Aterian PLC

Aterian PLC

LLSE:ATN
23.50
GBX
-0.50
(-2.08%)
419.01MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.01
- -
Basic EPS, GAAP
-0.08
-0.03
-0.14
-0.76
-0.1
-0.14
-0.15
- -
Free Cash Flow per Basic Share
-0.1
-0.1
-0.15
-0.14
-0.11
-0.1
-0.11
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.29
0.34
0.35
0.35
0.31
0.19
0.09
0.09
Tangible Book Value per Share
0.06
0.12
0.13
0.35
0.31
0.19
0.09
0.09
Basic Weighted Avg Shares
10
10
10
6
10
11
13
13
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
-3,826.19
-1,776.36
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
- -
-1
-4
-1
-2
-2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-3,850
-1,832.73
- -
Working Capital
- -
- -
- -
- -
- -
-1
-1
-1
LT Debt
- -
- -
- -
- -
- -
- -
1
1
Total Equity
3
3
3
3
3
2
1
1
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-9.19
-40.59
-129.54
-31.41
-56.42
-107.87
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
- -
1
LT Borrowings
- -
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
13
16
Market Capitalization
6
5
4

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
- -
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
2
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-13.57%
-38.46%
Free Cash Flow
- -
14.5%
24.8%
Net Income, GAAP
- -
121.7%
24.68%
Sales/Revenue/Turnover
- -
- -
161.9%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.1
2024
- -
- -
-0.14
2025
- -
- -
-0.15

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Simon John Rollason
Full Time Employees
16
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Eastcastle House London GL United Kingdom W1W 8DH
IPO Date
Oct 24, 2022
Business
Aterian plc is a London Stock Exchange-listed exploration and development company specializing in critical and strategic metals in Africa. It operates a diversified portfolio of mineral projects across Morocco, Rwanda, and Botswana, targeting metals including tin, tungsten, copper, silver, tantalum, niobium, and lithium brines. The company's Moroccan projects consist of multiple copper-silver and base metal assets such as AGDZ, Tata, Azrar, Jebilet Est, Jafra, and Akka projects. In Botswana, Aterian holds a 90% interest in Atlantis Metals, which controls seven mineral prospecting licenses in the Kalahari Copperbelt and three lithium brine exploration licenses in the Makgadikgadi Pans region. In Rwanda, Aterian has launched commercial trading of responsibly sourced tantalum-niobium concentrates, backed by a global trading partner network and supported by a $250,000 mezzanine loan facility to facilitate acquisitions of mineral concentrates. The company emphasizes ethical sourcing and compliance with international standards like ITSCI and OECD Due Diligence Guidance, positioning itself as a transparent supplier for end markets in electronics, aerospace, renewable energy, and automotive sectors. Founded in 2011, Aterian plc is headquartered in London, United Kingdom, and has about 21 employees. Recent major developments include the launch of expanded trading operations in Rwanda with its first consignment of tantalum-niobium concentrates, strengthened by strategic partnerships and funding rounds. In late 2025, Aterian completed a warrant exercise issuing new shares to support its growth initiatives. The company actively seeks to acquire and develop new critical metal resources to consolidate its asset base and support sustainable supply chains in critical minerals. Additionally, the broader Aterian platform includes portfolio companies such as Allentown, which completed the strategic acquisition of BetterBuilt, a North American vivarium equipment manufacturer, expanding offerings in biotech lab equipment under the private investment firm Aterian Investment Partners. The company’s strategic direction focuses on growth via acquisitions, commercial trading expansion, and supporting sectors crucial for the transition to renewable energy and low-carbon technologies across Africa and globally. Aterian operates in the mining and materials sector within the industrial metals subindustry, serving markets that demand reliable supplies of critical minerals essential for manufacturing and technology applications. Its key strategic focus is on aligning mineral exploration and development with ethical sourcing and sustainability standards to meet growing global demand for critical and strategic metals. The company continues to strengthen its portfolio through acquisitions, partnerships, and financial support aimed at bolstering production capabilities and market access in Africa’s mineral-rich regions.