C

Anteris Technologies Global Cor — Earnings Quality Grade C

AVR · Healthcare

Some red flags

Revenue
$3M
2021
Net Income
-$46M
2021
Gross Margin
32.1%
Free Cash Flow
-$15M
01

Screening Summary

4
Passed
1
Watch
1
Failed
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
03

18-Point Screening

01

Revenue Quality

A1DSO Change

Insufficient data

A2AR vs Revenue Growth

Insufficient data

A3Revenue vs CFFO

Insufficient data

02

Expense Quality

B1Inventory vs COGS

Inventory growth 24.4%, COGS data unavailable

B2CapEx vs Revenue

Insufficient data

B3SG&A Ratio

Insufficient data

B4Gross Margin

Insufficient data

03

Cash Flow Quality

!
C1CFFO vs Net Income

CFFO/NI = 0.31. Below 1.0

C2Free Cash Flow

Insufficient data

C3Accruals Ratio

Insufficient data

C4Cash vs Debt

Cash $0.0B covers debt $0.0B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.0B = 2% of equity. Manageable

D2Leverage

Insufficient data

D3Soft Asset Growth

Insufficient data

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions negative for 3 years

Small-cap context: A single acquisition on a small balance sheet can trip serial-acquirer logic.

E2Goodwill Surge

Goodwill+Intangibles change -32% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Portfolio monitoring

Monitor AVR continuously

The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.

05

Altman Z-Score

-16.45
Distress Zone
0 Distress1.102.605.0+ Safe
0.4837
Liquidity
-6.5547
Cumulative profit
0
Operating efficiency
1.6597
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25