Breakeven On The Horizon For Wag! Group Co. (NASDAQ:PET) [Yahoo! Finance]
Wag! Group Co. (PET)
Company Research
Source: Yahoo! Finance
Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. The US$80m market-cap company posted a loss in its most recent financial year of US$39m and a latest trailing-twelve-month loss of US$4.0m shrinking the gap between loss and breakeven. Many investors are wondering about the rate at which Wag! Group 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. Check out our latest analysis for Wag! Group Wag! Group is bordering on breakeven, according to the 5 American Consumer Services analysts. They expect the company to post a final loss in 2024, before turning a profit of US$5.8m 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
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PET
News
- Wag! To Report First Quarter 2024 Financial Results on May 9, 2024Business Wire
- Wag! Launches Furscription, a Revolutionary Software Solution to Solve the Veterinary Prescription HeadacheBusiness Wire
- Wag Group Co Insider Sells Shares [Yahoo! Finance]Yahoo! Finance
- Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 ResultsBusiness Wire
PET
Earnings
- 2/14/24 - Miss
PET
Sec Filings
- 4/19/24 - Form 4
- 4/17/24 - Form 4
- 4/10/24 - Form ARS
- PET's page on the SEC website