Atlantic International Corp (NASDAQ: ATLN) is a staffing and workforce solutions company that places temporary and permanent workers across industrial, commercial, professional, and IT sectors. Revenue comes from billing client companies for temporary placement services and permanent placement fees, with cost of revenue representing wages paid to placed workers. The company operates primarily through two subsidiaries: Lyneer Staffing Solutions, a national industrial staffing operation serving food production, manufacturing, and logistics clients across the United States, and Circle8 Group, a European IT and technology staffing platform acquired on January 23, 2026, deploying approximately 16,000 professionals across eight offices in six European countries. Atlantic completed the merger with Lyneer on June 18, 2024, at which point it changed its name from SeqLL Inc. and adopted the ATLN ticker. Net service revenue was $435.9M for the year ended December 31, 2025, down 1.5% from $442.6M in the year ended December 31, 2024. Gross profit was $46.0M (10.6% gross margin) in FY2025. The company reported an operating loss of $50.2M in FY2025.
Products & Services
Temporary staffing and permanent placement services across commercial, professional, finance, managed service provider, food production, manufacturing, and logistics verticals (Lyneer, U.S.). IT and technology talent sourcing, deployment, and management for enterprises, technology companies, financial institutions, and public-sector organizations (Circle8, Europe). Onsite staffing operations where staffing company employees recruit, train, and manage temporary workers at client facilities.
Revenue Model
Transactional billing for temporary placement services (hours worked by placed workers billed to clients at a mark-up over worker wages) and permanent placement fees. Client contracts typically run one to two years with auto-renewal provisions but allow termination for convenience. Large national and multinational clients represent over 60% of Lyneer's revenue base (per the 10-K filed 2026-04-15).
Customers & Markets
Client mix includes small and medium-size businesses served through local and regional relationships, and large national and multinational clients that account for over 60% of Lyneer revenue (per 10-K filed 2026-04-15). End markets include food production, manufacturing, logistics, information technology, financial services, and public sector. Circle8 clients span enterprises, technology companies, financial institutions, and government organizations across Europe.
Geographic Exposure
United States (Lyneer, national footprint across multiple offices). Europe, specifically six countries across approximately eight offices (Circle8, acquired January 23, 2026).
Financial Snapshot
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