ATCX

MKT CAP:$14M

Atlas Critical Minerals Corporation

Market Cap

$14M

Basic Materials·Gold·🇧🇷 Brazil·NASDAQ

Materials·Gold·🇧🇷·NASDAQ

Stock Price

$5.17-$7.18 (-58.14%)

Apr 23, 2026

Company Details

Atlas Critical Minerals Corporation is a mineral exploration and development company focused on critical minerals projects and properties in Brazil. Our portfolio principally includes mineral properties for rare earths, graphite, titanium, ...

CEO

L. Joseph Boyer

IPO Date

Nov 16, 2018

Website

www.atlascriticalminerals.com

Key Metrics TTM

Revenue

$588M

+16.1% YoY

Net Income

-$18M

EPS (Diluted)

-$0.51

Free Cash Flow

$30M

Revenue / Share

$15.56

Gross Margin

46.9%

Operating Margin

5.3%

Net Margin

-3.0%

FCF Margin

5.1%

P/S

0.0x

P/E

—

Earnings Reports

FY 2022

Mar 15, 2023

$605M+12.2%EPS -$0.22

Q4 2022

Mar 15, 2023

$151M+3.9%EPS -$0.11

Q2 2022

Aug 9, 2022

$157M+19.0%EPS -$0.04

Q1 2022

May 10, 2022

$135M+9.7%EPS -$0.13

FY 2021

Mar 15, 2022

$539M+15.1%EPS -$1.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 18	$0	$0	-$87
Q2 18	$0	$0	-$88
Q3 18	$0	$0	-$350
Q4 18	$0	-$106.0K	-$106.0K
Q1 19	$0	-$240.0K	-$240.0K
Q2 19	$0	-$191.0K	-$191.0K
Q3 19	$0	-$471.0K	-$471.0K
Q4 19	$113M	$50M	-$3M
Q1 21	$123M	$59M	$8M
Q2 21	$132M	$63M	$6M
Q3 21	$139M	$66M	$9M
Q4 21	$145M	$67M	$5M
Q1 22	$135M	$63M	$7M
Q2 22	$157M	$74M	$11M
Q4 22	$151M	$71M	$9M

Valuation

Quarter	P/S	P/E
Q1 18	—	—
Q2 18	—	—
Q3 18	—	—
Q4 18	—	212.1x
Q1 19	—	63.1x
Q2 19	—	36.6x
Q3 19	—	28.2x
Q4 19	0.5x	—
Q1 21	1.3x	—
Q2 21	0.8x	—
Q3 21	0.7x	—
Q4 21	0.6x	—
Q1 22	0.8x	—
Q2 22	0.3x	—
Q4 22	0.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 18	$0	$0
Q2 18	$0	$0
Q3 18	$0	$0
Q4 18	-$43.4K	-$43.4K
Q1 19	-$416.5K	-$416.5K
Q2 19	-$232.7K	-$232.7K
Q3 19	-$622.0K	-$622.0K
Q4 19	-$119.2K	-$119.2K
Q1 21	$693.0K	$2.0K
Q2 21	$8M	$7M
Q3 21	-$6M	-$7M
Q4 21	$27M	$25M
Q1 22	-$16M	-$18M
Q2 22	$10M	$8M
Q4 22	$16M	$15M

Capital Expenditures

Quarter	CapEx
Q1 18	$0
Q2 18	$0
Q3 18	$0
Q4 18	$0
Q1 19	$0
Q2 19	$0
Q3 19	$0
Q4 19	$0
Q1 21	$691.0K
Q2 21	$756.0K
Q3 21	$960.0K
Q4 21	$2M
Q1 22	$2M
Q2 22	$2M
Q4 22	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 19	—	+275762.1%
Q2 19	—	+216945.5%
Q3 19	—	+134471.4%
Q4 19	—	+109168.9%
Q1 21	—	+47805.4%
Q2 21	—	+65816.2%
Q3 21	—	+27519.1%
Q4 21	+28.5%	+21.0%
Q1 22	+9.7%	+11.6%
Q2 22	+19.0%	+15.9%
Q4 22	+8.8%	+9.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 18	$0	—
Q2 18	$0	—
Q3 18	$0	—
Q4 18	$0	—
Q1 19	$0	—
Q2 19	$0	—
Q3 19	$0	—
Q4 19	$0	0.0%
Q1 21	$446.0K	0.4%
Q2 21	$805.0K	0.6%
Q3 21	$1M	0.9%
Q4 21	$1M	0.8%
Q1 22	$1M	0.8%
Q2 22	$2M	1.1%
Q4 22	$3M	1.8%

OpEx Breakdown

Quarter	G&A	SG&A
Q3 18	—	$350
Q1 22	$50M	—
Q2 22	$55M	—
Q4 22	$56M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 19	$885.9K	$0	$885.9K
Q2 19	$750.9K	$0	$750.9K
Q3 19	$190.3K	$0	$190.3K
Q4 19	$20M	$0	$20M
Q1 20	$19M	$0	$19M
Q2 20	$17M	$0	$17M
Q3 20	$12M	$0	$12M
Q4 20	$14M	$0	$14M
Q1 21	$16M	$0	$16M
Q2 21	$12M	$0	$12M
Q3 21	$5M	$0	$5M
Q4 21	$11M	$0	$11M
Q1 22	$9M	$0	$9M
Q2 22	$11M	$0	$11M
Q3 22	$9M	$0	$9M
Q4 22	$6M	$0	$6M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 18	6M	—	—
Q2 18	6M	0.0%	—
Q3 18	25M	+304.6%	—
Q4 18	6M	-75.0%	—
Q1 19	6M	0.0%	+1.3%
Q2 19	6M	+0.2%	+1.6%
Q3 19	6M	+0.2%	-74.9%
Q4 19	6M	-9.2%	-8.8%
Q1 21	14M	+147.2%	+125.5%
Q2 21	31M	+114.9%	+383.3%
Q3 21	33M	+7.2%	+416.9%
Q4 21	34M	+2.6%	+483.9%
Q1 22	34M	+1.1%	+138.8%
Q2 22	36M	+5.6%	+17.3%
Q4 22	38M	+5.1%	+15.1%

Shares Outstanding