Anterix Inc. (ATEX) 10-Year Financial Performance & Capital Metrics

ATEX • • Utilities

Communication ServicesTelecom ServicesSpecialized Communications InfrastructureSpectrum & Wireless Solutions

AboutAnterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.Show more

Revenue $6M +43.9%
EBITDA -$11M -20.3%
Net Income -$11M -24.6%
Free Cash Flow -$47M -292.4%
EBITDA Margin -185.14% +16.4%
Net Margin -188.56% +13.4%
ROE -7.16% -33.7%
Interest Coverage -
Debt/Equity 0.03 -32.5%
Net Debt/EBITDA -
CapEx / Revenue 1.44% -80.3%
CapEx Coverage -336.36 -345.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y6.64%

5Y30.99%

3Y77.2%

TTM5.67%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM355.89%

EPS CAGR

10Y-

5Y-

3Y-

TTM352.63%

ROCE

10Y Avg-12.34%

5Y Avg-9.93%

3Y Avg-4.58%

Latest-3.82%

Peer Comparison

Spectrum & Wireless Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PCLAPicoCELA Inc.	17.16M	0.23	-0.01	40.19%	-63.06%	-106.28%		1.57
ATEXAnterix Inc.	458.93M	24.52	-40.20	43.9%	16.14%	39.79%		0.03

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue+	3.54M	4.79M	6.36M	6.5M	1.56M	921K	1.08M	1.92M	4.19M	6.03M
Revenue Growth %	0.12%	0.35%	0.33%	0.02%	-0.76%	-0.41%	0.18%	0.77%	1.18%	0.44%
Cost of Revenue	3.47M	7.05M	7.9M	7.48M	2.83M	1.61M	5K	0	0	0
Gross Profit+	74.68K	-2.26M	-1.54M	-985K	-1.27M	-685K	1.08M	1.92M	4.19M	6.03M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-0.96%	-31.29%	0.32%	0.36%	-0.29%	0.46%	2.58%	0.78%	1.18%	0.44%
Operating Expenses+	22M	30.52M	30.18M	31.61M	36.26M	54.12M	37.93M	18.38M	14.31M	17.75M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	-21.37M	-30.54M	-28.87M	-39.88M	-33.94M	-51.28M	-35.4M	-15.04M	-9.28M	-11.17M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.52%	-0.43%	0.05%	-0.38%	0.15%	-0.51%	0.31%	0.58%	0.38%	-0.2%
Depreciation & Amortization+	556.32K	2.24M	2.86M	2.86M	3.59M	3.53M	1.45M	1.42M	844K	548K
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	-21.93M	-32.78M	-31.73M	-42.74M	-37.53M	-54.81M	-36.85M	-16.46M	-10.12M	-11.71M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.55%	-0.49%	0.03%	-0.35%	0.12%	-0.46%	0.33%	0.55%	0.39%	-0.16%
Interest Expense+	3.02K	5K	3K	0	0	0	0	0	0	0
Interest Coverage	-7251.91x	-6556.60x	-10575.33x	-	-	-	-	-	-	-
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	101.81K	95K	660K	1000K	1000K	499K	312K	1000K	1000K	1000K
Pretax Income+	-21.83M	-32.69M	-31.07M	-41.31M	-35.24M	-54.31M	-36.54M	-15.05M	-7.51M	-9.48M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	4.27K	6.5M	-438K	685K	2.4M	124K	983K	1.26M	1.61M	1.89M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	-21.83M	-39.19M	-30.63M	-41.99M	-37.64M	-54.43M	-37.52M	-16.32M	-9.13M	-11.37M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.48%	-0.8%	0.22%	-0.37%	0.1%	-0.45%	0.31%	0.57%	0.44%	-0.25%
EPS (Diluted)+	-1.54	-2.72	-2.12	-2.88	-2.29	-3.13	-2.07	-0.87	-0.49	-0.61
EPS Growth %	-0.05%	-0.77%	0.22%	-0.36%	0.2%	-0.37%	0.34%	0.58%	0.44%	-0.24%
EPS (Basic)	-1.54	-2.72	-2.12	-2.88	-2.29	-3.13	-2.07	-0.87	-0.49	-0.61
Diluted Shares Outstanding	14.16M	14.39M	14.45M	14.58M	16.42M	17.41M	18.14M	18.84M	18.77M	18.56M

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Assets+	274.05M	245.49M	220.34M	196.75M	267.4M	253.06M	287.98M	278.56M	324.89M	333.1M
Asset Growth %	0.2%	-0.1%	-0.1%	-0.11%	0.36%	-0.05%	0.14%	-0.03%	0.17%	0.03%
PP&E (Net)+	15.12M	14.51M	12.78M	9.83M	13.5M	8.67M	7M	6.98M	6.49M	6.13M
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	154.99M	125.72M	100.28M	78.35M	142.15M	121.05M	115.77M	59.46M	73.01M	60.76M
Cash & Equivalents	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	60.58M	47.37M
Receivables	528K	636K	935K	444K	61K	4K	238K	1000K	1000K	1000K
Inventory	93.2K	128K	173K	0	0	0	0	0	0	0
Other Current Assets	303	0	0	0	0	0	9.91M	2.44M	3.91M	3.35M
Long-Term Investments	0	-648K	-6.06M	-685K	39K	0	400K	0	7.55M	8.21M
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	103.88M	104.89M	106.8M	107.73M	111.53M	122.12M	151.17M	202.04M	216.74M	228.98M
Other Assets	60.07K	370K	486K	845K	180K	1.21M	3.71M	10.08M	21.1M	29.02M
Total Liabilities	11.86M	17.59M	17.87M	15.99M	22.33M	40.55M	101.68M	98.77M	163.86M	176.5M
Total Debt+	991.81K	497K	0	0	8.75M	7.07M	5.69M	4.65M	8.21M	5.39M
Net Debt	-152.47M	-123.59M	-98.32M	-76.72M	-128.71M	-110.47M	-99.94M	-38.53M	-52.36M	-41.98M
Long-Term Debt	497.26K	0	0	0	0	0	0	0	0	0
Short-Term Borrowings	0	497K	0	0	0	0	1000K	0	1000K	0
Capital Lease Obligations	0	0	0	0	8.75M	7.07M	4.18M	4.65M	5.3M	5.39M
Total Current Liabilities+	5.06M	4.72M	5.23M	8.84M	8.82M	8.62M	9.64M	31.9M	17.95M	27.2M
Accounts Payable	1.25M	670K	479K	743K	645K	500K	1.04M	755K	696K	1.13M
Accrued Expenses	2.53M	2.73M	2.34M	2.62M	5M	5.76M	4.73M	5.87M	5.02M	7.05M
Deferred Revenue	744.61K	789K	813K	792K	733K	737K	1.48M	2.77M	6.47M	6.09M
Other Current Liabilities	538.4K	36K	1.42M	4.68M	636K	0	872K	20.25M	52K	10.36M
Deferred Taxes	0	1000K	1000K	685K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	654.54K	1.34M	2.33M	3M	640K	20.88M	20.54M	513K	15.53M	15.46M
Total Equity+	262.19M	227.9M	202.47M	180.76M	245.07M	212.51M	186.3M	179.79M	161.03M	156.6M
Equity Growth %	0.22%	-0.13%	-0.11%	-0.11%	0.36%	-0.13%	-0.12%	-0.03%	-0.1%	-0.03%
Shareholders Equity	262.19M	227.9M	202.47M	180.76M	245.07M	212.51M	186.3M	179.79M	161.03M	156.6M
Minority Interest	0	0	0	0	0	0	0	0	0	0
Common Stock	1.44K	1K	1K	1K	2K	2K	2K	2K	2K	2K
Additional Paid-in Capital	325.67M	330.57M	335.77M	349.23M	450.98M	472.85M	500.13M	518.16M	533.2M	548.54M
Retained Earnings	-63.49M	-102.67M	-133.3M	-168.46M	-205.91M	-260.35M	-313.83M	-338.37M	-372.17M	-391.94M
Accumulated OCI	-1.4M	-3.59M	-5.47M	-7.95M	0	0	0	0	0	0
Return on Assets (ROA)	-0.09%	-0.15%	-0.13%	-0.2%	-0.16%	-0.21%	-0.14%	-0.06%	-0.03%	-0.03%
Return on Equity (ROE)	-0.09%	-0.16%	-0.14%	-0.22%	-0.18%	-0.24%	-0.19%	-0.09%	-0.05%	-0.07%
Debt / Equity	0.00x	0.00x	-	-	0.04x	0.03x	0.03x	0.03x	0.05x	0.03x
Debt / Assets	0%	0%	-	-	0.03%	0.03%	0.02%	0.02%	0.03%	0.02%
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Book Value per Share	18.52	15.84	14.01	12.4	14.92	12.2	10.27	9.54	8.58	8.44

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	-19.79M	-26.65M	-21.99M	-23.09M	-30.96M	-9.96M	17.91M	-27.25M	41.99M	-29.26M
Operating CF Growth %	-5.65%	-0.35%	0.17%	-0.05%	-0.34%	0.68%	2.8%	-2.52%	2.54%	-1.7%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	-21.83M	-39.19M	-30.63M	-41.99M	-37.64M	-54.43M	-37.52M	-16.32M	-9.13M	-11.37M
Depreciation & Amortization	556.32K	2.23M	2.85M	2.85M	3.59M	3.53M	1.45M	1.42M	844K	548K
Deferred Taxes	0	6.5M	-438K	685K	2.4M	124K	983K	1.25M	841K	325K
Other Non-Cash Items	8.93M	99K	122K	1.07M	313K	4.04M	-11.1M	-38.39M	-40.83M	-39.43M
Working Capital Changes	-3.49M	-1.03M	511K	4.01M	-5.45M	20.85M	50.48M	6.91M	74.76M	7.14M
Capital Expenditures+	-11.16M	-2.39M	-2.88M	-1.67M	-4.43M	-14.17M	-27.41M	-27.13M	-17.34M	-18.18M
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-11.16M	-2.39M	-2.88M	-1.67M	-4.43M	-14.17M	-27.41M	-27.13M	8.09M	22.75M
Acquisitions	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	-2.08M	-751K	-1.93M	-942K	0	-13.94M	-26.36M	0	8.4M	22.84M
Cash from Financing+	64.54M	-342K	-898K	3.16M	96.11M	4.22M	-2.42M	-8.06M	-25.14M	-6.59M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Dividend Payout Ratio %	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-297.2K	-495K	-497K	0	0	0	0	0	0	0
Stock Issued	64.79M	153K	267K	3.37M	94.24M	0	0	0	0	0
Share Repurchases	0	-143K	-668K	-209K	0	0	-14.96M	-8.22M	-24.68M	-8.4M
Other Financing	0	10K	-401K	3.16M	1.87M	4.22M	12.55M	-1.56M	-464K	1.81M
Net Change in Cash+	33.59M	-29.38M	-25.77M	-21.6M	60.73M	-19.91M	-11.91M	-62.44M	24.94M	-13.1M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	119.87M	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	68.12M
Cash at End	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	68.12M	55.02M
Free Cash Flow+	-30.95M	-29.04M	-24.87M	-24.75M	-35.38M	-24.13M	-9.5M	-54.38M	24.66M	-47.45M
FCF Growth %	0.67%	0.06%	0.14%	0%	-0.43%	0.32%	0.61%	-4.73%	1.45%	-2.92%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-9.16%	-15.99%	-14.23%	-21.92%	-17.68%	-23.79%	-18.82%	-8.91%	-5.36%	-7.16%
EBITDA Margin	-603.17%	-637.96%	-454.24%	-613.69%	-2170.2%	-5567.43%	-3265.5%	-783.79%	-221.38%	-185.14%
Interest Coverage	-7251.91x	-6556.60x	-10575.33x	-	-	-	-	-	-	-
CapEx / Revenue	314.87%	49.95%	45.33%	25.63%	282.99%	24.97%	97.14%	1413.76%	7.33%	1.44%
Debt / Equity	0.00x	0.00x	-	-	0.04x	0.03x	0.03x	0.03x	0.05x	0.03x
EPS Growth	-5.48%	-76.62%	22.06%	-35.85%	20.49%	-36.68%	33.87%	57.97%	43.68%	-24.49%

Revenue by Segment

	2015	2018	2019	2020	2021	2022	2023	2024	2025
Spectrum	-	-	729K	729K	729K	1.08M	1.92M	4.19M	6.03M
Spectrum Growth	-	-	-	0.00%	0.00%	48.70%	77.03%	118.39%	43.90%
Evergy	-	-	-	-	-	-	600K	966K	1.54M
Evergy Growth	-	-	-	-	-	-	-	61.00%	59.63%
Ameren	-	-	-	-	-	-	609K	609K	737K
Ameren Growth	-	-	-	-	-	-	-	0.00%	21.02%
Motorola	-	-	-	-	-	-	729K	729K	547K
Motorola Growth	-	-	-	-	-	-	-	0.00%	-24.97%
Service	-	4.8M	4.77M	835K	192K	-	-	-	-
Service Growth	-	-	-0.46%	-82.51%	-77.01%	-	-	-	-

Revenue by Geography

	2015	2018	2019	2020	2021	2022	2023	2024	2025
MEXICO	79.94K	-	-	-	-	-	-	-	-
MEXICO Growth	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Anterix Inc. (ATEX) reported $5.9M in revenue for fiscal year 2025. This represents a 115% increase from $2.8M in 2013.

Anterix Inc. (ATEX) grew revenue by 43.9% over the past year. This is strong growth.

Yes, Anterix Inc. (ATEX) is profitable, generating $95.6M in net income for fiscal year 2025 (-188.6% net margin).

Dividend & Returns

Anterix Inc. (ATEX) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.

Anterix Inc. (ATEX) generated $10.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Anterix Inc. (ATEX) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.

US Stock Screener

...

Anterix Inc. (ATEX) 10-Year Financial Performance & Capital Metrics

ATEX • • Utilities

Communication ServicesTelecom ServicesSpecialized Communications InfrastructureSpectrum & Wireless Solutions

Revenue $6M +43.9%
EBITDA -$11M -20.3%
Net Income -$11M -24.6%
Free Cash Flow -$47M -292.4%
EBITDA Margin -185.14% +16.4%
Net Margin -188.56% +13.4%
ROE -7.16% -33.7%
Interest Coverage -
Debt/Equity 0.03 -32.5%
Net Debt/EBITDA -
CapEx / Revenue 1.44% -80.3%
CapEx Coverage -336.36 -345.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y6.64%

5Y30.99%

3Y77.2%

TTM5.67%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM355.89%

EPS CAGR

10Y-

5Y-

3Y-

TTM352.63%

ROCE

10Y Avg-12.34%

5Y Avg-9.93%

3Y Avg-4.58%

Latest-3.82%

Peer Comparison

Spectrum & Wireless Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PCLAPicoCELA Inc.	17.16M	0.23	-0.01	40.19%	-63.06%	-106.28%		1.57
ATEXAnterix Inc.	458.93M	24.52	-40.20	43.9%	16.14%	39.79%		0.03

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue+	3.54M	4.79M	6.36M	6.5M	1.56M	921K	1.08M	1.92M	4.19M	6.03M
Revenue Growth %	0.12%	0.35%	0.33%	0.02%	-0.76%	-0.41%	0.18%	0.77%	1.18%	0.44%
Cost of Revenue	3.47M	7.05M	7.9M	7.48M	2.83M	1.61M	5K	0	0	0
Gross Profit+	74.68K	-2.26M	-1.54M	-985K	-1.27M	-685K	1.08M	1.92M	4.19M	6.03M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-0.96%	-31.29%	0.32%	0.36%	-0.29%	0.46%	2.58%	0.78%	1.18%	0.44%
Operating Expenses+	22M	30.52M	30.18M	31.61M	36.26M	54.12M	37.93M	18.38M	14.31M	17.75M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	-21.37M	-30.54M	-28.87M	-39.88M	-33.94M	-51.28M	-35.4M	-15.04M	-9.28M	-11.17M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.52%	-0.43%	0.05%	-0.38%	0.15%	-0.51%	0.31%	0.58%	0.38%	-0.2%
Depreciation & Amortization+	556.32K	2.24M	2.86M	2.86M	3.59M	3.53M	1.45M	1.42M	844K	548K
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	-21.93M	-32.78M	-31.73M	-42.74M	-37.53M	-54.81M	-36.85M	-16.46M	-10.12M	-11.71M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.55%	-0.49%	0.03%	-0.35%	0.12%	-0.46%	0.33%	0.55%	0.39%	-0.16%
Interest Expense+	3.02K	5K	3K	0	0	0	0	0	0	0
Interest Coverage	-7251.91x	-6556.60x	-10575.33x	-	-	-	-	-	-	-
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	101.81K	95K	660K	1000K	1000K	499K	312K	1000K	1000K	1000K
Pretax Income+	-21.83M	-32.69M	-31.07M	-41.31M	-35.24M	-54.31M	-36.54M	-15.05M	-7.51M	-9.48M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	4.27K	6.5M	-438K	685K	2.4M	124K	983K	1.26M	1.61M	1.89M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	-21.83M	-39.19M	-30.63M	-41.99M	-37.64M	-54.43M	-37.52M	-16.32M	-9.13M	-11.37M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.48%	-0.8%	0.22%	-0.37%	0.1%	-0.45%	0.31%	0.57%	0.44%	-0.25%
EPS (Diluted)+	-1.54	-2.72	-2.12	-2.88	-2.29	-3.13	-2.07	-0.87	-0.49	-0.61
EPS Growth %	-0.05%	-0.77%	0.22%	-0.36%	0.2%	-0.37%	0.34%	0.58%	0.44%	-0.24%
EPS (Basic)	-1.54	-2.72	-2.12	-2.88	-2.29	-3.13	-2.07	-0.87	-0.49	-0.61
Diluted Shares Outstanding	14.16M	14.39M	14.45M	14.58M	16.42M	17.41M	18.14M	18.84M	18.77M	18.56M

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Assets+	274.05M	245.49M	220.34M	196.75M	267.4M	253.06M	287.98M	278.56M	324.89M	333.1M
Asset Growth %	0.2%	-0.1%	-0.1%	-0.11%	0.36%	-0.05%	0.14%	-0.03%	0.17%	0.03%
PP&E (Net)+	15.12M	14.51M	12.78M	9.83M	13.5M	8.67M	7M	6.98M	6.49M	6.13M
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	154.99M	125.72M	100.28M	78.35M	142.15M	121.05M	115.77M	59.46M	73.01M	60.76M
Cash & Equivalents	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	60.58M	47.37M
Receivables	528K	636K	935K	444K	61K	4K	238K	1000K	1000K	1000K
Inventory	93.2K	128K	173K	0	0	0	0	0	0	0
Other Current Assets	303	0	0	0	0	0	9.91M	2.44M	3.91M	3.35M
Long-Term Investments	0	-648K	-6.06M	-685K	39K	0	400K	0	7.55M	8.21M
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	103.88M	104.89M	106.8M	107.73M	111.53M	122.12M	151.17M	202.04M	216.74M	228.98M
Other Assets	60.07K	370K	486K	845K	180K	1.21M	3.71M	10.08M	21.1M	29.02M
Total Liabilities	11.86M	17.59M	17.87M	15.99M	22.33M	40.55M	101.68M	98.77M	163.86M	176.5M
Total Debt+	991.81K	497K	0	0	8.75M	7.07M	5.69M	4.65M	8.21M	5.39M
Net Debt	-152.47M	-123.59M	-98.32M	-76.72M	-128.71M	-110.47M	-99.94M	-38.53M	-52.36M	-41.98M
Long-Term Debt	497.26K	0	0	0	0	0	0	0	0	0
Short-Term Borrowings	0	497K	0	0	0	0	1000K	0	1000K	0
Capital Lease Obligations	0	0	0	0	8.75M	7.07M	4.18M	4.65M	5.3M	5.39M
Total Current Liabilities+	5.06M	4.72M	5.23M	8.84M	8.82M	8.62M	9.64M	31.9M	17.95M	27.2M
Accounts Payable	1.25M	670K	479K	743K	645K	500K	1.04M	755K	696K	1.13M
Accrued Expenses	2.53M	2.73M	2.34M	2.62M	5M	5.76M	4.73M	5.87M	5.02M	7.05M
Deferred Revenue	744.61K	789K	813K	792K	733K	737K	1.48M	2.77M	6.47M	6.09M
Other Current Liabilities	538.4K	36K	1.42M	4.68M	636K	0	872K	20.25M	52K	10.36M
Deferred Taxes	0	1000K	1000K	685K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	654.54K	1.34M	2.33M	3M	640K	20.88M	20.54M	513K	15.53M	15.46M
Total Equity+	262.19M	227.9M	202.47M	180.76M	245.07M	212.51M	186.3M	179.79M	161.03M	156.6M
Equity Growth %	0.22%	-0.13%	-0.11%	-0.11%	0.36%	-0.13%	-0.12%	-0.03%	-0.1%	-0.03%
Shareholders Equity	262.19M	227.9M	202.47M	180.76M	245.07M	212.51M	186.3M	179.79M	161.03M	156.6M
Minority Interest	0	0	0	0	0	0	0	0	0	0
Common Stock	1.44K	1K	1K	1K	2K	2K	2K	2K	2K	2K
Additional Paid-in Capital	325.67M	330.57M	335.77M	349.23M	450.98M	472.85M	500.13M	518.16M	533.2M	548.54M
Retained Earnings	-63.49M	-102.67M	-133.3M	-168.46M	-205.91M	-260.35M	-313.83M	-338.37M	-372.17M	-391.94M
Accumulated OCI	-1.4M	-3.59M	-5.47M	-7.95M	0	0	0	0	0	0
Return on Assets (ROA)	-0.09%	-0.15%	-0.13%	-0.2%	-0.16%	-0.21%	-0.14%	-0.06%	-0.03%	-0.03%
Return on Equity (ROE)	-0.09%	-0.16%	-0.14%	-0.22%	-0.18%	-0.24%	-0.19%	-0.09%	-0.05%	-0.07%
Debt / Equity	0.00x	0.00x	-	-	0.04x	0.03x	0.03x	0.03x	0.05x	0.03x
Debt / Assets	0%	0%	-	-	0.03%	0.03%	0.02%	0.02%	0.03%	0.02%
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Book Value per Share	18.52	15.84	14.01	12.4	14.92	12.2	10.27	9.54	8.58	8.44

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	-19.79M	-26.65M	-21.99M	-23.09M	-30.96M	-9.96M	17.91M	-27.25M	41.99M	-29.26M
Operating CF Growth %	-5.65%	-0.35%	0.17%	-0.05%	-0.34%	0.68%	2.8%	-2.52%	2.54%	-1.7%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	-21.83M	-39.19M	-30.63M	-41.99M	-37.64M	-54.43M	-37.52M	-16.32M	-9.13M	-11.37M
Depreciation & Amortization	556.32K	2.23M	2.85M	2.85M	3.59M	3.53M	1.45M	1.42M	844K	548K
Deferred Taxes	0	6.5M	-438K	685K	2.4M	124K	983K	1.25M	841K	325K
Other Non-Cash Items	8.93M	99K	122K	1.07M	313K	4.04M	-11.1M	-38.39M	-40.83M	-39.43M
Working Capital Changes	-3.49M	-1.03M	511K	4.01M	-5.45M	20.85M	50.48M	6.91M	74.76M	7.14M
Capital Expenditures+	-11.16M	-2.39M	-2.88M	-1.67M	-4.43M	-14.17M	-27.41M	-27.13M	-17.34M	-18.18M
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-11.16M	-2.39M	-2.88M	-1.67M	-4.43M	-14.17M	-27.41M	-27.13M	8.09M	22.75M
Acquisitions	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	-2.08M	-751K	-1.93M	-942K	0	-13.94M	-26.36M	0	8.4M	22.84M
Cash from Financing+	64.54M	-342K	-898K	3.16M	96.11M	4.22M	-2.42M	-8.06M	-25.14M	-6.59M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Dividend Payout Ratio %	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-297.2K	-495K	-497K	0	0	0	0	0	0	0
Stock Issued	64.79M	153K	267K	3.37M	94.24M	0	0	0	0	0
Share Repurchases	0	-143K	-668K	-209K	0	0	-14.96M	-8.22M	-24.68M	-8.4M
Other Financing	0	10K	-401K	3.16M	1.87M	4.22M	12.55M	-1.56M	-464K	1.81M
Net Change in Cash+	33.59M	-29.38M	-25.77M	-21.6M	60.73M	-19.91M	-11.91M	-62.44M	24.94M	-13.1M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	119.87M	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	68.12M
Cash at End	153.46M	124.08M	98.32M	76.72M	137.45M	117.54M	105.62M	43.18M	68.12M	55.02M
Free Cash Flow+	-30.95M	-29.04M	-24.87M	-24.75M	-35.38M	-24.13M	-9.5M	-54.38M	24.66M	-47.45M
FCF Growth %	0.67%	0.06%	0.14%	0%	-0.43%	0.32%	0.61%	-4.73%	1.45%	-2.92%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-9.16%	-15.99%	-14.23%	-21.92%	-17.68%	-23.79%	-18.82%	-8.91%	-5.36%	-7.16%
EBITDA Margin	-603.17%	-637.96%	-454.24%	-613.69%	-2170.2%	-5567.43%	-3265.5%	-783.79%	-221.38%	-185.14%
Interest Coverage	-7251.91x	-6556.60x	-10575.33x	-	-	-	-	-	-	-
CapEx / Revenue	314.87%	49.95%	45.33%	25.63%	282.99%	24.97%	97.14%	1413.76%	7.33%	1.44%
Debt / Equity	0.00x	0.00x	-	-	0.04x	0.03x	0.03x	0.03x	0.05x	0.03x
EPS Growth	-5.48%	-76.62%	22.06%	-35.85%	20.49%	-36.68%	33.87%	57.97%	43.68%	-24.49%

Revenue by Segment

	2015	2018	2019	2020	2021	2022	2023	2024	2025
Spectrum	-	-	729K	729K	729K	1.08M	1.92M	4.19M	6.03M
Spectrum Growth	-	-	-	0.00%	0.00%	48.70%	77.03%	118.39%	43.90%
Evergy	-	-	-	-	-	-	600K	966K	1.54M
Evergy Growth	-	-	-	-	-	-	-	61.00%	59.63%
Ameren	-	-	-	-	-	-	609K	609K	737K
Ameren Growth	-	-	-	-	-	-	-	0.00%	21.02%
Motorola	-	-	-	-	-	-	729K	729K	547K
Motorola Growth	-	-	-	-	-	-	-	0.00%	-24.97%
Service	-	4.8M	4.77M	835K	192K	-	-	-	-
Service Growth	-	-	-0.46%	-82.51%	-77.01%	-	-	-	-

Revenue by Geography

	2015	2018	2019	2020	2021	2022	2023	2024	2025
MEXICO	79.94K	-	-	-	-	-	-	-	-
MEXICO Growth	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Anterix Inc. (ATEX) reported $5.9M in revenue for fiscal year 2025. This represents a 115% increase from $2.8M in 2013.

Anterix Inc. (ATEX) grew revenue by 43.9% over the past year. This is strong growth.

Yes, Anterix Inc. (ATEX) is profitable, generating $95.6M in net income for fiscal year 2025 (-188.6% net margin).

Dividend & Returns

Anterix Inc. (ATEX) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.

Anterix Inc. (ATEX) generated $10.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Anterix Inc. (ATEX) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.