Angie's List, Inc. IPO Advisory

IPO Research - IPO Boutique

<< Return Home

Subscribe Now
  IPO Boutique Blog
IPO Central
  IPO Calendar
  IPO Pipeline
  Track Record
  2015 IPOs
  2014 IPOs
  2013 IPOs
  2012 IPOs
  2011 IPOs
  2010 IPOs
  Last 10 IPO's & Quotes
  Sample IPO
  Rating Scale
  IPO Primer
  Current Week
  Track Record
  2015 Secondaries
  2014 Secondaries
  2013 Secondaries
  2012 Secondaries
  2011 Secondaries
  2010 Secondaries
  Secondaries Primer
International publications
quoting IPO Boutique
founder Scott Sweet
General Info
  About Us
  Contact Us
  Site Map
  A Touch of Humor

For IPO Boutique's "scale of 1 to 5" BUY rating on Angie's List, Inc., and our comprehensive analysis, click the "Buy Market Research" link.
Price Range
Issue Price
Trade Date
Angie's List, Inc.ANGI
[ Nasdaq ]
Last trade $14.56 $13.00 $18.008.4 million5/16/2012
BofA Merrill Lynch
Stifel Nicolaus Weisel, Allen & Co., RBC Capital Markets, Janney Montgomery Scott, Oppenheimer & Co., ThinkEquity, CODE Advisors, Wells Fargo Securities

Angie's List, Inc. Historical Chart - Click chart for current quote

About Angie's List, Inc. (adapted from Angie's List, Inc. prospectus):
Angie's List operates a consumer-driven solution for their members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services. Angie's List ratings and reviews, which are available only to their members, help their members to find the best provider for local service needs. As of June 30, 2011, Angie's List had more than 820,000 paid memberships. Angie's List allows local service providers who are highly rated by Angie's List members to advertise discounts and other promotions to their members.

Angie's List helps consumers purchase "high cost of failure" services in an extremely fragmented local marketplace. These services, which include home remodeling, plumbing, roof repair, health care and automobile repair, are typically expensive and carry a high cost to the consumer if performed poorly. Angie's List ratings are based exclusively on reviews from paid members.

As of June 30, 2011, Angie's List offered their service to paying members in 170 local markets in the United States. From December 31, 2008 through June 30, 2011, Angie's List grew from approximately 333,000 to more than 820,000 paid memberships, representing a compound annual growth rate of 43.4%. Their membership growth has been driven largely by national advertising, which resulted in a marketing expense of $30.2 million and $29.2 million in 2010 and the six months ended June 30, 2011, respectively. In 2010 and the six months ended June 30, 2011, Angie's List revenue was $59.0 million and $38.6 million, respectively. In the same periods, their net loss was $27.2 million and $25.8 million. See their prospectus for their explanation of these numbers.

This description is adapted from Angie's List prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.

Share this IPO Profile:

IPO Boutique aggregates information on public companies and private companies, such as Angie's List "ANGI" IPO, which is intended to educate our readers and help them evaluate potential investment opportunities and market conditions. We endeavor to research the financial industry and obtain independent verification of factual statements before presenting them to our users. Be informed.

Need a recommendation? Visit our Testimonials page and see over 200 investors singing our praises.

Used our Comprehensive Single Promo Advisory and want more?
We also offer a monthly or annual subscription

© 2005 - 2015 IPO Boutique. All Rights Reserved