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Stock impact report

Breakeven On The Horizon For Angi Inc. (NASDAQ:ANGI) [Yahoo! Finance]

Angi Inc. - Class A (ANGI) 
Last angi inc. - class a earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.angihomeservices.com/investor-overview
Company Research Source: Yahoo! Finance
Angi Inc. connects home service professionals with consumers in the United States and internationally. On 31 December 2023, the US$1.0b market-cap company posted a loss of US$31m for its most recent financial year. Many investors are wondering about the rate at which Angi will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts' expectations for the company. See our latest analysis for Angi Angi is bordering on breakeven, according to the 8 American Interactive Media and Services analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$30m in 2025. So, the company is predicted to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 54% year-on-year, on average, whic Show less Read more
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