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Aterian PLC (ATN) AI Stock Analysis
Aterian PLC
(LSE:ATN)
The score is primarily held down by weak financial performance—persistent losses, negative cash flow, and higher leverage—despite improving revenue. Technicals add additional pressure with the stock trading below all major moving averages and negative MACD. Valuation offers limited support because the company is still loss-making and no dividend yield is provided.
Aterian PLC (ATN) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 4.24M
- Dividend Yield
- ―
- Average Volume (3M)
- 67.99K
- Price to Earnings (P/E)
- -1.7
- Beta (1Y)
- 0.67
- Revenue Growth
- 2208.06%
- EPS Growth
- 13.00%
- Country
- UK
- Employees
- 19
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Aterian PLC Business Overview & Revenue Model
Company Description
Based in London, United Kingdom, and founded in 2011, Aterian plc is an African-focused entity specializing in the exploration and development of mineral resources. The company primarily seeks deposits of tin, tungsten, and tantalum. Its portfolio of...
How the Company Makes Money
Aterian PLC makes money primarily through (1) income and value creation from its portfolio companies and (2) gains realized when it exits or partially sells those investments. Revenue and cash generation are typically driven by the operating performa...
Aterian PLC Financial Statement Overview
Summary
Despite a sharp 2025 revenue rebound (~77%), fundamentals remain weak: gross profit is still negative (about -15% margin), operating and net results are deeply loss-making, operating cash flow and free cash flow remain materially negative, and leverage increased with debt rising to ~1.39m (debt-to-equity near 1.0). Positive equity (~1.4m) helps, but ongoing cash burn and value erosion dominate.
Income Statement
12Very NegativeBalance Sheet
32NegativeCash Flow
14Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.43M | 110.00K | 42.00K | 0 | 0 | 0 |
| Gross Profit | 521.00K | -16.00K | -24.00K | -16.00K | -22.00K | -2,000 |
| EBITDA | -1.62M | -1.93M | -1.53M | -992.00K | -4.35M | -1.35M |
| Net Income | -1.89M | -2.02M | -1.62M | -1.06M | -4.38M | -1.37M |
Balance Sheet | ||||||
| Total Assets | 4.87M | 4.28M | 3.70M | 4.21M | 4.09M | 3.78M |
| Cash, Cash Equivalents and Short-Term Investments | 131.00K | 126.00K | 64.00K | 73.00K | 110.00K | 196.00K |
| Total Debt | 1.20M | 1.39M | 666.00K | 225.00K | 151.00K | 158.00K |
| Total Liabilities | 3.04M | 2.86M | 1.39M | 793.00K | 747.00K | 355.00K |
| Stockholders Equity | 1.82M | 1.42M | 2.31M | 3.42M | 3.34M | 3.42M |
Cash Flow | ||||||
| Free Cash Flow | -2.03M | -1.46M | -1.26M | -1.19M | -819.00K | -1.44M |
| Operating Cash Flow | -2.02M | -1.46M | -1.14M | -1.18M | -809.00K | -1.20M |
| Investing Cash Flow | -65.00K | -57.00K | 112.00K | -5,000 | -118.00K | -243.00K |
| Financing Cash Flow | 2.17M | 1.58M | 1.02M | 1.13M | 841.00K | 1.59M |
Aterian PLC Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ATN, the sentiment is Negative. The current price of 21.50 is below the 20-day moving average (MA) of 23.38, below the 50-day MA of 24.32, and below the 200-day MA of 25.41, indicating a bearish trend. The MACD of -0.63 indicates Positive momentum. The RSI at 27.16 is Positive, neither overbought nor oversold. The STOCH value of 6.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ATN.
Aterian PLC Peers Comparison
Overall Rating
GB:PREM45Neutral
GB:TYM44Neutral
GB:IMC41Neutral- GB:ATN41Neutral
GB:FRG40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| GB:PREM | 45Neutral | GBP 3.13M | -0.02 | -110.77% | ― | ― | 62.50% |
| GB:TYM | 44Neutral | GBP 5.07M | -5.75 | -52.62% | ― | -11.10% | 50.00% |
| GB:IMC | 41Neutral | GBP 7.78M | -2.59 | -140.33% | ― | ― | ― |
| GB:ATN | 41Neutral | GBP 4.36M | -1.67 | -116.10% | ― | 2208.06% | 13.00% |
| GB:FRG | 40Underperform | GBP 4.76M | -1.43 | -34.27% | ― | ― | 12.90% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:ATN | Aterian PLC | 21.50 | -11.00 | -33.85% | |
| GB:PREM | Premier African Minerals | 0.01 | -0.09 | -88.57% | |
| GB:TYM | Tertiary Minerals | 0.06 | -0.01 | -14.93% | |
| GB:IMC | IMC Exploration Group Plc | 0.95 | 0.29 | 45.04% | |
| GB:FRG | Firering Strategic Minerals Plc | 0.72 | -1.06 | -59.27% |
Aterian PLC Corporate Events
Aterian’s Eastinco Launches Tungsten Trading Trial Backed by £180,000 Raise
PositiveAterian’s Rwandan subsidiary Eastinco Limited has launched a trial tungsten trading programme, marking a shift from its traditional focus on tantalum to a broader critical-minerals portfolio. The move taps Rwanda’s established tungsten se...
Aterian Updates Total Voting Rights After New Share Admission
NeutralAterian PLC has confirmed that its issued share capital now comprises 19,700,000 ordinary shares of £0.10 each, all carrying one voting right and with no shares held in treasury, setting the official denominator for shareholders’ disclosur...
Aterian Converts £50,000 of Loan Notes into New Equity
NeutralAterian Plc has approved the early conversion and redemption of £50,000 of its outstanding Convertible Loan Notes, issuing 200,000 new ordinary shares at a price of 25 pence per share to satisfy the conversion. The new shares, which rank equally...
Aterian cuts funding costs with CEO-backed capital package and Eastinco preference share issue
PositiveAterian plc has strengthened its balance sheet with a coordinated capital package, including a £150,000 unsecured convertible loan note from chief executive Simon Rollason and an underwritten issue of up to US$500,000 in redeemable preference sh...
Aterian launches AI-driven drone survey over key Botswana copper licences
PositiveAterian plc has launched a high-resolution drone magnetic survey over its priority copper exploration licences in Botswana’s Kalahari Copper Belt, marking the first AI-guided exploration programme under its strategic collaboration with technolo...
Aterian Identifies New Copper-Silver Targets at Agdz Project in Morocco
PositiveAterian PLC has defined multiple new copper-silver exploration targets at its wholly owned Agdz Project in Morocco, following an independent interpretation of high-resolution ground magnetic data that expanded the survey area by about 140%. The work...
Aterian’s Rwanda Trading Arm Delivers Q2 Profit Despite Tin and Tantalum Price Drop
PositiveAterian plc, an Africa-focused critical minerals explorer and trader listed on the LSE, operates its Eastinco trading platform in Rwanda to source tin and tantalum through fully traceable, responsibly managed supply chains. The Group is building a sc...
Aterian and Lithosquare Launch AI-Driven Exploration in Morocco and Botswana
PositiveAterian has begun field operations under its strategic joint venture with technology firm Lithosquare, moving from deal signing to active exploration across priority critical minerals projects in Morocco and Botswana. The partners have completed a te...
Aterian Confirms Total Voting Rights at 19.5 Million Shares
NeutralAterian Plc has confirmed that, as of 30 June 2026, its issued share capital comprises 19,500,000 ordinary shares of £0.10 each, with one voting right per share and no shares held in treasury. This sets the company’s total voting rights at...
Aterian Secures Shareholder Backing as All AGM Resolutions Pass
PositiveAterian Plc reported that all resolutions proposed at its 2026 Annual General Meeting were duly passed following a shareholder poll held earlier in the day. Voting on all 11 resolutions showed strong support, with only limited opposition on a small n...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 18, 2026