Anterix Inc.

ATEX Communication Services Telecom Services

Anterix Inc.’s revenue for fiscal 2026 (year ended March 2026) was $6.5 million, up 7.79% from fiscal 2025.

Revenue
+38.1%
EPS
−99.3%
Free cash flow
+33.9%

Quarter to June 2026, against a year earlier

68.68 9.08 −11.68%
Market cap
$1.3B
P/E
19.6×
Fwd P/E
−81.4×
Dividend yield
—
F-score
5/9
Altman Z
2.10
Beneish M
−1.58
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.08
Sold, $m 34.49
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 2 — — — — — — — — — — —
Sell — — — — — — 8 — 3 5 1 —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 1,340.00
Revenue ttm 7.04
Net income ttm 65.70
Free cash flow ttm (19.33)
Net debt Q (116.01)
Valuation
P/E 19.57
Forward P/E (81.40) (negative: loss-making)
Price / sales 186.17 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 4.59
Financial health
Current ratio Q 4.85 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 5.70
Growth
Revenue growth Q +38.08% (above 0%: growing)
Operating income growth Q −101.09% (below 0%: shrinking)
EPS, this year −108.33% (below 0%: weak)
EPS, next year A −57.57% (below 0%: weak)
Revenue, next year A +220.41% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 57.54%
10-year low 10-year high
P/B against its own 10 years 82.91%
10-year low 10-year high
EV/Sales against its own 10 years 58.49%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 61 47 99 116
Receivables 9 10 11 14
Inventory — — — —
Other — 1 6 17
73 61 120 153
2024 2025 2026 Q'26
Payables 9 9 15 12
ST’ Debt — 0 — —
Other 1 8 2 2
18 27 36 32

Compound Annual Growth %

10y 5y 3y
Sales 6.25% 47.82% 50.19%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.01% 4.30% 13.42%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 0.01 — — — —
’26 1.35 2.86 (0.35) 0.98 4.83
’25 (0.84) (0.69) 0.41 0.49 (0.61)
’24 (0.11) 0.11 0.02 (0.51) (0.49)
’23 (0.71) (0.56) (0.42) 0.82 (0.87)
’22 (0.67) (0.10) (0.69) (0.60) (2.07)
’21 (0.88) (0.94) (0.69) (0.62) (3.13)
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 2 — — — —
’26 1 2 2 2 7
’25 2 2 2 1 6
’24 1 1 1 1 4
’23 0 0 1 1 2
’22 0 0 0 0 1
’21 0 0 0 0 1
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 2 — — — —
’26 (3) 1 (8) 16 6
’25 (2) (3) (8) (17) (29)
’24 (8) 10 34 6 42
’23 (10) (8) (1) (9) (27)
’22 (10) (3) 40 (9) 18
’21 (7) (7) (6) 11 (10)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (5) — — — —
’26 (7) (12) (11) 8 (22)
’25 (8) (8) (9) (22) (47)
’24 (13) 5 29 4 25
’23 (16) (14) (9) (15) (54)
’22 (16) (9) 35 (20) (9)
’21 (14) (9) (9) 8 (24)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jun ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 5 6 6 2 1 1 2 4 6 7 7 +3.5% 21 18 9 +11.4%
Gross margin, % (47.25) (24.28) 28.42 (81.14) (74.38) 99.54 100.00 100.00 100.00 100.00 100.00 +147.3 pt
EBT (33) (31) (41) (35) (54) (37) (15) (8) (9) 96 73 n/m
EBT margin, % (682.85) (488.84) (635.56) (2,252.94) (5,896.85) (3,370.48) (784.52) (179.31) (157.19) 1,472.17 1,042.42 +2,155.0 pt
Net income (39) (25) (42) (38) (54) (38) (16) (9) (11) 91 66 n/m
Per share, $
Per share, $ Revenue 0.33 0.44 0.45 0.10 0.05 0.06 0.10 0.22 0.32 0.35 0.37 +0.5%
Earnings (2.72) (1.70) (2.88) (2.29) (3.13) (2.07) (0.87) (0.49) (0.61) 4.85 3.51 n/m
Cash flow (1.84) (1.52) (1.58) (1.69) (0.57) 0.99 (1.45) 2.24 (1.58) 0.29 0.56 n/m
Capex (0.17) (0.20) (0.11) (0.46) (0.81) (1.51) (1.44) (0.92) (0.98) (1.46) (1.57) +27.3%
Free cash flow (2.01) (1.72) (1.70) (2.15) (1.39) (0.52) (2.89) 1.31 (2.56) (1.16) (1.01) (5.9%)
Book value 15.84 14.43 12.40 14.92 12.20 10.27 9.54 8.58 8.44 14.04 14.97 (1.3%)
Shares, m 14 14 15 16 17 18 19 19 19 19 19 +2.9%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.87 19.57 0.8
P/S 65.69 68.67 82.00 479.54 891.64 969.08 324.39 147.58 112.65 109.78 186.17 325.1
P/B 1.38 2.09 2.95 3.06 3.86 5.64 3.46 3.84 4.34 2.72 4.59 3.3
EV/Sales 39.87 53.32 70.30 392.04 764.72 872.21 302.43 133.63 104.88 94.71 169.77 282.8
EV/FCF (6.61) (13.63) (18.45) (17.33) (29.18) (99.54) (10.67) 22.71 (13.32) (28.32) (61.85) (21.4)
Cash, $m
Cash, $m Operating cash flow (27) (22) (23) (28) (10) 18 (27) 42 (29) 6 11 n/m
Capex (2) (3) (2) (8) (14) (27) (27) (17) (18) (27) (30) +31.0%
Free cash flow (29) (25) (25) (35) (24) (9) (54) 25 (47) (22) (19) (3.1%)
Balance, $m
Balance, $m Working capital 121 95 70 133 112 106 28 55 34 84 122 (4.0%)
Net debt (124) (98) (77) (137) (117) (106) (43) (61) (47) (99) (116) (2.5%)
Shareholders’ equity 228 209 181 245 213 186 180 161 157 262 286 +1.6%
Returns, %
Returns, % ROA (15.09) (10.55) (20.14) (16.22) (20.92) (14.13) (5.86) (3.03) (3.46) 22.71 15.32 +37.8 pt
ROIC (19.64) (17.96) (25.63) (21.78) (36.01) (28.50) (7.50) (6.30) (6.70) 35.84 26.21 +55.5 pt
ROE (15.99) (11.26) (21.57) (17.68) (23.79) (18.82) (8.91) (5.36) (7.16) 43.27 27.92 +59.3 pt
People
People Employees 95 98 58 59 69 73 82 86 84 64 — (4.3%)
Revenue/emp, $m 0.05 0.06 0.11 0.03 0.01 0.01 0.02 0.05 0.07 0.10 — +8.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Anterix Inc. vs peers in Telecom Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
IDT IDT Corporation $2.2B 23.6× 11.2× +7.07% (above 0%: growing) +29.85% (above 0%: growing) +49.07% (above 0%: growing) 39.78% 9.80% Compare
LILAK Liberty Global PLC $1.7B — (loss-making) — (loss-making) +2.14% (above 0%: growing) n/m +9.80% (above 0%: growing) 77.74% 16.85% Compare
LILA Liberty Latin America Ltd. $1.7B — (loss-making) — (loss-making) +0.44% (above 0%: growing) n/m −21.07% (below 0%: shrinking) 0.00% 16.21% Compare
ATEX Anterix Inc. $1.3B 19.6× — (loss-making) +38.08% (above 0%: growing) −99.26% (below 0%: shrinking) +33.94% (above 0%: growing) 100.00% (12.56%)
TEO Telecom Argentina Stet - France Telecom S.A. $1.3B 8.2× — +4.09% (above 0%: growing) n/m +51.10% (above 0%: growing) 96.80% 14.01% Compare
TV Grupo Televisa S.A. $1.2B — (loss-making) — (loss-making) +3.77% (above 0%: growing) n/m +17,441.71% (above 0%: growing) 38.05% 4.84% Compare
GLIBA Liberty Capital Corporation $993.7M 12.0× 8.7× +3.89% (above 0%: growing) n/m −90.48% (below 0%: shrinking) 49.06% 13.48% Compare
GLIBK GCI Liberty, Inc. - Series C GCI Group $988.0M 12.3× — +3.89% (above 0%: growing) n/m −90.48% (below 0%: shrinking) 49.06% 13.48% Compare
SIFY Sify Technologies Limited $909.0M — (loss-making) 622× +21.75% (above 0%: growing) n/m +32.06% (above 0%: growing) 36.26% 8.58% Compare
Median of peers $1.2B 12.1× 11.2× +3.89% — +20.93% 44.42% 13.48%

All 55 Telecom Services stocks →

Pay and ownership Proxy statement filed 25 June 2026

Ownership

Directors and executive officers, together 40.05%
Jeffrey A. Altman 28.82%
Owl Creek Asset Management, L.P. 28.10%
William E. Heard 8.96%
Heard Capital LLC 8.91%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Anterix Inc. (ATEX) Latest News

18 Aug

Impact 3 · · The Motley Fool transcript

10 Jun

Impact 3 · · GlobeNewswire
stockrow.com/ATEX · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com