ATLANTIC INTERNATIONAL CORP.ATLNEarnings & Financial Report
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, West Sussex, England. The airline was established in 1984 as British Atlantic Airways, and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between London and the Falkland Islands. Soon after changing the name to Virgin Atlantic Airways, Fields sold his shares in the company to Richard Branson in re...
Revenue
$107.8M
Gross Profit
$11.9M
Operating Profit
$-6.5M
Net Profit
$-7.0M
Gross Margin
11.0%
Operating Margin
-6.0%
Net Margin
-6.5%
YoY Growth
10.2%
EPS
$-0.16
ATLANTIC INTERNATIONAL CORP. Q3 FY2024 Financial Summary
ATLANTIC INTERNATIONAL CORP. reported revenue of $107.8M (up 10.2% YoY) for Q3 FY2024, with a net profit of $-7.0M (down 79.8% YoY) (-6.5% margin). Cost of goods sold was $95.9M, operating expenses totaled $18.4M.
Key Financial Metrics
| Total Revenue | $107.8M |
|---|---|
| Net Profit | $-7.0M |
| Gross Margin | 11.0% |
| Operating Margin | -6.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
ATLANTIC INTERNATIONAL CORP. Q3 FY2024 revenue of $107.8M breaks down across 2 segments, led by Temporary Placement Services at $106.8M (99.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Temporary Placement Services | $106.8M | 99.0% |
| Permanent Placement And Other Services | $1.0M | 1.0% |
ATLANTIC INTERNATIONAL CORP. Revenue by Segment — Quarterly Trend
ATLANTIC INTERNATIONAL CORP. revenue by segment across the last 4 reported quarters, showing how each business line (such as Temporary Placement Services and Permanent Placement And Other Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Temporary Placement Services | $118.7M | $108.8M | $102.0M | $101.8M |
| Permanent Placement And Other Services | — | $1.3M | — | — |
ATLANTIC INTERNATIONAL CORP. Annual Revenue by Year
ATLANTIC INTERNATIONAL CORP. annual revenue history includes year-by-year totals (for example, 2025 revenue was $435.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $435.9M |
| 2024 | $442.6M |
ATLANTIC INTERNATIONAL CORP. Quarterly Revenue & Net Profit History
ATLANTIC INTERNATIONAL CORP. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $120.0M | -7.3% | $-27.1M | -22.6% |
| Q3 FY2025 | $110.1M | +2.2% | $-10.8M | -9.8% |
| Q2 FY2025 | $102.9M | -1.7% | $-10.7M | -10.4% |
| Q1 FY2025 | $102.8M | +2.2% | $-10.7M | -10.5% |
| Q4 FY2024 | $129.5M | — | $-68.7M | -53.0% |
| Q3 FY2024 | $107.8M | +10.2% | $-7.0M | -6.5% |
| Q2 FY2024 | $104.6M | +17.1% | $-54.9M | -52.5% |
| Q1 FY2024 | $100.6M | — | $-4.9M | -4.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $100.6M | $104.6M | $107.8M | $129.5M | $102.8M | $102.9M | $110.1M | $120.0M |
| YoY Growth | N/A | 17.1% | 10.2% | N/A | 2.2% | -1.7% | 2.2% | -7.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.4M | $134.2M | $135.6M | $119.8M | $106.5M | $106.8M | $110.3M | $113.2M |
| Liabilities | $3.8M | $111.2M | $119.4M | $131.8M | $120.5M | $125.2M | $132.3M | $145.3M |
| Equity | $16.8M | $23.0M | $16.2M | $-12.0M | $-14.0M | $-18.5M | $-22.1M | $-32.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $11.2M | $-15.5M | $-1.3M | $-426318 | $14.6M | $-9.5M | $-1.3M | $-8.2M |