secwatch.observer — SEC 8-K summary
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Issuer:     Andersen Group Inc. (ANDG)
CIK:        0002065708
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001193125-26-110698
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersen FY2025 revenue record $838.7M (up 14.6%); net loss $130M from IPO costs; guides FY2026 rev $955-970M
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- Full-year 2025 revenue $838.7M (+14.6% YoY); Q4 revenue $170.3M (+19.6% YoY).
- GAAP net loss $130.2M (2025) vs net income $134.8M (2024) due to IPO expenses; adjusted net income $217.0M vs $136.4M.
- 2026 guidance: revenue $955M-$970M (14-15% growth); adjusted EBITDA $213M-$220M (margins 22-23%).
- IPO completed Dec 2025: 12.65M shares at $16, net proceeds $188.2M.
- Client groups up 5.6% to 12,350; employees 2,296; attrition 14.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2065708/000119312526110698/0001193125-26-110698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2065708/000119312526110698/d52201d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-110698

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer