Altair International Corp (ATAO)

Name: Altair International Corp Financial Statements
Creator: Quarter Results

Basic Materials | Industrial Materials

Latest reporting period: 2025-06-30

Latest Quarter

2025-06-30

Revenue

$7.4M

Net Income

-$1,000K

Operating Margin

-11.1%

Free Cash Flow

$561K

Debt / Assets

105.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Altair International Corp (ATAO).
Income Statement (Quarterly)	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Revenue	7,427,321	5,876,000	5,455,080	0
Cost of Revenue	7,205,857	5,729,000	4,317,875	0
Gross Profit	221,464	146,588	1,137,205	0
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	580,797	633,521	16,177	24,150
Operating Expenses	1,045,126	1,002,000	28,177	36,150
Operating Income	-823,662	-856,000	-28,177	-36,150
Interest Expense	307,989	306,521	2,888	2,998
Income Before Tax	-999,945	-1,224,000	-31,065	-39,148
Income Tax Expense	0	0	0	0
Net Income	-999,945	-1,224,000	-31,065	-39,148
Per Share
EPS	0.00	0.00	0.00	0.00
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Altair International Corp (ATAO).
Income Statement (Annual)	2025-03-31	2024-12-31	2024-03-31	2023-03-31	2022-03-31
Revenue	20,751,139	20,751,139	20,184,074	0	0
Cost of Revenue	18,356,827	18,356,827	17,028,590	0	0
Gross Profit	2,394,312	2,394,312	3,155,484	0	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	3,545,662	3,545,662	181,178	446,650	1,659,531
Operating Expenses	3,545,662	3,545,662	181,178	457,540	2,031,726
Operating Income	-1,151,350	-1,151,350	-181,178	-457,540	-2,031,726
Interest Expense	854,207	0	125,169	195,528	565,067
Income Before Tax	-2,191,235	-2,191,235	-398,885	-1,750,349	-2,470,514
Income Tax Expense	0	0	0	1,488,337	-126,279
Net Income	-2,191,235	-2,191,235	-398,885	-3,238,686	-2,344,235
Per Share
EPS	-0.01	-0.01	-0.02	-0.13	-0.10
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Altair International Corp (ATAO).
Balance Sheet (Quarterly)	2025-03-31	2024-12-31	2024-03-31	2023-03-31
Assets
Cash and Cash Equivalents	225,228	225,228	4,298	28,897
Short Term Investments	0	0	0	0
Net Receivables	532,042	532,042	0	0
Inventory	0	0	0	0
Total Current Assets	997,117	997,117	10,798	36,877
Property Plant Equipment	23,873,979	23,873,979	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	27,752,058	27,752,058	10,798	36,877
Liabilities
Account Payables	2,009,976	2,009,976	0	3,500
Short Term Debt	2,872,955	2,872,955	180,399	62,009
Total Current Liabilities	5,358,619	5,358,619	193,428	183,067
Long Term Debt	23,953,469	23,953,469	3,309,478	0
Total Liabilities	29,312,088	29,312,088	193,428	183,067
Shareholders Equity
Retained Earnings	-1,837,901	-1,837,901	-17,515,410	-17,116,525
Total Shareholders Equity	-1,560,030	-1,560,030	-182,630	-146,190

Balance sheet annual history for Altair International Corp (ATAO).
Balance Sheet (Annual)	2025-03-31	2024-12-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	225,228	225,228	4,298	28,897	20,917
Short Term Investments	0	0	0	0	0
Net Receivables	532,042	532,042	0	0	0
Inventory	0	0	0	0	0
Total Current Assets	997,117	997,117	10,798	36,877	290,917
Property Plant Equipment	23,873,979	23,873,979	0	0	0
Goodwill and Intangibles	0	0	0	0	0
Total Assets	27,752,058	27,752,058	10,798	36,877	290,917
Liabilities
Account Payables	2,009,976	2,009,976	0	3,500	0
Short Term Debt	2,872,955	2,872,955	180,399	62,009	105,258
Total Current Liabilities	5,358,619	5,358,619	193,428	183,067	275,466
Long Term Debt	23,953,469	23,953,469	3,309,478	0	0
Total Liabilities	29,312,088	29,312,088	193,428	183,067	275,466
Shareholders Equity
Retained Earnings	-1,837,901	-1,837,901	-17,515,410	-17,116,525	-15,366,176
Total Shareholders Equity	-1,560,030	-1,560,030	-182,630	-146,190	15,451

Cash flow quarterly history for Altair International Corp (ATAO).
Cash Flow Statement (Quarterly)	2024-12-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	-2,191,235	-398,885	-1,750,349	-2,470,514
Depreciation & Amortization	670,447	110,920	0	0
Stock Based Compensation	0	3,600	270,000	1,626,419
Change in Working Capital	3,047,267	74,728	56,659	44,704
Operating Cash Flow	3,089,157	-117,099	-142,020	-396,238
Investing Activities
Capital Expenditure	-2,528,554	0	0	0
Investments	-2,528,554	0	0	0
Investing Cash Flow	-928,554	0	0	0
Financing Activities
Debt Repayment	-2,105,246	92,500	-150,000	-300,000
Common Stock Issued/Repurchased	0	65,108	22,500	545,079
Dividends Paid	0	0	0	0
Financing Cash Flow	-2,065,246	92,500	150,000	295,000
Summary
Free Cash Flow	560,603	-117,099	-142,020	-396,238
Net Change in Cash	95,358	-24,599	7,980	-101,238

Cash flow annual history for Altair International Corp (ATAO).
Cash Flow Statement (Annual)	2024-12-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Operating Activities
Net Income	-2,191,235	-398,885	-1,750,349	-2,470,514	-11,994,524
Depreciation & Amortization	670,447	110,920	0	0	0
Stock Based Compensation	0	3,600	270,000	1,626,419	10,738,250
Change in Working Capital	3,047,267	74,728	56,659	44,704	41,292
Operating Cash Flow	3,089,157	-117,099	-142,020	-396,238	-342,361
Investing Activities
Capital Expenditure	-2,528,554	0	0	0	0
Investments	-2,528,554	0	0	0	0
Investing Cash Flow	-928,554	0	0	0	-75,000
Financing Activities
Debt Repayment	-2,105,246	92,500	-150,000	-300,000	-20,000
Common Stock Issued/Repurchased	0	65,108	22,500	545,079	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-2,065,246	92,500	150,000	295,000	539,490
Summary
Free Cash Flow	560,603	-117,099	-142,020	-396,238	-342,361
Net Change in Cash	95,358	-24,599	7,980	-101,238	122,129