Tax Firm Andersen Sees 12.4% Revenue Jump Ahead of US IPO

Andersen Group, a professional services firm, reported a 12.4% increase in revenue for the first half of 2025 in its filing for a U.S. initial public offering, according to Reuters. For the six months ending June 30, 2025, the company's revenue grew to $384.1 million. However, Andersen Group experienced a net loss of $45.4 million during this period, a significant shift from the prior year. In the same period of 2024, the tax and consulting firm had achieved a profit of $46.9 million on revenue of $341.6 million. This financial disclosure precedes Andersen's planned listing on the New York Stock Exchange, marking a notable IPO for a consulting firm.