Angi Inc. - Class A Common Stock (ANGI)

Frequently Asked Questions About Angi Inc. - Class A Common Stock (ANGI)

How can users contact Angi Inc. for support?

Users can contact Angi Inc. for support through various channels, including their official website, customer service phone lines, and online chat options. The company also provides extensive FAQs and troubleshooting guides on its website, ensuring that customers have access to resources to assist them with inquiries about both the platform and services.

How does Angi generate revenue?

Angi generates revenue primarily through subscription fees and advertising services provided to service professionals. Service providers pay for premium listings and advertising options on the platform, while lead generation from homeowner requests also contributes to revenue. Additionally, Angi benefits from potential value-added services and partnerships with complementary businesses in the home services market.

How does Angi Inc. ensure quality service providers?

Angi Inc. ensures quality service providers through a comprehensive vetting process that includes background checks, customer reviews, and performance metrics. The platform encourages users to leave feedback after each service, which helps maintain a high standard of quality and transparency. This focus on accountability ensures that homeowners can trust the professionals they hire.

How does Angi support service professionals?

Angi supports service professionals by providing them with tools and resources necessary to succeed in the competitive home services marketplace. This includes marketing support to increase visibility, access to homeowner leads, performance insights through reviews, and educational resources to enhance their skills and business operations.

How does Angi utilize technology in its operations?

Angi utilizes technology extensively to improve its operations and customer experience. The company employs data analytics to understand user behavior, machine learning algorithms to match homeowners with appropriate service providers, and a robust digital platform to streamline the communication and booking processes for services. This reliance on technology allows Angi to remain agile and responsive to market demands.

Is Angi Inc. publicly traded?

Yes, Angi Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol ANGI. The company became publicly listed through a reverse merger with a publicly traded company in 2020, giving it access to capital markets and opening up investment opportunities for shareholders.

What are Angi Inc.'s key performance indicators?

Key performance indicators (KPIs) for Angi Inc. include metrics such as gross revenue, the number of active service professionals on the platform, user engagement rates, customer satisfaction scores, and repeat usage among homeowners. Monitoring these KPIs helps the company assess its growth and performance in the home services market.

What does Angi Inc. do?

Angi Inc. operates a digital marketplace that connects homeowners with service professionals for home improvement services. Through its platforms, including Angie's List and HomeAdvisor, the company offers a range of services, from finding contractors for renovations to scheduling home maintenance tasks. By targeting the growing home services market, Angi aims to streamline the process of searching for high-quality service providers.

What has been the impact of the COVID-19 pandemic on Angi Inc.?

The COVID-19 pandemic accelerated demand for home improvement services, leading to increased online activity and engagement on Angi Inc.'s platforms. As more people invested in their homes while staying safe, Angi experienced growth in user sign-ups and service requests. The company adapted by enhancing its digital services to meet changing consumer behaviors and needs during the pandemic.

What is Angi's commitment to sustainability?

Angi is committed to sustainability by encouraging service professionals to adopt environmentally friendly practices and by promoting services that prioritize energy efficiency and eco-friendliness. The company aims to support responsible home improvement practices, although specific sustainability initiatives may vary across services and partnerships.

What is Angi's growth strategy?

Angi's growth strategy involves expanding its digital marketplace by enhancing user experience, improving service provider visibility, and broadening service offerings. The company also focuses on strategic partnerships, targeted marketing campaigns, and leveraging technology innovations to attract more users and streamline operations, thereby increasing market penetration in the home services sector.

What is the business model of Angi Inc.?

Angi Inc. operates on a subscription-based business model for service providers and a lead generation model for generating revenue. Service professionals pay for listings and enhanced visibility on the platform, while homeowners use the service for free to connect with these professionals. This dual approach allows Angi to maintain a broad user base while monetizing services effectively.

What is the outlook for Angi Inc.?

The outlook for Angi Inc. is optimistic as the demand for home improvement and maintenance services continues to grow. The company is well-positioned to capitalize on this trend through its established platforms and innovative strategies. As it continues to refine its services and expand its offerings, Angi aims to enhance customer satisfaction and loyalty, driving further growth in the digital home services market.

What is the significance of the Angi brand rebranding?

The rebranding to Angi, which took place in 2021, signifies a shift towards a more unified and streamlined identity that reflects the company's evolution into a comprehensive home service marketplace. This change aims to enhance brand recognition, attract new customers, and more clearly communicate the value proposition to both homeowners and service professionals.

What recent developments have occurred at Angi Inc.?

Recent developments at Angi Inc. include ongoing enhancements to its digital platform aimed at improving user experience. The company has also focused on expanding its service offerings and geographic reach, as well as forging partnerships that complement its existing services, all of which are intended to drive growth in a competitive market for home improvement.

What role do customer reviews play in Angi's platform?

Customer reviews play a crucial role in Angi's platform by providing data points that guide homeowners in their hiring decisions. Positive reviews build credibility and trust for service providers, while negative feedback allows Angi to address performance issues proactively. This system creates transparency and encourages service providers to maintain high-quality standards in order to succeed on the platform.

What services does Angi Inc. provide?

Angi Inc. provides a variety of services geared towards homeowners and service professionals. It facilitates connections for home improvement projects, including remodeling, landscaping, plumbing, electrical work, and more. Additionally, Angi offers tools for homeowners to read reviews, view ratings, and compare quotes from local service providers to simplify decision-making.

When was Angi Inc. founded?

Angi Inc. was founded in 1995 as Angie's List by Angie Hicks and William S. Oberndorf. The company originally started as a local directory service for consumers to find trustworthy service providers in their communities. Over the years, it has transformed into a leading digital marketplace for home services, rebranding itself as Angi in 2021.

Where is Angi Inc. headquartered?

Angi Inc. is headquartered in Denver, Colorado. This location serves as the central hub for the company's operations, marketing, and business development efforts, reflecting its commitment to enhancing the home improvement experience for consumers and service professionals alike.

Who are Angi's main competitors?

Angi Inc. faces competition from various companies operating in the home services space, such as Thumbtack, Porch, Houzz, and TaskRabbit. Each of these platforms offers unique features aimed at connecting homeowners with service providers, thus creating a competitive landscape where Angi strives to differentiate itself through quality, user experience, and service variety.

What is the current price of Angi Inc. - Class A Common Stock?

The current price of Angi Inc. - Class A Common Stock is 13.10

When was Angi Inc. - Class A Common Stock last traded?

The last trade of Angi Inc. - Class A Common Stock was at 4:00 pm EDT on April 3rd, 2025

What is the market capitalization of Angi Inc. - Class A Common Stock?

The market capitalization of Angi Inc. - Class A Common Stock is 6.61B

How many shares of Angi Inc. - Class A Common Stock are outstanding?

Angi Inc. - Class A Common Stock has 504.47M shares outstanding.