Angel Studios, Inc.

ANGX

ANGXAngel Studios, Inc. US flag

New York Stock Exchange

4.19

USD

-0.13

- -

675.30MMarket Cap

Income Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	76	202	97	322
+ Sales & Services Revenue	76	202	97	322
- Cost of Revenue	40	86	44	125
+ Cost of Goods & Services	40	86	44	125
Gross Profit	35	116	52	197
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	44	104	139	361
+ Selling, General & Admin	32	94	126	345
+ Research & Development	12	10	13	16
+ Other Operating Expense	- -	- -	- -	- -
Operating Income (Loss)	-9	12	-87	-164
- Non-Operating (Income) Loss	5	2	-2	6
+ Interest Expense, Net	- -	2	-1	6
+ Interest Expense	1	4	2	12
- Interest Income	1	2	3	5
+ Other Non-Op (Income) Loss	5	- -	-1	- -
Pretax Income	-14	11	-85	-170
- Income Tax Expense (Benefit)	-1	-3	4	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-14	13	-88	-170
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	-14	14	-88	-170
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	-14	13	-88	-170
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-14	13	-88	-170
EBIT	-9	12	-87	-164
EBITDA	-8	19	-78	-149
EBITDA Margin (%)	-10.87	9.24	-80.96	-46.26
EBITA	-9	12	-87	-164
Gross Margin (%)	46.51	57.5	54.04	61.17
Operating Margin (%)	-12.36	6.1	-89.85	-51.04
Profit Margin (%)	-18.16	6.6	-91.46	-53.02
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -
Depreciation Expense	1	6	9	15
Basic Weighted Avg Shares	161	161	161	155
Basic EPS, GAAP	-0.09	0.08	-0.55	-1.1
Basic EPS from Cont Ops	-0.09	0.08	-0.55	-1.1
Diluted Weighted Avg Shares	161	161	161	155
Diluted EPS, GAAP	-0.09	0.08	-0.55	-1.1
Diluted EPS from Cont Ops	-0.09	0.08	-0.55	-1.1

Balance Sheet (USD)

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	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	22	65	53	135
+ Cash, Cash Equivalents & STI	11	25	7	44
+ Cash & Cash Equivalents	11	25	7	44
+ ST Investments	- -	- -	- -	- -
+ Accounts & Notes Receiv	9	33	35	62
+ Accounts Receivable, Net	7	24	16	51
+ Notes Receivable, Net	2	1	1	1
+ Loans Receivable, Net	- -	- -	9	- -
+ Other Receivable, Net	- -	8	9	10
+ Inventories	1	3	2	1
+ Raw Materials	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -
+ Finished Goods	1	3	2	1
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	2	4	9	27
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	17	33	58	107
+ Property, Plant & Equip, Net	3	2	4	4
+ Property, Plant & Equip	5	4	6	7
- Accumulated Depreciation	1	2	3	3
+ LT Investments & Receivables	6	7	22	73
+ LT Investments	6	7	22	73
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	8	23	33	30
+ Total Intangible Assets	3	3	16	23
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	3	3	16	23
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	5	20	17	7
Total Assets	39	98	111	241
+ Payables & Accruals	8	36	46	96
+ Accounts Payable	1	3	8	40
+ Accrued Taxes	- -	- -	- -	2
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	7	33	37	54
+ ST Debt	3	5	12	57
+ ST Borrowings	2	4	11	55
+ ST Finance Leases	1	- -	1	1
+ Other ST Liabilities	1	4	22	67
+ Deferred Revenue	1	4	22	67
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -
Total Current Liabilities	11	44	80	219
+ LT Debt	1	1	2	44
+ LT Borrowings	- -	- -	- -	42
+ LT Finance Leases	1	1	2	2
+ Other LT Liabilities	5	13	12	4
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	5	13	12	4
Total Noncurrent Liabilities	6	14	15	48
Total Liabilities	17	59	95	267
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	41	50	95	210
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	41	50	95	210
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	-19	-10	-87	-242
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	22	40	8	-31
+ Minority/Non Controlling Interest	- -	- -	8	6
Total Equity	22	40	17	-26
Total Liabilities & Equity	39	98	111	241
Shares Outstanding	161	161	161	169
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	2	1	3	3
Net Debt	-9	-21	4	53
Net Debt to Equity	-39.64	-53.03	25.4	-205.9
Tangible Common Equity Ratio	51.84	38.26	0.24	-22.58
Current Ratio	1.94	1.47	0.66	0.62
Cash Conversion Cycle	- -	26.69	48.23	-27.67

Cash Flow Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-14	13	-88	-170
+ Depreciation & Amortization	1	6	9	15
+ Non-Cash Items	6	4	7	18
+ Stock-Based Compensation	2	1	4	10
+ Deferred Income Taxes	- -	- -	4	- -
+ Asset Impairment Charge	- -	2	- -	- -
+ Other Non-Cash Adj	5	- -	-1	8
+ Chg in Non-Cash Work Cap	-5	-8	21	54
+ (Inc) Dec in Accts Receiv	3	-38	6	-27
+ (Inc) Dec in Inventories	1	-2	1	- -
+ (Inc) Dec in Prepaid Assets	2	-3	-5	-8
+ Inc (Dec) in Accts Payable	-10	37	2	45
+ Inc (Dec) in Other	-2	-1	17	43
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	-12	15	-51	-83
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-10	-9	-19
+ Acq of Fixed Prod Assets	-1	-1	- -	-1
+ Acq of Intangible Assets	- -	-9	-9	-18
+ Cash (Repurchase) of Equity	- -	7	32	104
+ Increase in Capital Stock	- -	8	33	104
+ Decrease in Capital Stock	- -	- -	-1	- -
+ Net Change in LT Investment	- -	- -	2	- -
+ Dec in LT Investment	- -	- -	2	- -
+ Inc in LT Investment	- -	- -	-1	- -
+ Net Cash From Acq & Div	-2	-2	-5	-37
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	-2	-2	-5	-37
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	-1	2	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-3	-10	-13	-56
+ Dividends Paid	- -	- -	- -	- -
+ Net Cash From Debt	4	31	29	90
+ Cash From Debt	4	58	48	157
+ Repayments of Debt	- -	-27	-18	-67
+ Other Financing Activities	-2	-29	-15	-18
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	2	9	46	176
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	-14	14	-18	37
EBITDA	-8	19	-78	-149
EBITDA Margin (%)	-10.87	9.24	-80.96	-46.26
Free Cash Flow	-13	5	-61	-102
Net Cash Paid for Acquisitions	2	2	5	37
Free Cash Flow to Firm	- -	- -	- -	- -
Free Cash Flow to Equity	- -	46	-23	6
Free Cash Flow per Basic Share	-0.08	0.03	-0.38	-0.66
Price/Free Cash Flow	- -	- -	- -	-11.19
Cash Flow to Net Income	0.85	1.14	0.58	0.49
Capital Expenditures	-1	-10	-9	-19