Dogness revenue up 39.5% to $20.7M, loss narrows to $5.1M. Stock down 75%. Founder started from shoelace factory. Pet tech boosts hopes.

Dogness reported a 39.5% revenue increase to $20.7 million for the fiscal year ending June, with losses narrowing to $5.1 million. Despite this growth, the company's stock has plummeted 75% this year. Founded by Chen Silong in 2008, Dogness has benefited from the rising pet economy in China, particularly among younger consumers. The company, which went public in 2017, faces challenges due to recent revenue declines but may recover with the demand for high-tech pet products.

Technology drives revenue growth while losses narrow, Dogness investors are not convinced

Dogness's financial report shows that for the fiscal year ending in June, revenue grew by 39.5% to $20.7 million, and losses narrowed by 15.8% to $5.1 million. Despite strong sales of smart products, the stock price has fallen by 75% since the beginning of the year. The core pet leash business is weak, with traditional product revenue declining by 4.1% year-on-year to $8.6 million, while sales of smart pet products surged by 43.7% to $6.3 million, accounting for 30% of total revenue

Dogness (DOGZ) Losses Accelerate 13.9% Annually, High Valuation Raises Investor Caution

Dogness (International) (DOGZ) has seen its losses grow at an annualized rate of 13.9% over the past five years, with no signs of profitability or improvement in net profit margins. The company's high Price-To-Sales ratio of 9.3x significantly exceeds industry averages, raising concerns about its valuation amidst ongoing unprofitability. Market analysis indicates that DOGZ is viewed as a speculative stock, with share price instability and a lack of clear growth signals. Investors are advised to consider long-term trends and may want to explore more stable growth options.

Dogness Corp Navigates Financial Landscape with Strategic Moves

Dogness Corp, a British Virgin Islands holding company in the pet product industry, reported strategic financial maneuvers in its latest earnings for the fiscal year ending June 30, 2025. The company transferred significant cash to its Hong Kong subsidiary for working capital, primarily sourced from equity financing and warrant exercises. While specific financial metrics were not disclosed, Dogness Corp is focused on leveraging technology in pet care and navigating China's regulatory landscape to sustain growth and explore new market opportunities.

The Nasdaq Golden Dragon China Index initially rose over 2%. Among popular Chinese concept stocks, Dogness initially rose 22.8%, Niu Tech rose 16.6%, Pony AI rose 7.3%, Tencent rose 6.9%, Bilibili rose 6.6%, Alibaba rose 3.6%, while TSMC fell 1.1%