Atlas Technical Consultants, Inc. (ATCX) Financial Statements (2025 and earlier)
Company Profile
Business Address |
13215 BEE CAVE PARKWAY, BUILDING B AUSTIN, TX 78738 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash, cash equivalents, and short-term investments | 10,697 | 14,062 | 96 | |||
Cash and cash equivalents | 10,697 | 14,062 | 96 | |||
Receivables | 151,286 | 138,172 | ||||
Prepaid expense | 5,061 | 5,874 | 320 | |||
Other current assets | 4,039 | 4,557 | ||||
Total current assets: | 171,083 | 162,665 | 415 | |||
Noncurrent Assets | ||||||
Property, plant and equipment | 13,757 | 14,134 | ||||
Intangible assets, net (including goodwill) | 231,662 | 195,009 | ||||
Goodwill | 124,348 | 109,001 | ||||
Intangible assets, net (excluding goodwill) | 107,314 | 86,008 | ||||
Asset, held-in-trust | 204,323 | |||||
Other noncurrent assets | 4,015 | 4,254 | ||||
Total noncurrent assets: | 249,434 | 213,397 | 204,323 | |||
TOTAL ASSETS: | 420,517 | 376,062 | 204,738 | |||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities, including: | 59,645 | 43,467 | 2,859 | |||
Taxes payable | ✕ | 613 | ||||
Accounts payable | 42,521 | 28,456 | ||||
Accrued liabilities | 17,124 | 15,011 | ||||
Other undisclosed accounts payable and accrued liabilities | 2,246 | |||||
Other liabilities | 26,489 | 12,036 | ||||
Other undisclosed current liabilities | 3,606 | 14,050 | 613 | |||
Total current liabilities: | 89,740 | 69,553 | 3,472 | |||
Noncurrent Liabilities | ||||||
Liabilities, other than long-term debt | 11,614 | 15,100 | ||||
Business combination, contingent consideration, liability | 11,614 | 15,100 | ||||
Other undisclosed noncurrent liabilities | 470,653 | 274,166 | 7,000 | |||
Total noncurrent liabilities: | 482,267 | 289,266 | 7,000 | |||
Total liabilities: | 572,007 | 358,819 | 10,472 | |||
Temporary equity, carrying amount | 189,266 | |||||
Equity | ||||||
Equity, attributable to parent, including: | (131,280) | (43,584) | 5,000 | |||
Common stock | 3 | 1 | ||||
Additional paid in capital | (102,692) | (37,382) | 5,059 | |||
Accumulated other comprehensive income | ||||||
Accumulated deficit | (28,591) | (6,203) | (60) | |||
Other undisclosed equity, attributable to parent | 1 | |||||
Equity, attributable to noncontrolling interest | (20,210) | (90,566) | ||||
Other undisclosed equity | 2 | |||||
Total equity: | (151,490) | (134,148) | 5,000 | |||
Other undisclosed liabilities and equity | 151,391 | |||||
TOTAL LIABILITIES AND EQUITY: | 420,517 | 376,062 | 204,738 |
Income Statement (P&L) ($ in thousands)
12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
---|---|---|---|---|---|
Revenues | 538,799 | 468,217 | |||
Cost of revenue | (284,002) | (245,714) | (3,713) | ||
Cost of goods and services sold | (23,679) | (26,057) | |||
Other undisclosed gross profit | |||||
Gross profit: | 254,797 | 222,503 | (3,713) | ||
Operating expenses | (227,161) | (224,759) | |||
Operating income (loss): | 27,636 | (2,256) | (3,713) | ||
Nonoperating income (Investment Income, Nonoperating) | 4,054 | ||||
Interest and debt expense | (54,817) | (24,673) | |||
Income (loss) from continuing operations before income taxes: | (27,181) | (26,929) | 341 | ||
Income tax expense | (2,524) | (718) | (689) | ||
Loss from continuing operations: | (29,705) | (27,647) | (347) | ||
Loss before gain (loss) on sale of properties: | ✕ | (29,705) | (27,647) | (347) | |
Net loss attributable to parent: | (29,705) | (27,647) | (347) | ||
Preferred stock dividends and other adjustments | (4,540) | (167,222) | |||
Net loss available to common stockholders, basic: | (34,245) | (194,869) | (347) | ||
Other undisclosed net income available to common stockholders, diluted | 11,857 | ||||
Net loss available to common stockholders, diluted: | (22,388) | (194,869) | (347) |
Comprehensive Income ($ in thousands)
12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
---|---|---|---|---|---|
Net loss: | (29,705) | (27,647) | (347) | ||
Other comprehensive income | |||||
Comprehensive income (loss): | (29,705) | (27,647) | (347) | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | |||||
Comprehensive income (loss), net of tax, attributable to parent: | (29,705) | (27,647) | (347) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.