A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 24% in the latest quarter vs a year ago
Sales up 15% last year
Watch out for
Owes more than it owns (negative equity)
Losing money
2 offering filings in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Institutions added 5.4% to their holdings in the quarter ending June 2026 (62 bought, 23 sold)
Held by George Soros (Soros Fund)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$64.19+1.3% that day
Company value
$851M
Share price times all shares
Price vs sales
1.0x
No profit over the last year, so this compares value with sales instead
Cash vs value
21%
Cash as a share of company value
Debt vs value
41%
Debt as a share of company value
From ANDG's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 4 quarters, from SEC filings
Sales, Jun '26
$217.7M
Mar '25Tap a barJun '26
Last 12 months: $842.5M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ANDG. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$1.1B
Profit in 5 years$108M
Price these guesses point to$121.62+89% vs $64.19 todayAbout +14% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 7.6% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/3Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.3%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$174.3M
Revenue
$838.7M
+14.6% vs prior year
Total debt
$350.1M
Current ratio
2.10x
short-term assets / bills due
Free cash flow
$174.3M
20.8% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12
Revenue
$217.7M
+23.7% YoY
EPS
-$0.09
Op. margin
-4.1%
+55.7 pts
Free cash flow
$60.6M
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.4%
Institutions added 5.4% to their holdings. 62 bought, 23 sold. 3 quarters of net buying in a row.
Shares held by institutions16.6M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
13M
Why elevated risk
Losing money
Owes more than it owns (negative equity)
3 offering filings in 6 months (may sell new shares)