Latest news with #Atlas'
Yahoo
22-05-2025
- Business
- Yahoo
Atlas Air Worldwide Releases 2024 Sustainability Report
WHITE PLAINS, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. ('Atlas' or the 'Company'), the leading global provider of outsourced aviation logistics, today announced the release of its 2024 Sustainability Report. Atlas' sixth Sustainability Report provides details on the initiatives and programs that are helping move the Company forward on its sustainability journey. The progress described in the report is aligned with four key pillars in Atlas' sustainability strategy: Preserve Our Planet, Care for Our People, Maximize Social Impact and Grow Responsibly. "As the global leader in outsourced aviation logistics, we recognize our responsibility to Care for the World We Carry," said Michael Steen, Chief Executive Officer, Atlas Air Worldwide. "Our One Atlas strategy, which positions sustainability as both a business imperative and a competitive advantage, is central to how we deliver on our commitment. In 2024, we continued to embed sustainability across every part of our Company, from improving fleet efficiencies and reducing emissions, to elevating employee training and safety initiatives, to making a positive impact in the communities in which we operate and reinforcing our dedication to responsible business practices. This integrated approach is how we provide long-term value for our customers, build resilience for the future, and drive measurable impact across the global supply chain.' "We have set meaningful goals to reduce our emissions, which contributes directly to our customers' own sustainability targets," said Richard Broekman, Chief Commercial Officer and Head of Sustainability. "Last year, we modernized our fleet with eight new fuel-efficient widebody freighters, increased our use of sustainable aviation fuel (SAF), and created efficiencies in our operations – all are contributing to decarbonization in the aviation industry. This report provides an overview of a year marked by steady progress as we continued to lay the groundwork to advance our sustainability strategy in the years to come." Key highlights from the 2024 report include: Preserve Our Planet Strengthened strategy and implementation efforts by adding a Staff Vice President of Sustainability and a Sustainability Project Manager. Expanded our freighter fleet with three Boeing 747-8s, one 777, and four 747-400s—among the most capable and environmentally responsible widebody aircraft—offering up to 25% greater payload capacity and up to 16% lower fuel consumption compared to earlier models. Partnered with the Smart Freight Centre to support collaborative efforts aimed at advancing policies and practices that increase sustainable aviation fuel (SAF) production and affordability. Care for Our People Introduced the campaign, which engages employees to keep safety, security and compliance top of mind. Signed the IATA Safety Leadership Charter, demonstrating shared commitment to promoting a safety culture throughout the industry. Launched a series of events, workshops and digital learning opportunities to empower employees at all levels with transformative Leadership Principles, as well as an online Learning Hub platform. Ensured active employee engagement through various feedback channels, including engagement surveys, feedback loops, CEO Round Table discussions, Company-wide Town Halls and Human Resources Town Square discussions. Continued growing the Atlas Air Worldwide Women's Network (AAWWN), which provides mentorship, professional development and industry leadership. Maximize Social Impact Raised more than $330,000 to benefit K9s for Warriors, which provides trained service dogs to military veterans suffering from post-traumatic stress disorder (PTSD), traumatic brain injury and/or military sexual trauma. Awarded $50,000 in needs-based scholarships to the University of Alaska Anchorage for aspiring future pilots and maintenance technicians. Contributed to relief efforts in the aftermath of Hurricanes Milton and Helene. Spent nearly $1.9 million with small businesses and continued to develop policies and facilitate strategies to support veteran-owned, service-disabled veteran-owned, woman-owned and historically underutilized business regions. Grow Responsibly Advanced the growth and innovation of SAF throughout the industry in collaboration with the U.S. House of Representatives' bipartisan SAF Caucus and the Alaska Department of Transportation and Public Facilities. Continued to progress on reporting to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) by collaborating with industry partners to support program implementation and working with customers on carbon offset and SAF strategies. Enhanced our emission reporting transparency by disclosing Scope 2 greenhouse gas emissions and biogenic CO₂ emissions associated with the use of SAF. Received approval for Cybersecurity Implementation Plan from the Transportation Safety Administration (TSA) and the U.S. Department of Homeland Security. To learn more about Atlas Air Worldwide's sustainability efforts, view the 2024 Atlas Sustainability Report: Sustainability – Atlas Air Worldwide. About Atlas Air Worldwide Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world's largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. Contacts: Media: CorpCommunications@ in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
ATLAS OCEAN VOYAGES ANNOUNCES LIMITED-TIME MEMORIAL DAY SALE FEATURING OUR BEST OFFER OF THE YEAR
Save up to $14,000 and Receive Exclusive Perks on Select Expeditions Imagery may be downloaded here. FORT LAUDERDALE, Fla., May 20, 2025 /PRNewswire/ -- In recognition of Memorial Day, Atlas Ocean Voyages, is excited to announce its Memorial Day Sale, the most generous promotion of the year, offering extraordinary savings and added value for new bookings made by May 28, 2025. For one week only, guests can save up to an additional 30%— combinable with Bonus Savings – for a total value of up to $14,000 for an Adventure Oceanview Stateroom—on 36 select luxury expeditions to some of the most remote and awe-inspiring destinations on Earth. This exclusive offer invites travelers to explore the world freely, honoring those who have served. With fares starting at just $3,495, guests can experience an unforgettable journey with Atlas' signature all-inclusive luxury and immersive experiences. The Memorial Day Sale is also combinable with Atlas' Explorer's Choice complimentary amenity offer, allowing guests to further personalize their journey by selecting one of the following: Air Credit Savings of up to $2,000 per stateroom A Pre- or Post-Cruise Hotel or Land Package An Enhanced Unlimited Wi-Fi Package for seamless connectivity Memorial Day Sale is available across all staterooms and suites, with savings of up to $28,600 when booking a suite. Additional booking incentives include solo traveler supplements starting from just 125%. "Atlas Ocean Voyages was created for those who seek transformational travel and unforgettable experiences," said James Rodriguez, President and CEO of Atlas Ocean Voyages. "This Memorial Day Sale not only represents incredible value but also honors the freedom we celebrate by inviting our guests to explore the most captivating parts of the world in comfort and style." Highlighted expeditions include: World Navigator: Lisbon to Barcelona (10 nights) Departure: Sept 27, 2025 World Traveller: Ushuaia Roundtrip (11 nights) Departure: Dec. 17, 2025 World Navigator: Ushuaia to Buenos Aires (18 nights) Departure: Mar. 3, 2026 World Navigator: Tenerife to London (14 Nights) Departure: Apr. 17, 2026 Availability is limited, and this exclusive sale is valid for new bookings only made through May 28, 2025. Mention code "MILITARY" at time of booking to take advantage of this exclusive offer. Travel Advisors can also earn a $500 gift card for select expeditions sailing from June to October 2025. In honor of Travel Advisor Appreciation Month, Atlas Ocean Voyages is offering this limited-time deal for new bookings made by June 30, 2025. For information and reservations, call a travel advisor or or visit Follow Atlas on Facebook and Instagram: or About Atlas Ocean VoyagesAtlas Ocean Voyages offers expedition voyages to Antarctica, the Arctic, the Mediterranean, Northern Europe, South America and the Caribbean. Stylish and intimate expedition yachts featuring less than 100 suites and staterooms offering five-star comfort, from luxurious accommodations and an all-inclusive onboard experience to in-depth excursions. Fares include a Cultural Immersion tour, open bars aboard the ship, including craft beers, specialty coffees, and smoothies, L'OCCITANE bath amenities, an in-room coffee bar, prepaid gratuities, and complimentary emergency medical evacuation insurance. World Navigator was launched in 2021, World Traveller in 2022, and World Voyager joined the fleet in 2023. View original content to download multimedia: SOURCE Atlas Ocean Voyages Sign in to access your portfolio
Business Wire
05-05-2025
- Business
- Business Wire
Atlas Energy Solutions Announces First Quarter 2025 Results
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) ('Atlas' or the 'Company') today reported financial and operating results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total sales of $297.6 million Net income of $1.2 million (0% Net Income Margin) Adjusted EBITDA of $74.3 million (25% Adjusted EBITDA Margin) (1) Net cash used in operating activities of $7.5 million Adjusted Free Cash Flow of $58.8 million (20% Adjusted Free Cash Flow Margin) (1) Maintained quarterly dividend of $0.25 per share, payable May 22, 2025 Financial Summary . Three Months Ended March 31, 2025 March 31, 2024 December 31, 2024 (unaudited, in thousands, except percentages) Revenue $ 297,591 $ 192,667 $ 271,338 Net income $ 1,219 $ 26,787 $ 14,402 Net Income Margin 0 % 14 % 5 % Adjusted EBITDA $ 74,291 $ 75,543 $ 63,236 Adjusted EBITDA Margin 25 % 39 % 23 % Net cash provided by (used in) operating activities $ (7,450 ) $ 39,562 $ 70,853 Adjusted Free Cash Flow $ 58,758 $ 71,083 $ 47,934 Adjusted Free Cash Flow Margin 20 % 37 % 18 % Expand (1) Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin are non-GAAP financials measures. See Non-GAAP Financial Measures for a discussion of these measures and a reconciliation of these measures to our most directly comparable financial measures calculated and presented in accordance with GAAP. Expand John Turner, President & CEO, commented, 'The first quarter of 2025 was an exciting start to the year for Atlas with the acquisition of Moser Energy Systems and the start-up of the Dune Express. The acquisition of Moser provides Atlas with a compelling platform for future growth, and we are excited to scale the business and implement technologies to increase efficiencies for both our operations and our customers that we proudly serve. We continue to make significant progress in the ramp-up of the Dune Express and remain focused on reaching full effective utilization this year. While our first quarter results were impacted by higher operating costs tied to the start-up of the Dune Express, we are extremely proud of our team's strong operational execution this quarter.' 'With the heightened current uncertainty around the global economic outlook and commodity prices, we have seen some customers choose to defer development projects planned for the second quarter into the latter half of the year in order to better gauge what direction the market is headed. While we do not know ultimately what will transpire in the market, Atlas' ability to improve wellsite efficiencies and generate incremental savings for our customer base positions us well for whatever outcome we ultimately see.' First Quarter 2025 Financial Results First quarter 2025 total sales increased $26.3 million, or 9.7% when compared to the fourth quarter of 2024, to $297.6 million. Product sales increased $11.3 million, or 8.8% when compared to the fourth quarter of 2024, to $139.7 million. First quarter 2025 sales volumes increased to 5.7 million tons, or 11.8% when compared to the fourth quarter of 2024. Service sales increased $7.7 million, or 5.4% when compared to the fourth quarter of 2024, to $150.6 million. First quarter 2025 rental revenue was $7.3 million. First quarter 2025 cost of sales (excluding depreciation, depletion and accretion expense) ('cost of sales') increased by $15.1 million, or 7.9% when compared to the fourth quarter of 2024, to $206.1 million. The increase in our cost of sales was primarily driven by increased product and service sales. Selling, general and administrative expenses ('SG&A') for the first quarter of 2025 increased $8.9 million, or 34.9% when compared to the fourth quarter of 2024, to $34.4 million, primarily driven by $8.2 in acquisition-related and other transactions costs, along with $6.5 million in stock-based compensation. Net income for the first quarter of 2025 was $1.2 million, and Adjusted EBITDA for the first quarter of 2025 was $74.3 million. Liquidity, Capital Expenditures and Other As of March 31, 2025, the Company's total liquidity was $193.5 million, which was comprised of $68.7 million in cash and cash equivalents, $124.8 million of availability under the Company's 2023 ABL Credit Facility. Net cash used in investing activities was $228.5 million during the first quarter of 2025, driven largely by the cash component of the Moser acquisition, along with remaining costs associated with the construction of the Dune Express. Quarterly Cash Dividend On May 2, 2025, the Board of Directors of Atlas declared a dividend to common stockholders of $0.25 per share, or approximately $30.9 million in aggregate to shareholders. The dividend will be payable on May 22, 2025 to shareholders of record at the close of business on May 15, 2025. Future Guidance The Company is providing financial guidance for the second quarter of 2025. Guidance is based on current outlook and plans and is subject to a number of known and unknown uncertainties and risks and constitutes 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 as further described under the Cautionary Statement below. Actual results may differ materially from the guidance set forth below. For the second quarter of 2025, management expects sales volumes and Adjusted EBITDA to be relatively flat to up sequentially compared to first quarter levels. Conference Call Information The Company will host a conference call to discuss financial and operational results on Tuesday, May 6, 2025 at 9:00am Central Time (10:00am Eastern Time). Individuals wishing to participate in the conference call should dial (877) 407-4133. A live webcast will be available at Please access the webcast or dial in for the call at least 10 minutes ahead of the start time to ensure a proper connection. An archived version of the conference call will be available on the Company's website shortly after the conclusion of the call. The Company will also post an updated investor presentation titled 'Investor Presentation May 2025', in addition to a "May 2025 Growth Projects Update" video, at in the "Presentations' section under 'News & Events' tab on the Company's Investor Relations webpage prior to the conference call. About Atlas Energy Solutions Atlas Energy Solutions Inc. (NYSE: AESI) is a leading solutions provider to the energy industry. Atlas's portfolio of offerings includes oilfield logistics, distributed power systems, and the largest proppant supply network in the Permian Basin. With a focus on leveraging technology, automation, and remote operations to enhance efficiencies, Atlas is centered on core mission of improving human access to the hydrocarbons that power our lives and, by doing so, maximizing value creation for our shareholders. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). Statements that are predictive or prospective in nature, that depend upon or refer to future events or conditions or that include the words 'may,' 'assume,' 'forecast,' 'position,' 'strategy,' 'potential,' 'continue,' 'could,' 'will,' 'plan,' 'project,' 'budget,' 'predict,' 'pursue,' 'target,' 'seek,' 'objective,' 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate' and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Examples of forward-looking statements include, but are not limited to statements regarding: the anticipated financial performance of Atlas following the recent acquisition of Moser Energy Systems (the 'Moser Acquisition'), expected accretion to Adjusted EBITDA, expectations regarding the leverage and dividend profile and expectations of Atlas, our plans and expectations regarding our stock repurchase program; the expected synergies and efficiencies to be achieved as a result of the Moser Acquisition; expansion and growth of Atlas's business following the Moser Acquisition, our business strategy, industry, future operations and profitability, expected capital expenditures and the impact of such expenditures on our performance, statements about our financial position, production, revenues and losses, our capital programs, management changes, current and potential future long-term contracts and our future business and financial performance. Although forward-looking statements reflect our good faith beliefs at the time they are made, we caution you that these forward-looking statements are subject to a number of risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include but are not limited to: uncertainties as to whether the Moser Acquisition will achieve its anticipated benefits and projected synergies within the expected time period or at all; Atlas's ability to integrate Moser's operations in a successful manner and in the expected time period; unforeseen or unknown liabilities, future capital expenditures and potential litigation relating to the Moser Acquisition; unexpected future capital expenditures; our ability to successfully execute our stock repurchase program or implement future stock repurchase programs; commodity price volatility, including volatility stemming from the ongoing armed conflicts between Russia and Ukraine and Israel and Hamas; increasing hostilities and instability in the Middle East; adverse developments affecting the financial services industry; changes in tariffs, trade barriers, price and exchange controls and other regulatory requirements, including such changes that may be implemented by U.S. and foreign governments; our ability to complete growth projects, on time and on budget; the risk that stockholder litigation in connection with our recent corporate reorganization may result in significant costs of defense, indemnification and liability; changes in general economic, business and political conditions, including changes in the financial markets; transaction costs; actions of OPEC+ to set and maintain oil production levels; the level of production of crude oil, natural gas and other hydrocarbons and the resultant market prices of crude oil; inflation; environmental risks; operating risks; regulatory changes; lack of demand; market share growth; the uncertainty inherent in projecting future rates of reserves; production; cash flow; access to capital; the timing of development expenditures; the ability of our customers to meet their obligations to us; our ability to maintain effective internal controls; and other factors discussed or referenced in our filings made from time to time with the U.S. Securities and Exchange Commission ('SEC'), including those discussed under the heading 'Risk Factors' in our Annual Report on Form 10-K, filed with the SEC on February 25, 2025, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Atlas Energy Solutions Inc. Condensed Consolidated Statements of Cash Flows (unaudited, in thousands) Three Months Ended Operating activities: Net income $ 1,219 $ 26,787 $ 14,402 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation, depletion and accretion expense 38,264 18,007 31,342 Amortization of debt discount 1,109 407 1,038 Amortization of deferred financing costs 106 78 117 Amortization expense of acquired intangible assets 4,785 1,061 3,743 Stock-based compensation 6,518 4,206 6,420 Deferred income tax 1,379 7,521 4,569 Other (122 ) (5 ) 62 Changes in operating assets and liabilities: (60,708 ) (18,500 ) 9,160 Net cash provided by (used in) operating activities (7,450 ) 39,562 70,853 Investing activities: Purchases of property, plant and equipment (52,389 ) (95,486 ) (76,431 ) Acquisition, net of cash acquired (181,511 ) (142,233 ) (11,192 ) Proceeds from insurance recovery 5,398 — 4,700 Net cash used in investing activities (228,502 ) (237,719 ) (82,923 ) Financing Activities: Proceeds from equity offering, net of issuance costs 253,070 — — Proceeds from term loan borrowings 188,805 148,500 20,000 Principal payments on term loan borrowings (4,725 ) (1,381 ) (4,452 ) Payment on ABL credit facility (70,000 ) — — Payment on Deferred Cash Consideration Note (101,252 ) — — Payments under finance leases (959 ) (65 ) (851 ) Repayment of equipment finance notes (841 ) (216 ) (1,036 ) Dividends (30,435 ) (21,005 ) (26,451 ) Taxes withheld on vesting RSUs (595 ) — (2,067 ) Issuance costs associated with debt financing (146 ) (730 ) (6 ) Proceeds from ABL credit facility — 50,000 20,000 Net cash provided by financing activities 232,922 175,103 5,137 Net decrease in cash and cash equivalents (3,030 ) (23,054 ) (6,933 ) Cash and cash equivalents, beginning of period 71,704 210,174 78,637 Cash and cash equivalents, end of period $ 68,674 $ 187,120 $ 71,704 Expand Atlas Energy Solutions Inc. Condensed Consolidated Balance Sheets (in thousands) As of As of March 31, 2025 December 31, 2024 (unaudited) Assets Current assets: Cash and cash equivalents $ 68,674 $ 71,704 Accounts receivable, net 244,735 165,967 Inventories, prepaid expenses and other current assets 62,965 51,747 Total current assets 376,374 289,418 Property, plant and equipment, net 1,552,680 1,486,246 Right-of-use assets 21,285 18,666 Goodwill 136,290 68,999 Intangible assets 203,666 105,867 Other long-term assets 4,485 3,456 Total assets $ 2,294,780 $ 1,972,652 Liabilities and stockholders' equity Current liabilities: Accounts payable, including related parties 115,523 119,244 Accrued liabilities and other current liabilities 82,843 80,085 Current portion of long-term debt 33,656 43,736 Total current liabilities 232,022 243,065 Long-term debt, net of discount and deferred financing costs 493,531 466,989 Deferred tax liabilities 243,845 206,872 Other long-term liabilities 24,311 19,170 Total liabilities 993,709 936,096 Total stockholders' equity 1,301,071 1,036,556 Total liabilities and stockholders' equity $ 2,294,780 $ 1,972,652 Expand Non-GAAP Financial Measures Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Adjusted Free Cash Flow Conversion and Maintenance Capital Expenditures are non-GAAP supplemental financial measures used by our management and by external users of our financial statements such as investors, research analysts and others, in the case of Adjusted EBITDA, to assess our consolidated operating performance on a consistent basis across periods by removing the effects of development activities, provide views on capital resources available to organically fund growth projects and, in the case of Adjusted Free Cash Flow, assess the financial performance of our assets and their ability to sustain dividends or reinvest to organically fund growth projects over the long term without regard to financing methods, capital structure, or historical cost basis. These measures do not represent and should not be considered alternatives to, or more meaningful than, net income, income from operations, net cash provided by operating activities or any other measure of financial performance presented in accordance with GAAP as measures of our financial performance. Adjusted EBITDA and Adjusted Free Cash Flow have important limitations as analytical tools because they exclude some but not all items that affect net income, the most directly comparable GAAP financial measure. Our computation of Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Adjusted Free Cash Flow Conversion and Maintenance Capital Expenditures may differ from computations of similarly titled measures of other companies. Non-GAAP Measure Definitions: We define Adjusted EBITDA as net income before depreciation, depletion and accretion, amortization expense of acquired intangible assets, interest expense, income tax expense, stock and unit-based compensation, loss on extinguishment of debt, loss on disposal of assets, insurance recovery (gain), unrealized commodity derivative gain (loss), other acquisition related costs, and other non-recurring costs. Management believes Adjusted EBITDA is useful because it allows management to more effectively evaluate the Company's consolidated operating performance and compare the results of its operations from period to period and against our peers without regard to financing method or capital structure. We exclude the items listed above from net income in arriving at Adjusted EBITDA because these amounts can vary substantially from company to company within our industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. Certain prior period non-recurring costs of goods sold are now included as an add-back to adjusted EBITDA in order to conform to the current period presentation and to more accurately describe the Company's consolidated operating performance and results period over period. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by total sales. We define Adjusted Free Cash Flow as Adjusted EBITDA less Maintenance Capital Expenditures. Management believes that Adjusted Free Cash Flow is useful to investors as it provides a measure of the ability of our business to generate cash. We define Adjusted Free Cash Flow Margin as Adjusted Free Cash Flow divided by total sales. We define Adjusted Free Cash Flow Conversion as Adjusted Free Cash Flow divided by Adjusted EBITDA. We define Maintenance Capital Expenditures as capital expenditures excluding growth capital expenditures and reconstruction of previously incurred growth capital expenditures. Atlas Energy Solutions Inc. – Supplemental Information (unaudited, in thousands) Three Months Ended March 31, 2025 March 31, 2024 December 31, 2024 Net income $ 1,219 $ 26,787 $ 14,402 Depreciation, depletion and accretion expense 38,264 18,007 31,342 Amortization expense of acquired intangible assets 4,785 1,061 3,743 Interest expense 13,046 6,976 12,257 Income tax expense 2,293 7,935 4,420 EBITDA $ 59,607 $ 60,766 $ 66,164 Stock-based compensation 6,518 4,206 6,420 Insurance recovery (gain) (1) — — (10,098 ) Other non-recurring costs (2) 849 368 — Other acquisition related costs (3) 7,317 10,203 750 Adjusted EBITDA $ 74,291 $ 75,543 $ 63,236 Maintenance Capital Expenditures (4) $ 15,533 $ 4,460 $ 15,302 Adjusted Free Cash Flow $ 58,758 $ 71,083 $ 47,934 Expand Atlas Energy Solutions Inc. – Supplemental Information Reconciliation of Adjusted Free Cash Flow to Net Cash Provided by Operating Activities (unaudited, in thousands, except percentages) Three Months Ended March 31, 2025 March 31, 2024 December 31, 2024 Net cash provided by (used in) operating activities $ (7,450 ) $ 39,562 $ 70,853 Current income tax expense (benefit) (4) 914 414 (149 ) Change in operating assets and liabilities 60,708 18,500 (9,160 ) Cash interest expense (4) 11,831 6,491 11,102 Maintenance capital expenditures (4) (15,533 ) (4,460 ) (15,302 ) Other non-recurring costs (2) 849 368 — Other acquisition related costs (3) 7,317 10,203 750 Insurance recovery (gain) (1) — — (10,098 ) Other 122 5 (62 ) Adjusted Free Cash Flow $ 58,758 $ 71,083 $ 47,934 Adjusted EBITDA Margin 25 % 39 % 23 % Adjusted Free Cash Flow Margin 20 % 37 % 18 % Adjusted Free Cash Flow Conversion 79 % 94 % 76 % Expand (1) Represents insurance recovery (gain) deemed collectible and legally enforceable related to the fire at one of the Kermit plants. (2) Other non-recurring costs includes costs incurred during our 2025 Term Loan Credit Facility transaction, reorganization under a new public holding company (the 'Up-C Simplification'), temporary loadout, and other infrequent and unusual costs. (3) Represents transactions costs incurred in connection with acquisitions, including fees paid to finance, legal, accounting and other advisors, employee retention and benefit costs, and other operational and corporate costs. (4) A reconciliation of these items used to calculate Adjusted Free Cash Flow to comparable GAAP measures is included below. Expand (1) Positive working capital changes reflect capital expenditures in the current period that will be paid in a future period. Negative working capital changes reflect capital expenditures incurred in a prior period but paid during the period presented. In addition, this amount includes equipment assets acquired through debt. Expand Expand Expand
Time of India
28-04-2025
- Entertainment
- Time of India
Jennifer Lopez's $400 million net worth: A look at the opulent cars, lavish estates, earnings from albums, films and more
Jennifer Lopez , the stunning singer and actress, has been the definitive 'IT Girl' in Hollywood for decades, and no one has attempted to dethrone her. The artist who earns millions of dollars through her musical and acting career is one of a kind and is estimated to have a net worth of around $400 million. JLo's career has had a tumultuous ride, however, there was a time when she charted at being the No. 1 in both music and films. While her parents thought it was 'stupid' to pursue such a career as 'no Latinos did it before,' Jennifer proved them wrong with her prowess and skills. JLo's film career The actress started her career in the 90s, where she starred in a couple of Indie films but received her big break in the film industry through her lead role in the biopic 'Selena,' for which she was reportedly paid around $1 million, and the film grossed more than $100 million. Subsequently, Jennifer was paid around $15 million for her role in 'Monster-In-Law' (2003) and $16.5 million for 'Atlas' (2024), according to Celebrity Net Worth. With the films, she earned around $12 million a year for being a guest judge on ' American Idol .' Approximately, Jennifer Lopez is estimated to receive $10 million for her roles in the films. JLo's musical career The musical career of Lopez began with the sale of 8 million copies in the world! With a fantastic debut, Jennifer's album 'On the 6,' she additionally made 8 more albums, which in total are estimated to have sold around 75 million copies. The musical tours, 'Let's Get Loud' in 2001, earned more than $765,000 and 'All I Have' in 2016, earned around $101.9 million. Lopez performed in the NFL's halftime during Super Bowl with another Latina pop icon, Shakira , for $0. However, Lopez's streams soared by 335%, according to Cosmopolitan. JLo is an entrepreneur, too? JLo's fragrance franchise allegedly made more than $2 billion, according to WWD reports. Additionally, Lopez's beauty brand has been estimated to be worth around $75.4 million. JLo's real estate and car collection The queen deserves her lavish residences; well, she owns $97 million worth of real estate. Lopez bought her first house in 2000, worth $4.3 million in Los Angeles, and she sold it for $10.95 million in 2004, making a worthy profit. Since then, she has gambled around with lavish homes with luxurious amenities. However, her latest buy was a $60 million residence in May 2023, along with her ex-husband Ben Affleck , but they sold it in July 2024 during the separation. Previous to that purchase, she and Alex Rodriguez purchased a $32.5 million property in Star Island and a $23 million residence in Manhattan in 2020. With the opulent residences, Jennifer owns a lavish set of cars from luxurious brands, which in total are estimated to be around $1.5 million. The most expensive car owned by Lopez is around $1.2 million, and the least expensive car is around $17,000, according to Editorji. FAQs 1. What is the net worth of Jennifer Lopez? JLo's net worth is around $400 million, with early earnings of $40 million. 2. What is the average earnings of Jennifer per film? Approximately, Lopez earns $10 million per project. 3. How much is the most and least expensive car of Jennifer Lopez? Jennifer Lopez's most expensive car is around $1.2 million, and her least expensive car is around $17,000.
Fox News
09-04-2025
- Fox News
Humanoid robot breakdances its way into history
Boston Dynamics is at it again, wowing us with some seriously cool robotic moves. Their latest video of Atlas, their bipedal robot, has blown up online with its mind-blowing human-like movements, including breakdancing. These impressive moves are the result of a collaboration between Boston Dynamics and the Robotics and AI Institute. Breakdancing, including the famous "coffee grinder" move, is just one of the many impressive feats Atlas can perform. The robot now demonstrates an impressive range of movements that would make even the most seasoned breakdancers envious, such as crawling on all fours with surprising agility, executing forward rolls and cartwheels and performing handstands. It's clear that Atlas is no longer just a walking, talking machine. It's becoming a breakdancer. The secret behind Atlas' slick moves lies in the combination of reinforcement learning and motion capture technology. Human dancers perform movements while wearing motion capture suits, and this data is fed into Atlas' learning model. Through reinforcement learning, Atlas practices and refines these movements, allowing it to mimic human actions with uncanny accuracy. The result is a robot that can bust a move like a pro. The latest fully electric version of Atlas features impressive specifications. Standing at 4 feet 11 inches tall and weighing 196 pounds, this agile robot can reach a top speed of 5.6 mph (approximately 8.2 feet per second). Atlas boasts 28 degrees of freedom, allowing for complex movements and maneuvers. It's equipped with advanced lidar and stereo vision sensors for precise environmental awareness. Unlike its hydraulic predecessors, this version is powered by a fully electric system with all-electric actuators. At its core, Atlas runs on a custom control and computing system, enabling its remarkable performance and adaptability. This new generation of Atlas is stronger and more dexterous than its predecessors, with a broader range of motion that sometimes exceeds human capabilities. While Boston Dynamics doesn't publicly disclose the exact cost of Atlas, industry experts estimate that each unit costs between $500,000 to $1 million to produce as of 2025. This high price tag reflects the cutting-edge technology, advanced materials and countless hours of research and development that go into creating such a sophisticated robot. However, as with most technologies, the cost is expected to decrease over time as production scales up and technologies mature. It's worth noting that Atlas is primarily a research platform and is not currently available for commercial purchase. Instead, Boston Dynamics leases these robots to select partners for research and development purposes, with annual leasing costs estimated to be in the six-figure range. While watching a robot breakdance is undeniably cool, the implications of this technology go far beyond entertainment. The agility and adaptability demonstrated by Atlas could have significant real-world applications, such as emergency response and search and rescue operations or assisting in environments designed for humans. In fact, Atlas has been trialed in Hyundai Motor Group's vehicle factory since late 2024, potentially revolutionizing manufacturing processes. As we watch Atlas effortlessly spin and cartwheel, it's hard not to be amazed at how far robotics has come. From clunky, barely mobile machines to smooth operators that can outperform humans in certain tasks, the progress is nothing short of miraculous. While we may not see breakdancing robots on every street corner just yet, Atlas' latest performance gives us a glimpse into a future where the line between human and machine movement becomes increasingly blurred. Impressive or unsettling? How comfortable are you with robots moving this well? Let us know by writing us at For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Follow Kurt on his social channels: Answers to the most-asked CyberGuy questions: New from Kurt: Copyright 2025 All rights reserved.
