Atlantic International Stock (NASDAQ:ATLN)


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$0.78

52W Range

$0.41 - $5.25

50D Avg

$1.35

200D Avg

$2.49

Market Cap

$79.28M

Avg Vol (3M)

$9.50M

Beta

-2.95

Div Yield

-

ATLN Company Profile


Based in Billerica, Massachusetts, and established in 2013, Atlantic International Corp. (which operated as SeqLL Inc. until its name change in June 2024) underwent a significant corporate change on June 18, 2024, when it was acquired by Lyneer Investments, LLC, via a reverse merger. The company operates within the life sciences sector, providing specialized instrumentation and research services. Its primary focus is on generating innovative scientific assets and proprietary intellectual property across various "omics" disciplines. Central to its offerings is the True Single Molecule Sequencing (tSMS) platform. This advanced technology provides a unique single-molecule approach to DNA and RNA sequencing by directly detecting nucleic acids. It empowers researchers to analyze billions of individual molecules within a single experiment, ensuring the generation of highly accurate and reproducible data. Atlantic International's sophisticated solutions cater to diverse applications, including biomarker discovery and the development of diagnostic assays. Its clientele spans academic institutions (such as universities), governmental research centers, and leading companies in the biotechnology and pharmaceutical industries. The company also fosters key collaborations, including an R&D agreement with the U.S. Department of Justice's Federal Bureau of Investigation to assess the forensic potential of direct RNA sequencing using its tSMS platform, and a partnership with the Weizmann Institute of Science to advance and implement cutting-edge single-molecule technologies.

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Industry

Medical - Diagnostics & Research

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

300

IPO Date

Aug 27, 2021

Website

ATLN Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25
Domestic$435.88M

Fiscal year ends in Dec 25 | Currency in USD

ATLN Financial Summary


Dec 25Dec 24Dec 23
Revenue$435.88M$442.61M$401.37M
Operating Income$-50.23M$-21.83M$-3.45M
Net Income$-59.43M$-135.48M$-15.25M
EBITDA$-45.37M$-113.10M$1.44M
Basic EPS$-1.08$-3.68$-0.60
Diluted EPS$-1.08$-3.68$-0.60

Fiscal year ends in Dec 25 | Currency in USD

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