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Stock Ratings / Communication Services / ATEX / financials
ZD (62) IDT (81) NSSC (71) IHS (58) ⌘ Pro Terminal →

Anterix Inc. (ATEX) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$82.21 -9.33% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $81.03

Anterix Inc. (ATEX) earns a Roarable Rating of B+ (Buy) with 76/100 RQD Confidence. High-quality cash engine (steady margins, 36% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

ROARABLE B+ • BUY Cap $1.78B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on ATEX Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ATEX stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Anterix Inc. (NASDAQ: ATEX) is rated B+ (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 76/100 at a spot price of $82.21 (-9.33% 1D, market cap $1.78B). Pillar breakdown: Fundamental Cash Engine 20/20, Institutional 13F & Options Flow 16/20, SEC Balance-Sheet Forensics 15/20, FRED Macro Regime Fit 14/20, and Executive Insider Alignment 11/20. Across 132 tracked Communication Services issuers, ATEX ranks #4 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ATEX compare to ZD and IDT in the Communication Services sector?
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Within the Communication Services sector (Telecommunications Equipment), ATEX carries a Roarable B+ (76/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 35.9%. By comparison, ZD (Ziff Davis Inc.) holds a C grade (62/100 RQD, P/E 40.5x, ROIC 7.6%, cap $1.88B) and IDT (IDT Corporation (Class B)) posts a A- grade (81/100 RQD, P/E 25.0x, ROIC 61.2%, cap $2.04B). Among the 5-stock peer group, IDT leads on earnings multiple (25.0x) while IDT leads on capital efficiency (61.2% 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 ATEX?
▼

Per ATEX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001304492), Anterix Inc. generated $6.5M in revenue (+7.8% YoY), $90.6K in net income, and $5.5M in free cash flow against $417.0M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. 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: $81.03 (-1.44%)🧬 Disciplined Float (+0.24% YoY Shares)⚙️ Cash Engine: 20/20 (A+) • 84.3% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 76/100 (B+) historically ranked in the Top 11% of excess returns over the next 90 days (+7.6% avg 90D alpha vs SPY • 70.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERBUY • B+
025507510076
3-of-3 Quant Analysts Bullish
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 RQD RADARRw B+ · Rk B
Cash (20)Whales (16)SEC (15)Macro (14)CEO (11)
Each axis scored 0–20
12M PRICE TARGET CONE+8.1% Base Target
$119 Bull$89 Base$67 Bear
📬 FREE ATEX RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ATEX)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (76/100 Composite)
🔍 WHY ATEX SCORES 76/100 (B+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Cash Engine Quality+20/20 pts (26% of score)

SEC XBRL FY 2025 (10-K): 84.3% FCF Margin ($5.5M FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Whale & Options Positioning+16/20 pts (21% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution11/20 pts (-9 pt drag)

Disciplined Float (+0.24% YoY Shares) & executive Form 4 sales trim 9 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
84
Grade A$84.87-6.4% Next Q
Q2 (-2Q)
81
Grade A-$79.44+7.8% Next Q
Q3 (-1Q)
79
Grade A-$85.62-4% Next Q
Current
76
Grade B+$82.21+7.6% Hist 90D α
Trajectory: A (84) → B+ (76)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the ATEX Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 76/100 (B+) score, ATEX faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Disciplined Float (+0.24% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($83.67) or 200D SMA ($66.02) invalidates the momentum regime and cuts Target Base ($88.87) toward Bear Floor ($67.41).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ATEX• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “ATEX Beats Next Quarter EPS Consensus (Dec 29, 2026) & Holds Above 200D SMA”
YES 76%NO 24%Trade / Inspect Odds →
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How ATEX Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$5.5M (84.3% FCF Margin)
Revenue$6.5MGross Profit $3.4M (52%)Cost of Sales $3.1MOp Profit $3.4M (52%)OpEx (R&D/SG&A) $0Net Profit$90.6K (1.4%)Tax/Other $3.3M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $4.2M
FY24
Rev $6.0M
FY25
Rev $6.5M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$6.5M52%85%$90.6K$5.5M35.9%
FY 2024$6.0M52%-80%-$11.4K-$29.4M-8%
FY 2023$4.2M52%-80%-$9.1K$42.0M35.9%
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 ATEX)

  • ✓Walkthrough of ATEX'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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ATEX // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +69.93%▼ DESCENDING CHANNEL
2026-11-03O $91.81H $91.81L $82.21C $82.21VOL 396.4K
RES: $91.71SUP: $66.16SMA50: $83.67SMA200: $66.02
$119.0$94.06$69.09$44.13$19.16RES $91.71SUP $66.16$82.212026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

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

🦋 ATEX Butterfly Map → + Track ATEX →
Share Count & Dilution Monitor

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

Reverse-DCF Expectations Hurdle
17.3%/yr Implied 5Y Growth

vs. +7.8% 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 ATEX today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

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

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for ATEX 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 (ATEX)

Communication Services Rank #4 of 132 ⚔️ ZD vs ATEX Full Matrix →

1. Head-to-Head Communication Services Peer Comparison (ATEX vs. ZD, IDT, NSSC, IHS)

Industry: Telecommunications Equipment (81 Tracked Issuers)

Across 132 tracked Communication Services securities in the Roarable RQD universe, Anterix Inc. (ATEX) ranks #4 by composite RQD confidence (76/100, grade B+) and #58 by equity capitalization ($1.78B). Within this direct 5-issuer industry benchmark cohort, IDT leads on earnings valuation at 25.0x trailing P/E, while IDT leads on capital efficiency and profitability with 61.2% ROIC and 36.2% gross margin. IDT currently holds the highest overall quantitative score in the immediate peer group at 81/100 (A-) compared with ATEX at 76/100 (B+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
ATEX ACTIVE
Anterix Inc.
B+ 76/100 — — 35.9% -9.33% $1.78B Benchmark Subject
ZD
Ziff Davis Inc.
C 62/100 40.5x 85.8% 7.6% -2.99% $1.88B /zd-vs-atex →
IDT
IDT Corporation (Class B)
A- 81/100 25.0x 36.2% 61.2% +0.31% $2.04B /idt-vs-atex →
NSSC
NAPCO Security Technologies Inc.
B- 71/100 32.9x 55.6% 45.7% -18.41% $1.41B /nssc-vs-atex →
IHS
IHS Holding Limited
D+ 58/100 — — — +0.24% $2.84B /ihs-vs-atex →

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

SEC EDGAR 10-K • FILED 2026-03-31 • CIK 0001304492 ↗

In its most recent audited fiscal period (FY2025, filed 2026-03-31), Anterix Inc. (ATEX) reported GAAP revenue of $6.5M (+7.8% vs. FY2024 revenue of $6.0M , and +55.1% cumulative change since FY2023) , GAAP net income of $90.6K, operating cash flow of $5.5M, and free cash flow of $5.5M (+118.7% YoY). On the balance sheet, ATEX closed FY2025 with $417.0M in total assets against $0 in total debt (Altman Z-Score: 5.69, Piotroski F-Score: 8/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2026-03-31 $6.5M $90.6K $5.5M $5.5M $417.0M —
FY2024 (FY) 2025-03-31 $6.0M -$11.4K -$29.3M -$29.4M $326.7M —
FY2023 (FY) 2024-03-31 $4.2M -$9.1K $42.0M $42.0M — —

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

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

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

As of 2026-11-03, Anterix Inc. (NASDAQ: ATEX) is rated B+ (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 76/100 at a spot price of $82.21 (-9.33% 1D, market cap $1.78B). Pillar breakdown: Fundamental Cash Engine 20/20, Institutional 13F & Options Flow 16/20, SEC Balance-Sheet Forensics 15/20, FRED Macro Regime Fit 14/20, and Executive Insider Alignment 11/20. Across 132 tracked Communication Services issuers, ATEX ranks #4 in composite RQD confidence.

How does ATEX compare to ZD and IDT in the Communication Services sector?

Within the Communication Services sector (Telecommunications Equipment), ATEX carries a Roarable B+ (76/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 35.9%. By comparison, ZD (Ziff Davis Inc.) holds a C grade (62/100 RQD, P/E 40.5x, ROIC 7.6%, cap $1.88B) and IDT (IDT Corporation (Class B)) posts a A- grade (81/100 RQD, P/E 25.0x, ROIC 61.2%, cap $2.04B). Among the 5-stock peer group, IDT leads on earnings multiple (25.0x) while IDT leads on capital efficiency (61.2% ROIC).

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

Per ATEX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001304492), Anterix Inc. generated $6.5M in revenue (+7.8% YoY), $90.6K in net income, and $5.5M in free cash flow against $417.0M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

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

ATEX last traded at $82.21 (-9.33% on volume of 229,572 shares), positioning the stock -1.74% below its 50-day simple moving average ($83.67) and +24.52% above its 200-day simple moving average ($66.02). Across its 52-week range of $17.58 to $113.00, ATEX sits at the 67.7% percentile with a 14-day RSI of 60.1 (BULLISH MOMENTUM) and an implied next-earnings move of ±12.5% ($71.93 to $92.49).

Direct Sub-Reports: ATEX RQD Cockpit ATEX 12M Forecast ATEX Earnings & Move ATEX Dividends & DRIP ATEX Insiders & 13F ATEX Whale Options ATEX Profit Sankey ATEX News & Why
ROARABLE RATING BRIEF • RQD 76/100 (B+) ✓ SEC XBRL & RQD VERIFIED

ATEX — Anterix Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2026-03-31

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

Anterix Inc. (ATEX) earns a live Roarable RQD composite score of 76/100, corresponding to a B+ letter grade (Roarable Buy) at a spot price of $82.21 (-9.33% 1D, market capitalization $1.78B).

  • Fundamental Cash Engine (20/20): Anchored by return on invested capital (ROIC) of 35.9%, gross margin of —, operating margin of 75.0%, and free cash flow yield of 0.30%.
  • Whale 13F & Options Flow (16/20) + Insider Conviction (11/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (14/20) + Forensic Balance Sheet (15/20): Incorporates a 1.00x equity beta, Altman Z-Score of 5.69, Piotroski F-Score of 8/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Anterix Inc. Is a NASDAQ-listed issuer classified in the Communication Services sector and the Telecommunications Equipment industry. The profile does not describe its products, customers, or revenue model. — for further business description.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2026-03-31), Anterix Inc. (ATEX) reported $6.5M in annual revenue (up from $6.0M in FY2024, +7.8% YoY) and $90.6K in GAAP net income. Over the multi-year SEC filing window from FY2023 ($4.2M revenue, -$9.1K net income) through FY2025, ATEX scaled operating cash flow to $5.5M and free cash flow to $5.5M, backed by $417.0M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (B+ • RQD 76/100): Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Big institutional funds and options desks are actively positioning on the bullish side. With Fundamental Cash Engine at 20/20 and Institutional Whale Flow at 16/20, sustained execution supports upside toward the upper end of the $17.58 – $113.00 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh current valuation and 18.8x EV/EBITDA against 75.0% operating margins and a 1.00x macro beta.

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

Operating in Telecommunications Equipment (Communication Services), ATEX carries a macro regime beta of 1.00 and gross margin of —.

  • Key Question #1: Can ATEX sustain or expand its 75.0% operating margin and 35.9% ROIC against Telecommunications Equipment peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $6.5M and free cash flow of $5.5M, how will capital allocation balance growth reinvestment against $0 in total debt?
  • Key Question #3: How sensitive is ATEX's equity valuation to Communication Services capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

ATEX Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Anterix Inc. (ATEX) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ATEX Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ATEX Bull vs. Bear Conversation Board — What's Your Call at $82.21?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ATEX 🐻 33% BEARISH CONVICTION
1. Pick Your Side on ATEX:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
DE DeepValue_CFA RQD DEBATE OPENER • Institutional Buy-Side 🐂 BULLISH 🎯 Target: $113.34 (+25.0%)
📌 Pinned Debate

The RQD rating assigns a perfect 20/20 to the fundamental cash engine, backed by ROIC of 35.9%.

Don't sleep on ATEX's setup in Communication Services. The RQD rating assigns a perfect 20/20 to the fundamental cash engine, backed by ROIC of 35.9%.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (76/100) backs up the fundamental quality.

EarningsSniper 🐂 BULL

@BearTrap_Alert Shorting a 16/20 institutional whale-flow stock at $90.67 is dangerous when funds are rotating into Communication Services.

BE BearTrap_Alert RQD DEBATE OPENER • Cycle Peak Watcher 🐻 BEARISH 🎯 Target: $68.91 (-24.0%)
Spot @ $90.67

The FCF yield of 0.3% and net margin of 1.4% indicate the current valuation is not supported by near-term cash generation.

Here is the bear case nobody on the bull side wants to address on ATEX: The FCF yield of 0.3% and net margin of 1.4% indicate the current valuation is not supported by near-term cash generation.. At current EV/EBITDA multiples, even a small guidance miss in Telecommunications Equipment triggers a 12-15% air pocket.

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