Rover Group, Inc. Company profile
About Rover Group Inc
Rover Group, Inc. (Rover), formerly Nebula Caravel Acquisition Corp., is an online marketplace for pet care. The Company, through its network of pet sitters and dog walkers, connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting. Rover also provides daytime services, including doggy daycare, dog walking, drop-in visits, and grooming.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Rover Group Inc revenues increased from $0K to $109.8M. Net loss increased from $1.7M to $64M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative increase from $58K to $35.6M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.01 to -$0.72.