other material
confidence high
sentiment neutral
materiality 0.65
Angi reports preliminary monthly trends through Dec 2021: total revenue up 16% YoY in December
Angi Inc.
- Preliminary Dec 2021 YoY: Total Revenue +16%, Angi Services +101%, Ads and Leads flat.
- Angi Services revenue growth of 101% YoY in Dec driven by Total Home Roofing acquisition (July 1, 2021).
- Dec 2021: Service Requests -3%, Monetized Transactions +4%, Transacting Pros -1%, Advertising Pros -4%.
- Data is preliminary and subject to change; financial close for Q4 2021 not yet completed.
- COVID-19 continues to cause volatility in monthly results and consumer behavior.