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Angel Studios (ANGX)

Earnings summaries and quarterly performance for Angel Studios.

Research analysts covering Angel Studios.

Recent press releases and 8-K filings for ANGX.

Angel Studios, Inc. Establishes $150 Million At-The-Market Equity Offering Program
ANGX
  • On December 5, 2025, Angel Studios, Inc. entered into an Equity Distribution Agreement with Oppenheimer & Co. Inc., TCBI Securities, Inc., Maxim Group LLC, and Roth Capital Partners, LLC.
  • This agreement allows the company to offer and sell shares of its Class A common stock with an aggregate offering price of up to $150,000,000 through an "at-the-market" equity offering program.
  • The Sales Agents will be compensated with a commission of up to 3.0% of the gross sales price per share for any shares sold through them.
1 day ago
Angel (ANGX) Accelerates International Rollout of Animated Musical David
ANGX
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Angel (ANGX) announced the accelerated international rollout of its animated musical David across 43 markets.
  • Domestic theatrical pre-sales for David have surged to nearly $6 million, outpacing any prior Angel theatrical release.
  • The film is scheduled for a U.S. release on December 19, 2025, with international releases commencing in December 2025 and extending into 2026 and 2027.
Nov 26, 2025, 3:32 PM
Angel Studios Announces Acquisition of Three Content Series Producers
ANGX
M&A
New Projects/Investments
  • Angel Studios, Inc. (ANGX) entered into definitive agreements on November 14, 2025, to acquire Tuttle Twins Show, LLC, Toothy Cow Productions, LLC (producer of The Wingfeather Saga), and Black Autumn Show, Inc. (producer of Homestead), which produce its highest-performing series.
  • The acquisitions will involve the issuance of Angel Common Stock to the equity holders of the acquired entities.
  • Angel has provided significant operational funding to two of the acquired entities prior to the mergers, including $10.05 million to Tuttle Twins Show, LLC, and $8.4 million to Toothy Cow Productions, LLC.
  • The mergers are subject to closing conditions such as shareholder approvals and the effectiveness of Form S-4 registration statements, with expected closing dates between March 14, 2026, and June 30, 2026.
Nov 20, 2025, 10:10 PM
Angel Studios Reports Strong Q3 2025 Revenue and Guild Membership Growth
ANGX
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Angel Studios reported Q3 2025 revenue of $76.5 million, a 280% increase year-over-year, and $211.6 million for the first nine months of 2025, up 223% from the prior year.
  • Guild membership reached 1.6 million as of September 30, 2025, representing over 500% year-over-year growth and a 19% sequential increase from Q2 2025. Guild revenue now accounts for 77% of total revenue.
  • The company posted a net loss of $38.6 million, or $0.25 per share, in Q3 2025, attributed to significant investments in guild growth and public listing expenses.
  • Angel Studios ended Q3 2025 with $63.3 million in cash and cash equivalents and has drawn $40 million from a $100 million credit facility.
  • Key strategic developments include the company's debut on the New York Stock Exchange, the $80 million acquisition of the David franchise, and the successful implementation of AI-driven discovery, which increased average watch time by 12%.
Nov 14, 2025, 4:00 PM
Angel Studios Acquires Three Strategic Franchises
ANGX
M&A
New Projects/Investments
  • Angel Studios, Inc. (ANGX) announced on November 14, 2025, the acquisition of three of its highest-performing series: Tuttle Twins, Homestead, and The Wingfeather Saga.
  • The total aggregate purchase consideration for these acquisitions was approximately $116.5 million, funded through a combination of cash and stock.
  • These series collectively generated more than four million hours of viewing and approximately 350 thousand new Angel Guild member acquisitions between December 2024 and September 2025.
  • The acquisitions are intended to strengthen Angel's control of its most successful original intellectual property and reinforce its vertically integrated, community-driven model.
Nov 14, 2025, 2:00 PM
Angel Studios, Inc. Reports Strong Q3 2025 Financial Results and Operational Growth
ANGX
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Angel Studios, Inc. reported record third quarter 2025 revenue of $76.5 million, marking a 280% year-over-year growth, with revenue for the nine months ended September 30, 2025, reaching $211.6 million.
  • The Angel Guild, the company's recurring revenue stream, contributed $59.2 million to Q3 2025 revenue, representing 77% of the total and growing 556% year-over-year. Membership in the Angel Guild expanded to 1.6 million members, an increase of 620% year-over-year.
  • The company reported a net loss of $38.6 million, or ($0.25) per share, for Q3 2025, primarily due to increased marketing and content-related expenses.
  • Angel Studios debuted on the New York Stock Exchange as 'ANGX' on September 11, 2025, and secured a $100 million credit facility. As of September 30, 2025, cash and cash equivalents stood at $63.3 million, with $34.5 million in Bitcoin holdings.
Nov 13, 2025, 9:10 PM
Angel Studios and 2521 Entertainment Acquire DAVID Franchise
ANGX
M&A
New Projects/Investments
Legal Proceedings
  • Angel Studios, Inc. and 2521 Entertainment, LLC have formed a joint venture, Giant Slayer Media LLC, to acquire the DAVID franchise from Slingshot USA, LLC.
  • The joint venture will acquire the intellectual property for US$77,917,158.92 in cash.
  • Angel's total initial capital contribution to the JV is US$33,708,962.51, comprising a cash contribution and a credit for previous investments, resulting in a 42% equity stake. 2521 Entertainment will contribute US$46,550,473.41 for a 58% equity stake.
  • The transaction includes the dismissal of a lawsuit by Slingshot against Angel Studios Licensing, LLC, and Angel (or an affiliate) will serve as the distributor for the acquired assets.
Oct 8, 2025, 8:15 PM
Angel Studios Completes Business Combination and Reports Q2 2025 Financials
ANGX
M&A
Debt Issuance
New Projects/Investments
  • Angel Studios, Inc. (formerly Southport Acquisition Corporation) completed its business combination with Angel Legacy, Inc. on September 10, 2025.
  • For the six months ended June 30, 2025, the company reported a net loss of approximately $53.3 million and used $24.7 million in cash from operating activities.
  • Cash and cash equivalents significantly increased to $27,999,679 as of June 30, 2025, from $7,211,826 at December 31, 2024.
  • Angel Guild paying members grew to 1.3 million, generating approximately $101.1 million in cash during the six months ended June 30, 2025.
  • Subsequent to June 30, 2025, the company secured $7.0 million in convertible promissory notes and initiated a Regulation A offering of up to $55.0 million in Class C Common Stock.
Sep 16, 2025, 8:11 PM

Quarterly earnings call transcripts for Angel Studios.