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Aterian, Inc. (ATER) 10-Year Financial Performance & Capital Metrics

ATER • • Industrial / General
Consumer CyclicalHome FurnishingsAppliances & Home ElectronicsSmall Kitchen Appliances
AboutAterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. The company provides Artificial Intelligence Marketplace e-Commerce Engine, a software technology platform, which uses machine learning, natural language processing, and data analytics to design, develop, market, and sell products. Its platform offers home and kitchen appliances; kitchenware; heating, cooling, and health and beauty products; and air quality appliances, such as dehumidifiers, humidifiers, and air conditioners under the hOmeLabs, Vremi, Squatty Potty, Xtava, RIF6, Aussie Health, Holonix, Truweo, Mueller, Pursteam, Pohl and Schmitt, Healing Solutions, Photo Paper Direct, and Spiralizer brands. The company also sells essential oils. It primarily serves individual online consumers through Amazon and other e-commerce platforms, as well as through its owned and operated websites and other marketplaces. The company was formerly known as Mohawk Group Holdings, Inc. and changed its name to Aterian, Inc. in April 2021. Aterian, Inc. was founded in 2014 and is headquartered in New York, New York.Show more
  • Revenue $99M -30.5%
  • EBITDA -$10M +86.0%
  • Net Income -$12M +84.1%
  • EPS (Diluted) -1.68 +85.3%
  • Gross Margin 62.09% +25.9%
  • EBITDA Margin -10.23% +79.8%
  • Operating Margin -11.94% +77.7%
  • Net Margin -11.98% +77.1%
  • ROE -35.92% +66.8%
  • ROIC -37.27% +64.4%
  • Debt/Equity 0.25 -26.7%
  • Interest Coverage -9.71 +72.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.2x book value
  • ✓Efficient asset utilization: 2.0x turnover

✗Weaknesses

  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-2.85%
3Y-26.33%
TTM-26.81%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM32.48%

EPS CAGR

10Y-
5Y-
3Y-
TTM40.37%

ROCE

10Y Avg-121.96%
5Y Avg-68.01%
3Y Avg-83.79%
Latest-35.47%

Peer Comparison

Small Kitchen Appliances
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SNSharkNinja, Inc.17.81B126.1740.5729.97%9.45%23.87%1.66%0.49
HBBHamilton Beach Brands Holding Company194.75M19.768.984.65%5.25%19.45%31.95%0.57
ATERAterian, Inc.7.75M0.77-0.46-30.53%-15.72%-54.49%27.39%0.25
LCUTLifetime Brands, Inc.91.76M4.05-5.70-0.54%-5.49%-19.59%17.81%1.09

Profit & Loss

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+36.46M73.28M114.45M185.7M247.77M221.17M142.57M99.05M
Revenue Growth %-1.01%0.56%0.62%0.33%-0.11%-0.36%-0.31%
Cost of Goods Sold+22.78M47.3M69.41M100.96M125.9M115.65M72.28M37.55M
COGS % of Revenue0.62%0.65%0.61%0.54%0.51%0.52%0.51%0.38%
Gross Profit+13.68M25.98M45.04M84.75M121.86M105.52M70.28M61.49M
Gross Margin %0.38%0.35%0.39%0.46%0.49%0.48%0.49%0.62%
Gross Profit Growth %-0.9%0.73%0.88%0.44%-0.13%-0.33%-0.13%
Operating Expenses+36.27M55.41M99.37M119.5M155.94M283.68M146.47M73.32M
OpEx % of Revenue0.99%0.76%0.87%0.64%0.63%1.28%1.03%0.74%
Selling, General & Admin32.57M51.76M88.71M98.64M171.17M159.38M102.13M73.32M
SG&A % of Revenue0.89%0.71%0.78%0.53%0.69%0.72%0.72%0.74%
Research & Development3.7M3.65M10.66M8.13M9.84M6.01M4.62M0
R&D % of Revenue0.1%0.05%0.09%0.04%0.04%0.03%0.03%-
Other Operating Expenses-24K14K012.73M-25.07M118.29M39.73M0
Operating Income+-22.59M-29.43M-54.33M-34.75M-34.08M-178.16M-76.19M-11.82M
Operating Margin %-0.62%-0.4%-0.47%-0.19%-0.14%-0.81%-0.53%-0.12%
Operating Income Growth %--0.3%-0.85%0.36%0.02%-4.23%0.57%0.84%
EBITDA+-22.34M-29.18M-54.15M-34.2M-26.75M-170.64M-72.3M-10.13M
EBITDA Margin %-0.61%-0.4%-0.47%-0.18%-0.11%-0.77%-0.51%-0.1%
EBITDA Growth %--0.31%-0.86%0.37%0.22%-5.38%0.58%0.86%
D&A (Non-Cash Add-back)258K253K183K552K7.33M7.52M3.89M1.69M
EBIT-22.62M-29.41M-54.23M-58.04M-222.24M-193.97M-73.31M-10.69M
Net Interest Income+-412K-2.35M-4.39M-4.98M-12.65M-2.6M-1.42M-949K
Interest Income1K1K146K59K595K93K704K269K
Interest Expense413K2.35M4.53M5.04M13.25M2.7M2.13M1.22M
Other Income/Expense-436K-2.34M-4.43M-28.33M-201.41M-18.51M759K-86K
Pretax Income+-23.03M-31.77M-58.76M-63.08M-235.49M-196.67M-75.43M-11.91M
Pretax Margin %-0.63%-0.43%-0.51%-0.34%-0.95%-0.89%-0.53%-0.12%
Income Tax+38K55K29K48K532K-376K-867K-47K
Effective Tax Rate %1%1%1%1%1%1%0.99%1%
Net Income+-23.07M-31.82M-58.79M-63.13M-236.02M-196.29M-74.56M-11.86M
Net Margin %-0.63%-0.43%-0.51%-0.34%-0.95%-0.89%-0.52%-0.12%
Net Income Growth %--0.38%-0.85%-0.07%-2.74%0.17%0.62%0.84%
Net Income (Continuing)-23.07M-31.82M-58.79M-63.13M-236.02M-196.29M-74.56M-11.86M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)+-1.32-1.81-3.63-3.32-11.26-35.41-11.45-1.68
EPS Growth %--0.37%-1.01%0.09%-2.39%-2.14%0.68%0.85%
EPS (Basic)-1.32-1.81-3.63-3.32-11.26-35.41-11.45-1.68
Diluted Shares Outstanding17.54M17.54M16.2M18.99M20.84M5.54M6.51M7.07M
Basic Shares Outstanding17.54M17.54M16.2M18.99M20.84M5.54M6.51M7.07M
Dividend Payout Ratio--------

Balance Sheet

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+30.23M57.4M73.02M75.16M124.87M100.02M49.64M38.72M
Cash & Short-Term Investments5.3M20.03M30.35M26.72M30.32M43.57M20.02M18M
Cash Only5.3M20.03M30.35M26.72M30.32M43.57M20.02M18M
Short-Term Investments00000000
Accounts Receivable1.33M1.4M1.06M5.75M10.48M4.51M4.22M3.78M
Days Sales Outstanding13.356.993.3811.315.447.4510.8213.94
Inventory20.58M30.55M36.21M31.58M63.05M43.67M20.39M13.75M
Days Inventory Outstanding329.7235.78190.42114.18182.77137.81102.96133.65
Other Current Assets787K2.7M1.23M4.51M9.33M4.35M2.92M1.61M
Total Non-Current Assets+946K605K1.41M82.3M188.7M56.42M12.23M10.82M
Property, Plant & Equipment494K268K175K169K1.25M853K775K685K
Fixed Asset Turnover73.80x273.43x654.01x1098.84x197.58x259.28x183.96x144.59x
Goodwill00745K47.32M119.94M000
Intangible Assets00310K31.46M64.95M54.76M11.32M9.76M
Long-Term Investments250K129K129K129K0129K129K130K
Other Non-Current Assets202K208K175K3.35M2.55M813K9K251K
Total Assets+31.17M58.01M74.42M157.45M313.57M156.44M61.87M49.54M
Asset Turnover1.17x1.26x1.54x1.18x0.79x1.41x2.30x2.00x
Asset Growth %-0.86%0.28%1.12%0.99%-0.5%-0.6%-0.2%
Total Current Liabilities+18.2M39.56M53.23M74.73M83.74M53.03M25.45M19.3M
Accounts Payable7.98M15.4M21.06M14.86M21.72M16.04M4.19M3.08M
Days Payables Outstanding127.92118.88110.7753.7162.9650.6121.1629.94
Short-Term Debt5.52M14.45M24.66M50.02M40.42M22.75M12.15M7.41M
Deferred Revenue (Current)0707K507K00000
Other Current Liabilities699K2.77M1.07M2.06M4.74M4.12M8.97M4.95M
Current Ratio1.66x1.45x1.37x1.01x1.49x1.89x1.95x2.01x
Quick Ratio0.53x0.68x0.69x0.58x0.74x1.06x1.15x1.29x
Cash Conversion Cycle215.13123.8983.0371.77135.2594.6692.62117.64
Total Non-Current Liabilities+4.82M13.07M10.47M59.34M5.6M1.45M391K227K
Long-Term Debt4.73M13.05M10.47M36.48M0000
Capital Lease Obligations00000000
Deferred Tax Liabilities00000000
Other Non-Current Liabilities87K26K4K22.86M5.6M1.45M391K227K
Total Liabilities23.02M52.64M63.7M134.07M89.34M54.49M25.84M19.52M
Total Debt+10.25M27.5M35.12M86.5M40.42M22.75M12.15M7.41M
Net Debt4.96M7.47M4.77M59.79M10.11M-20.83M-7.88M-10.58M
Debt / Equity1.26x5.12x3.27x3.70x0.18x0.22x0.34x0.25x
Debt / EBITDA--------
Net Debt / EBITDA--------
Interest Coverage-54.70x-12.50x-11.99x-6.90x-2.57x-66.08x-35.85x-9.71x
Total Equity+8.15M5.37M10.73M23.38M224.23M101.95M36.03M30.02M
Equity Growth %--0.34%1%1.18%8.59%-0.55%-0.65%-0.17%
Book Value per Share0.460.310.661.2310.7618.395.534.25
Total Shareholders' Equity8.15M5.37M10.73M23.38M224.23M101.95M36.03M30.02M
Common Stock1K1K2K3K5K8K9K9K
Retained Earnings-39.2M-71.02M-129.81M-192.94M-428.96M-625.25M-699.82M-711.68M
Treasury Stock00000000
Accumulated OCI-43K40K57K9K-468K-1.14M-838K-906K
Minority Interest00000000

Cash Flow

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-28.76M-30.34M-25.2M6.09M-41.97M-17.48M-13.39M2.17M
Operating CF Margin %-0.79%-0.41%-0.22%0.03%-0.17%-0.08%-0.09%0.02%
Operating CF Growth %--0.06%0.17%1.24%-7.89%0.58%0.23%1.16%
Net Income-23.07M-31.82M-58.79M-63.13M-236.02M-196.29M-74.56M-11.86M
Depreciation & Amortization258K253K183K552K7.33M7.52M3.89M1.69M
Stock-Based Compensation1.05M619K34.68M22.72M28.99M14.59M8.34M7.51M
Deferred Taxes119K175K0000-1.15M-5K
Other Non-Cash Items145K757K1.45M37.47M175.34M137.01M34.56M-3.39M
Working Capital Changes-7.26M-326K-2.72M8.48M-17.59M19.69M15.54M8.22M
Change in Receivables-526K-70K309K-4.7M-4.55M5.6M205K427K
Change in Inventory-15.65M-9.97M-5.36M18.66M-19.3M19.44M26.43M9.38M
Change in Payables10.94M10.87M3.33M-6.99M14.12M-10.91M-13.68M-2.34M
Cash from Investing+-125K-26K-1.28M-39.05M-44.91M-677K-244K-242K
Capital Expenditures-125K-61K-114K-89K-32K-82K-119K-42K
CapEx % of Revenue0%0%0%0%0%0%0%0%
Acquisitions--------
Investments--------
Other Investing035K-1.17M-25M-34.29M-595K-125K0
Cash from Financing+28.6M45.29M36.57M32.32M95.57M27M-11.11M-4.91M
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing17.99M25.22M-5.88M-2.72M21.97M-4.2M-56K18K
Net Change in Cash--------
Free Cash Flow+-28.88M-30.41M-25.31M6M-42M-17.56M-13.51M2.12M
FCF Margin %-0.79%-0.41%-0.22%0.03%-0.17%-0.08%-0.09%0.02%
FCF Growth %--0.05%0.17%1.24%-8%0.58%0.23%1.16%
FCF per Share-1.65-1.73-1.560.32-2.02-3.17-2.070.30
FCF Conversion (FCF/Net Income)1.25x0.95x0.43x-0.10x0.18x0.09x0.18x-0.18x
Interest Paid213K1.55M3.2M2.79M5.61M1.88M1.72M1.14M
Taxes Paid5K3K21K46K41K100K94K152K

Key Ratios

Metric20172018201920202021202220232024
Return on Equity (ROE)-282.89%-470.65%-730.48%-370.14%-190.64%-120.36%-108.08%-35.92%
Return on Invested Capital (ROIC)-129.26%-170.12%-287.6%-52.83%-16.1%-84.71%-104.58%-37.27%
Gross Margin37.52%35.46%39.35%45.63%49.18%47.71%49.3%62.09%
Net Margin-63.27%-43.43%-51.37%-33.99%-95.26%-88.75%-52.3%-11.98%
Debt / Equity1.26x5.12x3.27x3.70x0.18x0.22x0.34x0.25x
Interest Coverage-54.70x-12.50x-11.99x-6.90x-2.57x-66.08x-35.85x-9.71x
FCF Conversion1.25x0.95x0.43x-0.10x0.18x0.09x0.18x-0.18x
Revenue Growth-100.99%56.19%62.26%33.42%-10.73%-35.54%-30.53%

Revenue by Segment

201920202021202220232024
Heating, Cooling, and Air Quality----34.69M26.4M
Heating, Cooling, and Air Quality Growth------23.89%
Housewares3.21M3.28M33.95M33.04M26.09M22.52M
Housewares Growth-2.21%936.04%-2.68%-21.03%-13.69%
Health and Beauty----16.02M13.47M
Health and Beauty Growth------15.96%
Essential Oils and Related Accessories----17.2M12.72M
Essential Oils and Related Accessories Growth------26.07%
Kitchen Appliances26.92M29.71M43.18M40.55M24.18M9.56M
Kitchen Appliances Growth-10.38%45.33%-6.09%-40.37%-60.44%
Home Office172K7.67M12.35M13.32M9.78M8.02M
Home Office Growth-4358.72%61.06%7.85%-26.58%-18.03%
Cookware, Kitchen Tools, and Gadgets----11.7M5.92M
Cookware, Kitchen Tools, and Gadgets Growth------49.35%
Product and Service, Other----2.35M434K
Product and Service, Other Growth------81.54%
Heating Cooling And Air Quality58.02M78.42M73.69M67.8M--
Heating Cooling And Air Quality Growth-35.16%-6.04%-7.99%--
Essential Oils And Related Accessories--27.44M23.6M--
Essential Oils And Related Accessories Growth----13.99%--
Cookware Kitchen Tools And Gadgets6.9M14.87M22.93M19.53M--
Cookware Kitchen Tools And Gadgets Growth-115.54%54.24%-14.86%--
Health And Beauty14.95M26.07M15.58M17.48M--
Health And Beauty Growth-74.40%-40.24%12.23%--
Other2.6M8.86M12.15M4.28M--
Other Growth-240.81%37.10%-64.77%--
Personal Proactive Equipment-15.49M----
Personal Proactive Equipment Growth------
PaaS1.69M1.34M----
PaaS Growth--20.71%----

Revenue by Geography

201920202021202220232024
North America114.26M185.65M244.02M216.34M137.26M93.52M
North America Growth-62.48%31.44%-11.34%-36.55%-31.87%
Other Than North America190K56K3.75M4.83M5.31M5.53M
Other Than North America Growth--70.53%6596.43%28.85%9.87%4.09%

Frequently Asked Questions

Growth & Financials

Aterian, Inc. (ATER) reported $78.5M in revenue for fiscal year 2024. This represents a 115% increase from $36.5M in 2017.

Aterian, Inc. (ATER) saw revenue decline by 30.5% over the past year.

Aterian, Inc. (ATER) reported a net loss of $12.3M for fiscal year 2024.

Dividend & Returns

Aterian, Inc. (ATER) has a return on equity (ROE) of -35.9%. Negative ROE indicates the company is unprofitable.

Aterian, Inc. (ATER) had negative free cash flow of $9.9M in fiscal year 2024, likely due to heavy capital investments.

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