Angi Inc. (ANGI) announces IAC (IAC) posts monthly metrics for March
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(Updated - April 12, 2021 5:24 PM EDT)
Angi Inc. (NASDAQ: ANGI) disclosed:
On April 12, 2021, the Registrant announced that IAC/InterActiveCorp (the Registrant’s controlling shareholder (“IAC”)) had posted a shareholder letter on the investor relations section of IAC’s website (https://ir.iac.com/quarterly-results), which letter contains preliminary monthly trends for the Registrant through March 31, 2021, as set forth immediately below.
| 9/2020 | 10/2020 | 11/2020 | 12/2020 | 1/2021 | 2/2021 | 3/2021 | |||||||||||||||
| Angi Inc. | |||||||||||||||||||||
| Marketplace Revenue | 12 | % | 13 | % | 18 | % | 15 | % | 4 | % | -2 | % | 35 | % | |||||||
| Advertising & Other Revenue | 1 | % | 2 | % | 3 | % | 4 | % | 6 | % | 5 | % | 10 | % | |||||||
| Total North America Revenue | 10 | % | 10 | % | 15 | % | 12 | % | 5 | % | -1 | % | 30 | % | |||||||
| Europe Revenue | -5 | % | -3 | % | 4 | % | 10 | % | 18 | % | 27 | % | 61 | % | |||||||
| Total Angi Inc. Revenue | 9 | % | 10 | % | 14 | % | 12 | % | 6 | % | 1 | % | 31 | % | |||||||
| Marketplace Service Requests | 30 | % | 21 | % | 17 | % | 15 | % | 10 | % | 17 | % | 60 | % | |||||||
| Marketplace Monetized Transactions | 10 | % | 5 | % | 4 | % | 3 | % | 0 | % | 3 | % | 47 | % | |||||||
| Marketplace Transacting Service Professionals | 9 | % | 10 | % | 11 | % | 11 | % | 11 | % | 9 | % | 11 | % | |||||||
| Advertising Service Professionals | 5 | % | 6 | % | 6 | % | 7 | % | 7 | % | 6 | % | 6 | % |
| (1) | As of the date of this report, the Registrant has not yet completed its financial close process for the quarter ended March 31, 2021 and its monthly results continue to be volatile as the global COVID–19 pandemic continues to change consumer and business behavior in unpredictable ways. As a result, the information set forth above is preliminary and based upon information available to the Registrant as of the date of this report. During the course of the Registrant’s financial close process for the quarter ended March 31, 2021, it may identify items that would require adjustments to the information set forth above, which could be material. |
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