secwatch / observer
8-K filed June 1, 2023, 7:59 PM ET ticker BARK CIK 0001819574
earnings confidence high sentiment positive materiality 0.75

BARK Q4 revenue $126M, adjusted EBITDA loss narrows to $3.4M; guides FY24 EBITDA near break-even

Bark, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bark, Inc. reported fiscal year ended March 31, 2023 results: revenue $535.3 million, net income $61.5 million.

Period
fiscal year ended March 31, 2023
Revenue
$535.3 million
Net income
$61.5 million
Result
reported results
Exact text from the filing
all dogs happy, today announced its financial results for the fiscal fourth quarter and full year ended March 31, 2023. Key Highlights • Delivered fiscal year 2023 revenue of $535.3 million, a 5.5% increase year-over-year. • Fiscal year 2023 consolidated gross margin increased 200 basis points to 57.6%, compared to the same period last year. • Fourth quarter net
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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bark, Inc. reported fiscal fourth quarter ended March 31, 2023 results: revenue $126.0 million, net income $(14.2) million.

Period
fiscal fourth quarter ended March 31, 2023
Revenue
$126.0 million
Net income
$(14.2) million
Result
reported results
Exact text from the filing
Gross Profit (in thousands) $68,271 $60,961 $285,328 $260,084 Direct to Consumer Gross Margin 58.9% 51.8% 60.5% 58.0% Fiscal Fourth Quarter 2023 Highlights • Revenue was $126.0 million, $5 million ahead of the Company's guidance and a 2% decrease year-over-year. • Direct to Consumer (“DTC”) revenue was $116.0 million, a 1.5% decrease year-over-year. • Commerce
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Bark, Inc. filing history →

Source: SEC EDGAR
accession 0001819574-23-000007
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