Wag! Group Co (OQ:PET)

Sector:  Consumer Non-Cyclicals Industry:  Personal Services
 
See Regulatory Filings on SEC
Company Contact
Address: 55 Francisco Street, Suite 360
SAN FRANCISCO CA 94133
Tel: N/A
Website: https://wag.co
IR: See website
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Key People
N/A    
Business Overview
Wag! Group Co. is an online marketplace for pet care offering access to five-star dog walking, pet sitting, expert pet advice, wellness plans, and one-on-one training from its community of approximately 500,000 local pet caregivers nationwide. The Company develops and supports proprietary marketplace technologies available as a Website and mobile app (platform or marketplace) that enable Pet Parents (to connect with independent pet caregivers (PCGs) and third-party service and product partners to obtain pet services and products, including pet walking, sitting, boarding, pet insurance comparison, and food and treats. Its businesses include Wag Labs, Inc., a premier marketplace for offline pet services, such as dog walking and overnight boarding; Petted.com, which is an online comparison marketplace for pet insurance and wellness plans; and Dog Food Advisor, a marketplace for pet food and treat advice, as well as others ranging from early-stage to established businesses.
Financial Overview
For the three months ended 31 March 2024, Wag! Group Co revenues increased 13% to $23.2M. Net loss applicable to common stockholders increased 12% to $4.2M. Revenues reflect Wellness Revenue segment increase of 14% to $15.8M, Pet food & treats revenue segment increase of 55% to $2.1M. Higher net loss reflects Sales and marketing - Balancing value increase of 18% to $15.4M (expense).
Employees: 84 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $83.85M as of Mar 31, 2024
Annual revenue (TTM): $86.51M as of Mar 31, 2024
EBITDA (TTM): -$3.86M as of Mar 31, 2024
Net annual income (TTM): -$13.77M as of Mar 31, 2024
Free cash flow (TTM): -$3.37M as of Mar 31, 2024
Net Debt Last Fiscal Year: $10.74M as of Mar 31, 2024
Shares outstanding: 40,620,162 as of May 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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