ATN International (ATNI) AI Stock Analysis

• Market Cap: $340.01M
• Dividend Yield: 4.63%
• Average Volume (3M): 61.12K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: -3.10%
• EPS Growth: 66.00%
• Country: US
• Employees: 2,300
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): 0.18
• Shares Outstanding: 15,257,391
• 10 Day Avg. Volume: 68,793
• 30 Day Avg. Volume: 61,123
• PEG Ratio: -0.25
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 0.35
• P/FCF Ratio: 15.09
• Enterprise Value/Market Cap: 2.83
• Enterprise Value/Revenue: 1.33
• Enterprise Value/Gross Profit: 2.36
• Enterprise Value/Ebitda: 6.12
• 1Y Price Target: $39.00
• Price Target Upside: 75.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: $23.50 ▲(5.48% Upside)

ATN International's overall stock score reflects a combination of mixed financial performance and positive earnings call sentiment. Technical analysis indicates strong momentum, though caution is advised due to potential overbought conditions. The attractive dividend yield provides some valuation support despite a negative P/E ratio.

Positive Factors

Diversified services & underserved market focus

ATN's mix of mobile, broadband, infrastructure leasing and managed/cloud services reduces reliance on any single revenue stream. Its strategic focus on underserved regions supports more stable demand, pricing power and long-term customer retention versus highly contested urban markets.

Improving cash position and net debt

Rising cash and a reduced net debt ratio reflect disciplined capital allocation and de-leveraging progress, improving financial flexibility. This strengthens the company's ability to fund essential capex, service debt, and pursue selective investments without materially increasing refinancing or liquidity risk.

Adjusted EBITDA growth and margin expansion

Consistent EBITDA expansion indicates improving operational efficiency and successful shift to higher-margin services. Durable margin gains support cash flow generation and reinvestment capacity, making future profitability less dependent on cyclical revenue spikes and more on sustained cost and mix improvements.

Negative Factors

High leverage on the balance sheet

Significant leverage increases interest expense sensitivity and limits strategic flexibility. High debt loads constrain capital allocation, raise refinancing risks if rates rise or cash flow weakens, and reduce the firm's ability to absorb operational shocks or fund growth without further leverage adjustments.

Negative net profit margin and inconsistent revenue

Despite healthy gross margins, negative net margins imply elevated operating, depreciation or one-time charges eroding returns. Coupled with uneven top-line trends, this hampers sustainable earnings conversion, undermines ROE recovery, and necessitates sustained revenue and cost momentum to restore durable profitability.

Declining mobility revenues during transition

The strategic pivot away from legacy mobility services risks near-term revenue erosion if replacements take time to scale. If higher-margin services don't fully offset volume loss, the revenue mix shift could pressure growth, utilization of infrastructure assets, and timing of margin improvement.

ATN International Business Overview & Revenue Model

Company Description

ATN International, Inc., through its subsidiaries, provides telecommunications services. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data and voice; fixed, carrier, managed, and mobility services to customers in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands, as well as video services in Bermuda, the Cayman Islands, and the US Virgin Islands. This segment also offers mobile, data, and voice services to retail and business customers in Bermuda, Guyana, and US Virgin Islands under the One, GTT+, and Viya brands; roaming services; and handsets and accessories. The US Telecom segment provides carrier services, such as wholesale roaming services; fixed, mobility, carrier, and managed services to business and consumer; private network services to enterprise and consumer customers; and site maintenance services and international long-distance services, as well as leases critical network infrastructure, including towers and transport facilities. The Renewable Energy segment provides distributed generation solar power to commercial and industrial customers in India. As of December 31, 2021, it operated seven retail stores in the US Telecom segment and twenty-one retail stores in the International Telecom segment. The company was formerly known as Atlantic Tele-Network, Inc. and changed its name to ATN International, Inc. in June 2016. ATN International, Inc. was incorporated in 1987 and is headquartered in Beverly, Massachusetts.

How the Company Makes Money

ATN International generates revenue through multiple streams. The primary source of income comes from its telecommunications services, which include mobile voice and data plans, broadband internet services, and other related offerings to individual customers and businesses. Additionally, ATNI earns revenue from infrastructure leasing, where it rents out its telecommunications towers and networks to other service providers. The company may also benefit from partnerships with technology providers and content distributors, allowing it to offer bundled services and expand its market presence. Furthermore, investments in emerging technologies and markets contribute to its revenue by capitalizing on new opportunities in the telecommunications landscape.

ATN International Financial Statement Overview

Summary

ATN International's financial performance is mixed. Strong gross profit margins are overshadowed by negative net profit margins and high leverage. Revenue growth is inconsistent, and while cash flow management is stable, it is not robust. Improvements in profitability and debt reduction are needed.

Income Statement

ATN International shows a mixed performance in its income statement. The company has a strong gross profit margin, indicating efficient cost management. However, the net profit margin is negative, reflecting ongoing losses. Revenue growth is inconsistent, with a recent decline in annual revenue. EBIT and EBITDA margins are also weak, suggesting challenges in operational profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which could pose financial risks. Return on equity is negative, highlighting profitability challenges. The equity ratio is moderate, suggesting a balanced asset structure but with room for improvement in reducing debt levels.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow growth, which is a positive sign for liquidity. However, the operating cash flow to net income ratio is moderate, and the free cash flow to net income ratio indicates limited cash generation relative to earnings. Overall, cash flow management appears stable but could be improved.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	724.31M	729.08M	762.22M	725.75M	602.71M	455.44M
Gross Profit	408.26M	412.95M	432.15M	397.09M	317.33M	259.71M
EBITDA	157.08M	144.82M	169.41M	160.51M	97.43M	93.75M
Net Income	-8.04M	-26.43M	-14.54M	-5.64M	-22.11M	-14.12M
Balance Sheet
Total Assets	1.70B	1.73B	1.78B	1.71B	1.61B	1.08B
Cash, Cash Equivalents and Short-Term Investments	106.56M	73.69M	49.52M	54.96M	79.90M	103.92M
Total Debt	711.79M	695.25M	655.02M	566.02M	474.46M	136.28M
Total Liabilities	1.05B	1.06B	1.06B	938.57M	833.41M	329.38M
Stockholders Equity	452.31M	489.49M	541.07M	580.81M	601.25M	645.65M
Cash Flow
Free Cash Flow	42.55M	16.97M	-51.66M	-58.27M	-25.59M	5.53M
Operating Cash Flow	128.18M	127.92M	111.63M	102.91M	80.55M	86.28M
Investing Cash Flow	-103.53M	-103.75M	-165.11M	-167.25M	-426.58M	-70.20M
Financing Cash Flow	-21.77M	2.91M	55.92M	43.36M	321.73M	-73.37M

ATN International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATNI, the sentiment is Positive. The current price of 22.28 is below the 20-day moving average (MA) of 22.47, above the 50-day MA of 21.80, and above the 200-day MA of 17.29, indicating a neutral trend. The MACD of 0.30 indicates Positive momentum. The RSI at 50.40 is Neutral, neither overbought nor oversold. The STOCH value of 54.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATNI.

ATN International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RDCM	76 Outperform	$201.17M	19.44	10.54%	―	17.27%	39.41%
ATNI	63 Neutral	$340.01M	-25.25	-1.70%	4.63%	-3.10%	66.00%
SIFY	62 Neutral	$1.04B	―	―	―	5.81%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ATEX	59 Neutral	$522.38M	5.20	50.41%	―	5.67%	―
RBBN	50 Neutral	$476.82M	-10.94	-11.40%	―	7.38%	20.81%