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Antalpha Platform Holding Company (Class A) (ANTA) — RQD Stock Rating Cockpit

$1.71 +6.05% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $1.73

Antalpha Platform Holding Company (Class A) (ANTA) carries a Roarable Rating of D- (Sell) with 36/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • RED ALERT Cap $60.6M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ANTA stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Antalpha Platform Holding Company (Class A) (NASDAQ: ANTA) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 36/100 at a spot price of $1.71 (+6.05% 1D, market cap $60.6M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 3/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 7/20, and Executive Insider Alignment 6/20. Across 1097 tracked Financials issuers, ANTA ranks #969 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ANTA compare to AIB and SIEB in the Financials sector?
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Within the Financials sector (Investment Bankers/Brokers/Service), ANTA carries a Roarable D- (36/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 10.6%. By comparison, AIB (AIB Data Centers Inc.) holds a D- grade (43/100 RQD, P/E N/A, ROIC —, cap $74.5M) and SIEB (Siebert Financial Corp.) posts a D grade (47/100 RQD, P/E N/A, ROIC 6.2%, cap $79.0M). Among the 5-stock peer group, ANTA leads on earnings multiple (N/A) while ANTA leads on capital efficiency (10.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for ANTA?
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Per ANTA's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002044255), Antalpha Platform Holding Company (Class A) generated $79.7M in revenue (+67.9% YoY), $24.4M in net income, and -$4.2M in free cash flow against $2.41B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $1.73 (+0.90%)🧬 Dilution Drag (+1.64% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 0% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (36/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-8.3% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERRED ALERT • D-
025507510036
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D
Cash (7)Whales (3)SEC (13)Macro (7)CEO (6)
Each axis scored 0–20
12M PRICE TARGET CONE-9.9% Base Target
$13 Bull$2 Base$1 Bear
📬 FREE ANTA RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ANTA)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (36/100 Composite)
🔍 WHY ANTA SCORES 36/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (36% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 4/9

▲ #2 Bullish Driver: Cash Engine Quality+7/20 pts (19% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
44
Grade D$2.46-21.5% Next Q
Q2 (-2Q)
41
Grade D$1.93-13.5% Next Q
Q3 (-1Q)
39
Grade E$1.67+2.4% Next Q
Current
36
Grade D-$1.71-8.3% Hist 90D α
Trajectory: D (44) → D- (36)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a ANTA Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While ANTA currently carries a cautious 36/100 (D-) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($2.77) and Max Pain ($1.80) forces dealer call-delta covering toward $12.79.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.64% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ANTA• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “ANTA Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
RSI-14 MOMENTUMNEUTRAL RANGE
33.530 Oversold · 70 Hot
ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)
3.80>3.0 Fortress Safe
PIOTROSKI F-SCOREWEAK QUALITY (1–4)
4 / 99-Pt Accounting
52-WEEK LASER RANGE2% OF RANGE
L: $2$1.71H: $12
1. Money & Cash Health● WEAK
Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: D-RQD 7 / 20
2. Big Money & Insiders● TRIMMING
Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: ERQD 9 / 40
3. Hidden Risks & Market Weather● WARNING
SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 20 / 40
MULTI-MODEL JEV QUANT JURY DELIBERATION

2-of-3 JEV AI Jury Bearish Warning on ANTA

Cash & Moat Bull AI
ROIC & Free Cash Flow Model
BEARISH (35)

10.6% ROIC with 42.0% gross margin and -6.37% FCF yield.

SEC Forensic Auditor AI
10-K Accruals & Altman-Z Guard
NEUTRAL (65)

Altman-Z 4.20 and Piotroski 4/9 pass balance-sheet audit.

Whale & Macro Hawk AI
Options Skew, 13F & Fed NetLiq
BEARISH (27)

9/40 institutional & smart-money positioning score with 7/20 macro alignment.

Bull Case: Why Buyers Like ANTA
  • ✓Established market leader in Financials with deep daily trading liquidity.
Bear Case: What Could Go Wrong
  • !Company executives have done more routine share selling than personal cash buying lately.
  • !Sensitive to high interest rates and tighter Federal Reserve market liquidity.
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring ANTA)

  • ✓Walkthrough of ANTA's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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ANTA // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -80.12%🛡️ HOLDING TREND SUPPORT
2026-11-03O $1.76H $1.76L $1.61C $1.71VOL 24.0K
RES: $2.86SUP: $1.40SMA50: $2.77SMA200: $6.00
$10.80$8.31$5.81$3.32$0.83RES $2.86SUP $1.40$1.712026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ANTA Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle
-14.8%/yr Implied 5Y Growth

vs. +67.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on ANTA today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ANTA. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for ANTA today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ANTA)

Financials Rank #969 of 1097 ⚔️ AIB vs ANTA Full Matrix →

1. Head-to-Head Financials Peer Comparison (ANTA vs. AIB, SIEB, USIO, EVF)

Industry: Investment Bankers/Brokers/Service (64 Tracked Issuers)

Across 1097 tracked Financials securities in the Roarable RQD universe, Antalpha Platform Holding Company (Class A) (ANTA) ranks #969 by composite RQD confidence (36/100, grade D-) and #1005 by equity capitalization ($60.6M). Within this direct 5-issuer industry benchmark cohort, ANTA leads on earnings valuation at N/A trailing P/E, while ANTA leads on capital efficiency and profitability with 10.6% ROIC and — gross margin. SIEB currently holds the highest overall quantitative score in the immediate peer group at 47/100 (D) compared with ANTA at 36/100 (D-).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
ANTA ACTIVE
Antalpha Platform Holding Company (Class A)
D- 36/100 — — 10.6% +6.05% $60.6M Benchmark Subject
AIB
AIB Data Centers Inc.
D- 43/100 — — — -13.25% $74.5M /aib-vs-anta →
SIEB
Siebert Financial Corp.
D 47/100 — — 6.2% +5.35% $79.0M /sieb-vs-anta →
USIO
Usio Inc.
D 46/100 — — -16.1% -3.08% $83.2M /usio-vs-anta →
EVF
Eaton Vance Senior Income Trust
D 45/100 — — — +0.41% $84.9M /evf-vs-anta →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0002044255 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Antalpha Platform Holding Company (Class A) (ANTA) reported GAAP revenue of $79.7M (+67.9% vs. FY2024 revenue of $47.5M , and +606.8% cumulative change since FY2023) , GAAP net income of $24.4M, operating cash flow of -$3.8M, and free cash flow of -$4.2M (+64.4% YoY). On the balance sheet, ANTA closed FY2025 with $2.41B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $79.7M $24.4M -$3.8M -$4.2M $2.41B —
FY2024 (FY) 2024-12-31 $47.5M $4.4M -$11.7M -$11.9M $1.25B —
FY2023 (FY) 2023-12-31 $11.3M -$6.6M -$12.2M -$12.2M — —

3. ANTA Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ANTA stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Antalpha Platform Holding Company (Class A) (NASDAQ: ANTA) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 36/100 at a spot price of $1.71 (+6.05% 1D, market cap $60.6M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 3/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 7/20, and Executive Insider Alignment 6/20. Across 1097 tracked Financials issuers, ANTA ranks #969 in composite RQD confidence.

How does ANTA compare to AIB and SIEB in the Financials sector?

Within the Financials sector (Investment Bankers/Brokers/Service), ANTA carries a Roarable D- (36/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 10.6%. By comparison, AIB (AIB Data Centers Inc.) holds a D- grade (43/100 RQD, P/E N/A, ROIC —, cap $74.5M) and SIEB (Siebert Financial Corp.) posts a D grade (47/100 RQD, P/E N/A, ROIC 6.2%, cap $79.0M). Among the 5-stock peer group, ANTA leads on earnings multiple (N/A) while ANTA leads on capital efficiency (10.6% ROIC).

What are the biggest fundamental strengths and SEC risk factors for ANTA?

Per ANTA's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002044255), Antalpha Platform Holding Company (Class A) generated $79.7M in revenue (+67.9% YoY), $24.4M in net income, and -$4.2M in free cash flow against $2.41B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

Where is ANTA trading relative to its 50-day, 200-day, and 52-week technical levels?

ANTA last traded at $1.71 (+6.05% on volume of 3,307 shares), positioning the stock -38.27% below its 50-day simple moving average ($2.77) and -71.50% below its 200-day simple moving average ($6.00). Across its 52-week range of $1.60 to $12.18, ANTA sits at the 1.0% percentile with a 14-day RSI of 33.5 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($1.50 to $1.92).

ROARABLE RATING BRIEF • RQD 36/100 (D-) ✓ SEC XBRL & RQD VERIFIED

ANTA — Antalpha Platform Holding Company (Class A): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Antalpha Platform Holding Company (Class A) (ANTA) earns a live Roarable RQD composite score of 36/100, corresponding to a D- letter grade (Roarable Sell) at a spot price of $1.71 (+6.05% 1D, market capitalization $60.6M).

  • Fundamental Cash Engine (7/20): Anchored by return on invested capital (ROIC) of 10.6%, gross margin of —, operating margin of 18.8%, and free cash flow yield of -6.37%.
  • Whale 13F & Options Flow (3/20) + Insider Conviction (6/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (7/20) + Forensic Balance Sheet (13/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 4/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Antalpha Platform Holding Company (Class A) (ANTA) is a NASDAQ-listed operating company in the Investment Bankers/Brokers/Service industry (Financials sector) with an equity market capitalization of $60.6M. The business operates with a gross margin of 0%, an operating margin of 18.8%, and a return on invested capital (ROIC) of 10.6% (free cash flow yield of -6.37%). Within the Investment Bankers/Brokers/Service peer group, investor evaluation centers on operating leverage, unit margin durability, and capital allocation efficiency across market cycles.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Antalpha Platform Holding Company (Class A) (ANTA) reported $79.7M in annual revenue (up from $47.5M in FY2024, +67.9% YoY) and $24.4M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($11.3M revenue, -$6.6M net income) through FY2025, ANTA scaled operating cash flow to -$3.8M and free cash flow to -$4.2M, backed by $2.41B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (D- • RQD 36/100): Established market leader in Financials with deep daily trading liquidity. Free cash flow yield of -6.37% and institutional whale pillar of 3/20. With Fundamental Cash Engine at 7/20 and Institutional Whale Flow at 3/20, sustained execution supports upside toward the upper end of the $1.60 – $12.18 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation and 3.8x EV/EBITDA against 18.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

An investor should note that without mapped dependencies, the second-order ripple effects of brokerage or banking-sector cycles on ANTA cannot be assessed from this source set.

  • Key Question #1: Can ANTA sustain or expand its 18.8% operating margin and 10.6% ROIC against Investment Bankers/Brokers/Service peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $79.7M and free cash flow of -$4.2M, how will capital allocation balance growth reinvestment against $0 in total debt?
  • Key Question #3: How sensitive is ANTA's equity valuation to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

ANTA Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Antalpha Platform Holding Company (Class A) (ANTA) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ANTA Debate Forum (3) ↓
🟡 MARKET WIRE Yahoo Finance • 76d ago
Antalpha Platform Q2 Earnings Call Highlights

Antalpha Platform (NASDAQ:ANTA) reported second-quarter revenue of $12.2 million, down 28% from $17 million a year earlier, as the company cited a more measured financing environment across the digital-asset sector and c

Read Full Source ↗
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ANTA Bull vs. Bear Conversation Board — What's Your Call at $1.71?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ANTA 🐻 33% BEARISH CONVICTION
1. Pick Your Side on ANTA:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
TA TapeReader_Pro RQD DEBATE OPENER • Price Action & Volume Trader 🐂 BULLISH 🎯 Target: $1.90 (+18.0%)
📌 Pinned Debate

Revenue expanded from $11.3M to $79.7M and FY 2025 operating income reached $15.0M while EV/EBITDA sits at just 3.8.

Here is why I am bullish on ANTA here at $1.61: Revenue expanded from $11.3M to $79.7M and FY 2025 operating income reached $15.0M while EV/EBITDA sits at just 3.8.. Compare ANTA's 18.8% operating margin and 10.6% ROIC against the rest of Investment Bankers/Brokers/Service. As long as cash conversion holds up, dips toward $1.53 are getting bought.

EarningsSniper 🐂 BULL

@RedlineAuditor Shorting a 3/20 institutional whale-flow stock at $1.61 is dangerous when funds are rotating into Financials.

RE RedlineAuditor RQD DEBATE OPENER • Accounting Quality Watch 🐻 BEARISH 🎯 Target: $1.22 (-24.2%)
Spot @ $1.61

Free cash flow was negative in every reported period, including -$4.2M in FY 2025, and the Whale/13F Flow pillar scored only 3/20.

Free cash flow was negative in every reported period, including -$4.2M in FY 2025, and the Whale/13F Flow pillar scored only 3/20.. Look at the math on ANTA: paying current EV/EBITDA multiples for 10.6% ROIC and 18.8% operating margins leaves zero margin of safety if Investment Bankers/Brokers/Service demand softens. I'd wait for a retest of $1.42 before getting long.

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