ANDG · Andersen Group Inc. · Financials
10 customers — 5% of revenue (2025)
“our ten largest client groups combined accounted for approximately 5% of our revenue in each of 2025 and 2024”
20 customers — 10.5% of receivables (the year ended December 31, 2025)
“our 20 largest client groups accounted for 10.5% of total accounts receivable”
One customer — 1.5% of receivables (the year ended December 31, 2025)
“For the year ended December 31, 2025, our largest single client group in relation to outstanding accounts receivable accounted for 1.5% of total accounts receivable”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| $980M – $1B | $838.69M | $731.59M | $639.11M | |
| — | $176.73M | $131.95M | $114.66M | |
| — | $500K | $700K | $600K | |
| — | $9.01M | $8.33M | $7.69M | |
| — | $973.99M | $602.05M | $522.25M | |
| — | -$135.29M | $129.54M | $116.86M | |
| — | -16.13% | 17.71% | 18.28% | |
| — | -$126.29M | $137.87M | $124.55M | |
| — | $1.44M | $64K | $138K | |
| — | $4.17M | $4.52M | $2.66M | |
| — | $5.39M | $3.19M | $1.56M | |
| — | -$127.17M | $137.2M | $120.94M | |
| — | $3M | $2.4M | $2.26M | |
| — | -$2.32M | $134.8M | $118.68M | |
| — | -0.28% | 18.43% | 18.57% |
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 5 similar-size Personal Services companies (of 14 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Reportable Segment | $838,692,000 | $731,593,000 | $639,111,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| West Region | $353,253,000 | $323,613,000 | $288,153,000 |
| East Region | $325,914,000 | $272,348,000 | $235,931,000 |
| US Central Region | $159,525,000 | $135,632,000 | $115,027,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Private Client Services | $431,807,000 | $364,659,000 | $321,014,000 |
| Business Tax Services | $291,804,000 | $261,048,000 | $226,343,000 |
| Alternative Investment Funds | $72,914,000 | $68,922,000 | $58,888,000 |
| Valuation Services | $42,167,000 | $36,964,000 | $32,866,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Reportable Segment | -$135,293,000 | $129,544,000 | $116,859,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Reportable Segment | -16.1% | 17.7% | 18.3% |