Angel Studios, Inc. (ANGX)
NYSE: ANGX · Real-Time Price · USD
4.475
-0.065 (-1.43%)
Aug 25, 2026, 12:17 PM EDT - Market open

Angel Studios Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-155-170.48-88.2713.36-13.7117.12
Depreciation & Amortization
17.2214.248.56.271.050.25
Other Amortization
1.11.10.070.070.070.06
Loss (Gain) From Sale of Assets
------8.28
Loss (Gain) on Equity Investments
-0.35-0.27-0.07-0.01-0.07-0.01
Stock-Based Compensation
11.929.673.641.031.54.59
Provision & Write-off of Bad Debts
0.070.230.22.39--
Other Operating Activities
25.537.993.140.24.633.17
Change in Accounts Receivable
-9.56-35.127.7-19.343.25-9.24
Change in Inventory
-0.010.451.13-2.341.37-1.08
Change in Accounts Payable
12.4632.8713.464.75-12.9312.51
Change in Unearned Revenue
42.4444.3618.253.29-1.050.14
Change in Other Net Operating Assets
10.0211.63-19.065.524.22-3.97
Operating Cash Flow
-44.15-83.33-51.315.19-11.6615.26
Operating Cash Flow Growth
------

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-0.58-0.51-0.3-0.57-1.14-0.78
Divestitures
------0.88
Sale (Purchase) of Intangibles
-15.11-18.05-8.93-9.28--2.19
Investment in Securities
-33.68-36.8-5.5-1.72-1.75-0.95
Other Investing Activities
0.34-0.231.891.6-0.61-0.81
Investing Cash Flow
-57.23-55.59-12.84-9.96-3.5-5.61

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
----2-
Long-Term Debt Issued
-157.3423.7528.91--
Total Debt Issued
138.45157.3423.7528.912-
Short-Term Debt Repaid
--10.18---0.21-
Long-Term Debt Repaid
--67.05-18.44-26.75--
Total Debt Repaid
-104.52-77.23-18.44-26.75-0.21-
Net Debt Issued (Repaid)
33.9380.115.312.161.79-
Issuance of Common Stock
101.92104.7833.447.740.2612.94
Repurchase of Common Stock
-1.47-0.44-0.71-0.11-0.43-8.78
Other Financing Activities
-12.96-8.678.11-0.54--0.58
Financing Cash Flow
121.42175.7946.159.251.623.58

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
---00--
Net Cash Flow
20.0436.87-17.9914.48-13.5413.24

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-44.73-83.84-51.614.62-12.814.48
Free Cash Flow Growth
------
Free Cash Flow Margin
-10.82%-26.07%-53.46%7.22%-16.95%11.79%
Free Cash Flow Per Share
-0.26-0.54-0.370.10-0.530.59
Levered Free Cash Flow
8.14-45.14-39.365.43-12.93-
Unlevered Free Cash Flow
18.55-37.75-37.887.71-12.5-

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
10.867.812.373.590.50.52
Cash Income Tax Paid
-----2.082.35
Change in Working Capital
55.3654.1821.48-8.13-5.14-1.64