Wag! Group Co.

Company Profile

Wag! Group Co. had its IPO on 2022-08-09 under the ticker symbol PET.

The company operates in the Technology sector and Software-Application industry. Wag! Group Co. has a staff strength of 82 employees.

Stock update

Shares of Wag! Group Co. opened at $2.07 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2 - $2.07, and closed at $2.02.

This is a -0.98% slip from the previous day's closing price.

A total volume of 21,095 shares were traded at the close of the day’s session.

In the last one week, shares of Wag! Group Co. have slipped by -0.49%.

Wag! Group Co.'s Key Ratios

Wag! Group Co. has a market cap of $78.73 million, indicating a price to book ratio of 10.6735 and a price to sales ratio of 1.6437.

In the last 12-months Wag! Group Co.’s revenue was $72.86 million with a gross profit of $39.82 million and an EBITDA of $-5891000. The EBITDA ratio measures Wag! Group Co.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wag! Group Co.’s operating margin was -9.5% while its return on assets stood at -11.46% with a return of equity of -510.08%.

In Q2, Wag! Group Co.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 55%.

Wag! Group Co.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.11 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wag! Group Co.’s profitability.

Wag! Group Co. stock is trading at a EV to sales ratio of 1.6392 and a EV to EBITDA ratio of -2.3538. Its price to sales ratio in the trailing 12-months stood at 1.6437.

Wag! Group Co. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$50.84 million

Total Liabilities

$18.88 million

Operating Cash Flow

$0

Capital Expenditure

$15000

Dividend Payout Ratio

0%

Wag! Group Co. ended 2024 with $50.84 million in total assets and $0 in total liabilities. Its intangible assets were valued at $50.84 million while shareholder equity stood at $5.04 million.

Wag! Group Co. ended 2024 with $0 in deferred long-term liabilities, $18.88 million in other current liabilities, 4000.00 in common stock, $-156073000.00 in retained earnings and $5.10 million in goodwill. Its cash balance stood at $24.79 million and cash and short-term investments were $24.79 million. The company’s total short-term debt was $1,680,000 while long-term debt stood at $25.57 million.

Wag! Group Co.’s total current assets stands at $34.54 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $7.76 million compared to accounts payable of $9.67 million and inventory worth $0.

In 2024, Wag! Group Co.'s operating cash flow was $0 while its capital expenditure stood at $15000.

Comparatively, Wag! Group Co. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.02

52-Week High

$6.5

52-Week Low

$1.5811

Analyst Target Price

$6.7

Wag! Group Co. stock is currently trading at $2.02 per share. It touched a 52-week high of $6.5 and a 52-week low of $6.5. Analysts tracking the stock have a 12-month average target price of $6.7.

Its 50-day moving average was $2.2 and 200-day moving average was $2.36 The short ratio stood at 0.42 indicating a short percent outstanding of 0%.

Around 1055.7% of the company’s stock are held by insiders while 7234.7% are held by institutions.