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AD · NYSE · United States · Radiotelephone Communications
In shortARRAY DIGITAL INFRASTRUCTURE, INC. is profitable, generates cash and carries moderate debt, with revenue shrinking (−95.6% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -56.8% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 29.9% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 1.4% | 7/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -2.3% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.72× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.26× | 97/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -3.28× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.60 | 13/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 106.6% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.56× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 41.9% | 0/100 |
| Operating margin volatility | 25.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -66.1% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | 17.0% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 4,122 | 4,169 | 3,805 | 3,667 | 163 |
| Cost of revenue | – | – | 68 | 73 | 79 |
| Gross profit | – | – | 3,737 | 3,594 | 83 |
| Selling, general & admin | 1,345 | 1,408 | 101 | 103 | 84 |
| Operating income | 170 | 69 | (112) | (260) | (93) |
| Interest expense | 175 | 163 | 15 | 12 | 28 |
| Pre-tax income | 180 | 72 | 41 | (100) | 141 |
| Income tax | 20 | 37 | 33 | (19) | (31) |
| Net income | 155 | 30 | 54 | (39) | 49 |
| Diluted EPS | $1.77 | $0.35 | $0.63 | −$0.46 | $0.56 |
| Diluted shares (millions) | 87 | 86 | 87 | 86 | 87 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.60 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 7, 2026