Angel Studios, Inc.

NYSE:ANGX Stock Report

Market Cap: US$624.5m

Angel Studios Management

Management criteria checks 1/4

Angel Studios' CEO is Neal Harmon, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $2.24M, comprised of 17.7% salary and 82.3% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth $88.74K. The average tenure of the management team and the board of directors is 0.7 years and 0.7 years respectively.

Key information

Neal Harmon

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage17.71%
CEO tenureless than a year
CEO ownership0.01%
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

Seeking Alpha May 10

Angel Studios: Strong Growth Trajectory Ahead

Summary You are paying Angel Studios, which will double its revenues in the next 3 years to just one time its 2026 revenues. A ~1 forward P/S ratio looks like a bargain compared to the industry, where forward P/S is at least double and the growth is less than half. I rate Angel Studios a 'Buy' even at current levels, reflecting a significant growth trajectory and a track record of formidable execution. The "hit-driven" nature of entertainment normally limits multiples, but Angel Studios' "Pay-It-Forward" model and engaged audience base provide unusual revenue visibility and stability. Read the full article on Seeking Alpha
Analysis Article Feb 04

Why We're Not Concerned Yet About Angel Studios, Inc.'s (NYSE:ANGX) 26% Share Price Plunge

To the annoyance of some shareholders, Angel Studios, Inc. ( NYSE:ANGX ) shares are down a considerable 26% in the last...
New Narrative Jan 22

Guild Expansion And Values Driven Content Will Power Long Term Upside Potential

Catalysts About Angel Studios Angel Studios operates an audience-first entertainment platform where paying Guild members help select, fund and promote values-based films and series released in theaters and on its streaming app. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 20

The Price Is Right For Angel Studios, Inc. (NYSE:ANGX) Even After Diving 28%

To the annoyance of some shareholders, Angel Studios, Inc. ( NYSE:ANGX ) shares are down a considerable 28% in the last...

CEO Compensation Analysis

How has Neal Harmon's remuneration changed compared to Angel Studios's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$147m

Dec 31 2025US$2mUS$397k

-US$170m

Sep 30 2025n/an/a

-US$129m

Jun 30 2025n/an/a

-US$104m

Mar 31 2025n/an/a

-US$111m

Dec 31 2024US$1mUS$304k

-US$88m

Sep 30 2024n/an/a

-US$53m

Jun 30 2024n/an/a

-US$14m

Mar 31 2024n/an/a

-US$3m

Dec 31 2023US$306kUS$299k

US$13m

Sep 30 2023n/an/a

US$11m

Jun 30 2023n/an/a

-US$17m

Mar 31 2023n/an/a

-US$10m

Dec 31 2022US$190kUS$181k

-US$14m

Compensation vs Market: Neal's total compensation ($USD2.24M) is below average for companies of similar size in the US market ($USD3.72M).

Compensation vs Earnings: Neal's compensation has increased whilst the company is unprofitable.


CEO

Neal Harmon (46 yo)

less than a year
Tenure
US$2,239,254
Compensation

Mr. Neal S. Harmon is Chief Executive Officer & Director of Angel Studios 001, Inc. from November 2, 2023. Mr. Harmon co-founded Angel Studios, Inc. and served as the Chief Executive Officer & Director of...


Leadership Team

NamePositionTenureCompensationOwnership
Neal Harmon
Co-Founderless than a yearUS$2.24m0.014%
$ 88.7k
Jordan Harmon
Presidentless than a yearUS$6.48m0.0046%
$ 29.0k
Jeffrey Harmon
Chief Content Officerless than a yearUS$2.30m0.014%
$ 88.2k
Scott Klossner
CFO & Treasurerless than a yearno datano data
Elizabeth Ellis
Chief Operating Officerless than a yearno data0.0028%
$ 17.6k
Jeanette Masters
Investor Relations Specialistno datano datano data
Eric Nickle
Chief Legal Officer & Corporate Secretary1.1yrsno datano data
Patrick Reilly
Senior Vice President of Financeless than a yearUS$503.79kno data
0.7yrs
Average Tenure
46yo
Average Age

Experienced Management: ANGX's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Neal Harmon
Co-Founderless than a yearUS$2.24m0.014%
$ 88.7k
Robert Gay
Independent Directorless than a yearUS$73.41k0.11%
$ 689.4k
Paul Ahlstrom
Independent Directorless than a yearUS$767.96k1.16%
$ 7.3m
Steven Sarowitz
Independent Directorless than a yearUS$73.41k0.18%
$ 1.1m
Stephen Oskoui
Board Observer1.8yrsno data0.029%
$ 179.2k
Katie Liljenquist
Independent Directorless than a yearUS$767.96k0.030%
$ 186.4k
Benton Crane
Directorless than a yearUS$73.41k0.11%
$ 687.7k
Trang Nguyen
Independent Directorless than a yearUS$73.41k0.0028%
$ 17.7k
0.7yrs
Average Tenure
46yo
Average Age

Experienced Board: ANGX's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 15:42
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Angel Studios, Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew CrumB. Riley Securities, Inc.
Ryan MeyersLake Street Capital Markets, LLC
Thomas ForteMaxim Group