Wag! Group Co.

We’re excited to announce our 2024 Second Quarter results! Highlights include: ????? Achieved a record-breaking Adjusted EBITDA of $1.6m ????? Closed a follow-on public offering with net proceeds of $8.6m, which will be used to pay down debt as our prepayment penalty expires this month ????? Net loss improved to $2.3 million, compared to $3.9 million in the second quarter of last year We remain committed to driving significant shareholder value while we continue to delight pets and their parents across the country and the world. ?? De-TAILS: https://lnkd.in/gsK6Hrdp

We pause today to remember the thousands of lives lost on 9/11 and the enduring courage of the first responders who risked everything in the wake of that tragedy. Among those heroes were the search and rescue dogs who worked tirelessly after the attacks. Over 300 canine responders joined their human handlers at Ground Zero, the Pentagon, and other sites, offering not only their incredible skills but also much-needed emotional support. These dogs helped locate survivors and recover remains, providing a glimmer of hope during one of the darkest times in our history. One such dog, Nikie, a Golden Retriever, worked alongside handler Frank Shane at Ground Zero, offering comfort to workers and playing a key role in the recovery process. Their dedication, along with countless other dogs like Bretagne, Willow, Lucy, and Sage, left a lasting impact. These dogs braved toxic conditions, yet studies, such as those led by Dr. Cynthia Otto at the Penn Vet Working Dog Center, showed that despite their exposure, most rescue dogs lived full lives, defying initial concerns about long-term health risks from the environment they endured. Read more in this September 2023 article by the American Kennel Club:? e/news/9-11-search-rescue-dogs-health-studies/ We remember not only the dogs who served but also the human handlers who guided them and shared in the bravery and resilience required in such perilous times. Their stories, like that of ASPCA officer Diane DiGiacomo, serve as a powerful reminder of the strength that comes from the bond between humans and dogs during crises. Read more in this? 9/11 Memorial Museum article: https://lnkd.in/giEufPF5 #NeverForget #RescueDogs #9_11Dogs #VirginiaDogTrainer #DogTrainer #JoyfulDog #TimetoTrain

We are PAW-mped to be named a Top 10 Finalist for the 2024 DE&I Awards from NACD (National Association of Corporate Directors)! The Awards celebrate and recognize forward-thinking corporate boards that leverage the power of DE&I to enhance their governance, create long-term value for stakeholders, and build innovative and inclusive boardrooms and workplaces -- we're honored to be among those recognized. ???? Congratulations to the other Finalists and a huge thank you to all the organizations & boards out there making an impact in the DE&I space!

Today Wag! Group Co. announced its record-setting 1Q2024 results! We are so proud to continue our mission of making pet parenthood easier than ever, while also continuing to drive significant value to our shareholders. Here’s what we accomplished in Quarter 1: ?? Revenues increased 13% to $23.2 million, a record! ?? Adjusted EBITDA improved to $0.2 million, and we achieved positive cash flows from operating activities ?? Increased Platform Participants 10% vs 1Q2023 ?? Announced the launch of Furscription — SaaS tools for veterinary staff across the U.S. that already has a robust waitlist of veterinary clinic ?? Announced the launch of WeCompare — a consumer-facing brand leveraging our best-in-class digital insurance comparison tech to new verticals De-TAILS: https://lnkd.in/gKjs2gfY

Wag! Group Co. today announced WeCompare.com, taking our expertise in the pet insurance space and translating it across verticals with a robust comparison platform. We’re starting with auto and following with home, life, travel, and more! ???????? Check it out at wecompare.com, or read the press release for details: https://lnkd.in/gthV8qcA

Announcing the new and improved Dog Food Advisor! Early results of DFA’s rebrand have been incredible. We’re so excited to be able to continue bringing unbiased dog food reviews to pet parents around the world with this new and improved experience. ???? Read the press release: https://lnkd.in/dbA4jeEX

Con-Wag!-ulations to Wag! Group Co. very own CFO, Alec Davidian, for being honored as one of San Francisco's Top 25 CFOs! We’re so thankful to have you as part of our team, and it’s a no-brainer to us that you’d be recognized! ?????? Check out Alec Davidian and the other incredible honorees on TOP CFOs!

Wag! Group Co. is thrilled to report record fourth quarter and full year 2023 results! Our team has accomplished some incredible things these past 12 months, and we couldn’t be more excited for 2024. Highlights from today’s earnings call: ?? Revenue Records: Q4 revenues increased 27% to $21.7m vs. $17.0m in 4Q2022 and FY2023 revenues increased 53% to $83.9m vs. $54.9m in 2022 ?? ?? Adjusted EBITDA of $0.7m vs. an Adjusted EBITDA loss of $3.9m in 2022 ??Forecasting 2024 Revenue of $105m - $115m (+31% YoY) & $2m - $6m of Adj. EBITDA ?? Providing long-term guidance of driving towards >$200m in Revenue in 2027 We’re as committed as ever to solving the service, product, and wellness needs of the modern U.S. pet household – here’s to 2024 and beyond! De-TAILS: https://lnkd.in/ggyPkWMZ