Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results [Yahoo! Finance]
Wag! Group Co. (PET)
Company Research
Source: Yahoo! Finance
Positive Annual Adjusted EBITDA of $0.7 Million Board Approves Up to $10 Million Debt Pay Down Management Announces 2024 Guidance and Longer Term Outlook SAN FRANCISCO, February 14, 2024 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 $8.8 million related to the Forward Share Purchase Agreement. Breakeven Adjusted EBITDA
Show less
Read more
Impact Snapshot
Event Time:
PET
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PET alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PET alerts
High impacting Wag! Group Co. news events
Weekly update
A roundup of the hottest topics
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 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