Inspire Veterinary Partners Provides Shareholder Update

Rhea-AI Summary

Inspire Veterinary Partners (Nasdaq:IVP), a U.S. pet healthcare services provider, has reported significant progress in 2025. The company achieved its highest new client growth in over a year and completed several strategic initiatives, including the rollout of cloud-based EMR systems and AI-based transcription tools.

Key achievements include hiring nine new veterinarians, completing their fifth acquisition in Florida, and signing a Letter of Intent for their first New Jersey location. The company reported positive revenue growth in Q2 2025 and implemented various infrastructure improvements, including new talent management systems and enhanced financial operations.

Positive

• Highest new client growth in over a year across portfolio clinics
• Successfully hired nine new veterinarians in 2025
• Completed fifth acquisition in Florida and planned expansion to New Jersey (15th location)
• Return to positive revenue growth in Q2 2025
• Implementation of efficiency-enhancing technologies including cloud-based EMR and AI transcription

Negative

• Expansion costs and infrastructure investments may impact short-term profitability
• Planned equity offerings for employees could lead to potential dilution

Insights

Veterinary Industry Financial Analyst

Inspire Veterinary Partners shows operational turnaround with positive revenue growth, clinic expansion, and technological improvements following previous challenges.

Inspire Veterinary Partners' update reveals meaningful operational improvements and a potential turnaround after what appears to be a previous period of underperformance. The return to positive revenue comps in Q2 2025 is particularly significant as it represents a fundamental reversal in their business trajectory. The company is demonstrating both organic growth through improved new client acquisition and inorganic growth via their expansion strategy.

Their technological investments are strategically sound for the veterinary sector where efficiency is crucial. The enterprise-wide deployment of cloud-based EMR/PMS systems and AI-based transcription should drive margin improvements by optimizing veterinarian time - addressing the critical bottleneck in practice profitability. The hiring of nine new veterinarians is especially noteworthy given the persistent industry-wide talent shortage plaguing veterinary practices.

The Florida acquisition (their fifth in the state) indicates a clustering strategy that typically enables cost synergies and operational efficiencies. Their planned expansion into New Jersey suggests a broader geographic diversification play. While the company mentions "positive results" and "new growth," the absence of specific financial metrics beyond revenue comps makes it difficult to assess profitability improvements. The announcement of an equity-based compensation plan for all employees could help with retention in a highly competitive labor market, but may also create dilution concerns for existing shareholders depending on implementation.

Overall, this update suggests Inspire is executing a comprehensive operational turnaround while pursuing measured expansion, though specific financial metrics will be needed to fully validate their progress.

Company continues to build momentum and continued positive client growth relative to prior years

VIRGINIA BEACH, VA / ACCESS Newswire / September 25, 2025 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., provides a shareholder update highlighting key achievements that represent progress and momentum year to date.

Inspire Veterinary Partners Chairman, CEO, and President Kimball Carr commented, "Inspire is back to growth and we are better positioned for success than ever before. Following our letter to shareholders earlier in 2025, we are very excited to continue to share the progress Inspire is making and how we're seeing the benefits of our collective work reflected in our business. The company is consistently delivering positive results, new growth across a wide array of measures and KPIs ,and there is maturity in our systems and leadership team, which are delivering results on a daily basis. We're looking forward to finishing strong in 2025 and springing forward toward increased growth in 2026."

Accomplishments to date include:

• The highest new client growth in more than a year, with clinics across the portfolio achieving positive new client growth compared to 2024 and prior

• Completion of an enterprise-wide rollout of cloud-based Electric Medical Record (EMR) and Practice Management Software (PMS) across all clinics

• Deployment of Artificial Intelligence (AI)-based transcription for medical notes, enabling enhanced productivity and efficiency across the company's business units

• Record breaking veterinarian hiring with nine new doctor starts since the beginning of 2025

• Completion of the company's fifth acquisition in the state of Florida

• Signing of a Letter of Intent for a planned acquisition of the company's first location in New Jersey, which will be the Company's 15^th location nationwide

• A return to positive revenue comps as reported in Q2 2025

• Deployment of infrastructure investments including a new talent management system; new engagement, recognition and incentive-based pay structures; new finance professionals and enhancements to the company's purchase and inventory management systems; new investor relations and investment banking partnerships

Mr. Carr continued, "Having solidified this progress, we now anticipate a strong end to the year, including the closing of our New Jersey acquisition, with several additional acquisition agreements anticipated for year-end and early 2026. We also are developing and preparing to launch new business verticals that will expand our offerings to clients, while simultaneously expanding key facilities across our network to provide broader service offerings and growth in existing clinics. Finally, we are working diligently to enhance our already world-class compensation and benefits plan to add equity offerings for all employees, which we believe will encourage future acquisition and expansion into new geographies. We remain enthusiastic and look forward to working closely with our partners to ensure a bright future for Inspire and look forward to providing updates as our progress continues."

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 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

SOURCE: Inspire Veterinary Partners, Inc.

View the original press release on ACCESS Newswire

FAQ

What are the key achievements of Inspire Veterinary Partners (IVP) in 2025?

IVP achieved its highest new client growth in over a year, hired nine new veterinarians, completed its fifth Florida acquisition, signed LOI for New Jersey expansion, and reported positive revenue growth in Q2 2025.

How many locations does Inspire Veterinary Partners (IVP) currently operate?

With the planned New Jersey acquisition, IVP will operate 15 locations nationwide.

What technological improvements has Inspire Veterinary Partners implemented in 2025?

IVP implemented cloud-based Electronic Medical Record (EMR) systems, Practice Management Software (PMS), and AI-based transcription for medical notes across all clinics.

What are Inspire Veterinary Partners' (IVP) expansion plans for 2025-2026?

IVP plans to close the New Jersey acquisition, pursue several additional acquisitions by early 2026, launch new business verticals, and expand existing facilities to provide broader services.

How is Inspire Veterinary Partners (IVP) planning to retain employees?

IVP is enhancing its compensation and benefits plan to include equity offerings for all employees to encourage future acquisition and expansion into new geographies.