Atlas Lithium Management
Management criteria checks 1/4
Atlas Lithium's CEO is Marc Fogassa, appointed in Dec 2012, has a tenure of 12.08 years. directly owns 30.61% of the company’s shares, worth $30.34M. The average tenure of the management team and the board of directors is 0.5 years and 3.2 years respectively.
Key information
Marc Fogassa
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 12.1yrs |
| CEO ownership | 30.6% |
| Management average tenure | less than a year |
| Board average tenure | 3.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$48m |
| Jun 30 2024 | n/a | n/a | -US$50m |
| Mar 31 2024 | n/a | n/a | -US$50m |
| Dec 31 2023 | US$3m | n/a | -US$41m |
| Sep 30 2023 | n/a | n/a | -US$27m |
| Jun 30 2023 | n/a | n/a | -US$17m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$1m | n/a | -US$5m |
| Sep 30 2022 | n/a | n/a | -US$3m |
| Jun 30 2022 | n/a | n/a | -US$3m |
| Mar 31 2022 | n/a | n/a | -US$3m |
| Dec 31 2021 | US$1m | n/a | -US$3m |
| Sep 30 2021 | n/a | n/a | -US$2m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$38k | US$38k | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$17k | US$17k | -US$2m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$2m |
| Dec 31 2018 | US$25k | US$25k | -US$2m |
Compensation vs Market: Marc's total compensation ($USD3.23M) is above average for companies of similar size in the US market ($USD643.82K).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
CEO
Marc Fogassa (57 yo)
12.1yrs
Tenure
US$3,229,593
Compensation
Dr. Marc Fogassa, M.D., is Founder, Chairman of the Board, Chief Executive Officer & CFO of Jupiter Gold Corporation. Dr. Fogassa has been the Chairman and Chief Executive Officer of Atlas Lithium Corporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.1yrs | US$3.23m | 30.61% $ 30.3m | |
| Vice President of Communications | less than a year | US$506.56k | 0.26% $ 262.6k | |
| CFO, Principal Accounting Officer & Treasurer | less than a year | no data | 0.0015% $ 1.5k | |
| Chief of ESG | 5yrs | no data | 0.11% $ 109.7k | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Head of Business Development for Asia | less than a year | no data | no data |
0.5yrs
Average Tenure
57yo
Average Age
Experienced Management: ATLX's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.1yrs | US$3.23m | 30.61% $ 30.3m | |
| Independent Director | 12.1yrs | US$374.36k | 2.47% $ 2.4m | |
| Independent Director | 3.1yrs | US$6.00k | 0.22% $ 220.6k | |
| Director | less than a year | no data | 0.0094% $ 9.3k | |
| Independent Director | 3.2yrs | US$6.00k | 0.0069% $ 6.9k |
3.2yrs
Average Tenure
57yo
Average Age
Experienced Board: ATLX's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 22:37 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Atlas Lithium Corporation is covered by 3 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 |
|---|---|
| Jacob Sekelsky | Alliance Global Partners |
| Heiko Ihle | H.C. Wainwright & Co. |
| Joseph Reagor | Roth Capital Partners |