Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results
Wag! Group Co. (PET)
Company Research
Source: Business Wire
Record Q4 Revenues of $21.7 Million, Up 27% Year-over-YearRecord Annual Revenues of $83.9 Million, Up 53% Year-over-YearPositive Annual Adjusted EBITDA of $0.7 MillionBoard Approves Up to $10 Million Debt Pay DownManagement Announces 2024 Guidance and Longer Term Outlook SAN FRANCISCO--(BUSINESS WIRE)--Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the #1 platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter 2023 Highlights:Revenues increased 27% to $21.7 million, compared to $17.0 million in the fourth quarter of 2022, a quarterly revenue record – comprised of $6.3 million of Services revenue, $13.5 million of Wellness revenue, and $1.9 million of Pet Food & Treats revenue.Net loss was $3.5 million, compared to net income of $5.8 million in the fourth quarter of 2022, which included a one-time benefit of $8
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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
- Breakeven On The Horizon For Wag! Group Co. (NASDAQ:PET) [Yahoo! Finance]Yahoo! Finance
- Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
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