ATLN
ATLN
Atlantic International Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $110.13M ▲ | $21.12M ▲ | $-10.82M ▼ | -9.83% ▲ | $-0.2 | $-7.49M ▼ |
| Q2-2025 | $102.9M ▲ | $20.1M ▼ | $-10.72M ▲ | -10.42% ▲ | $-0.2 | $-7.04M ▲ |
| Q1-2025 | $102.81M ▼ | $20.64M ▲ | $-10.74M ▲ | -10.45% ▲ | $-0.2 ▲ | $-7.76M ▲ |
| Q4-2024 | $129.55M ▲ | $19.21M ▲ | $-68.65M ▼ | -52.99% ▼ | $-1.29 ▼ | $-40.79M ▼ |
| Q3-2024 | $107.8M | $18.4M | $-7.05M | -6.54% | $-0.16 | $-5.55M |
What's going well?
Sales are rising at a healthy pace, and gross profit is improving. Cost control is decent, with expenses growing slower than revenue.
What's concerning?
The company is still losing money every quarter, with no sign of turning a profit soon. Margins remain thin, and operating losses are persistent.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $83.41K ▼ | $110.26M ▲ | $132.32M ▲ | $-22.06M ▼ |
| Q2-2025 | $374.75K ▼ | $106.76M ▲ | $125.23M ▲ | $-18.46M ▼ |
| Q1-2025 | $1.47M ▲ | $106.47M ▼ | $120.51M ▼ | $-14.04M ▼ |
| Q4-2024 | $678.68K ▼ | $122.75M ▼ | $134.77M ▲ | $-12.02M ▼ |
| Q3-2024 | $1.4M | $135.64M | $119.41M | $16.22M |
What's financially strong about this company?
Receivables are large, suggesting ongoing business activity. Debt is mostly long-term, giving some breathing room on repayments.
What are the financial risks or weaknesses?
Cash is dangerously low, equity is deeply negative, and more money is tied up in receivables while payables are rising. The company is at high risk if collections slow or if lenders demand repayment.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-10.82M ▼ | $-1.26M ▲ | $-14.42K ▲ | $978.26K ▼ | $-291.34K ▲ | $-1.27M ▲ |
| Q2-2025 | $-10.72M ▲ | $-9.53M ▼ | $-17.99K ▼ | $8.46M ▲ | $-1.09M ▼ | $-9.55M ▼ |
| Q1-2025 | $-10.74M ▲ | $14.57M ▲ | $-12.08K ▲ | $-13.77M ▼ | $787.34K ▲ | $14.56M ▲ |
| Q4-2024 | $-68.65M ▼ | $-426.32K ▲ | $-23.08K ▼ | $-269.68K ▼ | $-719.08K ▼ | $-449.4K ▲ |
| Q3-2024 | $-7.05M | $-1.34M | $-15.07K | $2.31M | $958.28K | $-1.36M |
What's strong about this company's cash flow?
The cash burn rate dropped significantly compared to last quarter, showing some improvement in managing expenses or collecting cash. Non-cash expenses make up most of the losses, so actual cash outflow is less than the reported loss.
What are the cash flow concerns?
ATLN is still losing money and burning cash, with only $83,406 left at quarter end. The company relies on borrowing to fund operations, and without new funding, it could run out of cash very soon.
5-Year Trend Analysis
A comprehensive look at Atlantic International Corp.'s financial evolution and strategic trajectory over the past five years.
Atlantic International has transformed itself from a very small operator into a sizable, diversified staffing and workforce solutions platform with a strong top‑line growth record. Its Apollo Ecosystem and conversational AI offerings provide a clear technological angle that can deepen client engagement and enable more strategic services. Acquisitions have expanded its geographic reach and sector exposure, particularly into IT and technology staffing, while capital intensity remains low and recent steps have modestly reduced debt and improved liquidity ratios.
The same expansion that has built scale has also created significant financial strain. The company is running large and growing losses, carries a leveraged and fragile balance sheet with negative equity, and continues to post negative operating and free cash flow. Short‑term liquidity is tighter than is comfortable, leaving the business sensitive to shocks and reliant on ongoing access to financing. At the operating level, integration risk, execution risk on the technology roadmap, intense competition, and economic cyclicality in staffing all add to uncertainty about whether current strategies will translate into durable, profitable growth.
Atlantic International appears to be in a transitional phase: it has assembled meaningful scale and a promising technology platform, but has not yet demonstrated that this combination can deliver sustainable profits or self‑funded growth. The forward path will likely hinge on stabilizing margins, bringing overhead in line with revenue, successfully integrating acquisitions, and proving that Apollo-driven services can command better economics. Until there is clear evidence of improving profitability and cash generation, the company’s profile is best characterized as high growth potential coupled with elevated financial and execution risk.
About Atlantic International Corp.
https://seqll.comAs of June 18, 2024, Atlantic International Corp. was acquired by Lyneer Investments, LLC, in a reverse merger transaction. Atlantic International Corp. operates as a life sciences instrumentation and research services company. It focuses on development of scientific assets and novel intellectual property across multiple omics fields.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $110.13M ▲ | $21.12M ▲ | $-10.82M ▼ | -9.83% ▲ | $-0.2 | $-7.49M ▼ |
| Q2-2025 | $102.9M ▲ | $20.1M ▼ | $-10.72M ▲ | -10.42% ▲ | $-0.2 | $-7.04M ▲ |
| Q1-2025 | $102.81M ▼ | $20.64M ▲ | $-10.74M ▲ | -10.45% ▲ | $-0.2 ▲ | $-7.76M ▲ |
| Q4-2024 | $129.55M ▲ | $19.21M ▲ | $-68.65M ▼ | -52.99% ▼ | $-1.29 ▼ | $-40.79M ▼ |
| Q3-2024 | $107.8M | $18.4M | $-7.05M | -6.54% | $-0.16 | $-5.55M |
What's going well?
Sales are rising at a healthy pace, and gross profit is improving. Cost control is decent, with expenses growing slower than revenue.
What's concerning?
The company is still losing money every quarter, with no sign of turning a profit soon. Margins remain thin, and operating losses are persistent.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $83.41K ▼ | $110.26M ▲ | $132.32M ▲ | $-22.06M ▼ |
| Q2-2025 | $374.75K ▼ | $106.76M ▲ | $125.23M ▲ | $-18.46M ▼ |
| Q1-2025 | $1.47M ▲ | $106.47M ▼ | $120.51M ▼ | $-14.04M ▼ |
| Q4-2024 | $678.68K ▼ | $122.75M ▼ | $134.77M ▲ | $-12.02M ▼ |
| Q3-2024 | $1.4M | $135.64M | $119.41M | $16.22M |
What's financially strong about this company?
Receivables are large, suggesting ongoing business activity. Debt is mostly long-term, giving some breathing room on repayments.
What are the financial risks or weaknesses?
Cash is dangerously low, equity is deeply negative, and more money is tied up in receivables while payables are rising. The company is at high risk if collections slow or if lenders demand repayment.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-10.82M ▼ | $-1.26M ▲ | $-14.42K ▲ | $978.26K ▼ | $-291.34K ▲ | $-1.27M ▲ |
| Q2-2025 | $-10.72M ▲ | $-9.53M ▼ | $-17.99K ▼ | $8.46M ▲ | $-1.09M ▼ | $-9.55M ▼ |
| Q1-2025 | $-10.74M ▲ | $14.57M ▲ | $-12.08K ▲ | $-13.77M ▼ | $787.34K ▲ | $14.56M ▲ |
| Q4-2024 | $-68.65M ▼ | $-426.32K ▲ | $-23.08K ▼ | $-269.68K ▼ | $-719.08K ▼ | $-449.4K ▲ |
| Q3-2024 | $-7.05M | $-1.34M | $-15.07K | $2.31M | $958.28K | $-1.36M |
What's strong about this company's cash flow?
The cash burn rate dropped significantly compared to last quarter, showing some improvement in managing expenses or collecting cash. Non-cash expenses make up most of the losses, so actual cash outflow is less than the reported loss.
What are the cash flow concerns?
ATLN is still losing money and burning cash, with only $83,406 left at quarter end. The company relies on borrowing to fund operations, and without new funding, it could run out of cash very soon.
5-Year Trend Analysis
A comprehensive look at Atlantic International Corp.'s financial evolution and strategic trajectory over the past five years.
Atlantic International has transformed itself from a very small operator into a sizable, diversified staffing and workforce solutions platform with a strong top‑line growth record. Its Apollo Ecosystem and conversational AI offerings provide a clear technological angle that can deepen client engagement and enable more strategic services. Acquisitions have expanded its geographic reach and sector exposure, particularly into IT and technology staffing, while capital intensity remains low and recent steps have modestly reduced debt and improved liquidity ratios.
The same expansion that has built scale has also created significant financial strain. The company is running large and growing losses, carries a leveraged and fragile balance sheet with negative equity, and continues to post negative operating and free cash flow. Short‑term liquidity is tighter than is comfortable, leaving the business sensitive to shocks and reliant on ongoing access to financing. At the operating level, integration risk, execution risk on the technology roadmap, intense competition, and economic cyclicality in staffing all add to uncertainty about whether current strategies will translate into durable, profitable growth.
Atlantic International appears to be in a transitional phase: it has assembled meaningful scale and a promising technology platform, but has not yet demonstrated that this combination can deliver sustainable profits or self‑funded growth. The forward path will likely hinge on stabilizing margins, bringing overhead in line with revenue, successfully integrating acquisitions, and proving that Apollo-driven services can command better economics. Until there is clear evidence of improving profitability and cash generation, the company’s profile is best characterized as high growth potential coupled with elevated financial and execution risk.

CEO
Jeffrey Jagid
Compensation Summary
(Year )
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2023-08-31 | Reverse | 1:40 |
ETFs Holding This Stock
Summary
Showing Top 3 of 26
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
HIGHTOWER ADVISORS, LLC
Shares:400K
Value:$1.2M
VANGUARD GROUP INC
Shares:315.62K
Value:$943.7K
BLACKROCK, INC.
Shares:309.95K
Value:$926.77K
Summary
Showing Top 3 of 44

