Wag! Reports Record Fourth Quarter and Preliminary Full Year 2023 Results
- Record Q4 and annual revenues showcase strong growth for Wag! Group Co.
- Positive annual adjusted EBITDA indicates financial stability and growth potential.
- Debt pay down approval signals a commitment to financial health and efficiency.
- 2024 revenue and adjusted EBITDA guidance demonstrate ambitious growth targets.
- Acquisition of WoofWoofTV expands Wag!'s reach into media and advertising.
- Strategic partnerships with Bright Horizons offer innovative pet care solutions for employers.
- Positive cohort performance and revenue growth highlight Wag!'s successful business strategies.
- Board's authorization for debt pay down aims to enhance free cash flow and financial strength.
- Long-term revenue growth projection of 25% compound annual growth rate until 2027 showcases ambitious expansion plans.
- Conference call and webcast provide transparency and engagement with investors and analysts.
- None.
Insights
The announcement by Wag! Group Co. of record revenues and positive annual adjusted EBITDA is a significant indicator of the company's financial health and operational efficiency. The 27% year-over-year increase in Q4 revenues and 53% rise in annual revenues reflect a robust demand for the company's services, which is a positive sign for investors. The focus on differentiated growth through Services, Wellness and Pet Food & Treats, along with strategic acquisitions like WoofWoofTV, suggests a deliberate expansion into new revenue streams such as media and advertising. This diversification could mitigate risks associated with reliance on a single revenue source.
However, the reported net loss, despite being lower than the previous year, indicates ongoing challenges in achieving profitability. The forward guidance for 2024, projecting a significant increase in Adjusted EBITDA, suggests management's confidence in operational improvements and cost management. The authorized debt pay down is a prudent move to reduce financial leverage and interest expenses, which could enhance future free cash flow and financial stability. Nevertheless, investors should be cautious as forward-looking statements are based on current expectations and are subject to uncertainties.
Wag!'s entry into employer-sponsored distribution channels and its acquisition of WoofWoofTV highlight a strategic pivot towards capturing a greater share of the pet care market. The pet industry has seen consistent growth and Wag!'s efforts to position itself as a comprehensive platform for pet services align with consumer trends favoring convenience and holistic pet care solutions. The record revenue per Services cohort and the growth in platform participants are indicative of strong customer retention and acquisition strategies.
The company's long-term outlook, with an anticipated compound revenue growth of 25% through 2027, reflects an aggressive growth strategy in a competitive market. This ambition must be balanced against potential macroeconomic changes that could affect discretionary spending on pet services. The emphasis on achieving greater than $200 million of revenues by 2027 sets high expectations for performance and scalability, which could influence investor sentiment and stock valuation.
The positive financial trajectory of Wag! Group Co., against the backdrop of a dynamic macroeconomic environment, underscores the resilience of the pet care industry. Consumer spending on pets tends to be relatively inelastic, which provides a buffer during economic downturns. The company's strategic investments and expansion into new channels, such as employer-sponsored pet care, could capitalize on the growing trend of pet-friendly workplace policies, potentially opening new markets and driving demand.
The guidance for revenue growth and improved Adjusted EBITDA margins indicates an expectation of operational scaling and margin improvements. However, the company's performance must be monitored in the context of inflationary pressures, interest rate changes and consumer sentiment, which can all influence discretionary spending. The planned debt reduction aligns with a cautious approach to financial management in uncertain economic times, potentially strengthening the company's balance sheet and investor confidence.
Record Q4 Revenues of
Record Annual Revenues of
Positive Annual Adjusted EBITDA of
Board Approves Up to
Management Announces 2024 Guidance and Longer Term Outlook
Fourth Quarter 2023 Highlights:
-
Revenues increased
27% to$21.7 million $17.0 million $6.3 million $13.5 million $1.9 million -
Net loss was
$3.5 million $5.8 million $8.8 million -
Breakeven Adjusted EBITDA, compared to an Adjusted EBITDA loss of
$0.4 million
Full Year 2023 Highlights:
-
Revenues increased
53% to$83.9 million $54.9 million $24.4 million $52.9 million $6.6 million -
Net loss was
$13.3 million $38.6 million -
Adjusted EBITDA of
$0.7 million $3.9 million
"2023 marks another record year of results for Wag!. We achieved both record revenues and Adjusted EBITDA in the year,” said Garrett Smallwood, CEO and Chairman of Wag!.
“The compounding of our bets in Services, Wellness, and Pet Food & Treats are enabling us to differentiate Wag! for long-term, profitable growth, and we’re thrilled to enter 2024 stronger than ever,” concluded Smallwood.
Recent Business Highlights:
-
Achieved 600,000 Platform Participants in Q4 2023, an increase of
38% from 434,000 in Q4 2022. - Acquired WoofWoofTV, a leading pet social media platform, with 18 million followers across Facebook, Instagram, Snapchat, TikTok, and YouTube. WoofWoofTV marks Wag!’s entrance into media and advertising.
- Achieved record revenue per Services cohort, after setting a prior record in 2022. Annual cohort performance continues to outperform legacy cohorts.
- Announced Wag! Pet Care Solutions are now available through Bright Horizons Back-up Care Services, providing employers across the nation with the ability to offer sponsored pet care solutions for employees. This marks Wag!’s entrance into the employer sponsored distribution channel.
Guidance and Outlook
For the full year 2024, we expect:
-
Revenues in the range of
$105 million $115 million 25% to37% . -
Adjusted EBITDA1 in the range of
$2 million $6 million 177% to731% .
This guidance anticipates an Adjusted EBITDA margin in the range of
We also announced that our Board of Directors has authorized a debt pay down of up to
Looking beyond 2024, we expect
Management will further address full-year guidance on the earnings conference call.
1 |
|
Information reconciling forward-looking Adjusted EBITDA and Adjusted EBITDA margin to the comparable GAAP financial measures is unavailable to the company without unreasonable effort, as discussed in our Non-GAAP Financial Measures and Other Operating Metrics section below. |
Wag!’s Fourth Quarter and Full Year 2023 Conference Call
Wag! will host a conference call and live webcast today, February 14, 2024, at 4:30 p.m. ET to discuss financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-9208 (international callers please dial 1-201-493-6784) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at https://investors.wag.co.
A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed online at https://investors.wag.co for 90 days.
Wag! also provides announcements regarding financial performance and other matters, including SEC filings, investor events, press and earnings releases, on our investor relations website (https://investors.wag.co), and/or social media outlets, as a means of disclosing material information and complying with disclosure obligations under Regulation FD. The list of social media channels that Wag! uses may be updated on the investor relations website from time to time. In addition, you may automatically receive email alerts and other information about Wag! when you enroll your email address by visiting the “Email Alerts” section at (https://investors.wag.co/ir-resources/email-alerts).
About Wag! – Wag.co
Wag! Group Co. strives to be the #1 platform to solve the service, product, and wellness needs for the modern
Non-GAAP Financial Measures and Other Operating Metrics
Adjusted EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for interest expense, net; income taxes; depreciation and amortization; and share-based compensation, as well as other items to be consistent with definitions typically used by lenders, including transaction costs. Additionally, we exclude the impact of certain non-recurring items which are not indicative of our operating performance as well as other transaction-specific costs that do not represent an ongoing operating expense of the business, including but not limited to, business combination transaction and integration costs and PPP loan forgiveness. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenues. Adjusted EBITDA and Adjusted EBITDA margin provide a basis for comparison of our business operations between current, past, and future periods by excluding items from net income (loss) that we do not believe are indicative of our core operating performance.
Platform Participant is defined as a Pet Parent or Pet Caregiver who transacted on the Wag! platform for a service in the quarter. Services include dog walking, sitting, boarding, drop-ins, training, premium telehealth services, wellness plans, and pet insurance plan comparison.
Information reconciling forward-looking Adjusted EBITDA and Adjusted EBITDA margin to GAAP financial measures is unavailable to the Company without unreasonable effort. The Company is not able to provide reconciliations of Adjusted EBITDA and Adjusted EBITDA margin to GAAP financial measures because certain items required for such reconciliations are outside of the Company’s control and/or cannot be reasonably predicted, such as the provision for income taxes. Preparation of such reconciliations would require a forward-looking balance sheet, statement of income and statement of cash flow, prepared in accordance with GAAP, and such forward-looking financial statements are unavailable to the company without unreasonable effort. The Company provides a range for its Adjusted EBITDA and Adjusted EBITDA margin forecast that it believes will be achieved, however it cannot accurately predict all the components of the Adjusted EBITDA and Adjusted EBITDA margin calculation. The Company provides an Adjusted EBITDA and an Adjusted EBITDA margin forecast because it believes that Adjusted EBITDA and Adjusted EBITDA margin, when viewed with the Company’s results under GAAP, provides useful information for the reasons noted above. However, Adjusted EBITDA and Adjusted EBITDA margin are not measures of financial performance or liquidity under GAAP and, accordingly, should not be considered as alternatives to net income (loss), net income (loss) margin or cash flow from operating activities as an indicator of operating performance or liquidity.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the Company’s ability to further develop and advance its pet service offerings and achieve scale; ability to attract and retain personnel; market opportunity, anticipated growth, and future financial performance, including management’s financial outlook for the fiscal year 2024 and through fiscal year 2027 and other expectations described under “Guidance and Outlook”. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. The preliminary financial results for the Company’s fourth quarter and full year ended December 31, 2023 included in this press release represent the most current information available to management. The Company’s actual results when disclosed in its Form 10-K may differ from these preliminary results as a result of the completion of the Company’s financial closing procedures; completion of the audit by the Company’s independent registered accounting firm; and other developments that may arise between now and the filing of its Form 10-K. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: management’s financial outlook for the future; market adoption of the Company’s pet service offerings and solutions; failure to realize the financial benefits of acquisitions; the ability of the Company to protect its intellectual property; changes in the competitive industries in which the Company operates; changes in laws and regulations affecting the Company’s business; the Company’s ability to implement its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s filings with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.
Wag! Group Co.
|
||||||||
|
|
December 31, |
||||||
|
|
2023 |
|
2022 |
||||
|
|
(in thousands) |
||||||
ASSETS |
||||||||
Current assets: |
|
|
|
|
||||
Cash and cash equivalents |
|
$ |
18,323 |
|
|
$ |
38,966 |
|
Accounts receivable, net |
|
|
10,023 |
|
|
|
5,872 |
|
Prepaid expenses and other current assets |
|
|
3,428 |
|
|
|
2,585 |
|
Total current assets |
|
|
31,774 |
|
|
|
47,423 |
|
Property and equipment, net |
|
|
347 |
|
|
|
88 |
|
Operating lease right-of-use assets |
|
|
1,045 |
|
|
|
695 |
|
Intangible assets, net |
|
|
8,828 |
|
|
|
2,590 |
|
Goodwill |
|
|
4,646 |
|
|
|
1,451 |
|
Other assets |
|
|
57 |
|
|
|
64 |
|
Total assets |
|
$ |
46,697 |
|
|
$ |
52,311 |
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
||||||||
Current liabilities: |
|
|
|
|
||||
Accounts payable |
|
$ |
9,919 |
|
|
$ |
7,174 |
|
Accrued expenses and other current liabilities |
|
|
4,015 |
|
|
|
4,765 |
|
Deferred revenue |
|
|
1,781 |
|
|
|
2,232 |
|
Deferred purchase consideration – current portion |
|
|
547 |
|
|
|
750 |
|
Operating lease liabilities – current portion |
|
|
386 |
|
|
|
306 |
|
Notes payable – current portion |
|
|
1,751 |
|
|
|
1,264 |
|
Total current liabilities |
|
|
18,399 |
|
|
|
16,491 |
|
Operating lease liabilities – non-current portion |
|
|
816 |
|
|
|
435 |
|
Notes payable – non-current portion, net of debt discount and warrant allocation of |
|
|
25,664 |
|
|
|
24,970 |
|
Deferred purchase consideration – non-current portion |
|
|
— |
|
|
|
493 |
|
Other non-current liabilities |
|
|
172 |
|
|
|
— |
|
Total liabilities |
|
|
45,051 |
|
|
|
42,389 |
|
Commitments and contingencies |
|
|
|
|
||||
Stockholders’ equity: |
|
|
|
|
||||
Common stock |
|
|
4 |
|
|
|
4 |
|
Additional paid-in capital |
|
|
163,376 |
|
|
|
158,335 |
|
Accumulated deficit |
|
|
(161,734 |
) |
|
|
(148,417 |
) |
Total stockholders’ equity |
|
|
1,646 |
|
|
|
9,922 |
|
Total liabilities and stockholders’ equity |
|
$ |
46,697 |
|
|
$ |
52,311 |
|
Wag! Group Co.
|
||||||||||||||||
|
|
Three Months Ended |
|
Twelve Months Ended |
||||||||||||
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
||||||||
|
|
(in thousands, except per share amounts) |
||||||||||||||
Revenues |
|
$ |
21,673 |
|
|
$ |
17,036 |
|
|
$ |
83,916 |
|
|
$ |
54,865 |
|
Costs and expenses: |
|
|
|
|
|
|
|
|
||||||||
Cost of revenues (exclusive of depreciation and amortization shown separately below) |
|
|
1,767 |
|
|
|
997 |
|
|
|
5,477 |
|
|
|
4,024 |
|
Platform operations and support |
|
|
2,845 |
|
|
|
2,790 |
|
|
|
12,475 |
|
|
|
13,825 |
|
Sales and marketing |
|
|
13,735 |
|
|
|
10,500 |
|
|
|
50,523 |
|
|
|
35,156 |
|
Royalty |
|
|
— |
|
|
|
— |
|
|
|
1,791 |
|
|
|
— |
|
General and administrative |
|
|
4,736 |
|
|
|
3,869 |
|
|
|
19,223 |
|
|
|
32,415 |
|
Depreciation and amortization |
|
|
503 |
|
|
|
140 |
|
|
|
1,673 |
|
|
|
571 |
|
Total costs and expenses |
|
|
23,586 |
|
|
|
18,296 |
|
|
|
91,162 |
|
|
|
85,991 |
|
Interest expense |
|
|
1,731 |
|
|
|
1,961 |
|
|
|
7,417 |
|
|
|
2,886 |
|
Interest income |
|
|
(193 |
) |
|
|
(275 |
) |
|
|
(907 |
) |
|
|
(416 |
) |
Other expense (income), net |
|
|
— |
|
|
|
(8,750 |
) |
|
|
21 |
|
|
|
4,958 |
|
Income (Loss) before income taxes and equity in net earnings of affiliate |
|
|
(3,451 |
) |
|
|
5,804 |
|
|
|
(13,777 |
) |
|
|
(38,554 |
) |
Income taxes |
|
|
14 |
|
|
|
— |
|
|
|
93 |
|
|
|
13 |
|
Equity in net earnings of equity method investments |
|
|
— |
|
|
|
— |
|
|
|
553 |
|
|
|
— |
|
Net income (loss) |
|
$ |
(3,465 |
) |
|
$ |
5,804 |
|
|
$ |
(13,317 |
) |
|
$ |
(38,567 |
) |
Earnings (Loss) per share: |
|
|
|
|
|
|
|
|
||||||||
Basic |
|
$ |
(0.09 |
) |
|
$ |
0.16 |
|
|
$ |
(0.35 |
) |
|
$ |
(2.07 |
) |
Diluted |
|
$ |
(0.09 |
) |
|
$ |
0.07 |
|
|
$ |
(0.35 |
) |
|
$ |
(2.07 |
) |
Weighted-average common shares outstanding used in computing earnings (loss) per share: |
|
|
|
|
|
|
|
|
||||||||
Basic |
|
|
39,416 |
|
|
|
37,372 |
|
|
|
38,402 |
|
|
|
18,641 |
|
Diluted |
|
|
39,416 |
|
|
|
79,468 |
|
|
|
38,402 |
|
|
|
18,641 |
|
Wag! Group Co.
|
||||||||
|
|
Year Ended December 31, |
||||||
|
|
2023 |
|
2022 |
||||
|
|
(in thousands) |
||||||
Cash flow from operating activities: |
|
|
|
|
||||
Net loss |
|
$ |
(13,317 |
) |
|
$ |
(38,567 |
) |
Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
||||
Stock-based compensation |
|
|
4,712 |
|
|
|
24,492 |
|
Non-cash interest expense |
|
|
2,506 |
|
|
|
1,115 |
|
Depreciation and amortization |
|
|
1,673 |
|
|
|
571 |
|
Reduction in carrying amount of operating lease right-of-use assets |
|
|
333 |
|
|
|
366 |
|
Change in fair value of derivative liability |
|
|
— |
|
|
|
4,958 |
|
Issuance of Community Shares |
|
|
— |
|
|
|
1,971 |
|
Equity in net earnings of equity method investments |
|
|
(553 |
) |
|
|
— |
|
Other |
|
|
12 |
|
|
|
— |
|
Changes in operating assets and liabilities, net of effect of acquired business: |
|
|
|
|
||||
Accounts receivable |
|
|
(4,083 |
) |
|
|
(3,234 |
) |
Prepaid expenses and other current assets |
|
|
(395 |
) |
|
|
534 |
|
Operating lease liabilities |
|
|
(208 |
) |
|
|
(334 |
) |
Other assets |
|
|
7 |
|
|
|
— |
|
Accounts payable |
|
|
3,995 |
|
|
|
4,853 |
|
Accrued expenses and other current liabilities |
|
|
(841 |
) |
|
|
128 |
|
Deferred revenue |
|
|
(478 |
) |
|
|
344 |
|
Other non-current liabilities |
|
|
172 |
|
|
|
— |
|
Net cash used in operating activities |
|
|
(6,465 |
) |
|
|
(2,803 |
) |
Cash flows from investing activities: |
|
|
|
|
||||
Proceeds from sale and maturity of short-term investments |
|
|
— |
|
|
|
2,550 |
|
Cash paid for acquisitions, net of cash acquired |
|
|
(10,430 |
) |
|
|
54 |
|
Cash paid for equity method investment |
|
|
(1,470 |
) |
|
|
— |
|
Purchase of property and equipment |
|
|
(361 |
) |
|
|
(51 |
) |
Other |
|
|
— |
|
|
|
(718 |
) |
Net cash provided by (used in) investing activities |
|
|
(12,261 |
) |
|
|
1,835 |
|
Cash flows from financing activities: |
|
|
|
|
||||
Proceeds from exercises of stock options |
|
|
104 |
|
|
|
17 |
|
Proceeds from debt, net of discount |
|
|
— |
|
|
|
24,123 |
|
Repayment of debt |
|
|
(1,264 |
) |
|
|
(565 |
) |
Proceeds from issuance of Series P preferred stock, net of issuance costs |
|
|
— |
|
|
|
10,925 |
|
Proceeds from Business Combination with CHW, net of transaction costs |
|
|
— |
|
|
|
2,589 |
|
Other |
|
|
(757 |
) |
|
|
— |
|
Net cash provided by (used in) financing activities |
|
|
(1,917 |
) |
|
|
37,089 |
|
Net change in cash and cash equivalents |
|
|
(20,643 |
) |
|
|
36,121 |
|
Cash and cash equivalents, beginning of period |
|
|
38,966 |
|
|
|
2,845 |
|
Cash and cash equivalents, end of period |
|
$ |
18,323 |
|
|
$ |
38,966 |
|
Wag! Group Co.
|
||||||||||||||||
|
|
Three Months Ended |
|
Twelve Months Ended |
||||||||||||
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
||||||||
|
|
(in thousands, except percentages) |
||||||||||||||
Net income (loss) |
|
$ |
(3,465 |
) |
|
$ |
5,804 |
|
|
$ |
(13,317 |
) |
|
$ |
(38,567 |
) |
Interest expense, net |
|
|
1,538 |
|
|
|
1,686 |
|
|
|
6,510 |
|
|
|
2,470 |
|
Income taxes |
|
|
14 |
|
|
|
— |
|
|
|
93 |
|
|
|
13 |
|
Depreciation and amortization |
|
|
503 |
|
|
|
140 |
|
|
|
1,673 |
|
|
|
571 |
|
Stock-based compensation |
|
|
1,184 |
|
|
|
476 |
|
|
|
4,712 |
|
|
|
24,492 |
|
Integration and transaction costs associated with acquired business |
|
|
— |
|
|
|
220 |
|
|
|
189 |
|
|
|
220 |
|
Severance costs |
|
|
68 |
|
|
|
— |
|
|
|
199 |
|
|
|
— |
|
Legal settlements |
|
|
163 |
|
|
|
— |
|
|
|
663 |
|
|
|
— |
|
Change in fair value of derivative liability |
|
|
— |
|
|
|
(8,750 |
) |
|
|
— |
|
|
|
4,958 |
|
Issuance of Community Shares |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,971 |
|
Adjusted EBITDA (loss) |
|
$ |
5 |
|
|
$ |
(424 |
) |
|
$ |
722 |
|
|
$ |
(3,872 |
) |
Revenues |
|
$ |
21,673 |
|
|
$ |
17,036 |
|
|
$ |
83,916 |
|
|
$ |
54,865 |
|
Adjusted EBITDA (loss) margin |
|
|
— |
% |
|
|
(2.5 |
) % |
|
|
0.9 |
% |
|
|
(7.1 |
) % |
Wag! Group Co.
|
||||||||||||||||
|
|
Three Months Ended |
|
Twelve Months Ended |
||||||||||||
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
|
December 31,
|
||||||||
|
|
(in thousands, except percentages) |
||||||||||||||
Platform Participants (as of period end) |
|
|
600 |
|
|
|
434 |
|
|
|
600 |
|
|
|
434 |
|
Revenues |
|
$ |
21,673 |
|
|
$ |
17,036 |
|
|
$ |
83,916 |
|
|
$ |
54,865 |
|
Net income (loss) |
|
$ |
(3,465 |
) |
|
$ |
5,804 |
|
|
$ |
(13,317 |
) |
|
$ |
(38,567 |
) |
Net income (loss) margin |
|
|
(16.0 |
) % |
|
|
34.1 |
% |
|
|
(15.9 |
) % |
|
|
(70.3 |
) % |
Net cash provided by (used in) operating activities |
|
$ |
(1,841 |
) |
|
$ |
775 |
|
|
$ |
(6,465 |
) |
|
$ |
(2,803 |
) |
Adjusted EBITDA (loss) |
|
$ |
5 |
|
|
$ |
(424 |
) |
|
$ |
722 |
|
|
$ |
(3,872 |
) |
Adjusted EBITDA (loss) margin |
|
|
— |
% |
|
|
(2.5 |
) % |
|
|
0.9 |
% |
|
|
(7.1 |
) % |
View source version on businesswire.com: https://www.businesswire.com/news/home/20240214548963/en/
Media:
Wag!: Media@wagwalking.com
Investor Relations:
Wag!: IR@wagwalking.com
Gateway for Wag!: PET@gateway-grp.com
Source: Wag! Group Co.
FAQ
What were Wag! Group Co.'s (PET) Q4 revenues and how do they compare to the previous year?
What were Wag! Group Co.'s (PET) annual revenues for the year?
What was Wag! Group Co.'s (PET) annual adjusted EBITDA for the year?
How much debt pay down did Wag! Group Co. (PET) approve?
What is Wag! Group Co.'s (PET) revenue guidance for 2024?
What is Wag! Group Co.'s (PET) adjusted EBITDA guidance for 2024?
What acquisition did Wag! Group Co. (PET) make recently?
What partnerships did Wag! Group Co. (PET) announce for pet care solutions?
What long-term revenue growth projection did Wag! Group Co. (PET) provide?
When will Wag! Group Co.'s (PET) conference call take place?
