Thu, May 15, 3:28 PM (39 days ago)
**ANGEL STUDIOS, INC. (ANGEL) - Q1 2025 FINANCIAL HEALTH AND PERFORMANCE** **Revenue and Profit Margins:** - **Total Revenue:** $47.4 million (up 64% YoY) - Angel Guild: $34.7 million (up 644% YoY) - Theatrical: $7.7 million (down 8% YoY) - Content Licensing: $2.6 million (down 74% YoY) - Merchandise: $0.9 million (down 49% YoY) - Theatrical Pay it Forward: $0.7 million (new revenue stream) - Pay it Forward: $0.5 million (down 85% YoY) - Other: $0.2 million (down 17% YoY) - **Operating Loss:** $(33.7) million (up 72% YoY) - **Net Loss:** $(37.4) million (up 152% YoY) - **Loss per Share:** $(1.375) (up 131% YoY) **Cash Flow:** - **Net Cash Used in Operating Activities:** $(12.2) million (down 33% YoY) - **Net Cash Used in Investing Activities:** $(0.8) million (up 396% YoY) - **Net Cash Provided by Financing Activities:** $20.0 million (up 230% YoY) - **Cash and Cash Equivalents:** $14.2 million (up 97% YoY) **Earnings Changes:** - **Revenue Growth:** Driven by Angel Guild membership growth (1,077,497 members) - **Operating Loss Increase:** Due to higher selling and marketing expenses ($52.2 million, up 140% YoY) - **Net Loss Increase:** Due to loss on digital assets ($3.3 million) and higher interest expense ($1.6 million) **Quarterly Performance Discussion:** - **Revenue Growth:** Angel Guild membership growth offset by decreases in content licensing and Pay it Forward revenue. - **Operating Loss:** Increased due to higher selling and marketing expenses. - **Net Loss:** Increased due to loss on digital assets and higher interest expense. **Trends and Uncertainties:** - **Angel Guild Growth:** Continued growth expected with new content and marketing optimization. - **Content Licensing:** Future revenue uncertain due to dependence on successful film and TV shows. - **Digital Assets:** Volatility in bitcoin value poses risks to financial stability. - **Legal Proceedings:** Ongoing litigation could impact financial condition. **Future Operations Impact:** - **Revenue Growth:** Expected from Angel Guild memberships and theatrical releases. - **Expenses:** Selling and marketing expenses to remain high due to content and membership growth. - **Cash Flow:** Financing activities to continue funding operating capital shortfalls. **Ticker:** No ticker provided in the text.