Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.19B | 1.36B | 1.89B | 1.69B | 1.47B | Gross Profit |
1.13B | 1.30B | 1.45B | 1.36B | 1.29B | EBIT |
21.89M | -26.50M | -100.30M | -76.51M | -5.15M | EBITDA |
128.90M | 93.49M | 16.85M | 4.67M | 90.37M | Net Income Common Stockholders |
36.00M | -40.94M | -127.98M | -70.49M | -4.16M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
416.43M | 364.04M | 321.15M | 428.14M | 862.70M | Total Assets |
1.83B | 1.86B | 1.91B | 2.01B | 2.37B | Total Debt |
509.66M | 565.39M | 512.19M | 494.55M | 712.28M | Net Debt |
93.23M | 201.35M | 191.04M | 66.42M | -100.43M | Total Liabilities |
767.93M | 811.71M | 856.40M | 864.61M | 1.06B | Stockholders Equity |
1.06B | 1.04B | 1.05B | 1.13B | 1.27B |
Cash Flow | Free Cash Flow | |||
105.45M | 57.06M | -89.28M | -64.01M | 135.93M | Operating Cash Flow |
155.94M | 104.84M | 27.07M | 6.21M | 188.42M | Investing Cash Flow |
-50.41M | -46.23M | -116.09M | -45.07M | -103.95M | Financing Cash Flow |
-53.76M | -16.98M | -17.23M | -345.17M | 337.05M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
82 Outperform | $838.11M | 22.57 | 32.17% | ― | 113.43% | ― | |
76 Outperform | $2.23B | 18.10 | 17.79% | ― | 5.61% | 37.61% | |
59 Neutral | $13.74B | 7.33 | -2.74% | 3.82% | 2.18% | -37.91% | |
59 Neutral | $539.44M | 15.81 | 5.05% | ― | -17.69% | ― | |
59 Neutral | $359.76M | 25.25 | -1.00% | ― | 8.80% | -91.33% | |
51 Neutral | $673.27M | 35.54 | -9999.00% | ― | -4.34% | 20.50% | |
46 Neutral | $575.13M | ― | -19.38% | ― | 13.27% | 34.93% |
On May 6, 2025, Angi Inc. reported its first quarter results as an independent company, highlighting a 19% decline in revenue to $245.9 million compared to the previous year. Despite the revenue drop, operating income rose significantly to $20 million, and the company implemented strategic changes such as a new sales organization and homeowner choice model. Angi also announced a new 5 million share repurchase authorization and completed a 1-for-10 reverse stock split in March 2025. The company introduced new metrics to better reflect its core activities and customer behaviors, indicating a shift towards proprietary channels and a focus on maintaining a robust Pro network.
Spark’s Take on ANGI Stock
According to Spark, TipRanks’ AI Analyst, ANGI is a Neutral.
Angi’s overall score reflects a mixed financial performance with recent improvements, weighed down by a bearish technical outlook and uncertainties from recent corporate events. The company’s valuation is reasonable, but the lack of a dividend yield and short-term revenue challenges temper the overall score.
To see Spark’s full report on ANGI stock, click here.
On February 18, 2025, Angi Inc. announced significant leadership changes impacting its executive team. Chief Technology Officer Kulesh Shanmugasundaram will resign effective March 31, 2025, with a transition agreement ensuring a smooth handover. David Fleischman will transition from Chief Product Officer to Chief Experience Officer, and Kris Boon will be appointed as the new Chief Product Officer, effective March 31, 2025. These changes are aimed at strengthening the company’s leadership as it continues to adapt to the evolving home services market.
Angi Inc. reported a decrease in revenue by 11% year-over-year to $267.9 million for Q4 2024, with operating income dropping 72% to $2 million and Adjusted EBITDA falling 23% to $32 million. These declines were primarily due to reduced consumer marketing expenses and fewer service requests, despite a growth in international revenue and an increase in Ads and Leads operating income by 21%. Angi is set to be spun off by IAC, with the transaction expected to close in the first half of 2025, and Joey Levin has been appointed as Executive Chairman, marking a significant shift in the company’s strategic direction.