ATEX Anterix Inc.

Overview and Growth

Anterix Inc. generated $6.50M of revenue in fiscal 2026, with net income of $90.64M and an operating cash inflow of $5.51M. At $6.50M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 7.8% above fiscal 2025 revenue of $6.03M, marking a year-over-year increase. Diluted earnings per share were $4.83, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 18.76M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. At period end, total assets were $465.21M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.01x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The reported operating result was $93.93M, capturing profitability after direct costs and the operating expenses reflected in the statements. After all reported below-operating-line items, the company recorded net income of $90.64M for the fiscal year. EBITDA was $94.39M, supplying an additional view of reported operating earnings before interest, taxes, depreciation, and amortization. The earnings statement records $95.71M of pretax income, the profit base against which the reported tax provision can be assessed. The company recognized $5.07M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 5.3% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 34.6%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 19.5%, connecting net income with the company’s total asset base. The company moved from a $11.37M net loss in fiscal 2025 to net income of $90.64M.

Liquidity and Capital Structure

The company held $465.21M of assets against $202.89M of liabilities and $262.32M of equity, revealing how the asset base was financed. The near-term balance sheet paired $119.98M of current assets with $35.99M of current liabilities at the reporting date. At 3.33x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $98.53M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 273.7% of current liabilities, showing how much near-term coverage came from cash alone. The equity-to-assets relationship was 56.4%, placing book capital against the total resource base. The liabilities-to-assets relationship was 43.6%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 21.2%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 39.7% from $333.10M in fiscal 2025, leaving current total assets higher year over year. Book equity was 67.5% higher than fiscal 2025 equity of $156.60M, showing how shareholder capital changed year over year. Compared with $47.37M in fiscal 2025, the current cash balance moved 108.0% and finished higher.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $5.51M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Against net income, operating cash flow measured 0.06x, showing the relationship between accrual earnings and operating cash. The cash-flow statement records $31.00K of capital expenditures, the investment amount considered after operating cash generation. Capital expenditures represented 0.6% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $5.48M, leaving a positive amount after capital expenditures. Free cash flow represented 84.3% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 1.2%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 21, 2026.