AS

Angel Studios

ANGX
NYSECommunication Services
$2.90
USD
-0.02(-0.68%)
At close: Jun 12, 20:00 UTC

Open

$2.94

Prev. Close

$2.94

High

$2.94

Low

$2.90

Market Snapshot

Market Cap

$16.79M

P/E Ratio

-0.2

Employees

290

Why ANGX moved

Angel Studios reported $321.56 million in revenue, indicating significant potential growth despite currently facing negative earnings in the entertainment industry.

About

Angel Studios, Inc. is a values-based distribution company for stories that amplify light to mainstream audiences. The company is headquartered in Provo, Utah and currently employs 290 full-time employees. The company went IPO on 2021-12-10. The firm is engaged in offering and producing its own films and series, distributing original films and series, releasing licensed films or shows, consulting with filmmakers, maintaining engagement with its existing users, conducting research and development to create new intellectual property, and devising new methods to monetize existing intellectual property. Its theatrical strategy combines Angel Guild’s predictive capabilities, which help the Company to decide what film and television projects the studio will market and distribute, and support the filmmakers who create films and series that amplify light. In addition, using its self-developed Theatrical Pay-it-Forward technology, the Company offers a community-based in-person cinema experience whereby, after experiencing a film in the theater, people have the opportunity to share that experience with others by purchasing tickets through the Angel App or on its Website.

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