Filing Flows › Angel Studios (ANGX) › Q4 2024
Angel Studios (ANGX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Angel Studios (ANGX) reported revenue of $31.0M for the fourth quarter 2024 (Q4 2024) and +54% from the quarter before. Operating margin was -2.1%, net loss $3.4M (10.9% of revenue).
Angel Studios, Q4 2024: revenue $31.0M, operating margin -2.1%, net loss $3.4M, operating cash flow −$424K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $31.0M | +54% | — |
| Operating profit | −$648K | — | — |
| Net earnings | −$3.4M | — | — |
| Operating cash flow | −$424K | — | — |
What changed
Revenue was $31.0M in Q4 2024, up 54% from the previous quarter.
Operating costs exceeded revenue by $648K, an operating margin of -2.1%. The quarter ended with a net loss of $3.4M, narrower than the previous quarter's $13.9M loss. Net interest and other expense of $2.7M was the main reason.
Operating cash flow was −$424K. Non-cash charges added back $7.1M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $5.7M.
Questions
What was Angel Studios' revenue in the fourth quarter 2024?
Angel Studios (ANGX) reported revenue of $31.0M for the fourth quarter 2024 (Q4 2024) and +54% from the quarter before.
Was Angel Studios profitable in the fourth quarter 2024?
Operating loss was $648K (-2.1% of revenue) and net loss $3.4M.
Source: Angel Studios 10-K on SEC EDGAR.