For the quarter ending 2025-09-30, ATLN made $110,127,203 in revenue. -$10,820,344 in net income. Net profit margin of -9.83%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Service revenue, net | 110,127,203 | 102,896,993 | 102,808,807 | 115,084,849 |
| Cost of revenue | 97,725,227 | 91,478,299 | 91,622,685 | 96,492,166.5 |
| Gross profit | 12,401,976 | 11,418,694 | 11,186,122 | 11,901,603.5 |
| Selling, general and administrative | 19,888,692 | 18,870,535 | 19,399,479 | 14,158,167.5 |
| Depreciation and amortization | 1,230,307 | 1,232,750 | 1,236,389 | 1,248,626 |
| (loss) income from operations | -8,717,023 | -8,684,591 | -9,449,746 | -3,505,190 |
| Loss on debt extinguishment | 0 | 0 | - | 0 |
| Advisory fees paid in the merger | 0 | 0 | - | 21,744,629.333 |
| Interest expense | 2,094,177 | 2,023,960 | 1,284,822 | 3,510,765.333 |
| Other expense | 0 | 0 | - | 18,077,368.5 |
| Net loss before provision for income taxes | -10,811,200 | -10,708,551 | -10,734,568 | -24,848,694.5 |
| Income tax (expense)/benefit | 9,144 | 9,618 | 9,617 | 11,910,576.5 |
| Net loss | -10,820,344 | -10,718,169 | -10,744,185 | -36,759,271 |
| Net loss per share, basic (in dollars per share) | -0.2 | -0.2 | -0.2 | -0.78 |
| Net loss per share, diluted (in dollars per share) | -0.2 | -0.2 | -0.2 | -0.78 |
| Weighted-average shares outstanding, basic (in shares) | 55,119,781 | 54,553,905 | 53,975,575 | -17,993,116 |
| Weighted-average shares outstanding, diluted (in shares) | 55,119,781 | 54,553,905 | 53,975,575 | -17,993,116 |
ATLANTIC INTERNATIONAL CORP. (ATLN)
ATLANTIC INTERNATIONAL CORP. (ATLN)