Trade ANGI Homeservices - ANGI CFD

ANGI Homeservices Company profile

About Angi Inc

Angi Inc. connects home service professionals with consumers across approximately 500 different categories, from repairing and remodeling homes to cleaning and landscaping. The Company operates through two segments. North America segment (United States and Canada), which includes Angi Ads, Angi Leads and Angi Services. Europe segment, which operate as Angi Ads operates under the Angi brand, Angi Leads operates under the HomeAdvisor, powered by Angi brand, and Angi Services operates under the Handy and Angi Roofing brands. The Company categorizes its services under two main areas. Angi Leads and Angi Ads, which include service professionals for consumer matches, service professionals under contract for advertising, and service professionals and consumers. Angi Services, which includes the consumer purchases services directly from the Company and the Company engages a service professional to perform the service, as well as services provided by Angi Roofing, LLC.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Angi Inc revenues increased 15% to $1.69B. Net loss increased from $6.3M to $71.4M. Revenues reflect North America segment increase of 15% to $1.6B, Europe segment increase of 14% to $82.9M, United States segment increase of 15% to $1.58B, All other countries segment increase of 18% to $104.4M. Higher net loss reflects North America segment loss totaling $63.3M vs. income of $4.8M.

Equity composition

Common Stock $0.001 Par, 11/11, 300M auth., 55,594,944 issd. Insiders own approx. 32%