Angi Inc. (ANGI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
555 WEST 18TH STREET NEW YORK, NY 10011 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 731 - Advertising (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 321,155 | 428,136 | 862,700 | 390,565 | 361,931 | 221,521 | |||
Cash and cash equivalents | 321,155 | 428,136 | 812,705 | 390,565 | 336,984 | 221,521 | |||
Short-term investments | 49,995 | 24,947 | |||||||
Receivables | 93,880 | 84,387 | 43,148 | 41,669 | 27,263 | 28,085 | |||
Other current assets | 69,167 | 70,548 | 71,958 | 67,759 | 84,933 | 12,772 | |||
Total current assets: | 484,202 | 583,071 | 977,806 | 499,993 | 474,127 | 262,378 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 101,243 | ✕ | ✕ | ||||||
Property, plant and equipment | 153,855 | 118,267 | 108,842 | 103,361 | 70,859 | 53,292 | |||
Intangible assets, net (including goodwill) | 1,061,054 | 1,109,865 | 1,101,514 | 1,135,685 | 1,199,004 | 1,098,797 | |||
Goodwill | 882,949 | 916,039 | 891,797 | 883,960 | 894,709 | 770,226 | |||
Intangible assets, net (excluding goodwill) | 178,105 | 193,826 | 209,717 | 251,725 | 304,295 | 328,571 | |||
Contract with customer, asset, after allowance for credit loss | 3,400 | ✕ | |||||||
Restricted cash and investments | 420 | ||||||||
Deferred income tax assets | 145,460 | 122,693 | 72,581 | ✕ | ✕ | ||||
Other noncurrent assets | 63,207 | 76,245 | 180,020 | 8,748 | 23,200 | 2,072 | |||
Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 50,723 | |||
Other undisclosed noncurrent assets | 37,017 | ||||||||
Total noncurrent assets: | 1,423,576 | 1,427,070 | 1,390,376 | 1,421,618 | 1,333,900 | 1,204,884 | |||
TOTAL ASSETS: | 1,907,778 | 2,010,141 | 2,368,182 | 1,921,611 | 1,808,027 | 1,467,262 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 230,877 | 222,675 | 179,024 | 142,984 | 126,070 | 94,104 | |||
Accounts payable | 30,862 | 38,860 | 30,805 | 25,987 | 20,083 | 18,933 | |||
Accrued liabilities | 200,015 | 183,815 | 148,219 | 116,997 | 105,987 | 75,171 | |||
Deferred revenue | 50,907 | 53,834 | 54,654 | 58,220 | ✕ | ✕ | |||
Debt | 13,750 | 13,750 | 13,750 | ||||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 62,371 | ||
Due to related parties | ✕ | 816 | |||||||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 61,417 | ✕ | ||
Total current liabilities: | 281,784 | 276,509 | 233,678 | 214,954 | 201,237 | 171,041 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 495,284 | 494,552 | 712,277 | 231,946 | 244,971 | 258,312 | |||
Long-term debt, excluding current maturities | 495,284 | 494,552 | 712,277 | 231,946 | 244,971 | 258,312 | |||
Liabilities, other than long-term debt | 79,332 | 93,553 | 113,006 | 124,496 | 18,361 | 13,515 | |||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 500 | ✕ | ||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 5,626 | |||
Deferred income tax liabilities | 2,906 | 1,883 | 1,296 | 3,441 | ✕ | ✕ | |||
Due to related parties | ✕ | 1,015 | 1,997 | ||||||
Other liabilities | 76,426 | 91,670 | 111,710 | 121,055 | 16,846 | 5,892 | |||
Other undisclosed noncurrent liabilities | 3,308 | ||||||||
Total noncurrent liabilities: | 574,616 | 588,105 | 825,283 | 356,442 | 266,640 | 271,827 | |||
Total liabilities: | 856,400 | 864,614 | 1,058,961 | 571,396 | 467,877 | 442,868 | |||
Temporary equity, carrying amount | 26,364 | 26,663 | 18,163 | 21,300 | |||||
Equity | |||||||||
Equity, attributable to parent, including: | 1,048,384 | 1,134,619 | 1,272,290 | 1,314,288 | 1,312,941 | 993,346 | |||
Treasury stock, value | (166,184) | (158,040) | (122,081) | (57,949) | |||||
Additional paid in capital | 1,405,294 | 1,350,457 | 1,379,469 | 1,357,075 | 1,333,097 | 1,112,400 | |||
Accumulated other comprehensive income (loss) | (1,172) | 3,309 | 4,637 | (1,379) | (1,861) | 2,232 | |||
Retained earnings (accumulated deficit) | (190,079) | (61,629) | 9,749 | 16,032 | (18,797) | (121,764) | |||
Other undisclosed equity, attributable to parent | 525 | 522 | 516 | 509 | 502 | 478 | |||
Equity, attributable to noncontrolling interest | 2,994 | 10,908 | 10,567 | 9,264 | 9,046 | 9,748 | |||
Total equity: | 1,051,378 | 1,145,527 | 1,282,857 | 1,323,552 | 1,321,987 | 1,003,094 | |||
TOTAL LIABILITIES AND EQUITY: | 1,907,778 | 2,010,141 | 2,368,182 | 1,921,611 | 1,808,027 | 1,467,262 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 1,891,524 | 1,685,438 | 1,467,925 | 1,326,205 | 1,132,241 | 736,386 | ||
Cost of revenue | (438,060) | (325,880) | (173,281) | (46,493) | (55,739) | (34,073) | ||
Provision for loan, lease, and other losses | (64,278) | (47,242) | ✕ | |||||
Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (27,514) | |
Gross profit: | 1,453,464 | 1,359,558 | 1,294,644 | 1,279,712 | 1,076,502 | 702,313 | ||
Operating expenses | (1,501,499) | (1,376,825) | (1,248,391) | (1,201,152) | (988,286) | (835,641) | ||
Other operating expense, net (Other Expenses) | (500) | |||||||
Other undisclosed operating loss | (78,270) | (59,246) | (52,121) | (39,915) | (24,310) | (14,543) | ||
Operating income (loss): | (126,305) | (76,513) | (6,368) | 38,645 | 63,906 | (147,871) | ||
Nonoperating income (expense) | 1,178 | (2,509) | ||||||
Gain (loss), foreign currency transaction, before tax | (1,656) | |||||||
Interest and debt expense | (20,107) | (23,485) | (14,178) | (16) | (11,623) | (1,765) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | (145,234) | (102,507) | (20,546) | 38,629 | 52,283 | (149,636) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 1,218 | (4,983) | 17,741 | (3,997) | ||||
Income (loss) from continuing operations before income taxes: | (145,234) | (102,507) | (19,328) | 33,646 | 70,024 | (153,633) | ||
Income tax benefit | 17,252 | 32,013 | 15,168 | 1,668 | 7,483 | 49,106 | ||
Income (loss) from continuing operations: | (127,982) | (70,494) | (4,160) | 35,314 | 77,507 | (104,527) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (70,494) | (4,160) | 35,314 | 77,507 | (104,527) | |
Net income (loss): | (127,982) | (70,494) | (4,160) | 35,314 | 77,507 | (104,527) | ||
Net income (loss) attributable to noncontrolling interest | (468) | (884) | (2,123) | (485) | (189) | 1,409 | ||
Net income (loss) available to common stockholders, diluted: | (128,450) | (71,378) | (6,283) | 34,829 | 77,318 | (103,118) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | (127,982) | (70,494) | (4,160) | 35,314 | 77,507 | (104,527) | ||
Other comprehensive income (loss) | (1,219) | 6,827 | 396 | (4,859) | 4,968 | |||
Other undisclosed comprehensive income (loss) | (5,028) | |||||||
Comprehensive income (loss): | (133,010) | (71,713) | 2,667 | 35,710 | 72,648 | (99,559) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 79 | (993) | (2,934) | (399) | 577 | 394 | ||
Comprehensive income (loss), net of tax, attributable to parent: | (132,931) | (72,706) | (267) | 35,311 | 73,225 | (99,165) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.