◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

Angi Inc. CIK: 1705110 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001705110-22-000048
Period End Date 20220331
Filing Date 20220510
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance angi-20220331_htm.xml
Balance Sheet 61 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $37.81M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $36.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $777.04M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $428.14M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $391.29M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $812.71M USD Point-in-time
Accounts receivable, net of reserves of $37,813 and $36,360, respectively AccountsReceivableNetCurrent $100.04M USD Point-in-time
Accounts receivable, net of reserves of $37,813 and $36,360, respectively AccountsReceivableNetCurrent $84.39M USD Point-in-time
Other current assets OtherAssetsCurrent $67.65M USD Point-in-time
Other current assets OtherAssetsCurrent $70.55M USD Point-in-time
Total current assets AssetsCurrent $558.98M USD Point-in-time
Total current assets AssetsCurrent $583.07M USD Point-in-time
Treasury stock (shares) TreasuryStockShares 20.21M shares Point-in-time
Capitalized software, leasehold improvements and equipment, net PropertyPlantAndEquipmentNet $118.27M USD Point-in-time
Treasury stock (shares) TreasuryStockShares 19.17M shares Point-in-time
Capitalized software, leasehold improvements and equipment, net PropertyPlantAndEquipmentNet $138.03M USD Point-in-time
Goodwill Goodwill $913.38M USD Point-in-time
Goodwill Goodwill $916.04M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $189.82M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $193.83M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $122.69M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $131.24M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $76.25M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $73.37M USD Point-in-time
TOTAL ASSETS Assets $2.01B USD Point-in-time
TOTAL ASSETS Assets $2.00B USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $56.56M USD Point-in-time
Accounts payable AccountsPayableTradeCurrent $38.86M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $54.70M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $53.83M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $55.26M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $183.81M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $194.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $306.31M USD Point-in-time
Total current liabilities LiabilitiesCurrent $276.51M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $494.73M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $494.55M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.88M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $2.27M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $91.67M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $87.08M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.35B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.36B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-95.02M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-61.63M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.31M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.51M USD Point-in-time
Treasury stock, 20,211 and 19,167 shares, respectively TreasuryStockValue $158.04M USD Point-in-time
Treasury stock, 20,211 and 19,167 shares, respectively TreasuryStockValue $166.18M USD Point-in-time
Total Angi Inc. shareholders equity StockholdersEquity $1.10B USD Point-in-time
Total Angi Inc. shareholders equity StockholdersEquity $1.13B USD Point-in-time
Noncontrolling interests MinorityInterest $11.07M USD Point-in-time
Noncontrolling interests MinorityInterest $10.91M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.28B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $2.00B USD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $2.01B USD Point-in-time
Income Statement 38 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $387.03M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $436.16M USD 1 Quarter
Cost of revenue (exclusive of depreciation shown separately below) CostOfRevenue $99.00M USD 1 Quarter
Cost of revenue (exclusive of depreciation shown separately below) CostOfRevenue $53.83M USD 1 Quarter
Selling and marketing expense SellingAndMarketingExpense $225.80M USD 1 Quarter
Selling and marketing expense SellingAndMarketingExpense $205.84M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $88.16M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $109.66M USD 1 Quarter
Product development expense ResearchAndDevelopmentExpense $17.86M USD 1 Quarter
Product development expense ResearchAndDevelopmentExpense $18.05M USD 1 Quarter
Depreciation Depreciation $14.00M USD 1 Quarter
Depreciation Depreciation $15.97M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $3.80M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $5.07M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $386.92M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $470.12M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $109.00K USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-33.96M USD 1 Quarter
Interest expense InterestExpense $5.02M USD 1 Quarter
Interest expense InterestExpense $6.62M USD 1 Quarter
Nonoperating Income (Expense) NonoperatingIncomeExpense $-767.00K USD 1 Quarter
Nonoperating Income (Expense) NonoperatingIncomeExpense $-391.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-39.37M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-7.28M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-6.08M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-9.29M USD 1 Quarter
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-33.29M USD 1 Quarter
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.01M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $103.00K USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $83.00K USD 1 Quarter
Net (loss) earnings attributable to Angi Inc. Class A and Class B Common Stock shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-33.39M USD 1 Quarter
Net (loss) earnings attributable to Angi Inc. Class A and Class B Common Stock shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.93M USD 1 Quarter
Basic (loss) earnings per share (USD per share) EarningsPerShareBasic - USD 1 Quarter
Basic (loss) earnings per share (USD per share) EarningsPerShareBasic $-0.07 USD 1 Quarter
Diluted (loss) earnings per share (USD per share) EarningsPerShareDiluted $-0.07 USD 1 Quarter
Diluted (loss) earnings per share (USD per share) EarningsPerShareDiluted - USD 1 Quarter
Stock-based compensation expense AllocatedShareBasedCompensationExpense $12.98M USD 1 Quarter
Stock-based compensation expense AllocatedShareBasedCompensationExpense $2.03M USD 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-33.29M USD 1 Quarter
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.01M USD 1 Quarter
Provision for credit losses AccountsReceivableCreditLossExpenseReversalandRecovery $19.12M USD 1 Quarter
Provision for credit losses AccountsReceivableCreditLossExpenseReversalandRecovery $21.61M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $12.98M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $2.03M USD 1 Quarter
Depreciation Depreciation $14.00M USD 1 Quarter
Depreciation Depreciation $15.97M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $3.80M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $5.07M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-8.13M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-10.27M USD 1 Quarter
Impairment of long-lived and right-of-use assets ImpairmentOfLongLivedAssetsHeldForUse $22.00K USD 1 Quarter
Impairment of long-lived and right-of-use assets ImpairmentOfLongLivedAssetsHeldForUse $2.50M USD 1 Quarter
Non-cash lease expense LeaseExpenseNoncash $3.35M USD 1 Quarter
Non-cash lease expense LeaseExpenseNoncash $3.27M USD 1 Quarter
Revenue reserves AccountsReceivableRevenueReserveCreditLossExpenseReversal $1.51M USD 1 Quarter
Revenue reserves AccountsReceivableRevenueReserveCreditLossExpenseReversal $2.91M USD 1 Quarter
Other adjustments, net OtherNoncashIncomeExpense $-1.59M USD 1 Quarter
Other adjustments, net OtherNoncashIncomeExpense $215.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $37.76M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $34.64M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $2.70M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-1.93M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $20.60M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $8.80M USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-4.26M USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-4.45M USD 1 Quarter
Income taxes payable and receivable IncreaseDecreaseInAccruedIncomeTaxesPayable $1.91M USD 1 Quarter
Income taxes payable and receivable IncreaseDecreaseInAccruedIncomeTaxesPayable $938.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $2.99M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $1.39M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $15.35M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-735.00K USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $18.74M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $26.90M USD 1 Quarter
Proceeds from maturities of marketable debt securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $50.00M USD 1 Quarter
Proceeds from sale of fixed assets ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sale of fixed assets ProceedsFromSaleOfPropertyPlantAndEquipment $87.00K USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-26.82M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $31.26M USD 1 Quarter
Principal payments on Term Loan RepaymentsOfSecuredDebt - USD 1 Quarter
Principal payments on Term Loan RepaymentsOfSecuredDebt $6.88M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfEquity $4.92M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfEquity $8.14M USD 1 Quarter
Withholding taxes paid on behalf of employees on net settled stock-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $48.17M USD 1 Quarter
Withholding taxes paid on behalf of employees on net settled stock-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.32M USD 1 Quarter
Purchase of noncontrolling interests PaymentsToMinorityShareholders - USD 1 Quarter
Purchase of noncontrolling interests PaymentsToMinorityShareholders $22.94M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-9.47M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-82.90M USD 1 Quarter
Total cash used NetCashProvidedByUsedInContinuingOperations $-36.30M USD 1 Quarter
Total cash used NetCashProvidedByUsedInContinuingOperations $-37.02M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-205.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $384.00K USD 1 Quarter
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-35.91M USD 1 Quarter
Net decrease in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-37.22M USD 1 Quarter
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $813.56M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $777.65M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $392.26M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $429.49M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $813.56M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $777.65M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $392.26M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $429.49M USD Point-in-time
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Purchase of noncontrolling interests TemporaryEquityPurchaseofInterest $22.94M USD 1 Quarter
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.28B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
Net (loss) earnings NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-33.29M USD 1 Quarter
Net (loss) earnings NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $2.07M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal $99.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterestTotal $-746.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $13.56M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.54M USD 1 Quarter
Issuance of common stock pursuant to stock-based awards, net of withholding taxes StockIssuedDuringPeriodValueShareBasedCompensation $-48.05M USD 1 Quarter
Issuance of common stock pursuant to stock-based awards, net of withholding taxes StockIssuedDuringPeriodValueShareBasedCompensation $-2.47M USD 1 Quarter
Issuance of common stock to IAC pursuant to the employee matters agreement StockIssuedDuringPeriodValueRelatedPartyEmployeeMattersAgreement - USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $8.14M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $4.92M USD 1 Quarter
Adjustment of redeemable noncontrolling interests to fair value AdjustmentofRedeemableNoncontrollingInteresttoFairValue $662.00K USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.28B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-33.29M USD 1 Quarter
Net (loss) earnings IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.01M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-746.00K USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $679.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-746.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $679.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-34.03M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.69M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $103.00K USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $83.00K USD 1 Quarter
Change in foreign currency translation adjustment attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $57.00K USD 1 Quarter
Change in foreign currency translation adjustment attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $693.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $160.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $776.00K USD 1 Quarter
Comprehensive loss attributable to Angi Inc. shareholders ComprehensiveIncomeNetOfTax $1.92M USD 1 Quarter
Comprehensive loss attributable to Angi Inc. shareholders ComprehensiveIncomeNetOfTax $-34.19M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...