Is the business good?
How good a business is ATEX?
Anterix Inc. earns 45% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
45%
Return on invested capital · cost of capital 9.0% · 36 points above what the capital costs: growth creates value
- Operating margin
- 1445%
Operating margin · Telecom Services median 11% · 12 months to Q4 2026
- R&D as % of revenue
- 72%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2021 | −5951% |
| FY2022 | −3399% |
| FY2023 | −858% |
| FY2024 | −242% |
| FY2025 | −194% |
| FY2026 | 1445% |
Details›
- Operating margin12 months to Q4 2026
- 1445%
- Net margin12 months to Q4 2026
- 1394%
- R&D as % of revenue
- 72%
- Revenue, trailing twelve months
- $6.5M
- Net income, trailing twelve months
- $91M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 45%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.