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Atlas Lithium Corporation (ATLX) 10-Year Financial Performance & Capital Metrics

ATLX • • Industrial / General
Basic MaterialsPrecious MetalsLithium & Battery Metals MiningLithium Developers
AboutAtlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation is based in Beverly Hills, California.Show more
  • Revenue $667K
  • EBITDA -$44M -4.0%
  • Net Income -$42M -3.6%
  • EPS (Diluted) -2.91 +29.2%
  • Gross Margin 39.83%
  • EBITDA Margin -6544.39%
  • Operating Margin -6574.16%
  • Net Margin -6331.77%
  • ROE -284.58% +63.4%
  • ROIC -1298.75%
  • Debt/Equity 0.47 -64.4%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 112.5%

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 44.4% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* 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

10Y3.09%
5Y112.51%
3Y302.49%
TTM-66.52%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM31.44%

EPS CAGR

10Y-
5Y-
3Y-
TTM199.11%

ROCE

10Y Avg-420.85%
5Y Avg-316.46%
3Y Avg-214.8%
Latest-97.64%

Peer Comparison

Lithium Developers
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
Famous Investor Metrics
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SLIStandard Lithium Ltd.1.25B5.266.4168.23%0.00
ATLXAtlas Lithium Corporation147.64M5.56-1.91-180.69%-91.66%0.47
ELVRElevra Lithium Limited1.15B67.85-2.4911.2%-131.75%-46.31%0.16
CRMLWCritical Metals Corp.6.67-3.66-23.29%
CRMLCritical Metals Corp.1.59B13.52-7.435.79%-335.36%-217.54%
LITMSnow Lake Resources Ltd.65.62M3.64-10.71-10.08%0.00
SGMLSigma Lithium Corporation1.73B15.55-24.6815.18%-23.32%-44.63%1.91
LACLithium Americas Corp.1.77B5.84-27.81-26.94%0.02

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+63.61K13.32K43.25K19.72K15.39K23.45K10.23K00667.13K
Revenue Growth %-0.87%-0.79%2.25%-0.54%-0.22%0.52%-0.56%-1%--
Cost of Goods Sold+163.15K218.25K208.84K126.22K182.17K129.94K245.81K14.66K24.92K401.44K
COGS % of Revenue2.56%16.38%4.83%6.4%11.83%5.54%24.02%--0.6%
Gross Profit+-99.54K-205K-166K-107K-166.78K-106.5K-235.58K-14.66K-24.92K265.69K
Gross Margin %-1.56%-15.39%-3.84%-5.43%-10.83%-4.54%-23.02%--0.4%
Gross Profit Growth %-3.19%-1.06%0.19%0.36%-0.56%0.36%-1.21%0.94%-0.7%11.66%
Operating Expenses+1.18M1.12M1.22M1.05M1.1M1.18M3.28M5.85M41.99M44.12M
OpEx % of Revenue18.6%83.92%28.14%53.41%71.3%50.12%320.61%--66.14%
Selling, General & Admin1.18M1.12M1.22M1.05M1.1M1.18M3.28M5.85M41.99M43.99M
SG&A % of Revenue18.6%83.92%28.14%53.41%71.3%50.12%320.61%--65.93%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses200-1.54K000000138.41K
Operating Income+-1.28M-1.32M-1.38M-1.16M-1.26M-1.28M-3.52M-5.86M-42.02M-43.86M
Operating Margin %-20.17%-99.3%-31.97%-58.78%-82.14%-54.66%-343.64%---65.74%
Operating Income Growth %0.31%-0.03%-0.05%0.16%-0.09%-0.01%-1.74%-0.67%-6.17%-0.04%
EBITDA+-1.23M-1.24M-1.29M-1.08M-1.2M-1.23M-3.48M-5.85M-41.99M-43.66M
EBITDA Margin %-19.28%-92.77%-29.89%-54.96%-78.02%-52.62%-339.99%---65.44%
EBITDA Growth %0.34%-0.01%-0.05%0.16%-0.11%-0.03%-1.82%-0.68%-6.18%-0.04%
D&A (Non-Cash Add-back)56.33K87K90.04K75.35K63.46K47.77K37.33K14.66K24.92K198.62K
EBIT-715K-1.27M-1.38M-1.16M-1.33M-1.12M-3.77M-6.06M-41.99M-43.86M
Net Interest Income+-1.16M-472K-507K-689K-755K-427.31K-253.6K-155.81K0416.01K
Interest Income0000754.75K0000416.01K
Interest Expense1.16M472.06K506.56K689.34K754.75K427.31K253.6K155.81K00
Other Income/Expense-595K-417K-508K-689K-821.54K-264.48K-509.37K-200.7K25.89K-536.05K
Pretax Income+-1.88M-1.74M-1.89M-1.85M-2.09M-1.55M-4.03M-6.06M-41.99M-44.39M
Pretax Margin %-29.52%-130.6%-43.72%-93.78%-135.51%-65.94%-393.42%---66.55%
Income Tax+00000000018.92K
Effective Tax Rate %1%0.91%0.89%0.9%0.89%0.74%0.69%0.81%0.97%0.95%
Net Income+-1.88M-1.59M-1.69M-1.67M-1.86M-1.14M-2.77M-4.93M-40.77M-42.24M
Net Margin %-29.52%-119.19%-39.1%-84.5%-120.97%-48.69%-270.95%---63.32%
Net Income Growth %0.45%0.15%-0.06%0.01%-0.12%0.39%-1.43%-0.78%-7.27%-0.04%
Net Income (Continuing)-1.88M-1.74M-1.89M-1.85M-2.09M-1.55M-4.03M-6.06M-41.99M-44.41M
Discontinued Operations0000000000
Minority Interest131.05K1.33M1.39M1.37M1.45M1.98M1.55M1.11M427.3K753.46K
EPS (Diluted)+-600.00-60.00-15.00-5.67-1.74-0.67-0.75-1.00-4.11-2.91
EPS Growth %0.94%0.9%0.75%0.62%0.69%0.61%-0.12%-0.33%-3.11%0.29%
EPS (Basic)-580.59-60.00-16.54-5.67-1.74-0.67-0.75-1.00-4.11-2.91
Diluted Shares Outstanding3.13K25.8K102.27K294.06K1.07M1.7M3.69M4.61M10.07M14.53M
Basic Shares Outstanding3.13K25.8K102.27K294.06K1.07M1.7M3.69M4.61M10.07M14.53M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+262.43K121.57K155.12K63.29K193.78K305.14K57.93K345.41K29.71M16.24M
Cash & Short-Term Investments64.36K7.14K84.11K2.41K155.87K255.64K22.78K280.52K29.55M15.54M
Cash Only64.36K7.14K84.11K2.41K151.09K253.6K22.78K280.52K29.55M15.54M
Short-Term Investments00004.78K2.04K0000
Accounts Receivable2.89K0024.03K020.11K17.91K17.8K047.68K
Days Sales Outstanding16.56--444.85-313638.82--26.09
Inventory145.08K78.91K38.88K33.19K15.05K11.68K000492.81K
Days Inventory Outstanding324.57131.9767.9495.9730.1632.8---448.08
Other Current Assets000-3.66K22.85K17.73K0050.82K29.43K
Total Non-Current Assets+870.43K1.05M1.14M924.07K832.66K646.74K1.51M5.34M13.86M41.61M
Property, Plant & Equipment361.56K421.93K365.47K243.78K172.8K89.28K53.87K217.55K7.77M15.9M
Fixed Asset Turnover0.18x0.03x0.12x0.08x0.09x0.26x0.19x--0.04x
Goodwill0000000000
Intangible Assets508.87K630.09K620.8K530.29K509.86K407.47K1.3M4.97M45.78K399.77K
Long-Term Investments00150K150K150K150K150K150K00
Other Non-Current Assets0000-100150K6.05M25.31M
Total Assets+1.13M1.17M1.29M987.36K1.03M951.89K1.56M5.68M43.57M57.85M
Asset Turnover0.06x0.01x0.03x0.02x0.01x0.02x0.01x--0.01x
Asset Growth %-0.16%0.04%0.1%-0.24%0.04%-0.07%0.64%2.63%6.67%0.33%
Total Current Liabilities+1.4M992.7K1.61M2.07M2.15M2.33M998.4K2.8M5.91M5.69M
Accounts Payable354.47K162.98K132.17K140.97K153.69K327.7K310.05K408.87K3.59M5M
Days Payables Outstanding793.02272.57231407.66307.95920.5460.3810.18K52.55K4.55K
Short-Term Debt491.7K349.03K665.39K1.09M1.5M1.67M10.17K21.49K67.02K81.92K
Deferred Revenue (Current)277.08K000000000
Other Current Liabilities281.35K310.26K537.18K447.33K00-10.17K2.37M2.12M470.72K
Current Ratio0.19x0.12x0.10x0.03x0.09x0.13x0.06x0.12x5.03x2.86x
Quick Ratio0.08x0.04x0.07x0.01x0.08x0.13x0.06x0.12x5.03x2.77x
Cash Conversion Cycle-451.89--133.16--574.69----4.07K
Total Non-Current Liabilities+116.15K191.39K200.81K188.42K192.73K121.25K108.93K78.96K29.99M30.15M
Long-Term Debt116.15K00000009.7M9.81M
Capital Lease Obligations00000000231.28K312.92K
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities0191.39K200.81K188.42K192.73K121.25K108.93K78.96K20.06M20.03M
Total Liabilities1.52M1.18M1.81M2.26M2.35M2.45M1.11M2.88M35.9M35.84M
Total Debt+607.85K349.03K665.39K1.09M1.5M1.67M10.17K21.49K10.13M10.34M
Net Debt543.48K341.89K581.29K1.09M1.35M1.42M-12.61K-259.03K-19.42M-5.2M
Debt / Equity------0.02x0.01x1.32x0.47x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-1.10x-2.80x-2.73x-1.68x-1.68x-3.00x-13.86x-37.62x--
Total Equity+-387.88K-10.51K-519.65K-1.27M-1.32M-1.5M456.87K2.81M7.68M22.01M
Equity Growth %0.8%0.97%-48.46%-1.45%-0.04%-0.13%1.31%5.14%1.73%1.87%
Book Value per Share-123.92-0.41-5.08-4.33-1.24-0.880.120.610.761.51
Total Shareholders' Equity-518.94K-1.34M-1.91M-2.64M-2.77M-3.47M-1.09M1.7M7.25M21.26M
Common Stock6.22M64.75K121.27K332.26K1.13M2M4.14K5.11K12.76K16.02K
Retained Earnings-44.24M-45.82M-47.52M-49.18M-51.04M-52.19M-54.96M-59.59M-102.82M-144.41M
Treasury Stock0000000000
Accumulated OCI-678.83K-489.52K-524.82K-566.11K-580.96K-775.11K-712.81K-981.04K-138.83K-458.81K
Minority Interest131.05K1.33M1.39M1.37M1.45M1.98M1.55M1.11M427.3K753.46K

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-965.92K-647.41K-734.29K-511.31K-791.07K-996.78K-1.91M-3.16M-5.96M-18.78M
Operating CF Margin %-15.19%-48.59%-16.98%-25.93%-51.39%-42.51%-187.11%---28.16%
Operating CF Growth %-2.92%0.33%-0.13%0.3%-0.55%-0.26%-0.92%-0.65%-0.89%-2.15%
Net Income-1.88M-1.74M-1.89M-1.85M-2.09M-1.55M-2.77M-6.06M-41.99M-44.41M
Depreciation & Amortization56.33K87K90.04K75.35K63.46K47.77K37.33K14.66K24.92K198.62K
Stock-Based Compensation159.01K367.57K454.11K379.32K175.42K168.01K02.48M15.51M25.31M
Deferred Taxes-462.86K23.26K0084.86K00000
Other Non-Cash Items744.24K274.94K395.06K557.93K606.18K110.36K914.71K531.47K-1.96K1.52M
Working Capital Changes415.63K339.46K217.4K324.77K364.89K223.12K-94.18K-123K20.49M-1.39M
Change in Receivables-2.89K1.9K83.06K-273488-30.43K17.92K-3.81K-50.6K0
Change in Inventory65.35K14.96K40.28K160.33K212.04K00000
Change in Payables0140.3K81.37K146.59K140.56K84.78K720.72K-59.39K564.72K1.08M
Cash from Investing+-24.76K-45.88K-37.98K-1.98K-677-13.64K512.44K-1.02M-7.97M-27.34M
Capital Expenditures-10.02K-45.88K-37.98K-803-677-1.9K-288.76K-1.02M-7.94M-22.44M
CapEx % of Revenue0.16%3.44%0.88%0.04%0.04%0.08%28.22%--33.64%
Acquisitions----------
Investments----------
Other Investing-14.74K-28.42K0-1.17K0-11.74K00-34.28K-4.9M
Cash from Financing+1.07M581.28K852.65K389.27K941.85K1.1M988.74K4.39M43.16M32.13M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing509.5K58K259.27K35K657.5K775.3K0600K00
Net Change in Cash----------
Free Cash Flow+-975.94K-693.29K-772.28K-512.12K-791.75K-1.01M-1.92M-4.18M-13.93M-46.13M
FCF Margin %-15.34%-52.04%-17.85%-25.97%-51.44%-43.1%-187.78%---69.15%
FCF Growth %-1.8%0.29%-0.11%0.34%-0.55%-0.28%-0.9%-1.18%-2.33%-2.31%
FCF per Share-311.80-26.87-7.55-1.74-0.74-0.60-0.52-0.91-1.38-3.17
FCF Conversion (FCF/Net Income)0.51x0.41x0.43x0.31x0.42x0.87x0.69x0.64x0.15x0.44x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-------606.82%-302.18%-777.84%-284.58%
Return on Invested Capital (ROIC)--407.51%-527.83%----1428.62%-293.78%--1298.75%
Gross Margin-156.48%-1538.69%-383.79%-542.71%-1083.45%-454.22%-2302.37%--39.83%
Net Margin-2952.37%-11919.24%-3909.56%-8449.99%-12096.91%-4869.33%-27094.98%---6331.77%
Debt / Equity------0.02x0.01x1.32x0.47x
Interest Coverage-1.10x-2.80x-2.73x-1.68x-1.68x-3.00x-13.86x-37.62x--
FCF Conversion0.51x0.41x0.43x0.31x0.42x0.87x0.69x0.64x0.15x0.44x
Revenue Growth-87.07%-79.06%224.65%-54.42%-21.93%52.32%-56.36%-100%--

Frequently Asked Questions

Growth & Financials

Atlas Lithium Corporation (ATLX) reported $0.2M in revenue for fiscal year 2024.

Atlas Lithium Corporation (ATLX) grew revenue by 0.0% over the past year. Growth has been modest.

Atlas Lithium Corporation (ATLX) reported a net loss of $32.6M for fiscal year 2024.

Dividend & Returns

Atlas Lithium Corporation (ATLX) has a return on equity (ROE) of -284.6%. Negative ROE indicates the company is unprofitable.

Atlas Lithium Corporation (ATLX) had negative free cash flow of $31.6M in fiscal year 2024, likely due to heavy capital investments.

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