Group 1 - The article highlights Paul Franke's extensive experience in trading and investment, emphasizing his successful track record as a stock picker and his innovative strategies like "Victory Formation" and "Bottom Fishing Club" [1] - Franke's investment approach focuses on identifying supply/demand imbalances through specific stock price and volume movements, which are critical for achieving stock market outperformance [1] - The recommendation for investors includes using 10% or 20% stop-loss levels on individual stocks and maintaining a diversified portfolio of at least 50 well-positioned stocks to enhance performance [1] Group 2 - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals, while the "Volume Breakout Report" discusses stocks with strong price and volume trends [1]

DENVER, April 09, 2025 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, May 6, 2025, Angi Inc. (NASDAQ: ANGI) will post its first quarter results and simultaneously CEO Jeff Kip will publish a letter to shareholders, which may include certain forward-looking information at ir.angi.com/quarterly-earnings. On Wednesday May 7, 2025, at 8:30 a.m. ET, Angi Inc. will host a conference call to answer questions regarding the company’s first quarter results. The live audiocast and replay will be ope ...

Index Changes - Cava Group Inc. will be added to the S&P MidCap 400, replacing Altair Engineering Inc. effective March 31, 2025 [1][4] - Angi Inc. will be added to the S&P SmallCap 600, replacing The ODP Corp. effective April 2, 2025 [1][4] Company Actions - Altair Engineering was acquired by Siemens AG, leading to its removal from the S&P MidCap 400 [4] - The ODP Corp.'s market capitalization is no longer representative of the small-cap market space, resulting in its deletion from the S&P SmallCap 600 [4]

Industry Overview - The gig economy has gained immense popularity post-pandemic, offering individuals the freedom from rigid work schedules and allowing for better balance between personal and professional commitments [1] - The market for the gig economy is projected to grow from $556.7 billion in 2024 to $2.14 trillion by 2033, indicating a compound annual growth rate of approximately 16.2% during the 2024-2033 period [4] Company Insights - Uber is a key player in the gig economy, connecting passengers with drivers through its app, allowing drivers to work as independent contractors with flexible schedules [5][6] - Angi serves as an online marketplace for home services, bridging the gap between homeowners and skilled service professionals, and has seen growth due to its focus on the gig economy [8][9] - DoorDash dominates the U.S. food delivery market with over 65% market share, utilizing independent contractors for deliveries, which allows for a flexible workforce and reduced operational costs [11][12] Business Models - Uber's model allows drivers to choose their working hours and earn based on completed rides, emphasizing flexibility and autonomy [6][7] - Angi's platform connects independent contractors with consumers needing various home services, streamlining the process and supporting flexible work arrangements [10] - DoorDash's gig economy model enables quick scaling of operations to meet fluctuating demand, allowing drivers to work on their terms [14]

Table of Contents As filed with the Securities and Exchange Commission on February 28, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-38220 Angi Inc. (Exact name of Regis ...

Financial Data and Key Metrics Changes - The company reported a nearly $250 million increase in cash flow year-on-year, reaching almost $300 million for IAC's businesses [25] - Angi's EBITDA was significantly reduced from approximately $260 million to $35 million, while capital expenditures (CapEx) increased to $115 million before being cut down to about $50 million [10][14] - Dotdash Meredith's EBITDA expectations dropped from $450 million to $230 million, indicating a challenging financial environment [11] Business Line Data and Key Metrics Changes - Angi has seen a turnaround in performance, with management focusing on improving product quality and customer experience, leading to expectations of revenue growth in the upcoming year [16][27] - Dotdash Meredith experienced a 10% digital revenue growth, driven by performance marketing which grew 22%, indicating strong e-commerce performance [56] Market Data and Key Metrics Changes - The company noted an 8% increase in traffic for Dotdash Meredith, reversing previous declines [17] - The first quarter of 2025 is expected to see a low-20% year-over-year decline due to regulatory changes impacting the market dynamics [48] Company Strategy and Development Direction - The company is focused on spinning off Angi to allow it to operate independently, with management expressing confidence in the leadership of Joey Levin and Jeff Kip [73] - The strategy includes a shift towards a single product and pricing structure for Angi, which is expected to improve operational efficiency and revenue per transaction [95] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about returning to growth in 2026, citing improvements in customer experience and operational adjustments [49][92] - The company is adjusting to regulatory changes while maintaining a competitive position in the marketplace [43] Other Important Information - The company plans to complete the spin-off of Angi by March 31, 2025, with no dividends planned for Angi at the time of the spin [38] - Corporate costs are expected to be elevated in 2025 due to non-recurring expenses related to the spin-off and other legacy matters [124] Q&A Session Summary Question: Could you talk about your motivations for moving to Angi with the spin? - Joey Levin mentioned both personal and professional motivations, emphasizing the asymmetrical upside potential of Angi [34] Question: What are the next steps in the spin process? - Christopher Halpin outlined that the registration statement was filed, and the goal is a seamless transition for Angi as a standalone public company [37] Question: What gives you confidence in improving through the year despite the Q1 guide coming in below expectations? - Jeff Kip explained that the implementation of consumer choice consistent with FCC orders is expected to enhance customer experience and market dynamics [40] Question: Can you discuss the drivers of Dotdash Meredith's 4Q revenue and EBITDA? - Christopher Halpin highlighted strong performance in traffic and advertising, particularly in the food category, contributing to a 10% digital revenue growth [55] Question: How should we think about capital allocation post-Angi spin? - Barry Diller indicated a balanced approach between investing in current businesses and returning capital to shareholders, emphasizing the importance of seeking new opportunities [105] Question: What are the key steps to grow direct traffic and eliminate middlemen? - Christopher Halpin discussed the focus on direct-to-consumer efforts and leveraging premium content to engage customers directly [139]

For the quarter ended December 2024, Angi (ANGI) reported revenue of $267.87 million, down 10.8% over the same period last year. EPS came in at $0.00, compared to $0.01 in the year-ago quarter.The reported revenue represents a surprise of +5.61% over the Zacks Consensus Estimate of $253.65 million. With the consensus EPS estimate being $0.01, the EPS surprise was -100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Financial Performance - Q4 2024 revenue was $267.9 million, down 11% year-over-year from $300.4 million in Q4 2023[3] - Operating income decreased 72% to $2 million in Q4 2024, compared to $7.6 million in Q4 2023[3] - Adjusted EBITDA for Q4 2024 was $31.8 million, a decrease of 23% from $41.4 million in Q4 2023[3] - The company recorded a net loss of $1.3 million in Q4 2024, an improvement from a net loss of $5.6 million in Q4 2023[3] - Revenue for Q4 2024 was $267,869,000, a decrease of 10.8% from $300,433,000 in Q4 2023[21] - Gross profit for Q4 2024 was $251,690,000, down from $283,194,000 in Q4 2023, reflecting a gross margin of 93.9%[21] - Operating income for the year 2024 was $21,885,000, compared to a loss of $26,498,000 in 2023[21] - Net earnings attributable to Angi Inc. shareholders for the year 2024 were $36,004,000, a significant improvement from a loss of $40,940,000 in 2023[21] Cash Flow and Financial Stability - Net cash provided by operating activities for the twelve months ended December 31, 2024, increased by $61.8 million to $155.9 million[9] - Free Cash Flow for the same period increased by $59 million to $105.4 million, driven by favorable working capital and higher Adjusted EBITDA[9] - Cash and cash equivalents increased to $416,434,000 in 2024 from $364,044,000 in 2023, indicating a positive cash flow trend[23] - Total current liabilities decreased to $231,678,000 in 2024 from $258,655,000 in 2023, showing improved financial stability[23] - Net cash provided by operating activities attributable to continuing operations was $155,941,000 in 2024, compared to $94,184,000 in 2023, indicating stronger operational efficiency[25] - The company reported a decrease in accounts receivable to $36,670,000 in 2024 from $51,100,000 in 2023, reflecting improved collection efforts[23] Revenue Breakdown - International revenue grew by 5% in Q4 2024, while domestic revenue decreased by 12%[5] - Total domestic revenue for Q4 2024 was $31.3 million, down from $39.5 million in Q4 2023, a decrease of approximately 20.5%[26] - International revenue for the twelve months ended December 31, 2024, was $16.0 million, compared to $13.1 million in 2023, representing an increase of about 22.2%[26] - Ads and Leads revenue for the twelve months ended December 31, 2024, was $180.3 million, compared to $147.4 million in 2023, indicating a growth of approximately 22.3%[26] - Services revenue for the twelve months ended December 31, 2024, was $4.5 million, a decrease from $8.1 million in 2023, reflecting a decline of about 44.4%[26] Future Projections - For the full year 2025, Angi Inc. expects operating income between $25 million and $60 million and Adjusted EBITDA between $135 million and $150 million[4] - The company projects Q1 2025 Adjusted EBITDA to exceed $20 million and FY 2025 Adjusted EBITDA to be between $135 million and $150 million[27] - Stock-based compensation expense for Q1 2025 is expected to be between $(5) million and $0, with a full-year estimate of $10 million to $20 million[27] Company Strategy and Market Presence - The company emphasizes the importance of Free Cash Flow as a measure of cash generated from operations, which is critical for evaluating financial health[31] - The company is focused on expanding its market presence and enhancing its product offerings to drive future growth[42] - Angi has assisted over 150 million people with home projects since its inception in 1995[43] - The company has a nationwide network of skilled home professionals, supporting hundreds of thousands of small local businesses[43]

DENVER, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its fourth quarter financial results and a letter to shareholders from Jeffrey Kip on the investor relations section of its website at ir.angi.com/quarterly-earnings. As announced previously, Angi Inc. and IAC will host a conference call to discuss both companies’ respective fourth quarter results and to answer questions. The call will be held on Wednesday, February 12, 2025, at 8:30 a.m. ET. Barry Diller, Chairman and Senior Executiv ...

Interest rates will continue to drive “renovate over relocate” mentality in 2025 93% of homeowners are planning projects in 2025 despite economic pressures and rising stress levelsHome projects emerged as the most stressful budget item in 2024, surpassing healthcare and childcare DENVER, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Homeownership continues to play a central role in the American dream, and despite navigating tighter budgets and rising stress levels, homeowners remain dedicated to the care and improvemen ...