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DOGZ

Dogness (International) Corporation

DOGZ

Dogness (International) Corporation • NASDAQ
$12.76 ▲ 5.02% (+0.61)
Market Cap $171.13 M
52w High $56.02
52w Low $6.81
Dividend Yield 0%
P/E -33.58
Volume 75.27K
Outstanding Shares 13.41M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $12.086M ▲ $5.602M ▼ $-1.816M ▲ -15.025% ▲ $-0.14 ▲ $66.414K ▲
Q4-2024 $8.173M ▲ $6.027M ▲ $-2.859M ▲ -34.981% ▲ $-0.25 ▲ $-1.08M ▲
Q2-2024 $6.675M ▼ $4.888M ▼ $-3.197M ▲ -47.892% ▲ $-0.3 ▲ $-2.162M ▲
Q4-2023 $7.186M ▼ $6.076M ▼ $-4.246M ▼ -59.082% ▼ $-0.4 ▼ $-5.475M ▼
Q2-2023 $10.399M $6.249M $-2.955M -28.415% $-0.28 $-1.98M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $6.058M ▼ $97.869M ▼ $23.175M ▲ $74.694M ▼
Q4-2024 $6.956M ▲ $99.201M ▲ $22.79M ▲ $76.411M ▲
Q2-2024 $2.479M ▼ $97.957M ▲ $22.49M ▲ $75.467M ▼
Q4-2023 $4.483M ▼ $97.871M ▼ $21.526M ▼ $76.344M ▼
Q2-2023 $11.272M $109.922M $26.45M $83.241M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.816M ▲ $942.048K ▼ $-1.05M ▲ $-772.457K ▼ $-898.672K ▼ $-108.66K ▲
Q4-2024 $-2.859M ▲ $2.464M ▲ $-3.206M ▼ $5.556M ▲ $4.477M ▲ $-765.88K ▲
Q2-2024 $-3.197M ▲ $-1.65M ▲ $-238.828K ▼ $-341.684K ▲ $-2.004M ▼ $-1.945M ▲
Q4-2023 $-4.246M ▼ $-4.48M ▼ $9.977M ▲ $-1.528M ▼ $3.76M ▲ $-4.917M ▲
Q2-2023 $-2.955M $-4.422M $-11.459M $487.72K $0 $-5.506M

Revenue by Products

Product Q2-2021Q4-2021
Dyeing Services
Dyeing Services
 $0 ▲$0 ▲
Intelligent Pet Products
Intelligent Pet Products
 $0 ▲$0 ▲
Product
Product
 $10.00M ▲$10.00M ▲
Service
Service
 $0 ▲$0 ▲
Climbing Hooks
Climbing Hooks
 $0 ▲$0 ▲
Gift Suspender
Gift Suspender
 $0 ▲$0 ▲
Other Pet Accessories
Other Pet Accessories
 $0 ▲$0 ▲
Pet Collars
Pet Collars
 $0 ▲$0 ▲
Pet Harnesses
Pet Harnesses
 $0 ▲$0 ▲
Pet leashes
Pet leashes
 $0 ▲$0 ▲
Retractable Dog Leashes
Retractable Dog Leashes
 $0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Dogness is operating on a very small revenue base and has not shown clear, consistent growth in recent years. Sales have bounced around at low levels, and profitability has slipped from roughly break‑even a few years ago to steady losses more recently. Margins are thin, and the business does not yet appear to have enough scale to spread its costs effectively. The trend over the last couple of years points to pressure on earnings, with per‑share results moving further into negative territory.

Balance Sheet

Balance Sheet The balance sheet is modest in size but relatively straightforward. The company carries some debt, but reported equity is still clearly higher than its borrowings, which suggests some cushion for losses. Cash has moved up and down, at times quite low relative to the overall asset base, which can limit flexibility. Overall, the company does not appear heavily leveraged, but it also does not have a lot of excess resources to absorb prolonged weak performance without making adjustments.

Cash Flow

Cash Flow Cash generation has been inconsistent. Operating cash flow has hovered around break‑even, swinging between slightly positive and slightly negative. Free cash flow has mostly been negative in recent years, reflecting the combination of thin operating cash and past investment spending, although the most recent period looks closer to neutral as investment has been pulled back. This pattern indicates a business that is not yet self‑funding in a comfortable way and remains sensitive to even small changes in sales or costs.

Competitive Edge

Competitive Edge Dogness is focused on a niche within the broader pet market: smart, connected pet products. Its control over manufacturing and its shift toward higher‑margin intelligent devices give it some structural advantages versus brands that rely on outsourcing or that sell more basic accessories. The company sells internationally and has built a recognizable brand in its home market, which helps. However, the smart pet space is increasingly crowded, with many larger consumer and technology players able to enter or expand. Dogness’s small scale makes it more vulnerable to competitive pressure and changes in retailer or platform support, even though its specialization and ecosystem approach provide some differentiation.

Innovation and R&D

Innovation and R&D Innovation is a clear emphasis for Dogness. It has built a broad “smart pet ecosystem” that includes smart feeders, fountains, collars, trackers, and health monitoring tools, all tied together by an app and IoT platform. The company reports a large patent portfolio and continues to launch new products, including in areas like pet health analytics and connected home pet devices. Its investment in an affiliated technology company to deepen AI and health‑data capabilities supports this direction. At the same time, discontinuing certain products, such as a pet camera and treat dispenser, shows that not every innovation gains lasting traction and that the product lineup is still evolving and being pruned as the company learns what works.

Summary

Dogness is a small, specialized player in the smart pet products market, with promising technological capabilities but fragile financial performance. Revenues are still very low and lack a strong growth trend, and recent years have brought recurring losses and uneven cash flow. The balance sheet is not heavily indebted, but resources are limited, leaving little room for extended missteps. On the strategic side, the company’s vertically integrated manufacturing, ecosystem of connected products, and heavy focus on R&D and patents give it a distinct profile and potential upside if its category grows and it executes well. The main risks revolve around scale, competition from larger brands, and the need to translate innovation and product launches into sustainable, profitable growth over time.

NEWS

October 17, 2025 · 8:00 AM UTC

Dogness Reports Financial Results for Fiscal Year Ended June 30, 2025

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