ATN International Inc. (ATNI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
500 CUMMINGS CENTER BEVERLY, MA 01915 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 49,525 | 54,960 | 79,901 | 103,925 | 161,703 | 192,229 | |||
| Cash and cash equivalents | 49,225 | 54,660 | 79,601 | 103,925 | 161,287 | 191,836 | |||
| Short-term investments | 300 | 300 | 300 | 416 | 393 | ||||
| Restricted cash and investments | 12,942 | 5,068 | 1,096 | 1,072 | 1,071 | 1,071 | |||
| Receivables | 138,616 | 86,816 | 73,701 | 45,379 | 35,904 | 38,305 | |||
| Inventory, net of allowances, customer advances and progress billings | 19,133 | 17,902 | 10,177 | 5,504 | 5,253 | 6,305 | |||
| Inventory | 19,133 | 17,902 | 10,177 | 5,504 | 5,253 | 6,305 | |||
| Contract with customer, asset, after allowance for credit loss | 3,616 | 2,932 | 4,805 | 2,478 | 2,413 | 1,900 | |||
| Disposal group, including discontinued operation | 34,735 | ||||||||
| Other undisclosed current assets | 57,440 | 62,010 | 62,937 | 46,972 | 22,379 | 35,955 | |||
| Total current assets: | 281,272 | 229,688 | 232,617 | 240,065 | 228,723 | 275,765 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 99,335 | 108,702 | 118,843 | 63,235 | 68,763 | ✕ | |||
| Property, plant and equipment | 536,462 | 605,581 | 626,852 | ||||||
| Intangible assets, net (including goodwill) | 173,008 | 185,794 | 198,164 | 174,774 | 154,377 | 157,656 | |||
| Goodwill | 40,104 | 40,104 | 40,104 | 60,691 | 60,691 | 63,970 | |||
| Intangible assets, net (excluding goodwill) | 132,904 | 145,690 | 158,060 | 114,083 | 93,686 | 93,686 | |||
| Contract with customer, asset, after allowance for credit loss | 5,509 | 3,775 | 900 | 910 | 802 | ||||
| Other noncurrent assets | 103,764 | 81,025 | 76,119 | 63,262 | 65,841 | 37,708 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,949 | ||
| Other undisclosed noncurrent assets | 1,120,826 | 1,098,885 | 981,961 | 5,003 | 7,441 | 6,572 | |||
| Total noncurrent assets: | 1,502,442 | 1,478,181 | 1,375,987 | 843,646 | 902,003 | 831,539 | |||
| TOTAL ASSETS: | 1,783,714 | 1,707,869 | 1,608,604 | 1,083,711 | 1,130,726 | 1,107,304 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 182,069 | 155,224 | 151,463 | 96,205 | 74,093 | 80,873 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2,672 | 2,703 | 2,721 | 2,720 | ||
| Taxes payable | ✕ | ✕ | ✕ | 5,681 | 7,501 | 8,517 | 31,795 | ||
| Accrued liabilities | 14,577 | 10,645 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 167,492 | 144,579 | 143,110 | 86,001 | 62,855 | 46,358 | |||
| Deferred revenue | 30,990 | 27,284 | 25,332 | 18,544 | 15,044 | ✕ | |||
| Debt | 26,090 | 7,273 | 5,565 | 4,050 | 15,156 | 4,688 | |||
| Disposal group, including discontinued operation | 717 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 20,574 | ||
| Other undisclosed current liabilities | 54,045 | 43,399 | 38,584 | 28,412 | 15,376 | 34,515 | |||
| Total current liabilities: | 293,194 | 233,180 | 220,944 | 147,928 | 119,669 | 140,650 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 492,580 | 415,727 | 327,111 | 120,155 | 138,840 | 86,294 | |||
| Long-term debt, excluding current maturities | 492,580 | 415,727 | 327,111 | 69,073 | 82,676 | 86,294 | |||
| Liabilities, other than long-term debt | 158,341 | 239,613 | 244,884 | 61,292 | 66,134 | 57,036 | |||
| Deferred revenue | 64,035 | 72,543 | 81,391 | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,276 | ||
| Deferred income tax liabilities | 19,775 | 28,650 | 21,460 | 10,675 | 8,680 | ✕ | |||
| Other liabilities | 74,531 | 138,420 | 142,033 | 50,617 | 57,454 | 46,760 | |||
| Operating lease, liability | 51,082 | 56,164 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 115,879 | 50,051 | 40,476 | ||||||
| Total noncurrent liabilities: | 766,800 | 705,391 | 612,471 | 181,447 | 204,974 | 143,330 | |||
| Total liabilities: | 1,059,994 | 938,571 | 833,415 | 329,375 | 324,643 | 283,980 | |||
| Temporary equity, carrying amount | 85,917 | 92,469 | 72,936 | ||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 541,073 | 580,813 | 601,250 | 645,649 | 676,122 | 695,387 | |||
| Treasury stock, value | (90,447) | (73,825) | (71,714) | (59,456) | (51,129) | (48,547) | |||
| Additional paid in capital | 205,797 | 198,449 | 192,132 | 187,754 | 188,471 | 181,778 | |||
| Accumulated other comprehensive income (loss) | 8,268 | 6,210 | 4,773 | 278 | (3,282) | (1,609) | |||
| Retained earnings | 417,282 | 449,806 | 475,887 | 516,901 | 541,890 | 563,593 | |||
| Other undisclosed equity, attributable to parent | 173 | 173 | 172 | 172 | 172 | 172 | |||
| Equity, attributable to noncontrolling interest | 96,730 | 96,016 | 101,003 | 108,687 | 129,961 | 127,937 | |||
| Total equity: | 637,803 | 676,829 | 702,253 | 754,336 | 806,083 | 823,324 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,783,714 | 1,707,869 | 1,608,604 | 1,083,711 | 1,130,726 | 1,107,304 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 762,216 | 725,745 | 602,707 | 455,444 | 438,722 | 451,207 | ||
| Gross profit: | 762,216 | 725,745 | 602,707 | 455,444 | 438,722 | 451,207 | ||
| Operating expenses | (749,041) | (717,803) | (617,733) | (446,264) | (425,345) | (390,184) | ||
| Operating income (loss): | 13,175 | 7,942 | (15,026) | 9,180 | 13,377 | 61,023 | ||
| Nonoperating expense | (40,714) | (15,998) | (7,661) | (9,087) | (7,305) | (7,281) | ||
| Other nonoperating income (expense) | 1,496 | 4,245 | 1,821 | (4,161) | (4,558) | (1,119) | ||
| Interest and debt expense | (42,686) | (20,417) | (9,614) | (5,347) | (5,010) | (7,973) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (70,225) | (28,473) | (32,301) | (5,254) | 1,062 | 45,769 | ||
| Other undisclosed income from continuing operations before income taxes | 42,686 | 20,417 | 9,614 | 5,347 | 5,010 | 7,973 | ||
| Income (loss) from continuing operations before income taxes: | (27,539) | (8,056) | (22,687) | 93 | 6,072 | 53,742 | ||
| Income tax expense (benefit) | 8,785 | 473 | 1,878 | (801) | (4,105) | (18,870) | ||
| Income (loss) from continuing operations: | (18,754) | (7,583) | (20,809) | (708) | 1,967 | 34,872 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (20,809) | (708) | 1,967 | 34,872 | |
| Net income (loss): | (18,754) | (7,583) | (20,809) | (708) | 1,967 | 34,872 | ||
| Net income (loss) attributable to noncontrolling interest | 4,216 | 1,938 | (1,299) | (13,414) | (12,773) | (15,057) | ||
| Net income (loss) attributable to parent: | (14,538) | (5,645) | (22,108) | (14,122) | (10,806) | 19,815 | ||
| Preferred stock dividends and other adjustments | ||||||||
| Other undisclosed net income available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | (14,538) | (5,645) | (22,108) | (14,122) | (10,806) | 19,815 | ||
| Other undisclosed net loss available to common stockholders, diluted | (4,942) | (4,856) | (1,962) | |||||
| Net income (loss) available to common stockholders, diluted: | (19,480) | (10,501) | (24,070) | (14,122) | (10,806) | 19,815 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (18,754) | (7,583) | (20,809) | (708) | 1,967 | 34,872 | ||
| Other comprehensive income (loss) | 2,058 | 1,437 | 4,495 | 3,560 | (1,673) | (5,152) | ||
| Comprehensive income (loss): | (16,696) | (6,146) | (16,314) | 2,852 | 294 | 29,720 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 4,216 | 1,938 | (1,299) | (13,414) | (12,773) | (15,057) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (12,480) | (4,208) | (17,613) | (10,562) | (12,479) | 14,663 | ||
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.