Inspire Veterinary Partners Inc

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2023

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Inspire Veterinary Partners, Inc. engages in the business of operating small animal general practice hospitals which serve all manner of companion pets, emphasizing canine, and feline breeds and including equine care. The firm is also involved in acquiring additional veterinary hospitals including general practice, mixed animal facilities, and critical and emergency care. The company was founded on December 2, 2020 and is headquartered in Virginia Beach, VA.

Inspire Veterinary (NASDAQ: IVP ) stock is on the rise Thursday after the veterinary hospital operator enacted a reverse stock split for its shares yesterday. That reverse stock split saw the company consolidate 100 shares of IVP stock into a single share.

Why Is Inspire Veterinary (IVP) Stock Up 35% Today?

(This release updates the release that posted on May 6, 2024 to correct the total number of shares of Common Stock and the date the Company's board approved the reverse stock split) VIRGINIA BEACH, VA / ACCESSWIRE / May 7, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced its press release issued under the headline "Inspire Veterinary Partners Announces 1-for-100 Reverse Stock Split" on May 6, 2024, was changed to correct the total number of shares of Common Stock authorized for issuance as 100,000,000 shares. Additionally, the date the Company's board of directors approved a reverse stock split has been corrected to April 15, 2024.

CORRECTION: Inspire Veterinary Partners Announces 1-for-100 Reverse Stock Split

VIRGINIA BEACH, VA / ACCESSWIRE / May 6, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that it will effect a 1-for-100 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on May 8, 2024.

Inspire Veterinary Partners Announces 1-for-100 Reverse Stock Split

Full year 2023 revenue increases approximately 70% year-over-year to $16.7 million Outlook for growth in the pet health sector remains attractive with active pipeline of acquisition opportunities Implemented cost reduction initiatives to maximize operational efficiency to deliver profitable growth Major reduction of consultant fees and other discretionary expenses post IPO SG&A savings of at least $1 million expected to be fully embedded by end of 2024 VIRGINIA BEACH, VA / ACCESSWIRE / April 8, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported financial results for its full year ended December 31, 2023. "We are pleased to report strong year end 2023 top-line results as a newly public company with revenue growing 70 percent year-over-year, driven by acquisitions made during the past 12 months and organic revenue growth" said Kimball Carr, Chairman, President & Chief Executive Officer of Inspire.

Inspire Veterinary Partners Reports Full Year 2023 Financial Results

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VIRGINIA BEACH, VA / ACCESSWIRE / February 29, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced a new benefit for its employees with BetterHelp.com, a provider of professional, affordable, and personalized therapy in a convenient online format. Starting April 1, 2024, all Inspire employees will have access to convenient, and professional therapy online.

Inspire Veterinary Partners Announces New Employee Benefit Program With BetterHelp to Support the Wellbeing of Staff

VIRGINIA BEACH, VA / ACCESSWIRE / February 28, 2024 / Millennials and their "fur babies" are taking center stage in modern society. As millennials are increasingly delaying major life milestones like marriage, children and home buying, pets seem to be the exception.

More Millennials Are Opting For Pets Over Children As Pet Industry Continues To Grow

Modern building design, spacious treatment area, and strategically designed exam rooms allow for efficient and productive patient care VIRGINIA BEACH, VA / ACCESSWIRE / February 21, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that its Family Pet Care animal hospital in Lakeside Town Center, Sugarland, Texas, designed to enhance customer service and improve staff support, is now open to serve the greater Houston community. With approximately 4,000 square feet, the custom-built animal hospital, centered around the needs of IVP's care team and clients, represents the first of a new model of state-of-the-art companion animal hospitals Inspire expects to replicate as it expands existing and new clinics throughout the U.S. The new hospital is thoughtfully designed to create a calming and welcoming environment for both owner and pet, and staffed with an experienced team of veterinary professionals who are part of the Inspire team and have been serving the local community for years.

Inspire Veterinary Partners Newly Built and Designed Family Pet Care Animal Hospital in Sugarland, Texas is Now Open to Serve Houston Area Pet Owners

VIRGINIA BEACH, VA / ACCESSWIRE / February 13, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced it has closed its previously announced public offering of shares of Class A common stock for gross proceeds of approximately $4.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for strategic acquisitions, the engagement of external, third-party marketing and business consultants, working capital and general corporate purposes.

Inspire Veterinary Partners Announces Closing of $4.0 Million Public Offering

VIRGINIA BEACH, VA / ACCESSWIRE / February 9, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced today the pricing of its "reasonable best efforts" public offering of shares of Class A common stock for gross proceeds of approximately $4.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The offering is expected to close on February 13, 2024, subject to customary closing conditions.

Inspire Veterinary Partners Announces Pricing of $4.0 Million Public Offering

VIRGINIA BEACH, VA / ACCESSWIRE / January 31, 2024 / The number of U.S. homes with pets has been trending upward for decades, with more than 5 million more pets in the U.S. than before the pandemic. Beyond the pandemic-driven boom, the trends continue, driven by changing social dynamics as well as technological advancements.

Paws And Prosperity: Exploring U.S. Pet Services Growth And The Anticipated Surge In Annual Pet Spending From $980 To $1,292 By 2025

VIRGINIA BEACH, VA / ACCESSWIRE / January 25, 2024 / Inspire Veterinary Partners Inc. (NASDAQ:IVP) introduces a distinctive approach to veterinary practice ownership that is markedly different from traditional investment models. This approach, diverging from the top-down that uses short-term strategies typical in private equity, emphasizes engaged ownership and a commitment to the well-being of both pets and veterinary professionals.

Inspire Veterinary Partners (NASDAQ: IVP): Empowering Veterinary Professionals Through Its Employee-Oriented Ownership Model

VIRGINIA BEACH, VA / ACCESSWIRE / January 9, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that Kimball Carr, Chairman, President & Chief Executive Officer of Inspire, will be presenting at the upcoming Sidoti Virtual Investor Conference on January 17th at 9:15 AM Eastern. Investors and other interested individuals may access the virtual presentation here: https://sidoti.zoom.us/webinar/register/WN_IybFBWwORIGWL5E-xSkMOA.

Inspire Veterinary Partners to Present at Sidoti Virtual Investor Conference January 17

VIRGINIA BEACH, VA / ACCESSWIRE / January 9, 2024 / The healthcare industry in the United States, a significant sector of the economy, presents a diverse landscape with marked differences between human and veterinary hospital industries. A deeper understanding of these differences is crucial, especially when considering the innovative approaches of companies like Inspire Veterinary Partners Inc. (NASDAQ:IVP) in the veterinary field.

Prioritizing The Health Of Vets And Pets: Inspire Veterinary Partners' Fresh Take On Veterinary Practices

New hospital design represents model for future upgrades across the IVP platform State-of-the-art facility has been designed to elevate service to customers while creating an efficient and attractive workplace environment for employees VIRGINIA BEACH, VA / ACCESSWIRE / January 3, 2024 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced the opening of a its Sugarland, Texas animal hospital, in a new location and larger facility that incorporates state-of-the art design to better serve its customer and support its staff. Rendering of IVP's New and Expanded Sugarland, TX Animal Hospital Opening in January 2024, Inspire is excited to make it possible for more Sugarland Texas area pet lovers to provide veterinary care for their animals at its newly relocated and expanded local hospital.

Inspire Veterinary Partners Announces Opening of Newly Relocated and Expanded Family Pet Care Animal Hospital in Sugarland, Texas

VIRGINIA BEACH, VA / ACCESSWIRE / December 21, 2023 / Inspire Veterinary Partners Inc. (NASDAQ:IVP) is working hard to make its mark in the veterinary services industry . The company distinguishes itself through its team composition and management style, aimed at advancing veterinary practices.

How Inspire Veterinary Partners Is Making Its Mark Through Its Approach To Strategic Leadership

VIRGINIA BEACH, VA / ACCESSWIRE / December 20, 2023 / Inspire Veterinary Partners Inc. (NASDAQ:IVP) has developed a unique management system for veterinary practices , departing from traditional models to emphasize a collaborative, employee-centered approach. This innovative system integrates the collective knowledge and experiences of a broad network of practices, aiming to enhance veterinary care efficiencies and foster a supportive peer environment.

How Inspire Veterinary Partners' Management System Is Helping Reinvent Veterinary Practice Management

VIRGINIA BEACH, VA / ACCESSWIRE / December 1, 2023 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced its participation in NobleCon19, Noble Capital Markets' 19th Annual Emerging Growth Equity Conference, to be held December 3-5, 2023, in Boca Raton, FL. Kimball Carr, Chairman, President & Chief Executive Officer of Inspire, is scheduled to present on Monday, December 4 at 1:30pm Eastern Standard Time and will participate in meetings with investors throughout the day.

Inspire Veterinary Partners Announces Participation in NobleCon19 - Noble Capital Markets' 19th Annual Emerging Growth Equity Conference

VIRGINIA BEACH, VA / ACCESSWIRE / November 14, 2023 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported financial results for its third quarter and nine months ended September 30, 2023. "We are pleased to report strong third quarter 2023 results as a newly public company with total revenue growing 41 percent year-over-year," said Kimball Carr, Chairman, President & Chief Executive Officer of Inspire.

Inspire Veterinary Partners Reports Third Quarter 2023 Financial Results

Latest acquisition brings the total number of Inspire locations to 14. Expansion into a new state, Pennsylvania.

Inspire Veterinary Partners Announces Acquisition of Valley Veterinary Service Animal Hospital

VIRGINIA BEACH, VA / ACCESSWIRE / September 26, 2023 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the US, today announced that management will present at the following investor conference: Emerging Growth Conference Date: Thursday, October 5, 2023Company Presentation Time: 10:50 a.m. ETLocation: Virtual The presentation will be available via live webcast on the Emerging Growth Conference website by registering in advance at https://goto.webcasts.com/starthere.jsp?ei=1603287&tp_key=5580ab2cb9&sti=ivp.

Inspire Veterinary Partners, Inc. to Present at the Emerging Growth Conference, Thursday, October 5, 2023

Proposed acquisition to add one new animal hospital to Inspire's network of 13 animal hospitals. Expansion into a new state, Pennsylvania.

Inspire Veterinary Partners, Inc. Announces Non-Binding Letter of Intent to Acquire Animal Hospital and Enter the State of Pennsylvania

Dr. Chuck Dunn, Joins Inspire as Director of Medical Operations; Kimberly King Joins Inspire as Director of Field Operations; and Debbe Bastian Joins Inspire as Finance Controller VIRGINIA BEACH, VA / ACCESSWIRE / September 13, 2023 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the US, today announced the addition of three veteran leaders to further strengthen its medical, operational and financial expertise in support of its future growth and development. In alignment with the Company's growth plan outlined in the Initial Public Offering for Inspire, the Company welcomes: Dr. Chuck Dunn, as Director of Medical Operations; Kimberly King as Director of Field Operations; and Debbe Bastian, Finance Controller.

Inspire Veterinary Partners, Inc. Announces Leadership Appointments Enhancing Operational and Financial Talent to Support Future Growth

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There was just one pricing this past week, which was excluded from our IPO stats, while holdover biotech Adlai Nortye did not get done. Filing activity reached a six-month high in August, and six issuers filed to raise $100 million or more, the most since January. Veterinary hospital operator Inspire Veterinary Partners priced at the low end to raise $6 million at a $41 million market cap.

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Proposed acquisition to add 2 animal hospitals to Inspire's network of 13 animal hospitals Expansion into a new state, Oregon, constituting our first emergency veterinary clinic and first rehabilitation hospital The transaction is expected to close as early as the third quarter of 2023 Opportunity to continue to acquire individual animal hospitals remains strong VIRGINIA BEACH, VA / ACCESSWIRE / September 1, 2023 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the US, today announced that it has entered into a non-binding letter of intent to acquire a 100% ownership interest in two animal hospitals. The hospitals would represent expansion by Inspire into a new state, Oregon, and the Company's first emergency veterinary clinic and first rehabilitation hospital under its network.

News for Inspire Veterinary Partners Inc Stock (IVP)