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Dogness Corp Reports Decreased Revenue and Assets

Dogness Corp Reports Decreased Revenue and Assets

Dogness Corp (DOGZ) has released an update.

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Dogness Corp’s unaudited financial statements reveal a slight decrease in total assets, down from $97,871,328 as of June 30, 2023, to $97,956,985 as of December 31, 2023. The company has reported a reduction in total liabilities from $21,526,023 to $22,489,602 within the same period. Revenue for the six months ended December 31, 2023, dropped to $6,674,687 compared to $10,398,607 for the same period in the previous year, with a corresponding decrease in gross profit.

For further insights into DOGZ stock, check out TipRanks’ Stock Analysis page.

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