# AMUNI FINANCIAL, INC. X-17A-5 (2026-05-29) — Broker-dealer annual report - Company: AMUNI FINANCIAL, INC. - Form: X-17A-5 - Filed: 2026-05-29 - Period: 2025-12-31 - Accession: 0000319401-26-000004 - CIK: 319401 - File #: 8-25338 - Type: Broker-dealer - Material weakness: No - Auditor: Hacker, Johnson, & Smith - Auditor location: Tampa, FL - Contact: Emily Ruth Knighton - Phone: 727-825-0522 - Email: emily@amuni.com - Website: amuni.com - Signed by: Emily Knighton (Senior Vice President) Original filing: https://www.sec.gov/Archives/edgar/data/319401/000031940126000004/public_amunifinancial2025.pdf --- {0}------------------------------------------------ ![](_page_0_Picture_1.jpeg) Audited Consolidated Financial Statements December 31, 2025 and For the Year Then Ended (Together with Independent Auditors' Report) {1}------------------------------------------------ #### **AMUNI FINANCIAL, INC.** #### **AUDITED FOCUS REPORT** #### **DECEMBER 31, 2025** | FACING PAGE
AFFIRMATION
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1
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3 | |---------------------------------------------------------------------------------------|-------------| | FINANCIAL STATEMENTS | | | CONSOLIDATED STATEMENT OF FINANCIAL CONDITION | 4 | | NOTES TO CONSOLIDATE FINANCIAL STATEMENTS | 5-11 | {2}------------------------------------------------ | | UNITED STATES | | OMBAPPROVAL | |------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------|---------|-------------------------------------------------| | | SECURITIES AND EXCHANGE COMMISSION | | 0MB Number: 3235-0123
Expires: Nov. 30, 2026 | | | Washington, D.C. 20549 | | Estimated average burden | | | | | hours per response: 12 | | ANNUAL REPORTS | | | SEC FILE NUMBER | | | FORM X-17A-5 | | 8-25338 | | | PART Ill | | | | | | | | | | FACING PAGE | | | | Information Required Pursuant to Rules 17a-5, 17a-12, and lSa-7 under the Securities Exchange Act of 1934 | | | | | | | | | | FILING FOR THE PERIOD BEGINNING O 1/01/2025 | | | AND ENDING 12/31/2025 | | | MM/DD/YY | | MM/DD/VY | | | A. REGISTRANT IDENTIFICATION | | | | NAMEOFFIRM: Amuni Financial, Inc. | | | | | TYPE OF REG ISTRANT (check all applicable boxes): | | | | | D Security-based swap dealer
D Major security-based swap participant
0 Broker-dealer
D Check here if respondent is also an OTC derivatives dealer | | | | | ADDRESS OF PRINCIPAL PLACE Of BUSINESS: (Do not use a P.O. box no.) | | | | | | | | | | 720 Second Avenue South | | | | | | (No. and Street) | | | | Saint Petersburg | FL | | 33701 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | | | | Emily Knighton | 727-825-0522 | | emily@amuni.com | | {Name) | (Area Code - Telephone Number) | | (Email Address) | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
Hacker, Johnson, & Smith | | | | | | (Name - if individual, state last, first, and middle name) | | | | 500 N Westshore Blvd., Ste 1000 | Tampa | FL | 33609 | | (Address) | (City) | (State) | (Zip Code) | | 09/23/2003 | | 400 | | | (rte of Registration with PCAOB)(if applicable) | | | (PCAOB Registration Number, ff applicable)! | | FOR OFFICIAL USE ONl Y | | | | | | | | | | * daims for exemption from the requirement that the annual reports be covered by the reports of an independent public | | | | | | | | | accountant must be supported by a statement of facts and circumstances relied on as the basis of the exempt ion. See 17 CFR 240.17a-5(e)(1)(ii), if applicable. #### **Persons who are t,o respond to the collection of information contained** in **this form are not required to respond unless the form displays a currently valid 0MB control number.** {3}------------------------------------------------ #### **OATH OR AFFIRMATION** | I, Emily Knighton | | | swear {or affirm) that, to the best of my knowledge and belief, the | |------------------------------------------------------------------|-------|------------|-----------------------------------------------------------------------------------| | financial report pertaining to the firm of Amuni Financial, Inc. | | | as of | | December 31 | 2~ | | is true and correct. I further swear (or affirm) that neither the company nor any | | partner, officer, director, or equi | t per | | s the case may be, has any proprietary interest in any account classified solely | | as that of a customer. | | | | | | | Signature: | | | | | Title: | | Senior Vice President **This filing\*\* contains (check all applicable boxes):** - ~ (a) Statement of financial condition. - ~ (b) Notes to consolidated statement of financial condition. - □ (c) Statement of income {loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income {as defined in§ 210.1-02 of Regulation 5-X). - □ (d) Statement of cash flows. - □ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - □ (f) Statement of changes in liabilities subordinated to claims of creditors. - □ (g) Notes to consolidated financial statements. - □ (h) Computation of net capita1 1 under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - D {i) Computation of tangible net worth under 17 CFR 240.18a-2. - D U) Computation for determination of customer reserve requirements pursuant t o Exhibit A to 17 CFR 240.15c3-3. - □ **{k)** Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - □ {I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - □ {m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - D (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p){2) or 17 CFR 240.18a-4, as applicable. - ~ {o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - □ {p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - □ (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - □ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - □ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (t) Independent public accountant's report based on an examination of the statement of financial condition. - ~ (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-S, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - D (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - □ (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - □ (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - □ (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). □ (z) Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ - - \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e}{3} or 17 CFR 240.18a-7{d}{2), as applicable. {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) **HACKER, JOHNSON & SMITH PA** Fort Lauderdele O rlando Ta mpa ![](_page_4_Picture_3.jpeg) **PUBLIC** #### **Report of Independent Registered Public Accounting Firm** To the Stockholders of Amuni Financial, Inc. St. Petersburg, Florida #### **Opinion on the Statement of Financial Condition** We have audited the accompanying consolidated statement of financial condition of Amuni Financial, Inc. and Subsidiary (the "Company") as of December 31 , 2025, and the related notes (collectively referred to as the financial statements). In our opinion, the consolidated financial statement present fairly, in all material respects, the financial position of the Company as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These consolidated financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. **Lh** ~ *)-1-,r-J..:t:-* /Ir HACKER, JOHNSON & SMITH PA We have served as Amuni Financial, Inc.'s auditor since 1980. Tampa, Florida February 27, 2026 500 North Westshore Boulevard, Post Ottice Box 20368, Tampa, Florida 33622-0368, (8 13) 286-2424 A Registered Public Accounting Firm {5}------------------------------------------------ **PUBLIC** #### **Consolidated Statement of Financial Condition** #### **December 31, 2025** #### **Assets** | Cash, including interest-bearing deposits of\$ 433
,761 | \$549,570 | |------------------------------------------------------------|----------------| | Receivable from clearing organization | 35,957 | | Securities owned, at fair value | 44,805,951 | | Accrued interest receivable | 478,433 | | Premises and equipment, net | 636,821 | | Receivables from non-customers | ,360
31 | | Right of use asset | 102,915 | | Other assets | 350,618 | | Total | \$ 46,991,625 | | Liabilities and Stockholders' Equity | | | Liabilities: | | | Accounts payable | 142,921 | | Payable to clearing organization | ,626
131 | | Payable to clearing broker | 32,901
,718 | | Note payable | 505
,073 | | Lease liability | 102,915 | | Accrued expenses and other liabilities | 2,647,578 | | Total liabilities | 36,431,831 | | Commitments and contingencies (Notes 12 and 13) | | | Stockholders' equity: | | | Common stock, \$.10 par value (authorized | | | 75,000 shares; 6,633 issued and outstanding) | 663 | | Additional paid-in capital | 333,600 | | Retained income | 10,225,531 | | Tota'.l stockholders' equity | 10,559,794 | | Total | \$ 46,991,625 | See accompanying Notes to Consolidated Financial Statements. {6}------------------------------------------------ **PUBLIC** #### **Notes to Consolidated Financial Statements** #### **December 31, 2025** #### **(1) Summary of Significant Accounting Policies** - Amuni Financial, Inc., (the "Company") is a securities broker/dealer headquartered in St. Petersburg, Florida with a branch office in Little Rock, Arkansas. The Company is a retail securities dealer and market maker operating primarily in the United States of America. The Company also owns a transportation company, 8365 Transport, LLC. The following items comprise the significant accounting policies which the Company follows in preparing and presenting its consolidated financial statements: - Management has evaluated all significant events occurring subsequent to the balance sheet date through February 27, 2025, which is the date the consolidated financial statements were available to be issued, determining no events require additional disclosure in the consolidated financial statements. - *Basis of Presentation.* The accompanying consolidated financial statements include the accounts of Amuni Financial, Inc. and 8365 Transport, LLC. All significant intercompany accounts and transactions have been eliminated in consolidation. - *Estimates.* The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. - *Revenue Recognition.* The Company clears its proprietary and customer transactions through another broker-dealer on a fully disclosed basis. The following summarizes the Company's revenue recognition accounting policies: - *Principal Transactions.* Commission income and expense on principal transactions represent revenues earned from the sale of securities owned to customers and unrealized gains and losses from securities owned. Income and expenses related to principal transactions are recorded on a trade date basis (the date that the Company fills the trade order by finding and contracting with a counterparty and confirms the trade with the customer). Management believes that the performance obligation is satisfied on the trade date because the underlying financial instrument is identified, the pricing is agreed upon and the risks and rewards of ownership have been transferred to the customer. - *Investment Advisory Fees.* The Company provides investment advisory services on a daily basis. The Company believes the performance obligation for providing advisory services is satisfied over time because the customer is receiving and consuming the benefits as they are provided by the Company. Fee arrangements are based on a percentage applied to the customer's assets under management. Fees are received quarterly and are recognized as revenue at that time as they relate specifically to the services provided in that period, which are distinct from the services provided in other periods. {7}------------------------------------------------ ![](_page_7_Picture_1.jpeg) #### **Notes to Consolidated Financial Statements, Continued** #### **(1) Summary of Significant Accounting Policies,** *Continued Revenue Recognition, continued.* - *Brokerage Commissions.* The Company buys and sells securities on behalf of its customers. Each time a customer enters into a buy or sell transaction, the Company charges a commission. Commissions and related clearing expenses are recorded on the trade date. The Company believes that the performance obligation is satisfied on the trade date because the underlying financial instrument or purchases is identified, the pricing is agreed upon and the risks and rewards of ownership have been transferred to/from the customer. - *Trail Commissions.* The Company receives payments from mutual fund and insurance companies in the form of distribution and/or service fees (12b-1 fees), trail commissions or renewal commissions, which are fully described in the applicable prospectus or offering document. Trail commissions are typically paid from the assets of the investment product and the amount is calculated as an annual percentage of assets invested by the Company's customers. The Company believes the performance obligation for providing advisory services is satisfied over time because the customer is receiving and consuming the benefits as they are provided by the Company. - *Securities Owned.* Securities owned are carried at fair value. Unrealized gains and losses on securities owned are reflected currently in principal transactions. - *Receivables from broker-dealers and clearing organizations.* The Company's receivables from broker-dealers and clearing organizations include amounts receivable from unsettled trades executed on behalf of customers, amounts receivable for securities failed to deliver, accrued interest receivables and cash deposits. A portion of the Company's trades and contracts are cleared through a clearing organization and settled daily between the clearing organization and the Company. Because of this daily settlement, the amount of unsettled credit exposures is limited to the amount owed the Company for a very short period of time. - *Depreciation and Amortization.* Depreciation is provided using accelerated methods over the estimated useful lives of the assets. Leasehold improvements are amortized over the lesser of the economic useful life of the improvement or the term of the lease - *Income Taxes.* The stockholders of the Company have elected to be taxed as an S-Corporation. For federal and state income tax purposes, all items of income and expense flow through to its stockholders, therefore no provision for income taxes is reflected in these consolidated financial statements. GAAP sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than fifty percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. {8}------------------------------------------------ ## **Notes to Consolidated Financial Statements, Continued** ## **(1) Summary of Significant Accounting Policies, Continued** *Income Taxes, Continued.* The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management's judgment. The Company's status as an S-Corporation is defined as a tax position under this accounting guidance. As of December 31, 2025, management is not aware of any uncertain tax positions that would have a material effect on the Company's consolidated financial statements. The Company recognizes interest and penalties on income taxes as a component of income tax expense, should such an expense be realized. The Company files a U.S. Income Tax Return for an S-Corporation. - *Fair Value Measurements.* Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The hierarchy describes three levels of inputs that may be used to measure fair value: - Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. - Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable. Valuations may be obtained from, or corroborated by, third-party pricing services. - Level 3: Unobservable inputs to measure fair value of assets and liabilities for which there is little, if any market activity at the measurement date, using reasonable inputs and assumptions based upon the best information at the time, to the extent that inputs are available without undue cost and effort. The following describes valuation methodologies used for assets measured at fair value- *Securities Owned.* Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include exchange-traded equities. State and municipal obligations are valued using the Electronic Municipal Market Access system from the Municipal Securities Rulemaking Board. Corporate obligations are valued using the Trade Reporting and Compliance Engine from the Financial Industry Regulatory Authority. The price from the last "inter-dealer" trade of the year is generally the fair value. Because this is not an active market, but has significant other observable inputs, their securities are classified with Level 2 of the valuation hierarchy. {9}------------------------------------------------ ![](_page_9_Picture_1.jpeg) ## **Notes to Consolidated Financial Statements, Continued** # **(2) Receivable from Clearing Organization** The receivable from Clearing Organization consists of cash on deposit with the Company's clearing broker. ## **(3) Premises and Equipment** A summary of premises and equipment at December 31 , 2025 is as follows: | Furniture and equipment
Leasehold improvements | ,294,351
\$1
148,475 | |---------------------------------------------------|----------------------------| | Total, at cost | 1,442,826 | | Less accumulated depreciation and amortization | (806,005) | | Premises and equipment, net | \$636,821 | #### **(4) Leases** The Company recognizes operating lease right-of-use assets and operating lease liabilities based on the present value of the future minimum lease payments at the adoption date of the lease. If the lease does not provide implicit rates, the incremental borrowing rate is used in determining the present value of future payments. Lease agreements that have lease and non lease components, are accounted for as a single lease component. Lease expense is recognized on a straight-line basis over the lease term. The Company's operating lease obligation is for the Company's various locations used to conduct operations. Some of the leased locations have options to extend the leases. The components of lease expense and other lease information are as follows ( dollars in thousands): | | During the year ended
December 31, 2025 | |--------------------------------------------------|--------------------------------------------| | Operating Lease Expense Recognized | \$ 140,413 | | Cash paid for amounts included in measurement of | \$ 140,413 | | lease liabilities | At December 31, 2025 | | Operating lease right-of-use assets | \$ 102,915 | | Operating lease liabilities | \$102,915 | | Weighted-average remaining lease term | 1 year | | Weighted-average discount rate | 9.00% | {10}------------------------------------------------ #### **Notes to Consolidated Financial Statements, Continued** #### ( **4) Leases,** *continued* Future minimum lease payments under non-cancellable leases, reconciled to the Company's discounted lease liabilities are as follows: | | At December 31, 2025 | |-------------------------------------|----------------------| | | | | 2026 | 108,000 | | Total future minimum lease payments | 108,000 | | Less imputed interest | (5,085) | | Total operating lease liabilities | \$
102.915 | The Company's St. Petersburg, Florida office is leased from a related party. Rent expense was \$140,413 during the year ended December 2025, and included \$108,000 paid to related parties. #### **(5) Securities Owned** Securities owned measured at fair value on a recurring basis are summarized below: | | | Fair Value Measurements Using | | | |---------------------------------|---------------|-------------------------------|-------------|--------------| | | | Quoted Prices | | | | | Fair | In Active | Significant | | | | Value | Markets for | Other | Significant | | | As of | Identical | Observable | Unobservable | | | December 31, | Assets | Inputs | Inputs | | | 2025 | (Level 1) | (Level 2) | (Level 3) | | Securities owned: | | | | | | State and municipal obligations | \$ 44 805 951 | | 44,805.951 | | #### **(6) Payable to Clearing Organization** The Company settles expenses with its clearing organization monthly. The Company holds cash in an account with the clearing organization to offset the expenses. At December 31 , 2025, the expenses due to the clearing firm exceeded the cash available resulting in a payable to the clearing organization. The Company cleared the payable with the clearing organization on January 2, 2026. #### **(7) Payable to Clearing Broker** The Company has a margin account with a clearing broker. The clearing broker funds a portion of securities purchased by the Company. The percentage of the purchases funded depends on the underlying security. Interest corresponds to the federal funds rate. At December 31, 2025, \$32,901,718 had been advanced to purchase securities. At December 31, 2025, this account is collateralized by securities owned with a carrying value of \$44,805,951. {11}------------------------------------------------ # **Notes to Consolidated Financial Statements, Continued** # **(8) Employee Benefit Plan** The Company offers a 401 (k) Profit Sharing Plan, which is available to employees who have completed six months of service and have attained age twenty-one. The Company's contributions to the Plan are discretionary and are determined annually. For the year ended December 31 , 2025 the Company contributed approximately \$145,000. # **(9) Credit Facility** The Company has a revolving credit facility which provides up to **\$1** million of available borrowings. As of December 31 , 2025 , no amounts were outstanding on the credit facility. The line of credit bears interest payable monthly at a variable rate corresponding to an independent index which is the US Prime Rate as listed in the Money Rates section of the Wall Street Journal. The line of credit matures on demand. # **(10) Note Payable** Note Payable is as follows: | | At Decem her 31, 2025 | |---------------------------------------------|-----------------------| | Note payable to bank, fixed rate; | | | amortized over 20 years beginning | | | August 16, 2021 and maturing July 16, 2041. | \$ 505.073 | Minimum payments required on the above note payable are as follows: | 2026 | 24,317 | |------------|------------| | 2027 | 25,245 | | 2028 | 26,208 | | 2029 | 27,209 | | 2030 | 28,248 | | Thereafter | 373,846 | | | | | Total | \$ 505,073 | Note payable is collateralized by certain equipment of the Company. #### **(11) Net Capital Requirements** Pursuant to the rules of the Securities Exchange Act of 1934, the Company is required to maintain net capital. Aggregate indebtedness must not exceed net capital as those terms are defined by 1,500% of its net capital. At December 31 , 2025, the Company's minimum net capital requirement was \$228,480. The Company's net capital computed in accordance with the Rule of the Commission amounted to \$6,470,575 and the percentage of aggregate indebtedness to net capital was 53%. {12}------------------------------------------------ ![](_page_12_Picture_1.jpeg) ### **Notes to Consolidated Financial Statements, Continued** #### **(12) Commitments and Contingencies** Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will not have a material effect on the Company's consolidated financial statements. ## **(13) Financial Instruments with Off-Balance-Sheet Risk** In the normal course of business, the Company's customer activities involve the execution, settlement, and financing of various securities transactions. These activities may expose the Company to off-balance-sheet risk in the event the customer or other broker is unable to fulfill its contracted obligations and the Company has to purchase or sell the financial instrument underlying the contract at a loss. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.