Atlas Energy Solutions Inc. AESI
Atlas Energy Solutions Inc. is a leading proppant producer, logistics, and distributed power solutions provider, primarily serving the Permian Basin of West Texas and New Mexico. We operate our business through two reportable segments: Sand and Logistics and Power. Our mission is to improve human beings' access to the hydrocarbons that power our lives, and, by doing so, we maximize the value creation for our stockholders. Value creation for our shareholders is our fundamental goal. In order to fulfill our mission and create value for our shareholders, we strive to optimize the outcomes for our broader stakeholders, including our employees and the communities in which we operate. We are proud of the fact that our approach to innovation in the hydrocarbon industry drives efficiencies creating value for our shareholders, while also delivering differentiated social and environmental progress. The Company has driven innovation designed to provide industry-leading environmental benefits by reducing energy consumption, emissions, and our aerial footprint. We call this Sustainable Environmental and Social Progress, and it is driven by shareholder value creation.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.06B | $614.0M | $482.7M | $172.4M | — |
| Gross profit | $150.7M | $232.0M | $313.8M | $256.3M | $64.1M | — |
| SG&A | $138.8M | $106.2M | $48.6M | $24.3M | $17.1M | — |
| Operating income | -$10.9M | $113.9M | $265.1M | $232.0M | $47.0M | — |
| Interest expense | $58.0M | $38.6M | $7.7M | $15.8M | $42.2M | — |
| Pre-tax income | -$68.2M | $75.8M | $257.9M | $218.9M | $5.1M | — |
| Income tax | $17.9M | $15.8M | $31.4M | $1.9M | $831.0K | — |
| Net income | -$50.3M | $59.9M | $105.4M | $217.0M | $4.3M | — |
| EPS, basic | -0.41 | 0.55 | 1.50 | — | — | — |
| EPS, diluted | -0.41 | 0.55 | 1.48 | — | — | — |
| Shares, diluted (wtd. avg.) | $122.4M | $109.2M | $71.0M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Receivables | $180.7M | $166.0M | $71.2M | $73.3M | — | — |
| Inventory | $13.6M | $17.3M | $6.4M | $5.6M | — | — |
| Total current assets | $307.5M | $289.4M | $318.7M | $178.7M | — | — |
| Property, plant and equipment | $1.54B | $1.49B | $934.7M | $541.5M | — | — |
| Goodwill | $152.9M | $69.0M | $0 | — | — | — |
| Other intangibles | $182.2M | $105.9M | $1.8M | — | — | — |
| Total assets | $2.23B | $1.97B | $1.26B | $751.0M | — | — |
| Accounts payable | $69.2M | $119.0M | $60.9M | $31.6M | — | — |
| Short-term debt | $40.7M | $43.7M | $0 | $20.6M | — | — |
| Total current liabilities | $211.1M | $243.1M | $92.6M | $88.7M | — | — |
| Long-term debt | $538.2M | $467.0M | $172.8M | $126.6M | — | — |
| Total liabilities | $1.02B | $936.1M | $393.9M | $239.6M | — | — |
| Retained earnings | -$50.3M | $0 | -$41.3M | $0 | — | — |
| Total equity | $1.21B | $1.04B | $867.8M | $511.4M | $338.7M | $331.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $117.3M | $256.5M | $299.0M | $206.0M | $21.4M | — |
| Depreciation and amortisation | $160.1M | $98.7M | $39.8M | $27.5M | $23.7M | — |
| Stock-based compensation | $33.2M | $22.4M | $7.4M | $678.0K | $129.0K | — |
| Capital expenditure | $148.3M | $374.0M | $365.5M | $89.6M | $19.4M | — |
| Investing cash flow | -$344.8M | -$512.7M | -$365.5M | -$89.6M | -$19.4M | — |
| Financing cash flow | $196.4M | $117.8M | $194.6M | -$74.8M | $2.3M | — |
| Buybacks | $200.0K | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-067145.
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