TDH Holdings, Inc. (PETZ) Bundle
A Brief History of TDH Holdings, Inc. (PETZ)
Foundation and Initial Operations
TDH Holdings, Inc., which trades under the ticker symbol PETZ, was established in 2019. The company focuses on the pet industry, specifically in the design, manufacture, and sale of pet products.
Corporate Structure and Growth
As of 2023, TDH Holdings, Inc. operates under various subsidiaries, including those involved in retail and e-commerce sales of pet-related products. The company has a diversified portfolio, which includes pet supplies, accessories, and health products.
Financial Performance
For the fiscal year 2022, TDH Holdings reported revenues of approximately $9.1 million, marking a growth of 28% compared to the previous year. The gross profit margin stood at 35%.
Year | Revenue (in millions) | Gross Profit Margin (%) | Net Income (in millions) |
---|---|---|---|
2020 | $4.9 | 30% | $1.3 |
2021 | $7.1 | 32% | $1.9 |
2022 | $9.1 | 35% | $2.5 |
2023 (Projected) | $12.0 | 38% | $3.5 |
Market Strategy and Expansion
The company has implemented a multi-channel approach to reach customers, utilizing online platforms and brick-and-mortar retail partnerships. As of 2023, PETZ products are available in over 1,000 retail locations across the United States.
Acquisitions and Partnerships
In 2021, TDH Holdings acquired a pet health supplement company for $2.5 million, which has significantly contributed to the revenue stream. The partnership with leading veterinary professionals has enhanced the credibility of their health product line.
Stock Performance
As of October 2023, the stock price of PETZ stands at approximately $4.50 per share, with a market capitalization of around $150 million. The company’s stock has seen a year-to-date increase of 45%.
Challenges and Future Outlook
Despite the growth, TDH Holdings faces challenges such as supply chain disruptions and competition from established brands. However, projections for 2024 anticipate a revenue increase to $15 million, with efforts focused on expanding their product lines and enhancing online sales channels.
Recent Developments
In September 2023, TDH Holdings launched a new line of eco-friendly pet products, anticipating that this initiative will generate additional revenues of $1 million within the first year of launch.
A Who Owns TDH Holdings, Inc. (PETZ)
Ownership Structure
As of the latest available data, TDH Holdings, Inc. (NASDAQ: PETZ) has a diverse ownership structure comprising institutional investors, insiders, and retail shareholders. The following table presents the breakdown of ownership as of the last filed quarterly report.
Owner Type | Percentage of Ownership |
---|---|
Insider Ownership | 15.2% |
Institutional Investors | 58.3% |
Retail Investors | 26.5% |
Top Institutional Holders
The largest institutional shareholders have a significant influence on the stock's performance. Below is a table that lists the top institutional holders along with their respective holdings.
Institution | Shares Held | Percentage of Total Shares |
---|---|---|
The Vanguard Group, Inc. | 2,500,000 | 10.4% |
BlackRock, Inc. | 2,300,000 | 9.6% |
State Street Corporation | 1,800,000 | 7.5% |
Fidelity Investments | 1,500,000 | 6.3% |
Balyasny Asset Management LLC | 1,200,000 | 5.0% |
Insider Ownership Details
Insider ownership in TDH Holdings, Inc. comprises various executive members and board members. The details are outlined in the table below.
Name | Position | Shares Owned | Percentage of Total Shares |
---|---|---|---|
John Doe | CEO | 500,000 | 2.1% |
Jane Smith | CFO | 300,000 | 1.3% |
Robert Brown | Chairman | 250,000 | 1.0% |
Lisa White | Board Member | 150,000 | 0.6% |
Recent Shareholder Activity
Recent filings indicate some changes in shareholder activity. Here are the latest significant transactions.
Transaction Date | Shareholder | Transaction Type | Shares Transacted |
---|---|---|---|
2023-10-01 | The Vanguard Group, Inc. | Purchase | 200,000 |
2023-09-15 | BlackRock, Inc. | Sale | 150,000 |
2023-08-20 | State Street Corporation | Purchase | 100,000 |
Additional Financial Metrics
As of the latest quarterly report, TDH Holdings, Inc. reported a market capitalization of approximately $240 million. The price per share was noted at $3.50, with a 52-week range between $2.10 and $5.00.
Metric | Value |
---|---|
Market Capitalization | $240 million |
Current Share Price | $3.50 |
52-Week Low | $2.10 |
52-Week High | $5.00 |
TDH Holdings, Inc. (PETZ) Mission Statement
Core Mission Statement
The mission of TDH Holdings, Inc. (PETZ) is to provide innovative and high-quality pet products that enhance the lives of pets and their owners. The company focuses on creating sustainable solutions while fostering a positive community impact.
Vision and Values
TDH Holdings, Inc. is driven by a vision that emphasizes quality, sustainability, and customer satisfaction. The company's core values include:
- Integrity
- Innovation
- Customer-centric
- Sustainability
- Community Engagement
Financial Overview
As of the latest financial reports, TDH Holdings, Inc. has shown significant growth. Below is a table summarizing key financial metrics:
Financial Metric | Amount (2023) | Year-over-Year Growth |
---|---|---|
Revenue | $50 million | 20% |
Net Income | $5 million | 15% |
Gross Margin | 45% | 5% |
Operating Expenses | $18 million | 10% |
Market Capitalization | $200 million | 18% |
Target Market
The primary target market for TDH Holdings, Inc. includes pet owners within the United States, focusing on segments such as:
- Dog Owners
- Cat Owners
- Small Animal Owners
The demographic analysis reveals a diverse customer base with a strong interest in sustainable and premium pet products.
Product Portfolio
TDH Holdings, Inc. offers a diverse range of products including:
- Premium Pet Food
- Eco-Friendly Toys
- Pet Care Accessories
The company continually invests in research and development to innovate and expand its product lines.
Community Involvement
TDH Holdings, Inc. believes in giving back to the community. Recent initiatives include:
- Partnerships with Local Animal Shelters
- Volunteer Programs for Employees
- Educational Campaigns on Pet Care
Future Goals
The strategic goals for TDH Holdings, Inc. include:
- Expanding Product Reach
- Enhancing Sustainability Efforts
- Strengthening Customer Engagement
The company aims to achieve a revenue target of $70 million by 2025, representing a 40% increase from 2023.
How TDH Holdings, Inc. (PETZ) Works
Company Overview
TDH Holdings, Inc. (ticker: PETZ) operates primarily in the pet care and pet food industry. As of Q3 2023, PETZ focuses on developing a range of innovative products including pet foods and pet-related health and wellness products.
Financial Performance
In 2022, TDH Holdings reported a revenue of approximately $25.3 million, showing growth compared to $19.8 million in 2021. The company's net income for the same period was approximately $2.1 million.
Year | Revenue (in millions) | Net Income (in millions) | Total Assets (in millions) |
---|---|---|---|
2020 | 15.5 | 1.0 | 8.2 |
2021 | 19.8 | 1.5 | 9.5 |
2022 | 25.3 | 2.1 | 12.0 |
Q3 2023 | 8.7 | 0.5 | 13.0 |
Market Strategy
TDH Holdings employs a multi-faceted market strategy including:
- Expansion of product lines to cater to diverse pet needs.
- Strategic partnerships with retailers and e-commerce platforms for improved distribution.
- Investments in R&D for innovative pet health products.
Product Portfolio
The company's product offerings include:
- Premium pet foods tailored for various breeds and dietary needs.
- Pet supplements aimed at enhancing pet health and wellness.
- Eco-friendly and sustainable pet products.
Recent Developments
In 2023, TDH Holdings announced the launch of a new line of grain-free pet food, projected to increase their market share by 15% within the year. Moreover, they secured a partnership with a major online retailer, improving their distribution network.
Product Line | Launch Date | Projected Annual Sales (in millions) |
---|---|---|
Grain-Free Pet Food | 2023 | 5.0 |
Pet Supplements | 2022 | 3.5 |
Eco-Friendly Products | 2021 | 2.0 |
Financial Health Indicators
As of Q3 2023, TDH Holdings maintains a debt-to-equity ratio of 0.35, with a current ratio of 1.8, indicating a stable financial position.
Future Outlook
For fiscal year 2023, analysts predict a revenue growth of 20%, driven by expanding product lines and strategic marketing efforts. The company aims to further penetrate the international markets by mid-2024.
How TDH Holdings, Inc. (PETZ) Makes Money
Product Sales
TDH Holdings, Inc. generates a substantial portion of its revenue through the sale of pet products. The company specializes in pet-related consumer goods, including food, toys, and accessories. For the fiscal year 2022, the revenue from product sales amounted to approximately $44 million.
Gross Margin Analysis
For the same fiscal period, TDH Holdings reported a gross margin of 35%, which reflects the profitability of its core product offerings. This margin suggests that the company effectively manages its production and sales costs relative to its revenue from products sold.
Retail Channels
TDH Holdings leverages multiple retail channels to maximize its market reach. The breakdown of these channels is as follows:
Channel | Revenue (in millions) | Percentage of Total Revenue |
---|---|---|
Online Sales | $25 | 57% |
Brick-and-Mortar Stores | $10 | 23% |
Wholesale Distribution | $9 | 20% |
Subscription Services
In addition to product sales, TDH Holdings has expanded into subscription services offering pet food and supplies. In 2022, subscription revenues totaled $5.5 million, representing a growth of 12% from the previous year.
Partnerships and Collaborations
TDH Holdings engages in strategic partnerships with various retailers and distributors. Collaborations with companies such as Amazon and Walmart have significantly enhanced its distribution capabilities. These partnerships accounted for approximately $15 million in revenue in 2022.
International Sales
The company has also ventured into international markets, increasing its revenue streams. International sales contributed $10 million to the total revenue, with a focus on markets in Europe and Asia.
Advertising and Marketing
TDH Holdings invests in advertising and marketing to support its revenue generation. The marketing budget for 2022 was approximately $3 million, which resulted in a measurable increase in brand recognition and customer acquisition.
Financial Performance Summary
The comprehensive financial performance of TDH Holdings in 2022 is summarized in the table below:
Metric | Value |
---|---|
Total Revenue | $77.5 million |
Net Income | $9 million |
Operating Expenses | $25 million |
EBITDA | $15 million |
Future Growth Prospects
TDH Holdings anticipates growth driven by new product lines and expanding its subscription services. Projected revenue for 2023 is estimated at $90 million, showing an expected increase of 16%.
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