Event-Driven Stocks

Angel Studios, Inc.

Communication Services · Services-Motion Picture & Video Tape Production · DE · SEC filings ↗ · Compare ⊕

Signs● 1 good● 5 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22
Revenue$96.5M$202.4M$75.5M
Operating income−$86.6M$8.2M−$14.4M
Net income−$89.8M$9.2M−$13.7M
Total assets$98.5M$98.3M—
Total liabilities$94.7M$58.6M—
Equity$3.9M$39.7M$22.0M
EPS (diluted)$-3.48$0.35$-0.56
Shares out.27.0M25.0M24.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−89.7%
Net margin
−93.0%
Return on equity
−2331.4%
Return on assets
−91.1%
Return on capital (ROCE)
−468.8%
Liabilities / assets
96.1%
Debt / equity
24.58×
Book value / share
$0.14
Revenue growth (YoY)
−52.3%
Net income growth (YoY)
−1079.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
-10.97distress
Accruals / assets
−30.0%clean
Beneish M-Score
-4.30normal
Piotroski F-Score
1/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
32
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 1 severe● 5 warning● 1 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
1 acquisitions0 disposals1 open-market buy(s)net +6,105 shares · last 1
InsiderDateTypeSharesPrice
Liljenquist KatieDirectorMay 6, 2025Buy6,105$32.76

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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