Event-Driven Stocks

ANTARES PHARMA, INC.

Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕

Signs7 gooddetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$184.0M$33.1M$23.3M$63.6M$54.5M$52.2M
Operating income$65.9M$13.6M$992,000−$4.1M−$15.6M−$24.1M
Net income$46.3M−$2.4M−$5.5M−$6.5M−$16.7M−$24.3M
Total assets$257.5M$212.5M$132.8M$88.3M$74.3M$66.3M
Total liabilities$81.7M$93.4M$78.3M$49.3M$40.8M$21.1M
Equity$175.8M$119.1M$54.5M$39.0M$33.5M$45.2M
EPS (diluted)$0.26$0.33$-0.01$-0.04
Shares out.168.2M165.6M160.5M156.8M155.2M154.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2021
Operating margin
35.8%
Net margin
25.2%
Return on equity
26.3%
Return on assets
18.0%
Return on capital (ROCE)
33.2%
Liabilities / assets
31.7%
Debt / equity
0.47×
Book value / share
$1.05
Revenue growth (YoY)
456.2%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2021
Altman Z″ (distress)
4.68safe
Accruals / assets
3.8%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
80
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 67Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

7 good
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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