Andersen Group Inc. ANDG
Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.
We are a leading provider of independent tax, valuation and financial advisory services to individuals and family offices, businesses and institutional clients in the United States. We have strategically expanded our business to build an integrated platform of service offerings that enables us to solve our clients' most complex tax and financial challenges. We have achieved this by delivering specialized technical expertise combined with practical advice, supported by our widely recognized and strong firm culture, integrated services offerings and global capabilities. Our global reach is facilitated through our membership in Andersen Global, a Swiss association of over 300 member and collaborating firms.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- West
- East
- Central
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| West | $353.3M | $323.6M | $288.2M |
| East | $325.9M | $272.3M | $235.9M |
| Central | $159.5M | $135.6M | $115.0M |
As the company reported it, from the “Revenue - Schedule of Disaggregation of Revenue By Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $838.7M | $731.6M | $639.1M | — |
| SG&A | $176.7M | $131.9M | $114.7M | — |
| Total operating expenses | $974.0M | $602.0M | $522.3M | — |
| Operating income | -$135.3M | $129.5M | $116.9M | — |
| Interest expense | $1.4M | $64.0K | $138.0K | — |
| Pre-tax income | -$127.2M | $137.2M | $120.9M | — |
| Income tax | $3.0M | $2.4M | $2.3M | — |
| Net income | -$2.3M | $134.8M | $118.7M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $250.3M | $88.0M | $71.7M | $57.5M |
| Receivables | $123.4M | $117.8M | $109.1M | — |
| Total current assets | $412.0M | $246.4M | — | — |
| Goodwill | $30.1M | $30.1M | — | — |
| Other intangibles | $2.5M | $2.3M | — | — |
| Total assets | $565.1M | $398.7M | — | — |
| Accounts payable | $12.0M | $16.9M | — | — |
| Total current liabilities | $195.8M | $94.4M | — | — |
| Long-term debt | $350.1M | — | — | — |
| Total liabilities | $593.5M | $202.4M | — | — |
| Retained earnings | -$134.7M | — | — | — |
| Total equity | -$134.7M | — | — | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $184.6M | $152.3M | $118.1M | — |
| Depreciation and amortisation | $9.0M | $8.3M | $7.7M | — |
| Stock-based compensation | $147.4M | $0 | $0 | — |
| Capital expenditure | $10.3M | $8.6M | $4.9M | — |
| Investing cash flow | $10.6M | -$18.5M | -$12.6M | — |
| Financing cash flow | -$32.9M | -$117.6M | -$91.2M | — |
| Dividends paid | $212.2M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-128949.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $639.1M | $731.6M | $838.7M |
| Gross profit | — | — | — | — |
| Net income | — | $118.7M | $134.8M | -$2.3M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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