Atlas Lithium Corporation

NasdaqCM:ATLX Stock Report

Market Cap: US$98.0m

Atlas Lithium Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Marc Fogassa

Chief executive officer

US$3.2m

Total compensation

CEO salary percentagen/a
CEO tenure12yrs
CEO ownership30.2%
Management average tenureless than a year
Board average tenure3.1yrs

Recent management updates

Recent updates

Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

Sep 04
Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

May 21
Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Marc Fogassa's remuneration changed compared to Atlas Lithium's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$48m

Jun 30 2024n/an/a

-US$50m

Mar 31 2024n/an/a

-US$50m

Dec 31 2023US$3mn/a

-US$41m

Sep 30 2023n/an/a

-US$27m

Jun 30 2023n/an/a

-US$16m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022US$1mn/a

-US$5m

Sep 30 2022n/an/a

-US$3m

Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

-US$3m

Dec 31 2021US$1mn/a

-US$3m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

-US$2m

Mar 31 2021n/an/a

-US$1m

Dec 31 2020US$38kUS$38k

-US$1m

Sep 30 2020n/an/a

-US$2m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$17kUS$17k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$25kUS$25k

-US$2m

Sep 30 2018n/an/a

-US$2m

Jun 30 2018n/an/a

-US$2m

Mar 31 2018n/an/a

-US$2m

Dec 31 2017US$14kUS$14k

-US$2m

Compensation vs Market: Marc's total compensation ($USD3.23M) is above average for companies of similar size in the US market ($USD653.16K).

Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.


CEO

Marc Fogassa (58 yo)

12yrs

Tenure

US$3,229,593

Compensation

Dr. Marc Fogassa, M.D. has been the Chairman and Chief Executive Officer of Atlas Lithium Corporation (formerly known as Brazil Minerals, Inc.) since December 2012 and serves as its President. Dr. Fogassa...


Leadership Team

NamePositionTenureCompensationOwnership
Marc Fogassa
Chairman12yrsUS$3.23m30.17%
$ 29.6m
Brian Bernier
Vice President of Communicationsless than a yearUS$506.56k0.26%
$ 259.7k
Tiago de Miranda
CFO, Principal Accounting Officer & Treasurerless than a yearno data0.0015%
$ 1.5k
Joel de Paiva Monteiro
Chief of ESG4.9yrsno data0.11%
$ 108.5k
Gary Guyton
Vice President of Investor Relationsless than a yearno datano data

0.4yrs

Average Tenure

57yo

Average Age

Experienced Management: ATLX's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marc Fogassa
Chairman12yrsUS$3.23m30.17%
$ 29.6m
Robert Roger Noriega
Independent Director12yrsUS$374.36k2.47%
$ 2.4m
Stephen Petersen
Independent Director3yrsUS$6.00k0.22%
$ 218.2k
Rodrigo Menck
Directorless than a yearno data0.0094%
$ 9.2k
Cassiopeia Olson
Independent Director3.1yrsUS$6.00k0.0069%
$ 6.8k

3.1yrs

Average Tenure

58yo

Average Age

Experienced Board: ATLX's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Jacob SekelskyAlliance Global Partners
Heiko IhleH.C. Wainwright & Co.
Joseph ReagorRoth MKM