NASDAQ$ANGI

ANGI Homeservices Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Revenue increased by 13% to $436 million.

Angi Inc. reported a 13% increase in revenue, reaching $436 million for the first quarter of 2022. The company recorded an income tax benefit of $6.1 million. Free Cash Flow decreased $24.2 million to negative $27.6 million due primarily to lower Adjusted EBITDA and higher capital expenditures.

  • Q1 revenue increased 13% to $436 million.
  • Recorded an income tax benefit of $6.1 million in Q1 2022.
  • Free Cash Flow decreased $24.2 million to negative $27.6 million.
  • As of March 31, 2022, Angi Inc. has 15.0 million shares remaining in its stock repurchase authorization.

Headline financials

Total Revenue

$436M

Previous: $387M+12.7%
EPS (adj)

-$0.07

Previous: $0.00-1951.9%
Capital Expenditures

-$26.9M

Previous: -$18.7M-43.5%
Free Cash Flow

-$60.3M

Previous: -$16.8M-258.6%
Net Income

-$33.4M

Previous: $1.93M-1829.2%
Operating Income

-$34M

Previous: $109K-31253.2%
Gross Profit

$337M

Previous: $333M+1.2%
Cash & Equivalents

$391M

Previous: $777M-49.6%
Total Assets

$2B

Previous: $2.3B-12.9%
Stock-Based Comp

$13M

No prior period

Revenue & EPS history

ANGI Homeservices · Revenue · Quarterly

$436M

Q1 2022+12.7%vs Q1 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

IAC and Angi Inc. will live stream a joint video conference call to answer questions regarding their first quarter results on Tuesday, May 10, 2022, at 8:30 a.m. Eastern Time. This 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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.1%

Avg return

30 days after

44%

25 / 57 earnings

Positive

+75.4%

Q1 2017

Best reaction

-31.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-31.1%-30.9%-20.0%
Q4 2025-23.1%-32.3%-38.2%
Q3 2025-8.2%-11.2%+8.1%
Q1 2025+34.8%+43.2%+46.6%
Q4 2024-5.8%+6.4%-9.2%
Q3 2024-23.1%-31.5%-25.9%
Q2 2024+31.5%+26.9%+34.0%
Q1 2024-0.4%-4.7%-11.4%
Q4 2023+16.5%+20.6%+1.6%
Q3 2023+3.5%+2.9%+42.4%
Q2 2023-31.7%-33.2%-37.7%
Q1 2023+16.8%+21.1%+23.4%
Q4 2022-15.6%-11.8%-22.1%
Q3 2022+5.7%+24.7%+3.1%
Q2 2022-15.0%-13.7%-38.1%
Q1 2022+6.8%+24.1%+33.8%
Q4 2021-20.4%-22.1%-29.4%
Q3 2021-9.6%-10.5%-27.1%
Q2 2021+5.7%+0.7%-5.6%
Q1 2021-6.9%-9.9%-6.6%
Q4 2020-7.4%+19.4%+3.0%
Q3 2020-13.0%-9.9%+4.6%
Q2 2020-17.3%-16.4%-17.8%
Q1 2020+10.4%+24.7%+72.3%
Q4 2019-5.4%-2.0%-28.1%
Q3 2019+16.6%+14.9%+17.4%
Q2 2019-27.6%-30.7%-37.6%
Q1 2019-9.9%-18.2%-19.8%
Q4 2018+0.5%+3.7%-3.6%
Q3 2018-6.2%-7.2%-14.7%
Q2 2018+12.5%+19.4%+33.5%
Q1 2018+0.9%+1.7%+13.9%
Q4 2017-1.5%+0.5%+14.8%
Q3 2017-7.4%-5.3%-9.7%
Q2 2017+0.2%-4.5%-3.0%
Q1 2017+75.4%+81.8%+109.0%
Q4 2016-8.4%-8.7%-10.5%
Q3 2016-1.4%+1.2%+5.8%
Q2 2016+11.7%+7.2%+31.6%
Q1 2016+4.9%
Q4 2015-10.7%
Q3 2015+12.2%
Q2 2015-31.0%
Q1 2015+4.1%
Q4 2014+44.4%
Q3 2014+16.4%
Q2 2014+3.6%
Q1 2014+4.5%
Q4 2013-4.6%
Q3 2013-15.0%
Q2 2013-0.8%
Q1 2013+0.5%
Q4 2012+2.0%
Q3 2012+0.0%
Q2 2012-0.1%
Q1 2012-2.9%
Q4 2011-6.3%
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010

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