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Bark(BARK) - 2025 Q3 - Quarterly Results
BARKBark(BARK)2025-02-05 21:07

Revenue Performance - Total revenue for Q3 FY2025 was approximately 126.4million,a1.1126.4 million, a 1.1% year-over-year increase, surpassing the high-end of the company's guidance range[10] - BARK Air generated 2 million in revenue during Q3 FY2025, showing encouraging progress[7] - The commerce segment grew over 25% year-to-date, contributing to strong momentum heading into fiscal 2026[7] - For FY2025, the company reaffirmed its revenue guidance of 490millionto490 million to 500 million, reflecting flat to 2.0% year-over-year growth[17] Profitability and Losses - Net loss for Q3 FY2025 was approximately (11.5)million,(11.5) million, 1.4 million greater than the same period last year, primarily due to a 1.8milliongainfromdebtextinguishmentintheprioryear[10]−AdjustedEBITDAforQ3FY2025wasapproximately1.8 million gain from debt extinguishment in the prior year[10] - Adjusted EBITDA for Q3 FY2025 was approximately (1.6) million, within the company's guidance range and a 4.9millionyear−over−yearimprovement[10]−AdjustedEBITDAguidanceforFY2025is4.9 million year-over-year improvement[10] - Adjusted EBITDA guidance for FY2025 is 1.0 million to 5.0million,reflectingayear−over−yearimprovementof5.0 million, reflecting a year-over-year improvement of 11.6 million to 15.6million[17]SubscriberGrowthandMarketing−Newsubscribersincreasedby815.6 million[17] Subscriber Growth and Marketing - New subscribers increased by 8% year-over-year, driven by strategic marketing investments[7] - The company migrated all paid media to the BARK.co platform, with initial results exceeding expectations[7] Technology and Operational Costs - Technology modernization costs, including consulting fees and payroll, were 545,000 for Q3 FY2025, considered discrete and non-recurring[23]