Filing Flows › Atlas Lithium (ATLX) › Q4 2024
Atlas Lithium (ATLX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 14, 2025
Atlas Lithium (ATLX) reported revenue of $123K for the fourth quarter 2024 (Q4 2024) and -27% from the quarter before.
Atlas Lithium, Q4 2024: revenue $123K, net loss $11.6M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123K | -27% | — |
| Operating profit | −$10.9M | — | — |
| Net earnings | −$11.6M | — | — |
| Operating cash flow | −$4.6M | — | — |
What changed
Revenue was $123K in Q4 2024, down 27% from the previous quarter.
Gross margin was 12.9%. Operating costs exceeded revenue by $10.9M, an operating margin of -8803.1%. The quarter ended with a net loss of $11.6M, wider than the previous quarter's $9.7M loss. Minority interests bore $480K of it: to shareholders the quarter was a loss of $11.1M.
Operating cash flow was −$4.6M. Non-cash charges added back $7.2M of share-based compensation. Working capital and other items used $237K. Capital expenditures of $3.3M exceeded it, leaving free cash flow of −$7.8M.
Questions
What was Atlas Lithium's revenue in the fourth quarter 2024?
Atlas Lithium (ATLX) reported revenue of $123K for the fourth quarter 2024 (Q4 2024) and -27% from the quarter before.
Source: Atlas Lithium 10-K on SEC EDGAR.