earnings
confidence high
sentiment negative
materiality 0.80
Angi Q4 revenue +16% to $416M; operating loss widens to $28.9M, EBITDA turns negative
Angi Inc.
2021-FY EPS reported
-$0.14
revenue$1,685,438,000
- Q4 revenue $416M (+16% YoY); net loss $26M ($0.05 diluted EPS) vs $14.5M loss in Q4 2020.
- Adjusted EBITDA -$3.3M in Q4, down from +$42M in Q4 2020, due to brand consolidation and Angi Services investment.
- Angi Services revenue $113M (+116% YoY), now 27% of total; Angi Ads & Leads revenue $285M (-2% YoY).
- Full-year 2021 Free Cash Flow -$64M vs +$136M in 2020; repurchased 1.0M shares at avg $7.80.
- Operating loss $28.9M in Q4 vs $4.7M in Q4 2020; stock-based comp fell to $8.3M from $28.6M.