Bark(US:BARK)2025-02-05 21:07Revenue Performance - Total revenue for Q3 FY2025 was approximately $126.4 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 $490 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, $1.4 million greater than the same period last year, primarily due to a $1.8 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 $4.9 million year-over-year improvement[10] - Adjusted EBITDA guidance for FY2025 is $1.0 million to $5.0 million, reflecting a year-over-year improvement of $11.6 million to $15.6 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]