Atlantic Lithium Future Growth

Future criteria checks 0/6

Atlantic Lithium's earnings are forecast to decline at 9.4% per annum while its annual revenue is expected to grow at 114.7% per year. EPS is expected to grow by 5.1% per annum. Return on equity is forecast to be -7% in 3 years.

Key information

-9.4%

Earnings growth rate

5.1%

EPS growth rate

Metals and Mining earnings growth	10.5%
Revenue growth rate	114.7%
Future return on equity	-7.0%
Analyst coverage	Low
Last updated	06 Dec 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

ASX:A11 - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	134	-13	-44	N/A	3
6/30/2026	7	-16	-90	N/A	3
6/30/2025	N/A	-2	-11	N/A	3
6/30/2024	1	-13	-34	-9	N/A
3/31/2024	0	-13	-33	-9	N/A
12/31/2023	0	-14	-31	-9	N/A
9/30/2023	0	-13	-29	-8	N/A
6/30/2023	N/A	-12	-27	-7	N/A
3/31/2023	N/A	-15	-27	-7	N/A
12/31/2022	N/A	-18	-26	-6	N/A
9/30/2022	N/A	-27	-26	-6	N/A
6/30/2022	N/A	-35	-26	-5	N/A
3/31/2022	0	-29	-27	-5	N/A
12/31/2021	0	-24	-27	-5	N/A
9/30/2021	0	-15	-22	-4	N/A
6/30/2021	N/A	-5	-17	-3	N/A
3/31/2021	0	-5	-14	-2	N/A
12/31/2020	0	-6	-11	-2	N/A
9/30/2020	0	-6	-11	-2	N/A
6/30/2020	N/A	-7	-11	-3	N/A
3/31/2020	0	-5	-11	-3	N/A
12/31/2019	0	-4	-11	-3	N/A
9/30/2019	0	-6	-12	-3	N/A
6/30/2019	0	-7	-12	-4	N/A
3/31/2019	0	-11	-13	-3	N/A
12/31/2018	0	-14	-13	-3	N/A
9/30/2018	0	-14	-11	-3	N/A
6/30/2018	N/A	-13	-9	-3	N/A
3/31/2018	0	-10	N/A	-3	N/A
12/31/2017	0	-7	N/A	-4	N/A
9/30/2017	0	-6	N/A	-4	N/A
6/30/2017	0	-5	N/A	-4	N/A
3/31/2017	0	-5	N/A	-3	N/A
12/31/2016	0	-4	N/A	-2	N/A
9/30/2016	0	-3	N/A	-2	N/A
6/30/2016	0	-2	N/A	-2	N/A
3/31/2016	0	-2	N/A	-2	N/A
12/31/2015	0	-2	N/A	-2	N/A
9/30/2015	0	-2	N/A	-2	N/A
6/30/2015	0	-2	N/A	-1	N/A
3/31/2015	0	-2	N/A	-1	N/A
12/31/2014	0	-2	N/A	0	N/A
9/30/2014	0	-2	N/A	0	N/A
6/30/2014	0	-2	N/A	-1	N/A
3/31/2014	0	-2	N/A	-1	N/A
12/31/2013	0	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A11 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: A11 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: A11 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: A11 is forecast to have no revenue next year.

High Growth Revenue: A11 is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A11 is forecast to be unprofitable in 3 years.

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 08:33
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Atlantic Lithium Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Samuel Catalano	Canaccord Genuity
Alexander Bedwany	Canaccord Genuity
Austin Yun	Macquarie Research

Atlantic Lithium Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 8.5% to AU$0.72

Price target decreased by 8.7% to AU$0.73

Price target decreased by 11% to AU$0.81

Forecast to breakeven in 2026

Forecast breakeven date pushed back to 2026

Price target increased by 11% to AU$1.00

Recent updates

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Price target decreased by 8.5% to AU$0.72

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

New minor risk - Market cap size

Less than half of directors are independent

Atlantic Lithium Limited Announces Grant of Ewoyaa Lithium Mining Project EPA Permit

Atlantic Lithium Limited Announces New Dog-Leg Target Delivers Increase to Ewoyaa MRE

Atlantic Lithium Limited Provides Ewoyaa Lithium Project Update

Price target decreased by 8.7% to AU$0.73

Atlantic Lithium Limited Announces Appointment of Edward Nana Yaw Koranteng to It's Board of Directors as Independent Non-Executive Director

Atlantic Lithium Limited Announces Further Broad and High-Grade Assay Results from Resource Drilling Completed at the Ewoyaa Lithium Project in Ghana, West Africa

Price target decreased by 11% to AU$0.81

Less than half of directors are independent

Atlantic Lithium Limited Announces Multiple Broad and High-Grade Drill Intersections Resource Extension Drilling Results Ewoyaa Lithium Project, Ghana, West Africa

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Board Changes

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.

Atlantic Lithium Limited Announces Maiden Feldspar Mineral Resource Estimate 15.7Mt At 40.2% Feldspar Ewoyaa Lithium Project, Ghana

Atlantic Lithium Limited Announces Multiple Broad Intervals of Visible Spodumene Has Been Observes in Drilling Outside of the Current Mineral Resource Estimate At Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Provides Project Development Update

Assore International Holdings Limited cancelled the acquisition of Remining shares of Atlantic Lithium Limited (AIM:ALL) from Piedmont Lithium Inc. (ASX:PLL) and others for AUD 290 million.

New minor risk - Share price stability

Forecast to breakeven in 2026

Forecast breakeven date pushed back to 2026

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2023

Price target increased by 11% to AU$1.00

Price target increased by 12% to AU$1.07

Atlantic Lithium Limited Announces Approval Granted to Divert Transmission Lines At Ewoyaa

Minerals Income Investment Fund (MIIF) entered into a non-binding agreement to acquire 6% minority stake in Ewoyaa Lithium Project from Atlantic Lithium Limited for $27.9 million.

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Piedmont Lithium Inc. (ASX:PLL) acquired 22.5 stake in Ewoyaa Lithium Project from Atlantic Lithium Limited (AIM:ALL).

Head of Business Development recently bought AU$52k worth of stock

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Explored at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Definitive Feasibility Study for the Ewoyaa Lithium Project

Atlantic Lithium Limited Announces Resignation of Stuart Crow as Senior Non-Executive Director

Atlantic Lithium Limited Announces Board Appointments

Atlantic Lithium Limited Appoints Len Kolff as Head of Business Development & Chief Geologist

Executive Chairman recently bought AU$943k worth of stock

Minerals Income Investment Fund in Talks over Atlantic Lithium Investment

Atlantic Lithium Limited Announces Ewoyaa Mineral Resource Increases to 35.3Mt

Atlantic Lithium Limited Announces Final Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Board Changes

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project (Ewoyaa or the Project) in Ghana, West Africa

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2022

Atlantic Lithium Limited Appoints Keith Muller as New Chief Operating Officer

Atlantic Lithium Confirms High-Grade Mineralization, Completing Drilling Program for Ghana Project

Atlantic Lithium Limited Announces Ongoing High-Grade Lithium Intersections At Ewoyaa

Atlantic Lithium Limited Announces Executive Changes

Atlantic Lithium Limited Provides Prefeasibility Study for Piedmont's Ghana Project

Piedmont Lithium Partner Atlantic Lithium Completes Prefeasibility Study for Ghana Project

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake