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Dogness (International) (DOGZ) investor relations material
Dogness (International) Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Designs and manufactures pet products, including smart collars, leashes, harnesses, feeders, and wellness items, with a focus on technology integration and vertical production.
Operates as a British Virgin Islands holding company with subsidiaries in China, Hong Kong, Delaware, and the BVI; most operations and assets are in China.
Exports a majority of products to the U.S. and Europe, selling through major retail chains and specialty pet stores.
Emphasizes R&D, holding 209 patents and 174 trademarks globally, and invests in smart pet technology and eco-friendly materials.
Vertically integrated manufacturing allows for in-house design, production, and quality control, supporting rapid product innovation.
Financial performance and metrics
R&D expenses were $1.1M in 2025, $0.6M in 2024, and $0.9M in 2023, representing 5.4%, 4.1%, and 5.3% of total revenues, respectively.
Smart product revenues were $6.3M in 2025, $4.4M in 2024, and $7.4M in 2023.
As of June 30, 2025, outstanding bank loans totaled $4.1M, with $2.0M due in one year.
No dividends have been paid to date; earnings are retained for business growth.
Major customers account for a significant portion of revenue, with the top four customers representing 30.4%, 13.9%, 13.3%, and 7.5% of 2025 revenue.
Use of proceeds and capital allocation
Net proceeds from offerings will be used for working capital, general corporate purposes, repayment/refinancing of debt, and potential acquisitions.
Proceeds may be temporarily invested in interest-bearing accounts or securities until used.
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