Atlas Critical Minerals Corporation (ATCX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Feb 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ATCX SEC filings page.
Atlas Critical Minerals Corporation (ATCX) reported $92K in revenue for fiscal year 2025, down 86.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
FY2025 shows a sharply shrinking revenue base, overhead that expanded against it, and a balance sheet increasingly funded by liabilities.
Revenue fell86.1% from FY2024 while SG&A rose219.7% in FY2025, revealing a cost base that expanded as activity contracted. Capital spending held at$133K , equal to144.3% of FY2025 revenue, so reinvestment consumed more than the year's reported sales.
FY2025 revenue was
Current assets of
Financial Health Signals
We do not publish a peer-relative financial health score for Atlas Critical Minerals Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Atlas Critical Minerals Corporation scores -11.44, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $14.6M against total assets of $2.7M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Atlas Critical Minerals Corporation passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Atlas Critical Minerals Corporation reported a net loss of $5.4M while operations used $3.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Atlas Critical Minerals Corporation reported an operating loss of $5.4M against $47K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Atlas Critical Minerals Corporation generated $92K in revenue in fiscal year 2025. This represents a decrease of 86.1% from the prior year.
Atlas Critical Minerals Corporation's EBITDA was -$5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Atlas Critical Minerals Corporation reported a net loss of $5.4M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Atlas Critical Minerals Corporation earned -$1.69 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Atlas Critical Minerals Corporation recorded an outflow of $3.1M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Atlas Critical Minerals Corporation held $30K in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Atlas Critical Minerals Corporation's gross margin was -64.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 104.1 percentage points from the prior year.
Atlas Critical Minerals Corporation's ROE was -673.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 520.7 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Atlas Critical Minerals Corporation invested $133K in capex in fiscal year 2025, funding long-term assets and infrastructure. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ATCX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92K-86.1% | $667K | N/A | N/A | N/A | N/A | N/A | $9K | N/A |
| Cost of Revenue | $152K-62.2% | $401K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | -$59K-122.4% | $266K | N/A | N/A | N/A | N/A | N/A | $9K | N/A |
| SG&A Expenses | $3.4M+219.7% | $1.1M+11.8% | $943K | N/A | $291K+9.6% | $266K+85.2% | $144K-26.2% | $195K+201.0% | $65K |
| Operating Income | -$5.4Mn/m | -$1.6Mn/m | -$1.1M | N/A | -$547Kn/m | -$412Kn/m | -$288Kn/m | -$402Kn/m | -$436K |
| EBITDA | -$5.3Mn/m | -$1.6Mn/m | -$1.0M | N/A | -$529Kn/m | -$392Kn/m | -$263Kn/m | -$384Kn/m | -$428K |
| Interest Expense | $47K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | $19K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$5.4Mn/m | -$1.7Mn/m | -$1.1M | N/A | -$548Kn/m | -$410Kn/m | -$312Kn/m | -$402Kn/m | -$438K |
| EPS (Basic) | -$1.69 | -$1.52 | -$1.42 | -$0.08n/m | -$0.09n/m | -$0.08n/m | -$0.07n/m | -$0.09n/m | -$0.11 |
| EPS (Diluted) | -$1.69 | -$1.52 | -$1.42 | -$0.08n/m | -$0.09n/m | -$0.08n/m | -$0.07n/m | -$0.09n/m | -$0.11 |
| Diluted Shares (Avg) | 3M | 1M | 752,476 | 8M+32.1% | 6M | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
ATCX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.7M+11.3% | $2.4M+470.8% | $417K+428.9% | $79K-39.5% | $130K-59.7% | $323K+29.5% | $249K-10.2% | $278K-18.5% | $341K |
| Current Assets | $710K+7.1% | $663K+588.0% | $96K+279.1% | $25K-70.4% | $86K-66.7% | $258K+64.7% | $157K-11.4% | $177K-13.3% | $204K |
| Cash & Equivalents | $30K-92.4% | $396K+326.9% | $93K+264.9% | $25K+2896.2% | $849-98.7% | $68K+15.5% | $58K+4480.9% | $1K-98.4% | $80K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $36K-78.7% | $172K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $29K-40.1% | $48K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $1.8M+46.4% | $1.3M+70.7% | $739K+3489.6% | $21K+42.8% | $14K+34.3% | $11K-39.1% | $18K+68.5% | $10K-32.0% | $15K |
| Current Liabilities | $1.8M+48.2% | $1.2M+67.2% | $734K+3466.6% | $21K+42.8% | $14K+34.3% | $11K-39.1% | $18K+68.5% | $10K-32.0% | $15K |
| Non-Current Liabilities | $27K-19.8% | $34K+618.1% | $5Kn/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Total Equity | $804K-28.1% | $1.1Mn/m | -$322K-652.0% | $58K-49.7% | $116K-62.9% | $312K+34.7% | $232K-13.3% | $267K-17.8% | $325K |
| Retained Earnings | -$14.6Mn/m | -$9.1Mn/m | -$4.2Mn/m | -$3.1Mn/m | -$2.5Mn/m | -$1.9Mn/m | -$1.5Mn/m | -$1.2Mn/m | -$778K |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ATCX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.0Mn/m | -$847Kn/m | -$863K | N/A | -$378Kn/m | -$286Kn/m | -$159Kn/m | -$59Kn/m | -$166K |
| Depreciation & Amortization | $18K+8748.5% | $206-99.6% | $57K+335.0% | $13K-29.1% | $18K-6.8% | $20K-20.3% | $25K+37.1% | $18K+132.4% | $8K |
| Stock-Based Compensation | $1.9M+126.4% | $850K+638.5% | $115K+10.5% | $104K-30.0% | $149K+100.2% | $74K-36.0% | $116K-43.2% | $204K-43.8% | $363K |
| Capital Expenditures | $133K0.0% | $133K | N/A | N/A | N/A | $788-96.1% | $20K+2422.3% | $803-87.7% | $7K |
| Free Cash Flow | -$3.1Mn/m | -$980K | N/A | N/A | N/A | -$286Kn/m | -$180Kn/m | -$59Kn/m | -$173K |
| Investing Cash Flow | -$67Kn/m | -$154K-124.1% | $639Kn/m | -$11K-110.0% | $105Kn/m | -$205K-408.7% | $66Kn/m | -$25Kn/m | -$7K |
| Financing Cash Flow | $2.7M+104.5% | $1.3M+41.1% | $930K | N/A | $205K-58.9% | $500K+233.3% | $150K+2900.0% | $5K-98.0% | $250K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ATCX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -64.3%-104.1pp | 39.8% | N/A | N/A | N/A | N/A | N/A | 100.0% | N/A |
| Operating Margin | -5787.6% | -245.5% | N/A | N/A | N/A | N/A | N/A | -4712.8% | N/A |
| Net Margin | -5860.2% | -256.8% | N/A | N/A | N/A | N/A | N/A | -4712.8% | N/A |
| Return on Equity | -673.8%-520.7pp | -153.0% | N/A | N/A | -473.5%-342.0pp | -131.5%+3.3pp | -134.8%+15.6pp | -150.3%-15.8pp | -134.6% |
| Return on Assets | -204.5%-132.5pp | -72.0%+185.0pp | -257.0% | N/A | -421.1%-294.0pp | -127.1%-1.8pp | -125.3%+19.4pp | -144.7%-16.2pp | -128.5% |
| Current Ratio | 0.39-0.2x | 0.54+0.4x | 0.13-1.1x | 1.24-4.7x | 5.97-18.1x | 24.05+15.2x | 8.90-8.0x | 16.93+3.6x | 13.29 |
| Liabilities-to-Equity | 2.30+1.2x | 1.13 | N/A | 0.35+0.2x | 0.12+0.1x | 0.030.0x | 0.080.0x | 0.040.0x | 0.05 |
| Asset Turnover | 0.03-0.2x | 0.28 | N/A | N/A | N/A | N/A | N/A | 0.03 | N/A |
| FCF Margin | -3369.5% | -146.9% | N/A | N/A | N/A | N/A | N/A | -697.2% | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.39), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Atlas Critical Minerals Corporation Ranks
Frequently Asked Questions
Atlas Critical Minerals Corporation (ATCX) reported $92K in total revenue for fiscal year 2025. This represents a -86.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Atlas Critical Minerals Corporation (ATCX) revenue declined by 86.1% year-over-year, from $667K to $92K in fiscal year 2025.
No, Atlas Critical Minerals Corporation (ATCX) reported a net loss of $5.4M in fiscal year 2025.
Atlas Critical Minerals Corporation (ATCX) had EBITDA of -$5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Atlas Critical Minerals Corporation (ATCX) had a gross margin of -64.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Atlas Critical Minerals Corporation (ATCX) has a return on equity of -673.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Atlas Critical Minerals Corporation (ATCX) recorded an outflow of $3.1M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Atlas Critical Minerals Corporation (ATCX) recorded an outflow of $3.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Atlas Critical Minerals Corporation (ATCX) had $2.7M in total assets as of fiscal year 2025, including both current and long-term assets.
Atlas Critical Minerals Corporation (ATCX) invested $133K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Atlas Critical Minerals Corporation (ATCX) had a current ratio of 0.39 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Atlas Critical Minerals Corporation (ATCX) had a liabilities-to-equity ratio of 2.30 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Atlas Critical Minerals Corporation (ATCX) had a return on assets of -204.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Atlas Critical Minerals Corporation (ATCX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $10.4M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Atlas Critical Minerals Corporation (ATCX) trades at 113x sales, its market capitalization divided by $92K revenue, FY2025. The market capitalization is $10.4M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Atlas Critical Minerals Corporation (ATCX) has an Altman Z-Score of -11.44, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Atlas Critical Minerals Corporation (ATCX) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Atlas Critical Minerals Corporation (ATCX) reported a net loss of $5.4M while operations used $3.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Atlas Critical Minerals Corporation (ATCX) reported an operating loss of $5.4M against $47K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.