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Dec 31, 2021

ANGI Homeservices Q4 2021 Earnings Report

Angi Inc. reported a 16% increase in Q4 revenue, reaching $416 million.

Key Takeaways

Angi Inc. reported a 16% increase in revenue for Q4 2021, reaching $416 million. The company also recorded an income tax benefit of $8.8 million for an effective tax rate of 25%.

Q4 revenue increased 16% to $416 million.

The company recorded an income tax benefit of $8.8 million in Q4 2021.

Angi Inc. repurchased 1.0 million Class A common shares between November 4, 2021, and February 11, 2022.

Angi Inc. has 15.0 million shares remaining in its stock repurchase authorization.

Total Revenue
$416M
Previous year: $359M
+15.7%
EPS
-$0.05
Previous year: -$0.03
+66.7%
Gross Profit
$313M
Previous year: $309M
+1.4%
Cash and Equivalents
$428M
Previous year: $813M
-47.3%
Free Cash Flow
-$64M
Previous year: $383K
-16810.2%
Total Assets
$2.01B
Previous year: $2.37B
-15.0%

ANGI Homeservices

ANGI Homeservices

Forward Guidance

The live stream will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of IAC and Angi Inc.’s business.