Atlas Corp.
atlascorporation.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2024 20-F, filed Mar 14, 2025. Its latest SEC filing is a 15-12G from Nov 10, 2025.
20-F for FY2024, filed Mar 14, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Leases containerships to major container liner companies.
20-F for FY2024, filed Mar 14, 2025
How Did They Make Money?
Container liner companies pay a fixed daily rate to use vessels under charters, generally in advance monthly or semi-monthly.
$2.3B
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20-F for FY2024, filed Mar 15, 2025
$2.3B ↗
Who Were Their Customers?
Major container liner companies charter vessels from Seaspan, mainly for long periods at fixed rates.
Did Revenues Turn Into Profits?
Yes. It kept 29 cents of every revenue dollar as net income in FY2024.
20-F for FY2024, filed Mar 15, 2025
How Were They Changing?
Grew. Revenue grew 62% in 4 years, from $1.4B in FY2020 to $2.3B in FY2024, about 13% a year.
Exited mobile power generation
The older report described containership leasing and mobile power generation; the latest says Atlas sold the mobile power assets, ended those operations, and reports vessel leasing as its sole segment.
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