---
title: "Wag! | 8-K: FY2025 Q1 Revenue Misses Estimate at USD 15.17 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239824061.md"
datetime: "2025-05-12T11:08:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239824061.md)
  - [en](https://longbridge.com/en/news/239824061.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239824061.md)
generator: "portal-rs"
---

# Wag! | 8-K: FY2025 Q1 Revenue Misses Estimate at USD 15.17 M

Revenue: As of FY2025 Q1, the actual value is USD 15.17 M, missing the estimate of USD 19.3 M.

EPS: As of FY2025 Q1, the actual value is USD -0.1, missing the estimate of USD -0.07.

### Segment Revenue

-   Total revenue for the first quarter of 2025 was $15.2 million, a decrease from $23.2 million in the first quarter of 2024. This revenue was comprised of $4.9 million from Services, $9.2 million from Wellness, and $1.1 million from Pet Food & Treats.

### Operational Metrics

-   Net loss for the first quarter of 2025 was $4.9 million, compared to a net loss of $4.2 million in the first quarter of 2024.
-   Adjusted EBITDA loss was $1.2 million, compared to a positive Adjusted EBITDA of $0.2 million in the first quarter of 2024.
-   Total costs and expenses for the first quarter of 2025 were $18.9 million, down from $25.0 million in the first quarter of 2024.

### Cash Flow

-   Net cash provided by operating activities was $1.4 million for the first quarter of 2025, compared to $0.2 million in the first quarter of 2024.
-   Net cash used in investing activities was - $0.4 million, compared to - $0.3 million in the first quarter of 2024.
-   Net cash used in financing activities was - $0.5 million, compared to - $5.6 million in the first quarter of 2024.

### Unique Metrics

-   Platform Participants decreased to 472 as of March 31, 2025, from 671 as of March 31, 2024.

### Outlook / Guidance

-   For the full year 2025, Wag! Group Co. expects revenue in the range of $84 million to $88 million and Adjusted EBITDA in the range of $2.0 million to $4.0 million.

### Related Stocks

- [PET.US](https://longbridge.com/en/quote/PET.US.md)
- [PETXQ.US](https://longbridge.com/en/quote/PETXQ.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**