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Benzinga
Benzinga
Business
Akanksha Bakshi

EXCLUSIVE: CHW Acquisition SPAC Partner Wag Labs Clocks 238% Q4 Revenue Growth

Wag Labs, Inc., which recently announced it would publicly trade through a merger with special purpose acquisition company CHW Acquisition Corp. (NASDAQ:CHWA), reported a Q4 revenue increase of 238% year-over-year to $8.1 million and net loss improved to $(2.7) million from $(4.1) million in 4Q20.

FY21 revenue increased 68% Y/Y to $20.1 million, and EPS improved to $(1.07) from $(3.35) in FY20.

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