Angi Inc. (ANGI) Q4 2025 Earnings Call Transcript
EBITDA Doubled over the last 3 years while cutting capital expenditures in half. This shift resulted in moving from negative free cash flow to positive free cash flow. The improvement is attributed to operational efficiencies and strategic cost reductions.
Homeowner NPS Increased by more than 30 points over the last 3 years. This improvement reflects enhanced customer satisfaction and service quality.
Customer Churn Reduced by more than 30% over the last 3 years. This reduction is due to better customer retention strategies and improved service offerings.
Customer Success Rates Improved by more than 20% over the last 3 years. This is attributed to better matching of homeowners with service providers and enhanced customer experience.
Customer Repeat Rate Turned positive by about 10% in the fourth quarter. This improvement is due to better customer engagement and satisfaction.
Revenue Achieved a material year-over-year revenue improvement of 700 to 900 basis points in Q4. January showed modest growth, but year-on-year growth is not fully expected in Q1. The improvement is attributed to operational adjustments and strategic investments.
Google SEO Traffic Declined by 35% to 40% year-over-year in mid-2024, improved to mid-double digits by the end of the year, but faced repeated setbacks. The decline is due to external pressures and algorithm changes, while improvements were achieved through product adjustments.
Proprietary Business Growth Grew by 17% in 2025. Expected high single to low double-digit growth in Q1. This growth is driven by investments in branded advertising and customer experience improvements.
Sales and Marketing Expenses Increased by about 8 percentage points as a percent of revenue in Q1 compared to Q4. This increase is due to reinvestment in offline marketing, international TV campaigns, and new creative content.
Adjusted EBITDA Expected to be in the mid-$40 million range for Q2 and Q3, with a slight decline in Q4 due to seasonal revenue decreases. The progression reflects strategic investments and cost management.
Restructuring Savings Achieved $70 million to $80 million in annualized savings, with mid-$60 million in-year savings. This was achieved through cost structure adjustments and operational efficiencies.
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Angi Appoints New CFO Julie Hoarau to Drive Growth
- Executive Transition: Angi has announced the appointment of Julie Hoarau as CFO, succeeding Andrew Russakoff, who will step down on March 27, 2026, marking a significant shift in the company's financial leadership.
- Experienced Leader: With over 20 years of finance and accounting leadership experience, Hoarau has served as Angi's Chief Accounting Officer since October 2024, and is expected to leverage her extensive background to drive the company's growth and operational performance.
- Strategic Goals: The new CFO will oversee the financial organization with the aim of achieving low single-digit revenue growth in 2026 through AI integration and increased brand spending, reflecting the company's positive outlook for future development.
- Market Reaction: Despite facing demand pressures, Angi trades at 5x free cash flow, indicating market concern over its financial health while also suggesting the presence of execution risks.
Angi Inc. Appoints New CFO Julie Hoarau
- Executive Change: Angi Inc. announced the appointment of Julie Hoarau as Chief Financial Officer, succeeding Andrew Rusty Russakoff, who will step down on March 27, indicating ongoing adjustments in the company's leadership to adapt to market changes.
- Financial Leadership Experience: Hoarau has served as Angi's Chief Accounting Officer since October 2024 and previously held the position of Vice President of Accounting Operations at MongoDB, bringing valuable financial expertise that will aid in optimizing financial management and strategic planning.
- Strategic Focus Shift: This appointment not only strengthens the finance team but also reflects Angi's commitment to enhancing financial transparency and efficiency, aiming to boost investor confidence and drive long-term growth for the company.
- Market Reaction Anticipation: With the new CFO's onboarding, market attention on Angi's financial performance and future strategies is expected to increase, potentially impacting the company's stock price movements, prompting investors to closely monitor upcoming financial reports.
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR SET TO ENTER S&P 500
New Additions to S&P 500: Vertiv Holdings, Lumentum Holdings, Coherent, and Echosstar are set to join the S&P 500 index.
Market Impact: The inclusion of these companies may influence market dynamics and investor strategies as they become part of a major stock index.
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR TO BE ADDED TO S&P 500; ADDITIONAL COMPANIES TO ENTER S&P 100, S&P MIDCAP 400, AND S&P SMALLCAP 600
New Additions to S&P 500: Vert Holdings, Lumentum Holdings, CohereNT, and EchoStar are set to join the S&P 500 index.
Other Index Changes: Additional companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
ANGI INC - INTRODUCES ANGI APP ON CHATGPT
Launch of A N G I App: A N G I has introduced a new app that integrates ChatGPT technology to enhance user experience.
Features of the App: The app offers features such as personalized recommendations and improved communication tools for users seeking home services.
Analysis of Oversold Stocks in Communication Services Sector
- Angi Inc Performance: Angi Inc reported disappointing fourth-quarter EPS results on February 10, leading to a stock price decline of approximately 39% over the past month, with shares currently priced at $8.09, close to a 52-week low of $7.72, indicating market concerns about its future profitability.
- RSI Analysis: With a relative strength index (RSI) of 29.8, Angi's stock is considered oversold, potentially presenting an entry opportunity for investors, particularly in a bearish market sentiment.
- Trade Desk Inc Dynamics: Trade Desk Inc is also identified as an oversold stock in the communication services sector, although specific data is not provided, its market performance warrants attention and could attract investor interest.
- Fox Corp Market Performance: Fox Corp is listed among the oversold stocks as well, and while detailed financial data is lacking, its position in the industry may make it a potential investment opportunity, especially if the market rebounds.
Angi Appoints New CFO Julie Hoarau to Drive Growth
- Executive Transition: Angi has announced the appointment of Julie Hoarau as CFO, succeeding Andrew Russakoff, who will step down on March 27, 2026, marking a significant shift in the company's financial leadership.
- Experienced Leader: With over 20 years of finance and accounting leadership experience, Hoarau has served as Angi's Chief Accounting Officer since October 2024, and is expected to leverage her extensive background to drive the company's growth and operational performance.
- Strategic Goals: The new CFO will oversee the financial organization with the aim of achieving low single-digit revenue growth in 2026 through AI integration and increased brand spending, reflecting the company's positive outlook for future development.
- Market Reaction: Despite facing demand pressures, Angi trades at 5x free cash flow, indicating market concern over its financial health while also suggesting the presence of execution risks.
Angi Inc. Appoints New CFO Julie Hoarau
- Executive Change: Angi Inc. announced the appointment of Julie Hoarau as Chief Financial Officer, succeeding Andrew Rusty Russakoff, who will step down on March 27, indicating ongoing adjustments in the company's leadership to adapt to market changes.
- Financial Leadership Experience: Hoarau has served as Angi's Chief Accounting Officer since October 2024 and previously held the position of Vice President of Accounting Operations at MongoDB, bringing valuable financial expertise that will aid in optimizing financial management and strategic planning.
- Strategic Focus Shift: This appointment not only strengthens the finance team but also reflects Angi's commitment to enhancing financial transparency and efficiency, aiming to boost investor confidence and drive long-term growth for the company.
- Market Reaction Anticipation: With the new CFO's onboarding, market attention on Angi's financial performance and future strategies is expected to increase, potentially impacting the company's stock price movements, prompting investors to closely monitor upcoming financial reports.
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR SET TO ENTER S&P 500
New Additions to S&P 500: Vertiv Holdings, Lumentum Holdings, Coherent, and Echosstar are set to join the S&P 500 index.
Market Impact: The inclusion of these companies may influence market dynamics and investor strategies as they become part of a major stock index.
VERTIV HOLDINGS, LUMENTUM HOLDINGS, COHERENT, AND ECHOSTAR TO BE ADDED TO S&P 500; ADDITIONAL COMPANIES TO ENTER S&P 100, S&P MIDCAP 400, AND S&P SMALLCAP 600
New Additions to S&P 500: Vert Holdings, Lumentum Holdings, CohereNT, and EchoStar are set to join the S&P 500 index.
Other Index Changes: Additional companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
ANGI INC - INTRODUCES ANGI APP ON CHATGPT
Launch of A N G I App: A N G I has introduced a new app that integrates ChatGPT technology to enhance user experience.
Features of the App: The app offers features such as personalized recommendations and improved communication tools for users seeking home services.
Analysis of Oversold Stocks in Communication Services Sector
- Angi Inc Performance: Angi Inc reported disappointing fourth-quarter EPS results on February 10, leading to a stock price decline of approximately 39% over the past month, with shares currently priced at $8.09, close to a 52-week low of $7.72, indicating market concerns about its future profitability.
- RSI Analysis: With a relative strength index (RSI) of 29.8, Angi's stock is considered oversold, potentially presenting an entry opportunity for investors, particularly in a bearish market sentiment.
- Trade Desk Inc Dynamics: Trade Desk Inc is also identified as an oversold stock in the communication services sector, although specific data is not provided, its market performance warrants attention and could attract investor interest.
- Fox Corp Market Performance: Fox Corp is listed among the oversold stocks as well, and while detailed financial data is lacking, its position in the industry may make it a potential investment opportunity, especially if the market rebounds.
