Company Overview
Angel Studios, Inc. operates as a media and technology company focused on the production and distribution of films, television series, and licensed content for its streaming platform. The enterprise functions within the Communication Services sector, specifically the Entertainment industry, which positions it as a digital content provider targeting audiences of all ages. As of the latest data, the company possesses a market capitalization of $530.56M and generates $321.56M in annual revenue while employing 290 individuals. These financial figures indicate that the company holds a mid-cap valuation relative to the broader entertainment sector, operating with a significant workforce to support its content creation and distribution infrastructure.
Financial Health
The company reported a trailing twelve-month revenue of $321.56M, yet it recorded a net income of $-170,478,640 and an EBITDA of $-149,690,496, revealing a substantial gap between top-line growth and profitability driven by high operational expenses. This disparity between revenue and net income highlights a cost structure where operating costs, such as content acquisition and production, significantly erode pre-tax earnings before interest and taxes. Free cash flow stands at $-45,143,432, indicating that the company is currently consuming cash to fund its operations and content pipeline rather than generating liquidity for shareholder returns or debt reduction. The company holds $44.08M in cash against $100.51M in debt, creating a net debt position that requires careful management of its liquidity resources. While the debt-to-equity ratio is N/A, the presence of $100.51M in debt against limited cash reserves suggests a leveraged balance sheet that relies on future cash generation to service obligations. The current ratio is 0.62, which indicates that the company's short-term assets are insufficient to cover its short-term liabilities without relying on external financing or asset liquidation. Return on Equity is N/A due to the negative equity position, while Return on Assets is -58.1%, revealing that the company is currently destroying value relative to its asset base rather than generating returns for stakeholders.
Valuation Assessment
The trailing P/E ratio is N/A because the company is currently unprofitable, whereas the forward P/E is -8.03, suggesting that the market prices in future earnings potential despite current losses. The price-to-book ratio is -16.83, which indicates that the stock trades at a significant discount to its book value, a common characteristic for growth-oriented media companies with negative equity. The price-to-sales ratio is 1.65, and the EV/EBITDA stands at -3.96, providing alternative valuation metrics that emphasize the company's revenue generation capabilities over its current earnings performance. The stock has a 52-week high of $20.39 and a 52-week low of $2.97, meaning the current trading price sits at a level that reflects the recent volatility and uncertainty surrounding the company's profitability path. With a beta of 0.08, the stock exhibits extremely low price volatility relative to the broader market, behaving almost like a defensive asset despite its aggressive growth strategy in the entertainment space.
Growth & Income
The company demonstrates a revenue growth rate of 254.3% year-over-year, while earnings growth is N/A due to continued losses, implying that the top-line expansion is not yet translating into profitability. The dividend yield is N/A, and the payout ratio is 0.0%, indicating that the company does not distribute dividends to shareholders but instead retains all earnings to fund its expansion and content production. As a non-dividend payer, Angel Studios reinvests its capital directly back into the business to accelerate growth and capture market share within the streaming landscape. The overall growth and income profile for Angel Studios, Inc. is characterized by rapid revenue expansion coupled with significant cash burn and a complete absence of current income distributions to investors.