Andersen Group $ANDG Read from its own SEC filings · nothing written, nothing inferred

🫧 Edgar looked up Andersen Group Inc. ($ANDG). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-10-14. 8 event filings (8-K) in the past twelve months.

🔖 Exposure: revenue $838.7M (FY2025), total debt $350.1M. Experience: revenue up 14.6% on the year, up 14.5% a year over 2 years; operating margin -16.1%, down from 17.7%. Soundness: equity -23.8% of assets (liabilities exceed assets). Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $758.1M and $1.2B next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin -16.1% against a 7.9% median; growth 14.6% against 10.2%.

Next year, 80%$758M–$1.2B
Growth, on the year14.6%
Operating margin−16.1%
Equity of assets−23.8%
Andersen Group Inc. against its own record and its peers
Operating marginPeer median 7.9%-16.1%Revenue, on the yearPeer median 10.2%14.6%Equity of assetsPeer median 39.6%-23.8%Gold tick: the median of 67–67 peers with $50M+ revenue in services-business services, nec

Speed and cash · fiscal 2025

Cash Compass🌱 Cash cow later · growing fast, and already turning revenue into cash
Inside viewTurns 22.0% of revenue into operating cash; revenue growing 14.6% a year over three years; pays a dividend; liabilities exceed assets.
Outside viewAmong $100M-1B companies: 74th percentile for cash, 70th for growth. cash growth

Both views must agree for a label · a description, not advice.

Cash flow (op · inv · fin · free)$185M · $11M · −$33M · $174M
Investment book (cash · short · long)$250M · — · — · current ratio 2.10
Revenue swing · equity of assets0.1% · -23.8%

Andersen Group is growing faster than its size class, with steadier revenue. Its own audited SEC figures.

The figures, as filed

Fiscal year end2025-12-31
Revenue$839M
Revenue, on the year14.6%
Revenue, a year over the record14.5%
Operating margin−16.1%
Operating margin, prior year17.7%
Net margin−15.5%
Research and developmentnot filed separately
Total debt$350M
Equity of assets−23.8%
Return on equity—
Payout of profit—
Dividend per share—
Earnings per share—
Book value per share—
Revenue per share—
Shares outstanding—
Audited years read3

Peers: the median of 70 filers with $50M+ revenue in services-business services, nec.

Classic signals · fiscal 2025Altman Z″ -0.11 distress zone 1968Piotroski F 2 of 9 2 of 6 tested 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals -65.3% earnings backed by cash 1996DuPont ROE needs net income, revenue and two years of assets and equity

What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →

Health HarborAndersen Group sails as: Sound ship

Health watch · 12 monthsDirector or officer change ×3

Sailing speed follows growth: 14.6% a year crosses the harbor in 36 seconds.

🌊 Visit the Bay →
  • liabilities exceed assets (often from years of share buybacks, not always distress)

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners.