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ATLX (Atlas Lithium) Net Margin % : -5,311.18% (As of Sep. 2024)


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What is Atlas Lithium Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Atlas Lithium's Net Income for the three months ended in Sep. 2024 was $-9.03 Mil. Atlas Lithium's Revenue for the three months ended in Sep. 2024 was $0.17 Mil. Therefore, Atlas Lithium's net margin for the quarter that ended in Sep. 2024 was -5,311.18%.

The historical rank and industry rank for Atlas Lithium's Net Margin % or its related term are showing as below:

ATLX' s Net Margin % Range Over the Past 10 Years
Min: -27720   Med: -6647.61   Max: -698.58
Current: -8807.22


ATLX's Net Margin % is ranked worse than
90.87% of 865 companies
in the Metals & Mining industry
Industry Median: 0.67 vs ATLX: -8807.22

Atlas Lithium Net Margin % Historical Data

The historical data trend for Atlas Lithium's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Lithium Net Margin % Chart

Atlas Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12,413.33 -4,965.22 -27,720.00 - -

Atlas Lithium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -6,932.09 -5,011.48 -5,311.18

Competitive Comparison of Atlas Lithium's Net Margin %

For the Other Industrial Metals & Mining subindustry, Atlas Lithium's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlas Lithium's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlas Lithium's Net Margin % distribution charts can be found below:

* The bar in red indicates where Atlas Lithium's Net Margin % falls into.



Atlas Lithium Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Atlas Lithium's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-40.768/0
= %

Atlas Lithium's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-9.029/0.17
=-5,311.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlas Lithium  (NAS:ATLX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Atlas Lithium Net Margin % Related Terms

Thank you for viewing the detailed overview of Atlas Lithium's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Lithium Business Description

Traded in Other Exchanges
Address
Rua Buenos Aires, 10-14th Floor, Belo Horizonte, MG, BRA, 30.315-570
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain. They intend to mine and then process its lithium-containing ore to produce lithium concentrate (also known as spodumene concentrate), a key ingredient for the battery supply chain.
Executives
Igor Tkachenko officer: VP, Corporate Strategy 1200 N. FEDERAL HWY, SUITE 200, BOCA RATON FL 33432
Marc Fogassa director, 10 percent owner, officer: Chief Executive Officer 324 SOUTH BEVERLY DRIVE, SUITE 118, BEVERLY HILLS CA 90212
Pereira De Aguiar Gustavo officer: CFO/PAO 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Volodymyr Myadzel officer: Senior VP, Geology 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Cassiopeia Olson director 2015 S BEVERLY GLEN BLVD., 101, 101, LOS ANGELES CA 90025
Brian W. Bernier officer: Vice President 605 BELMONT PLACE, BOYNTON BEACH FL 33436
Stephen R. Petersen director C/O FOUR SPRINGS CAPITAL TRUST, 1901 MAIN STREET, LAKE COMO NJ 07719
De Paiva Monteiro Joel officer: VP, Admin & Ops, ESG Chief 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Nogueira Da Silva Junior Areli officer: VP, Mineral Exploration 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Roger Noriega director 1150 K STREET, N.W., WASHINGTON DC 20005
Peter Kristofer Goldy 10 percent owner 9903 SANTA MONICA BLVD, SUITE 187, BEVERLY HILLS CA 90212
Sainte Valiere, Llc 10 percent owner SOUTHPAC TRUST NEVIS LIMITED, HUNKINS PLAZA, CHARLESTOWN U7 NONE
Brazil Mining, Inc. 10 percent owner 324 SOUTH BEVERLY DRIVE, STE. 118, BEVERLY HILLS CA 90212
Luis Azevedo director AV. JOURNALISTA RICARDO MARINHO 360, SALA 113 ED.COSMOPOLITAN,BARRA DA TIJUCA, RIO DE JANEIRO, CEP 22631-350 D5 22631-350
Paul Durand director 99 LYTTLETON GARDENS, OTTAWA A6 K1L5A4

Atlas Lithium Headlines

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