Angel Studios, Inc. Balance Sheet
ANGX / Communication Services|5 years of annual SEC 10-K data (FY2021-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 5 fiscal years. All figures from audited SEC 10-K filings.
Angel Studios, Inc. had $241M in total assets with negative shareholders' equity of $26M as of FY2025. Total debt was $46M against $44M in cash, resulting in $1M net debt.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.92 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $44.1M | - | - | - | - |
| Accounts Receivable | $51.1M | - | - | - | - |
| Inventory | $1.3M | - | - | - | - |
| Current Assets | $134.9M | $626.0K | $2.2M | $278.5K | $2.0M |
| PP&E (Net) | $709.8K | - | - | - | - |
| Total Assets | $241.4M | $1.1M | $46.9M | $238.3M | $236.6M |
| Current Liabilities | $219.0M | $4.5M | $5.0M | $1.2M | $1.0M |
| Total Debt | $45.5M | - | - | - | - |
| Shareholders' Equity | -$25.8M | -$8.5M | -$3.4M | -$1.5M | -$24.3M |