Tearsheet

Angel Studios (ANGX)

Market Price (10/31/2025): $6.26 | Market Cap: $1.0 Bil
Sector: Communication Services | Industry: Movies & Entertainment

Angel Studios (ANGX)

Market Price (10/31/2025): $6.26
Market Cap: $1.0 Bil
Sector: Communication Services
Industry: Movies & Entertainment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0			Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -101 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -54%
1			Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%
2			Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -32%

0	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -101 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -54%
1	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%
2	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -32%

Market Valuation & Key Metrics

Valuation
Key Metrics

	10/31/25	2024	2023	2022
Share Price CYE	$6.26
Market Cap CYE ($ Bil)	1.0	-	-	-
Total Debt ($ Bil)	0.0	0.0	0.0	0.0
Total Cash ($ Bil)	0.0	0.0	0.0	0.0
Enterprise Value ($ Bil)	1.0
Valuation Ratios
P/S TTM	0.0	0.0	0.0	0.0
P/EBIT TTM	0.0	0.0	0.0	0.0
P/E TTM	0.0	0.0	0.0	0.0
Sector Ratios
P/S TTM (Sector)	1.1	1.0	1.1	1.2
P/EBIT TTM (Sector)	1.7	1.1	-0.1	0.9
P/E TTM (Sector)	-0.7	-0.8	-0.6	-0.4

	10/31/25	2024	2023	2022
Share Price CYE	$6.26
Market Cap CYE ($ Bil)	1.0	-	-	-
Total Debt ($ Bil)	0.0	0.0	0.0	0.0
Total Cash ($ Bil)	0.0	0.0	0.0	0.0
Enterprise Value ($ Bil)	1.0
Valuation Ratios
P/S TTM	0.0	0.0	0.0	0.0
P/EBIT TTM	0.0	0.0	0.0	0.0
P/E TTM	0.0	0.0	0.0	0.0
Sector Ratios
P/S TTM (Sector)	1.1	1.0	1.1	1.2
P/EBIT TTM (Sector)	1.7	1.1	-0.1	0.9
P/E TTM (Sector)	-0.7	-0.8	-0.6	-0.4

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ANGX Stock

Return (1M):

Factor Drivers of Stock Movement

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Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ANGX Return	-	-	-	-	-	-	0%
Peers Return	13%	10%	-6%	5%	13%	-16%	16%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	110%
Monthly Win Rates [3]
ANGX Win Rate	-	-	-	-	-
Peers Win Rate	28%	20%	17%	30%	32%	50%
S&P 500 Win Rate	58%	75%	42%	67%	75%	67%
Max Drawdowns [4]
ANGX Max Drawdown	-	-	-	-	-	-
Peers Max Drawdown	-14%	-2%	-14%	-16%	-8%	-39%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: NFLX, NXST, ANGH, ANGX, BLMZ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

ANGX has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.

Unique Key	Event	XLC	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-47.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	89.5%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	602 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-30.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	43.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	112 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-24.8%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	32.9%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	326 days	120 days

Compare to

In The Past

The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Angel Studios (ANGX)

Business Description

Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals. The company was incorporated in 2021 and is based in Del Mar, California.

Better Bets than Angel Studios (ANGX)

	ANGX	Better Performance than ANGX
Metric	Value	Industry (Movies & Entertainment)
Rev Chg LTM	-10.6%	NFLX (15.4%), DIS (5.0%), WMG (1.4%), LYV (-0.3%), FWONA (4.7%)
Op Mgn LTM	-54.0%	NFLX (29.1%), DIS (14.8%), WMG (13.7%), LYV (4.2%), FWONA (11.4%)
CFO/Rev LTM	-29.9%	NFLX (22.1%), DIS (20.3%), WMG (11.6%), LYV (7.9%), FWONA (20.5%)
FCF/Rev LTM	-32.3%	NFLX (20.7%), DIS (12.2%), WMG (6.0%), LYV (4.5%), FWONA (18.2%)

	ANGX	Better Performance than ANGX
Metric	Value	Sector (Communication Services)
Rev Chg LTM	-10.6%	GOOGL (13.4%), META (21.3%), NFLX (15.4%), TMUS (7.3%), APP (48.2%)
Op Mgn LTM	-54.0%	GOOGL (32.2%), META (43.2%), NFLX (29.1%), TMUS (22.6%), APP (55.6%)
CFO/Rev LTM	-29.9%	GOOGL (39.3%), META (56.8%), NFLX (22.1%), TMUS (31.3%), APP (53.7%)
FCF/Rev LTM	-32.3%	GOOGL (19.1%), META (23.7%), NFLX (20.7%), TMUS (16.1%), APP (53.7%)

	ANGX	Better Performance than ANGX
Metric	Value	All Other Sectors
Rev Chg LTM	-10.6%	NVDA (71.6%), AAPL (6.0%), MSFT (15.6%), AMZN (10.9%), AVGO (28.0%)
Op Mgn LTM	-54.0%	NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), AMZN (11.4%), AVGO (39.0%)
CFO/Rev LTM	-29.9%	NVDA (46.6%), AAPL (26.6%), MSFT (50.0%), AMZN (18.1%), AVGO (42.4%)
FCF/Rev LTM	-32.3%	NVDA (43.6%), AAPL (23.5%), MSFT (26.6%), AMZN (2.0%), AVGO (41.6%)

		Best Bets In Communication Services Sector
	ANGX	META	TTD	MTCH	GOOGL	YELP	CARG	T	FOXA	UPWK	WBD
What You Pay
P/E	�	28.7	57.6	14.7	27.4	13.8	26.0	13.9	14.4	8.8	69.7
P/EBIT	�	19.7	50.6	9.6	22.3	11.3	18.0	7.0	9.3	20.4	15.7
What You Get
Rev Chg Q	431.0%	26.2%	18.7%	-0.0%	15.9%	3.7%	7.0%	3.5%	4.9%	0.9%	1.0%
Rev Chg LTM	-10.6%	21.3%	23.2%	-0.6%	13.4%	5.4%	4.8%	1.5%	14.9%	3.9%	-3.7%
Rev Chg 3Y Avg	�	17.3%	24.5%	2.6%	11.0%	9.1%	-14.1%	0.6%	5.6%	11.2%	36.1%
FCF/Rev 3Y Avg	�	29.0%	26.8%	25.7%	20.5%	18.4%	17.3%	16.0%	11.9%	12.7%	11.6%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 12%, alpha of 0.5%, and sharpe of 0.56

Trade Ideas

Select past ideas related to ANGX. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	09302025	TTD	Trade Desk	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.9%	1.9%	0.0%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper	07312025	CMCSA	Comcast	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-13.2%	-13.2%	-13.2%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper	05312025	PINS	Pinterest	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	5.5%	5.5%	-2.3%
IRDM_4302025_Dip_Buyer_FCFYield	04302025	IRDM	Iridium Communications	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-28.9%	-28.9%	-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	04302025	IAS	Integral Ad Science	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	44.4%	44.4%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	09302025	TTD	Trade Desk	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.9%	1.9%	0.0%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper	07312025	CMCSA	Comcast	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-13.2%	-13.2%	-13.2%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper	05312025	PINS	Pinterest	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	5.5%	5.5%	-2.3%
IRDM_4302025_Dip_Buyer_FCFYield	04302025	IRDM	Iridium Communications	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-28.9%	-28.9%	-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	04302025	IAS	Integral Ad Science	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	44.4%	44.4%	0.0%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GH	Guardant Health	27.9%	202.5%
2	GCI	Gannett	27.7%	3.8%
3	FORM	FormFactor	24.2%	34.7%
4	VIAV	Viavi Solutions	22.3%	69.3%
5	GSAT	Globalstar	22.2%	63.5%
6	MTSR	Metsera	22.1%	63729900.0%
7	PRM	Perimeter Solutions	21.1%	102.3%
8	CHRW	C.H. Robinson Worldwide	19.7%	52.6%
9	INSM	Insmed	16.3%	181.3%
10	CAH	Cardinal Health	15.4%	62.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FMC	FMC	-46.5%	-66.6%
2	APLS	Apellis Pharmaceuticals	-31.0%	-35.0%
3	THRY	Thryv	-30.2%	-44.8%
4	SFM	Sprouts Farmers Market	-26.1%	-39.2%
5	IART	Integra Lifesciences	-23.5%	-47.9%
6	ITRI	Itron	-21.1%	0.4%
7	WOLF	Wolfspeed	-18.2%
8	CMG	Chipotle Mexican Grill	-18.2%	-46.1%
9	CI	Cigna	-17.4%	-9.2%
10	EME	EMCOR	-16.6%	43.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	INBX	Inhibrx Biosciences	176.8%	409.8%
2	PUMP	ProPetro	71.2%	16.2%
3	RNA	Avidity Biosciences	43.5%	139.6%
4	DYN	Dyne Therapeutics	42.8%	-0.0%
5	GCI	Gannett	39.3%	3.8%
6	FORM	FormFactor	38.3%	34.7%
7	MBX	MBX Biosciences	35.1%	18.2%
8	BBNX	Beta Bionics	33.8%
9	GH	Guardant Health	33.3%	202.5%
10	LUMN	Lumen Technologies	32.7%	94.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	PMI	Picard Medical	-75.2%	5106.3%
2	LRN	Stride	-56.1%	-35.8%
3	NTLA	Intellia Therapeutics	-52.6%	5.2%
4	FMC	FMC	-48.7%	-66.6%
5	FI	Fiserv	-47.4%	-68.3%
6	VRNS	Varonis Systems	-43.8%	-21.2%
7	THRY	Thryv	-33.4%	-44.8%
8	NFE	New Fortress Energy	-30.5%	-91.9%
9	AKBA	Akebia Therapeutics	-29.5%	10.5%
10	UAMY	United States Antimony	-28.9%	371.2%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PRAX	Praxis Precision Medicines	279.1%	161.2%
2	INBX	Inhibrx Biosciences	131.0%	409.8%
3	PUMP	ProPetro	99.6%	16.2%
4	DYN	Dyne Therapeutics	88.4%	-0.0%
5	VICR	Vicor	85.4%	89.2%
6	CELC	Celcuity	74.6%	503.2%
7	GLUE	Monte Rosa Therapeutics	73.5%	87.5%
8	NVTS	Navitas Semiconductor	72.1%	251.8%
9	LUMN	Lumen Technologies	70.3%	94.7%
10	BALY	Ballys	63.4%	4.1%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	-62.9%	5106.3%
2	LRN	Stride	-53.8%	-35.8%
3	FMC	FMC	-51.0%	-66.6%
4	FI	Fiserv	-48.3%	-68.3%
5	NFE	New Fortress Energy	-43.6%	-91.9%
6	VG	Venture Global	-41.7%
7	OGN	Organon	-40.2%	-55.0%
8	VRNS	Varonis Systems	-39.5%	-21.2%
9	ITGR	Integer	-38.5%	-52.2%
10	LENZ	LENZ Therapeutics	-37.9%	5.5%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GH	Guardant Health	27.9%	202.5%
2	GCI	Gannett	27.7%	3.8%
3	FORM	FormFactor	24.2%	34.7%
4	VIAV	Viavi Solutions	22.3%	69.3%
5	GSAT	Globalstar	22.2%	63.5%
6	MTSR	Metsera	22.1%	63729900.0%
7	PRM	Perimeter Solutions	21.1%	102.3%
8	CHRW	C.H. Robinson Worldwide	19.7%	52.6%
9	INSM	Insmed	16.3%	181.3%
10	CAH	Cardinal Health	15.4%	62.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FMC	FMC	-46.5%	-66.6%
2	APLS	Apellis Pharmaceuticals	-31.0%	-35.0%
3	THRY	Thryv	-30.2%	-44.8%
4	SFM	Sprouts Farmers Market	-26.1%	-39.2%
5	IART	Integra Lifesciences	-23.5%	-47.9%
6	ITRI	Itron	-21.1%	0.4%
7	WOLF	Wolfspeed	-18.2%
8	CMG	Chipotle Mexican Grill	-18.2%	-46.1%
9	CI	Cigna	-17.4%	-9.2%
10	EME	EMCOR	-16.6%	43.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	INBX	Inhibrx Biosciences	176.8%	409.8%
2	PUMP	ProPetro	71.2%	16.2%
3	RNA	Avidity Biosciences	43.5%	139.6%
4	DYN	Dyne Therapeutics	42.8%	-0.0%
5	GCI	Gannett	39.3%	3.8%
6	FORM	FormFactor	38.3%	34.7%
7	MBX	MBX Biosciences	35.1%	18.2%
8	BBNX	Beta Bionics	33.8%
9	GH	Guardant Health	33.3%	202.5%
10	LUMN	Lumen Technologies	32.7%	94.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	PMI	Picard Medical	-75.2%	5106.3%
2	LRN	Stride	-56.1%	-35.8%
3	NTLA	Intellia Therapeutics	-52.6%	5.2%
4	FMC	FMC	-48.7%	-66.6%
5	FI	Fiserv	-47.4%	-68.3%
6	VRNS	Varonis Systems	-43.8%	-21.2%
7	THRY	Thryv	-33.4%	-44.8%
8	NFE	New Fortress Energy	-30.5%	-91.9%
9	AKBA	Akebia Therapeutics	-29.5%	10.5%
10	UAMY	United States Antimony	-28.9%	371.2%

Peer Comparisons for Angel Studios

Financials

	ANGX	NFLX	NXST	ANGH	BLMZ	Median
Name	Angel St.	Netflix	Nexstar .	Anghami	Harrison.
Mkt Price	6.25	1,089.00	195.18	2.88	0.20	6.25
Mkt Cap	-	462.2	5.9	-	-	234.1
Rev LTM	186	43,379	5,316	-	-	5,316
Op Inc LTM	-101	12,643	1,209	-	-	1,209
FCF LTM	-60	8,967	1,254	-	-	1,254
FCF 3Y Avg	-	7,256	992	-	-	4,124
CFO LTM	-56	9,575	1,382	-	-	1,382
CFO 3Y Avg	-	7,706	1,142	-	-	4,424

Growth & Margins

	ANGX	NFLX	NXST	ANGH	BLMZ	Median
Name	Angel St.	Netflix	Nexstar .	Anghami	Harrison.
Rev Chg LTM	-10.6%	15.4%	6.6%	-	-	6.6%
Rev Chg 3Y Avg	-	11.4%	3.2%	-	-	7.3%
Rev Chg Q	431.0%	17.2%	-3.2%	-	-	17.2%
QoQ Delta Rev Chg LTM	61.8%	4.0%	-0.7%	-	-	4.0%
Op Mgn LTM	-54.0%	29.1%	22.7%	-	-	22.7%
Op Mgn 3Y Avg	-	24.4%	20.8%	-	-	22.6%
QoQ Delta Op Mgn LTM	34.9%	-0.4%	-0.3%	-	-	-0.3%
CFO/Rev LTM	-29.9%	22.1%	26.0%	-	-	22.1%
CFO/Rev 3Y Avg	-	20.2%	21.9%	-	-	21.0%
FCF/Rev LTM	-32.3%	20.7%	23.6%	-	-	20.7%
FCF/Rev 3Y Avg	-	19.0%	19.0%	-	-	19.0%

Valuation

	ANGX	NFLX	NXST	ANGH	BLMZ	Median
Name	Angel St.	Netflix	Nexstar .	Anghami	Harrison.
Mkt Cap	-	462.2	5.9	-	-	234.1
P/S	-	10.7	1.1	-	-	5.9
P/EBIT	-	36.0	4.7	-	-	20.4
P/E	-	44.3	9.3	-	-	26.8
P/CFO	-	48.3	4.3	-	-	26.3
Total Yield	-	2.3%	14.5%	-	-	8.4%
Dividend Yield	-	0.0%	3.7%	-	-	1.9%
FCF Yield 3Y Avg	-	2.5%	17.9%	-	-	10.2%
D/E	-	0.0	1.1	-	-	0.6
Net D/E	-	0.0	1.0	-	-	0.5

Returns

	ANGX	NFLX	NXST	ANGH	BLMZ	Median
Name	Angel St.	Netflix	Nexstar .	Anghami	Harrison.
1M Rtn	7.6%	-9.2%	-1.3%	-2.4%	-10.5%	-2.4%
3M Rtn	-	-6.1%	5.2%	746.8%	7.6%	6.4%
6M Rtn	-	-3.9%	37.6%	-55.7%	-5.2%	-4.6%
12M Rtn	-	44.5%	14.1%	-63.5%	-76.5%	-24.7%
3Y Rtn	-	273.1%	28.0%	-87.5%	-	28.0%
1M Excs Rtn	-21.1%	-8.7%	-2.1%	-4.0%	-4.9%	-4.9%
3M Excs Rtn	-	-15.4%	-2.7%	820.9%	3.7%	0.5%
6M Excs Rtn	-	-25.7%	15.8%	-77.4%	-26.9%	-26.3%
12M Excs Rtn	-	28.2%	-0.1%	-81.2%	-94.2%	-40.6%
3Y Excs Rtn	-	197.4%	-62.1%	-165.6%	-	-62.1%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022
Filing Date	8/13/2025	8/4/2025	11/12/2024	8/4/2025
Key Financials
Total Revenue	186	97	202	76
EBITDA	-91	-82	12	-13
Operating Income	-101	-88	8	-9
Net Income	-106	-90	9	-14
EPS	-0.66	-0.56	0.06	-0.09
Growth Rates
Total Revenue Growth	-10.6%	-52.3%	168.1%	-
EBITDA Growth	-534.2%	-812.9%	191.3%	-
Operating Income Growth	-403.5%	-1181.7%	187.4%	-
Net Income Growth	-673.2%	-1079.9%	166.8%	-
Margins
EBITDA Margin	-49.0%	-85.4%	5.7%	-16.8%
Operating Income Margin	-54.0%	-91.4%	4.0%	-12.4%
Net Income Margin	-56.8%	-93.0%	4.5%	-18.2%
Cash & Debt
Total Cash	28	7	25	11
Total Debt	38	14	5	4
Net Debt / (Cash)	10	7	-20	-7
Cash Flows
Net Cash from Operations	-56	-60	6	-12
Free Cash from Operations	-60	-61	5	-13
Returns to Shareholders
Dividends	0	-0	-0	-0
Share Repurchases	1	1	0	0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023
Filing Date	8/13/2025	8/4/2025	8/4/2025	2/14/2025	11/12/2024	8/4/2025	11/12/2024	2/14/2025	11/12/2024
Key Financials Quarterly
Total Revenue	88	47	31	20	17	29	50	113	20
Ebitda	-13	-35	-30	-13	-21	-18	-3	28	-12
Operating Income	-21	-34	-30	-15	-23	-20	-4	27	-12
Net Income	-16	-37	-39	-14	-22	-15	-2	26	-12
EPS	-0.10	-0.23	-0.24	-0.09	-0.14	-0.09	-0.01	0.16	-0.08
Key Financials TTM
Total Revenue TTM	186	115	97	115	208	211	-	-	-
Ebitda TTM	-91	-100	-82	-56	-14	-5	-	-	-
Operating Income TTM	-101	-102	-88	-62	-20	-9	-	-	-
Net Income TTM	-106	-112	-90	-53	-14	-3	-	-	-
Growth Rates Quarterly
Total Revenue Growth	431.0%	64.4%	-37.9%	-82.2%	-15.7%	-	-	-	-
EBITDA Growth	40.0%	-94.4%	-856.8%	-146.6%	-74.5%	-	-	-	-
Operating Income Growth	7.7%	-72.1%	-594.6%	-155.7%	-86.7%	-	-	-	-
Net Income Growth	29.4%	-152.1%	-1827.3%	-154.0%	-83.0%	-	-	-	-
Margins Quarterly
EBITDA Margin	-14.5%	-74.8%	-96.3%	-65.2%	-128.1%	-63.2%	-6.3%	24.9%	-61.9%
Operating Income Margin	-24.5%	-71.0%	-97.6%	-75.3%	-140.7%	-67.9%	-8.7%	24.1%	-63.5%
Net Income Margin	-18.1%	-78.9%	-124.4%	-68.9%	-136.2%	-51.4%	-4.0%	22.7%	-62.7%
Cash & Debt
Total Cash	28	14	7	11	4	-	25	-	-
Total Debt	38	28	14	6	7	0	5	0	0
Net Debt / (Cash)	10	14	7	-5	2	-	-20	-	-
Cash Flows Quarterly
FCF from Operations	-13	-12	-20	-11	-11	-18	-14	29	-
Cash Flows TTM
FCF from Operations TTM	-56	-54	-60	-54	-13	-	-	-	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-57.1%	-106.2%	-118.1%	-76.9%	-149.7%	-	-30.9%	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-67.0%	-80.6%	-86.0%	-71.1%	-21.3%	-	-	-	-

	1M	2M	3M	6M	1Y	3Y
Beta	-4.92	-1.97	15.85	2.81	-5.64	9.11
Up Beta	35.41	-10.50	-27.21	-7.05	1.35	-3.70
Down Beta	-39.63	-20.52	6.51	-3.64	0.70	14.39
Up Capture	251%	111%	79%	19%	9%	1%
Bmk +ve Days	13	23	35	74	144	420
Stock +ve Days	4	4	4	4	4	4
Down Capture	2335%	836%	638%	184%	108%	68%
Bmk -ve Days	8	19	29	52	107	330
Stock -ve Days	9	9	9	9	9	9

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	693,817
Short Interest: % Change Since 9302025	440.8%
Average Daily Volume	1,810,302
Days-to-Cover Short Interest	1
Basic Shares Quantity	160,674,690
Short % of Basic Shares	0.4%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8132025	10-Q 6/30/2025
12312024	8042025	424B3 12/31/2024
9302024	2142025	S-4/A 9/30/2024
12312023	11122024	S-4 12/31/2023

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Liljenquist Katie		5082025	Buy	32.76	6,105	200,000	308,304	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Angel Studios (ANGX)

Market Price (10/31/2025): $6.26 | Market Cap: $1.0 BilSector: Communication Services | Industry: Movies & Entertainment

Angel Studios (ANGX)

Market Price (10/31/2025): $6.26Market Cap: $1.0 BilSector: Communication ServicesIndustry: Movies & Entertainment

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Market Price (10/31/2025): $6.26 | Market Cap: $1.0 Bil
Sector: Communication Services | Industry: Movies & Entertainment

Market Price (10/31/2025): $6.26
Market Cap: $1.0 Bil
Sector: Communication Services
Industry: Movies & Entertainment