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Dogness International Corp

dogness.com

What Do They Do?

Makes traditional pet gear and smart pet products for wholesalers, retailers and pet stores.

How Do They Make Money?

Wholesalers and retailers buy pet products, and sales are counted when buyers take ownership; dyeing fees are earned when dyed items are delivered and accepted.

revenue
SegmentShareRevenue
Traditional Pet Products
Sold outright

61%
FY2021: 59%
Intelligent Pet Products
Sold outright

30%
FY2021: 32%
Climbing Hooks And Others
Sold outright
9.1%
FY2021: 5.5%
Product
Sold outright

99%
FY2021: 97%
Dyeing Services
Sold outright
0.6%
FY2021: 3.4%
Service
Sold outright
0.6%
FY2021: 3.5%

Who Are Their Customers?

Wholesalers and retailers buy pet products, which are sold to pet stores, including major chains; most products are exported to the U.S. and Europe.

Do Revenues Turn Into Profits?

No. It lost $6.1M in FY2024.

Operating income, FY2024
−7423% of revenue
▼ −21% (Loss) vs FY2023 (−$9.6M, −563%)
Net income, FY2024
−5969% of revenue
▼ −16% (Loss) vs FY2023 (−$7.2M, −424%)
Free cash flow, FY2024
−2672% of revenue
▼ −74% (Loss) vs FY2023 (−$10.4M, −613%)

How Are They Changing?

Revenue over time
Traditional Pet Products Intelligent Pet Products Climbing Hooks And Others Product Dyeing Services Service Service, Other
$50M$25M$0

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