Recent Updates — ANDG
Andersen Group Inc. reported second-quarter and six-month financial results for the period ended June 30, 2026. Revenue reached $217.7 million in Q2, up 23.7% year-over-year, while six-month revenue totaled $458.4 million, a 19.4% increase. The company reported a net loss of $10.1 million ($0.08 basic per share) for the quarter, driven by non-cash equity-based compensation expense that declined to $48.3 million from $129.6 million in the prior-year period. Adjusted net income rose 38.8% to $39.0 million. Andersen reaffirmed its full-year 2026 revenue guidance of approximately $980 million to $1 billion and adjusted EBITDA guidance of $225 million to $250 million. The company also announced the closing of several acquisitions in Ireland, New Zealand, Nigeria, Uruguay, Switzerland, and Canada during Q2 and Q3 2026. Andersen Group Inc. operates as a global provider of independent tax, valuation, and financial advisory services.
Andersen Group Inc. announced on June 25, 2026, that Andersen Tax LLC entered into a $50.0 million asset-based revolving credit facility with JPMorgan Chase Bank, N.A. The facility matures in three years and is secured by a first lien on all assets of the Loan Parties. Borrowing availability is based on an asset-based borrowing base, an 85% advance rate on eligible accounts receivable. The agreement includes a $5.0 million sublimit for letters of credit. Andersen Group Inc. operates in the professional services industry and provides tax and mobility services.