US EditionDogness Reports Financial Results for the Six Months Ended December 31, 2024
- Dogness announced its financial results for the six months ended December 31, 2024, with the announcement originating from China and Texas on March 31, 2025.
- High demand across product categories and regions drove an increase in revenue, alongside cost management and economies of scale improving operating results.
- Revenue reached $12.1 million, an 81.1% increase from 2023, driven by a $2.3 million rise in intelligent pet product sales and a $2.1 million increase in climbing hook sales.
- International sales increased by $3.4 million to $8.0 million, while domestic sales rose by $2.0 million, and the cost of revenues increased by $3.3 million due to higher sales volume.
- Dogness reported a $1.4 million decrease in net loss, alongside a gross profit increase of $2.1 million, and aims to innovate, expand globally, and drive cost efficiencies.
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Dogness Reports Financial Results for the Six Months Ended December 31, 2024
DONGGUAN, China and PLANO, Texas, March 31, 2025 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results…
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