(ANGI) ANGI Homeservices - Ratings and Ratios

Aangi Inc. is a platform that bridges the gap between home service professionals and consumers, operating in the United States and internationally. The company's business is divided into three main segments: Ads and Leads, Services, and International. Through these segments, Angi provides consumers with a range of tools and resources to find, research, and hire local, pre-screened service professionals. This includes access to a network of service professionals across various categories, verified reviews, and valuable content to inform their hiring decisions.

The Ads and Leads segment is a key part of Angi's business, connecting consumers with service professionals through a nationwide network. This segment offers a range of services, including term-based advertising on websites, mobile platforms, and magazines, as well as quoting, invoicing, and payment services for certified professionals. Consumers can also access the online True Cost Guide, which provides detailed project cost information for various types of projects, as well as a library of home services-related content. This helps consumers make informed decisions when hiring professionals and budgeting for projects.

In addition to Ads and Leads, Angi's Services segment offers a pre-priced service platform, where consumers can request and pay for services directly through the Angi and Handy platforms. This segment also provides professionals with access to a pool of consumers seeking their services, but requires them to validate their experience, licenses, and maintain a satisfactory rating to remain on the platform. This ensures that consumers have access to high-quality, reliable professionals, while also providing professionals with a steady stream of potential clients.

Aangi Inc.'s International segment operates a range of home services marketplaces, including Travaux, MyBuilder, MyHammer, Werkspo, and Homestars. These platforms provide similar services to the company's US-based operations, connecting consumers with local service professionals in various international markets. With its global reach and range of services, Angi Inc. is well-positioned to capitalize on the growing demand for home services, driven by increasing homeownership and a growing need for maintenance and renovation services.

As a subsidiary of IAC Inc., Angi Inc. has the resources and support to continue expanding its services and improving its platforms. The company's commitment to providing high-quality, reliable services has earned it a strong reputation in the industry, and its focus on innovation and customer satisfaction is likely to drive further growth and success in the future. With its common stock listed on the NASDAQ exchange and a presence in the interactive media and services sector, Angi Inc. is an important player in the global home services market.