Dogness (International) Corp: Annual report (foreign issuer)
Dogness reported a wider net loss of $(27,629,171) for fiscal 2026 as revenues declined and operating expenses increased.
Negative for the companyWhat the numbers say
Revenue fell 23% to $15.9M versus the prior year; operating margin narrowed from -32.8% to -181.4%; diluted EPS -$1.55 versus -$0.38; operating cash flow -$2.3M (a year earlier $1.1M); free cash flow -$7.9M (a year earlier -$453.1K); cash fell by $8.3M to $4.5M; diluted share count up 33% (dilution).
What happened
- Revenues fell to $15,884,243 for the fiscal year ended June 30, 2026, down from $20,707,707 in fiscal 2025.
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