Wag! Group Co.'s (NASDAQ:PET) Path To Profitability [Yahoo! Finance]
Wag! Group Co. (PET)
Company Research
Source: Yahoo! Finance
Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. The company's loss has recently broadened since it announced a US$13m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$14m, moving it further away from breakeven. Many investors are wondering about the rate at which Wag! Group will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. View our latest analysis for Wag! Group According to the 6 industry analysts covering Wag! Group, the consensus is that breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of US$1.6m in 2026. The company is therefore projected to breakeven around 2 years from today. How fast wil
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PET
News
- Wag! Group Second Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Wag! Group Co. (NASDAQ: PET) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $6.00 to $3.00. They now have an "outperform" rating on the stock.MarketBeat
- Wag! Reports Second Quarter 2024 ResultsBusiness Wire
- Wag! Group Co. (PET) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Wag! To Report Second Quarter 2024 Financial Results on August 7, 2024Business Wire
PET
Earnings
- 8/7/24 - Miss
PET
Sec Filings
- 9/12/24 - Form 4
- 9/12/24 - Form 4
- 9/12/24 - Form 4
- PET's page on the SEC website