• Revenue from continuing operations up 13.8% to $8.9 million
• Loss after tax up 70.1% to $12.3 million
• Divestment of Pet Chemist business for $13 million

Mad Paws Holdings Limited has reported its preliminary financial results for the year ended 30 June 2025. Revenue from continuing operations increased 13.8% to $8.9 million, while loss after tax attributable to the owners rose 70.1% to $12.3 million. The company's marketplace segment saw its Group Cash EBITDA increase to $3.7 million, but this was offset by losses in the discontinued e-Commerce & Subscription segment. Mad Paws also announced the divestment of its Pet Chemist business to VetPartners for approximately $13 million, as well as the closure of its Sash and Waggly businesses. Following these changes, Mad Paws will focus solely on its online marketplace operations. The financial statements are in the process of being audited, with an unmodified opinion expected to be issued.