Added to YB: 2025-07-09
Pitch date: 2025-07-06
ANGI [bullish]
Angi Inc.
-57.35%
current return
Author Info
Company Info
Angi Inc. connects home professionals with consumers in the United States and internationally. The company provides consumers with tools and resources to help them find local, pre-screened and customer-rated professionals, and refers consumers to independently established home professionals; and connects consumers with professionals in various service categories in its nationwide network through digital marketplace and certain third-party affiliate platforms.
Market Cap
$259.9M
Pitch Price
$16.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.76
P/E
6.89
EV/Sales
0.48
Sector
Interactive Media and Services
Category
turnaround
IAC Spin-Off Completed - Angi is Back with its First Figures as an Independent Company
ANGI: Q1'25 shows turnaround progress post-IAC spinoff. Rev -19% YoY to $246M as planned, but op profit +640% to $20M. Shifting from lead volume to quality jobs, cutting Google dependence (80% own channels now). Margins up (94% gross) with lower marketing costs. 2026 return to growth expected. EV/S 0.8x, P/E 16x, EV/FCF 11x. Upside if quality focus works vs Thumbtack.
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