Angi Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
ANGI$6.69-3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands) | ||
| Cash flows from operating activities attributable to continuing operations: | ||
| Net earnings (loss) | $38,134 | $(34,766) |
| Loss from discontinued operations, net of tax | — | (2,236) |
| Net earnings (loss) attributable to continuing operations | 38,134 | (32,530) |
| Adjustments to reconcile net earnings (loss) to net cash provided by operating activities attributable to continuing operations: | ||
| Depreciation | 65,741 | 69,687 |
| Provision for credit losses | 43,694 | 64,790 |
| Stock-based compensation expense | 28,093 | 33,590 |
| Non-cash lease expense (including impairment of right-of-use assets) | 13,813 | 9,136 |
| Deferred income taxes | (24,595) | (12,128) |
| Amortization of intangibles | — | 7,958 |
| Other adjustments, net | 373 | (405) |
| Changes in assets and liabilities, net of effects of acquisitions and dispositions: | ||
| Accounts receivable | (44,665) | (58,453) |
| Other assets | 21,094 | (7,671) |
| Accounts payable and other liabilities | (3,945) | 18,754 |
| Operating lease liabilities | (13,870) | (16,478) |
| Income taxes payable and receivable | (8,307) | 4,862 |
| Deferred revenue | 344 | 4,129 |
| Net cash provided by operating activities attributable to continuing operations | 115,904 | 85,241 |
| Cash flows from investing activities attributable to continuing operations: | ||
| Capital expenditures | (37,547) | (36,105) |
| Purchases of marketable debt securities | — | (12,362) |
| Proceeds from maturities of marketable debt securities | — | 12,500 |
| Proceeds from sales of fixed assets | 6 | 11 |
| Net cash used in investing activities attributable to continuing operations | (37,541) | (35,956) |
| Cash flows from financing activities attributable to continuing operations: | ||
| Purchases of treasury stock | (25,675) | (3,397) |
| Purchase of noncontrolling interests | (16,019) | — |
| Withholding taxes paid on behalf of employees on net settled stock-based awards | (5,652) | (4,780) |
| Distribution to IAC pursuant to the tax sharing agreement | (198) | — |
| Other, net | — | (57) |
| Net cash used in financing activities attributable to continuing operations | (47,544) | (8,234) |
| Total cash provided by continuing operations | 30,819 | 41,051 |
| Net cash provided by operating activities attributable to discontinued operations | — | 3,557 |
| Net cash provided by investing activities attributable to discontinued operations | — | 325 |
| Total cash provided by discontinued operations | — | 3,882 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 448 | 127 |
| Net increase in cash and cash equivalents and restricted cash | 31,267 | 45,060 |
| Cash and cash equivalents and restricted cash at beginning of period | 364,301 | 322,136 |
| Cash and cash equivalents and restricted cash at end of period | $395,568 | $367,196 |
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