Atlas Corp. Files 6-K with Q2 2025 Financial Updates

TL;DR

Atlas Corp. dropped Q2 financials and updated risk factors on 8/13.

AI Summary

Atlas Corp. filed a Form 6-K on August 13, 2025, for the quarterly period ended June 30, 2025. The filing includes updated financial information for the three and six months ended June 30, 2025, and revisions to the Risk Factors previously disclosed in their Form 20-F filed on March 14, 2025.

Why It Matters

This filing provides investors with the latest financial performance data and any changes to the company's risk profile, crucial for assessing the current investment landscape.

Risk Assessment

Risk Level: medium — The filing explicitly mentions updates to Risk Factors, indicating potential changes or new risks that investors should be aware of.

Key Players & Entities

• Atlas Corp. (company) — Registrant
• June 30, 2025 (date) — Quarterly period end
• August 13, 2025 (date) — Filing date
• March 14, 2025 (date) — Date of prior Form 20-F filing

FAQ

Key Financial Figures

• $0.01 — Cumulative redeemable preferred shares, $0.01 par value 12,000,000 issued and outstan
• $0.50 — idends on preferred shares (Series D - $0.50 per share Series H - $0.49 per share
• $0.49 — (Series D - $0.50 per share Series H - $0.49 per share Series J - $0.44 per share)
• $0.44 — Series H - $0.49 per share Series J - $0.44 per share) — — — — — — — (10.5) — (10.5
• $1.00 — idends on preferred shares (Series D - $1.00 per share Series H - $0.98 per share
• $0.98 — (Series D - $1.00 per share Series H - $0.98 per share Series J - $0.88 per share)
• $0.88 — Series H - $0.98 per share Series J - $0.88 per share) — — — — — — — (22.7) — (22.7
• $5,250,000 — J Preferred Shares held by Fairfax were $5,250,000 and $10,500,000 , respectively (2024 –
• $10,500,000 — res held by Fairfax were $5,250,000 and $10,500,000 , respectively (2024 – $5,250,000 and $
• $12,000,000 — ded June 30, 2025, the Company received $12,000,000 and $12,000,000, respectively (2024 – $
• $42,500,000 — 0 and $12,000,000, respectively (2024 – $42,500,000 and $42,500,000 respectively) from Fair
• $210,300,000 — ONE for an aggregate purchase price of $210,300,000 (note 6). Both vessels were delivered i
• $171,390,000 — 25, the Company earned total revenue of $171,390,000 and $339,341,000 respectively (2024 – $
• $339,341,000 — arned total revenue of $171,390,000 and $339,341,000 respectively (2024 – $146,296,000 and $
• $146,296,000 — 0 and $339,341,000 respectively (2024 – $146,296,000 and $269,744,000, respectively) from ON

Filing Documents

• atlascorpq220256-k.htm (6-K) — 1204KB
• 0001628280-25-040200.txt ( ) — 1205KB

— Information Contained in this Form 6-K Report

Item 1 — Information Contained in this Form 6-K Report Exhibit I to this Report contains certain financial information of Atlas Corp., as of and for the three and six months ended June 30, 2025 and updates to the Risk Factors included in the Annual Report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission on March 14, 2025.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ATLAS CORP. Date August 13, 2025 By s Bing Chen Bing Chen Chief Executive Officer and Interim Chief Financial Officer (Principal Executive, Financial and Accounting Officer) EXHIBIT I ATLAS CORP. REPORT ON FORM 6-K FOR THE QUARTER ENDED JUNE 30, 2025 INDEX Interim Consolidated Financial Statements (Unaudited) 2

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 26 Risk Factor Update 38

Forward-Looking Statements 39

Forward-Looking Statements 39 Unless we otherwise specify, when used in this Report, (i) the terms "Atlas", the "Company", "we", "our" and "us" refer to Atlas Corp. and its subsidiaries, (ii) the term "Seaspan" refers to Seaspan Corporation and its subsidiaries and (iii) the term "APR Energy" refers to Apple Bidco Limited, its subsidiary APR Energy Limited, and APR Energy Limited's subsidiaries. 1

— INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

ITEM 1 — INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) ATLAS CORP. Interim Consolidated Balance Sheets (Unaudited) (Expressed in millions of United States dollars, except number of shares and par value amounts) June 30, 2025 December 31, 2024 Assets Current assets Cash and cash equivalents $ 1,497.1 $ 1,366.3 Accounts receivable 116.3 76.5 Inventories 36.2 35.2 Prepaid expenses and other 40.2 33.9 Assets held for sale (note 6) 12.6 89.7 Net investment in lease (note 5) 55.3 53.2 Current assets - discontinued operations (note 17) 78.9 81.9 1,836.6 1,736.7 Property, plant and equipment (note 6) 11,792.4 11,765.9 Vessels under construction (note 7) 661.9 605.4 Right-of-use assets (note 8) 239.5 480.3 Net investment in lease (note 5) 2,131.3 2,161.3 Goodwill 75.3 75.3 Derivative instruments (note 16(b)) 67.8 97.4 Other assets (note 9) 311.4 235.9 $ 17,116.2 $ 17,158.2 Liabilities and shareholders' equity Current liabilities Accounts payable and accrued liabilities 445.2 375.3 Deferred revenue 74.8 75.6 Long-term debt - current (note 10) 155.9 103.6 Operating lease liabilities - current 15.2 13.9 Finance lease liabilities - current (note 11) 173.5 409.4 Other financing arrangements - current (note 12) 494.4 491.7 Current liabilities - discontinued operations (note 17) 121.7 124.2 1,480.7 1,593.7 Long-term debt (note 10) 2,643.4 2,743.7 Operating lease liabilities 41.8 43.0 Other financing arrangements (note 12) 7,200.0 7,176.0 Other liabilities 361.1 398.2 Long term liabilities - discontinued operations (note 17) 3.0 3.1 Total liabilities 11,730.0 11,957.7 Cumulative redeemable preferred shares, $0.01 par value 12,000,000 issued and outstanding (2024 – 12,000,000) 296.9 296.9 Shareholders' equity Share capital (note 13) Preferred shares $0.01 par value 150,000,000 shares authorized (2024 – 150,000,000) 14,118,833 shares issued and outstanding (2024 – 14,118,833) Common shares $0.01 par value 400,000,000 shar

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View this 6-K filing on SEC EDGAR