ATLX

MKT CAP:$82M

Atlas Lithium Corporation

Market Cap

$82M

Basic Materials·Other Precious Metals·🇺🇸 United States·NASDAQ

Materials·Other·🇺🇸·NASDAQ

Stock Price

$4.44+$0.06 (+1.37%)

Apr 24, 2026

Company Details

Atlas 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 ...

CEO

Marc Fogassa

IPO Date

Dec 23, 2022

Website

www.atlas-lithium.com

Key Metrics TTM

Revenue

$4.6K

— YoY

Net Income

-$17M

EPS (Diluted)

-$2.25

Free Cash Flow

-$13M

Revenue / Share

$0.00

Gross Margin

-1574.4%

Operating Margin

-354026.7%

Net Margin

-360579.5%

FCF Margin

-274270.8%

P/S

17742.9x

P/E

—

Earnings Reports

Q4 2023

May 8, 2026

PENDING

Q3 2023

Oct 20, 2023

$0EPS -$1.24

Q1 2023

May 15, 2023

$0EPS -$0.60

FY 2021

Dec 31, 2021

$10.2KEPS -$0.75

Q3 2021

Sep 29, 2021

$3.0KEPS -$0.16

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$2.6K	-$38.2K	-$243.0K
Q2 16	$1.5K	-$22.6K	-$261.9K
Q1 21	$4.5K	-$18.5K	-$1M
Q2 21	$1.6K	-$22.5K	-$763.0K
Q3 21	$3.0K	-$24.4K	-$731.7K
Q1 23	$0	-$4.0K	-$3M
Q3 23	$0	-$22.0K	-$11M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q2 16	—	—
Q1 21	—	—
Q2 21	8073.5x	—
Q3 21	7747.6x	—
Q1 23	9037.4x	—
Q3 23	17742.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	-$163.2K	-$163.2K
Q2 16	-$142.5K	-$142.5K
Q1 21	$488.7K	$488.7K
Q2 21	-$587.3K	-$587.3K
Q3 21	-$1M	-$1M
Q1 23	-$4M	-$4M
Q3 23	-$8M	-$7M

Capital Expenditures

Quarter	CapEx
Q1 16	$0
Q2 16	$0
Q1 21	$1
Q2 21	$2
Q3 21	$6.4K
Q1 23	$5.8K
Q3 23	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	+16.7%	+199.2%
Q1 23	-100.0%	+1209.8%
Q3 23	-100.0%	+907.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$22.5K	880.3%
Q2 16	$35.1K	2317.8%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q1 23	$0	—
Q3 23	$4M	—

OpEx Breakdown

Quarter	G&A	SG&A
Q1 16	$204.9K	—
Q2 16	$261.8K	—
Q1 21	$1M	—
Q2 21	$740.5K	—
Q3 21	$707.3K	—
Q1 23	—	$3M
Q3 23	—	$11M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$54.2K	$0	$54.2K
Q2 22	$393.9K	$21.8K	$415.6K
Q3 22	$418.3K	$0	$418.3K
Q4 22	$280.5K	$0	$280.5K
Q1 23	$5M	$0	$5M
Q2 23	$20M	$65.2K	$20M
Q3 23	$23M	$68.7K	$23M
Q4 23	$30M	$0	$30M
Q1 24	$18M	$0	$18M
Q2 24	$32M	$0	$32M
Q3 24	$22M	$0	$22M
Q4 24	$16M	$0	$16M
Q1 25	$14M	$0	$14M
Q2 25	$14M	$0	$14M
Q3 25	$21M	$0	$21M
Q4 25	$36M	$0	$36M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	21K	—	—
Q2 16	21K	-1.3%	—
Q1 21	3M	+14537.8%	—
Q2 21	3M	+10.9%	—
Q3 21	4M	+17.2%	+18682.0%
Q1 23	7M	+68.9%	+32027.6%
Q3 23	10M	+56.2%	+242.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	—	—
Q2 16	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q1 23	$0	30
Q3 23	$0	30

Revenue / Employee