Dj Inspire Veterinary Partners Cl A, Inst Holders, 3Q 2025 (Ivp)

Total revenues increase 7%; net losses decrease 27% compared to prior year period; comparable clinic revenues increase 9.2% vs prior year period

VIRGINIA BEACH, VA / ACCESS Newswire / November 12, 2025 / Inspire Veterinary Partners, Inc. ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Financial Highlights Compared to Prior Periods

• Total revenue of $4.3 million, a sequential increase of 1% from Q2 2025 and an increase of 7% from the prior year period.

• Service revenue of $3.13 million, a sequential increase of 1% from Q2 2025 and an increase of 6% from the prior year period.

• Product revenue of $1.17 million, a sequential increase of 8.2% from Q2 2025 and an increase of 9% from the prior year period.

• Comparable clinic revenues increased 9.2% from the prior year period.

• General and Administrative expenses decreased 19% from the prior year period.

• Net loss of $2.5 million, a decrease of 27% from the prior year period.

Third Quarter 2025 Operational Highlights

• Announced launch of online pet pharmacy beginning Q1 2026.

• Regained compliance with Nasdaq requirement for a minimum of $2.5 million in stockholders' equity.

• Presented corporate update at the H.C. Wainwright 27th Annual Global Investment Conference and met with institutional investors.

Executive Commentary

"The third quarter of 2025 was a solid quarter of continued progress for IVP and continues our trend of growth compared to the third quarter of 2024 as well as the second quarter of 2025," said Kimball Carr, Inspire's Chairman, President and Chief Executive Officer. "Our team has brought innovative solutions to every aspect of our operations this year and we have celebrated significant clinical hiring that continues to propel our business forward. We continue to control costs and improve efficiency resulting in a 19% decrease in G&A expenses, and we narrowed net losses by 27% from $3.4 million to $2.5 million as compared to last year's third quarter. After several successive quarters of improved earnings, we are incredibly focused on operations excellence as we continue to grow and move steadily toward profitability.

"We are also extremely excited about new growth levers and look forward to the Q1 2026 launch of our online pet pharmacy. This planned new business vertical expands our offerings and differentiates our company in the evolving veterinary medicine industry," concluded Mr. Carr.

Third Quarter 2025 Financial Overview Compared to Prior Year Period

• Total revenues for the third quarter of 2025 were $4.3 million, an increase of $267,107 or 7%, compared to $4.0 million for the third quarter of 2024.The year-over-year growth was primarily driven by improved appointment utilization and more consistent veterinarian staffing coverage across core hospitals.

• Service revenues for the third quarter of 2025 were $3.13 million, an increase of $168,922 or 6%, compared to $2.96 million for the third quarter of 2024. Service revenue increased modestly, supported by higher appointment volume and stronger capture of wellness and preventive care services. The increase in service revenue is mainly attributed to the general increase in spend, specifically per visit spend.

• Product revenues for the third quarter 2025 were $1.2 million, an increase of $98,000, or 9%, compared to $1.1 million for the third quarter of 2024. Product revenue remained seasonally consistent, reflecting ongoing demand for parasite-prevention and chronic medication refills. Margin performance benefited from strengthened in-clinic pricing discipline and increased pharmacy refill retention through preferred fulfillment channels. The overall increase was a result of customers purchasing more products per visit.

• General and administrative expenses for the third quarter of 2025 were $2.4 million, a decrease of $564,415 or 19% compared to $2.98 million for the third quarter of 2024. The decrease is primary due to decreased consulting agreements relating to customer outreach and credit card processing fees.

• Net loss for the third quarter of 2025 was $2.5 million, a decrease of $1 million or 27% compared to $3.5 million for the third quarter of 2024. The reduction of the net loss is primarily attributable to the decline in interest expense and the exclusion of the operating expenses associated with KVC, which was sold during the third quarter of 2024.

Balance Sheet

As of September 30, 2025, the Company had cash and cash equivalents of approximately $341,746.

About Inspire Veterinary Partners, Inc.

Inspire Veterinary Partners is an owner and provider of pet health care services throughout the US. As the Company expands, it expects to acquire additional veterinary hospitals, including general practice, mixed animal facilities, and critical and emergency care. For more information, please visit: www.inspirevet.com.

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Forward-Looking Statements

This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding plans to launch an online pet pharmacy and management's expectations of future financial and operational performance and expected growth and business outlook. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, risks associated with our limited operating history and history of losses; our ability to continue operating as a going concern; our ability to raise additional capital; our ability to complete additional acquisitions; our ability to recruit and retain skilled veterinarians; our ability to retain existing customers and add new customers; the continued growth of the market in which we operate; our ability to manage our growth effectively over the long-term to maintain our high level of service; the price volatility of our Class A common stock; our ability to continue to have our Class A common stock listed on the Nasdaq Stock Market; the impact of geopolitical conflicts, inflation, and macroeconomic instability on our business, the broader economy, and our ability to forecast our future financial performance; and other risks set forth under the caption "Risk Factors" in our SEC filings. We assume no obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.

Investor Contact

CORE IR

516-386-0430

investors@inspirevet.com

Press Contact

CORE PR

Matthew Cossel

pr@coreir.com

General Inquires

Morgan Wood

Mwood@inspirevet.com

Inspire Veterinary Partners, Inc. and Subsidiaries

Unaudited Condensed Consolidated Balance Sheets

Inspire Veterinary Partners, Inc. and Subsidiaries

Unaudited Condensed Consolidated Statements of Operations

SOURCE: INSPIRE VETERINARY PARTNERS, INC.

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Index Ventures, IVP, and Insight Partners back expansion into new countries and new enterprise use cases, just 4 months after coming out of stealth

AMSTERDAM, NETHERLANDS / ACCESS Newswire / November 11, 2025 / Wonderful, the company building an enterprise agent platform, today announced a $100 million Series A funding round led by Index Ventures, with participation from Insight Partners and IVP, along with existing investors Bessemer and Vine Ventures. Wonderful combines a powerful AI platform with best-in-class local deployment to deliver enterprise-grade, customer-facing AI agents across voice, chat, and email, to every market and every language. Just four months after announcing a $34 million seed round, this latest round of funding is a testament to the success of Wonderful's approach to driving adoption of AI agents at scale across customer-facing enterprises.

"The promise of AI agents is clear, but putting that into practice, and critically, into production, is a huge challenge," said Bar Winkler, CEO and co-founder of Wonderful. "It requires marrying best-in-class technology together with flawless delivery, on the ground with customers. That's been our approach with Wonderful, and it's what has driven the accelerated adoption we've seen across markets in the last few months."

Founded in early 2025, Wonderful has grown at breakneck speed. The company has seen strong traction: fast growth in customer demand, expansion into new markets, and enterprises extending Wonderful into new use cases. Since its last round, Wonderful has expanded its AI platform into new countries, including Italy, Switzerland, the Netherlands, Greece, Poland, Romania, the Baltics, the Adriatics, and the UAE. Today, major enterprises across these regions are already among its customers. The company is also preparing to launch in Germany, Austria, the Nordics, and Portugal in 2025, and plans to expand to APAC in early 2026.

Each agent built on Wonderful's platform is tailored for the market it serves, its language, cultural norms, and regulatory environment, as well as the customer's unique use cases, domain, and industry. Fully integrated into internal systems, the AI agents powered by Wonderful's platform already handle tens of thousands of complex interactions every day - from resolving billing disputes, to updating account details, diagnosing issues, and scheduling appointments. With resolution rates above 80%, the vast majority of issues are solved without human intervention.

Hannah Seal, Index Ventures' partner who led the round together with her colleague Juriaan Duizendstraal, commented: "Wonderful has moved from concept to global scale in less than a year, which is extraordinary by any measure. They're proving that enterprises don't just want AI agents; they want ones that work in every market, in every language. That clarity of focus, coupled with the team's execution, is why Wonderful is breaking through so quickly."

"Wonderful is already demonstrating what it means to build an enduring global business," said Jeff Horing, Co-Founder and Managing Director at Insight Partners. "The adoption we're seeing across industries shows just how valuable culturally fluent agents can be. This is a company with a large addressable market and the potential to reshape how enterprises interact with customers worldwide."

"Wonderful has built something rare in enterprise AI, technology that's both powerful and dependable, and they've coupled it with a localized delivery approach that bridges the gap between promise and production," said Alex Lim, General Partner at IVP. "That combination is almost unmatched in the industry. Their platform is already proving itself in demanding, real-world environments, and the pace of adoption speaks for itself. This is a team building for scale from day one."

While Wonderful's first deployments centered on customer support, adoption is spreading quickly into new areas. Enterprises are experimenting with new use cases such as employee training, sales enablement, regulatory compliance, internal IT support, and onboarding. The company's flexible approach of deep integration with enterprise systems and customization at the country level - with dedicated deployment teams on the ground - allows customers to extend agents into adjacent functions with little additional work.

About Wonderful

Founded in 2025, Wonderful provides an integrated agent platform that allows enterprises to build, deploy, and manage AI agents serving customers across voice, chat, and email in any language or cultural context. By combining deep AI infrastructure with local deployment, Wonderful enables enterprises to run human-grade agents in some of the world's most complex environments and use cases.

Media Contant:

Mia Balaban

Mia@tellny.com

SOURCE: Wonderful

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