GIFT

Gross Profit Grows 18.5% to $4.2 Million on 380 Basis Point Margin Expansion Net Loss Improves 17.6% to $2.7 Million, or $(0.08) Per Share; Interest Expense Declines 44% CardCash Buy Orders, Average Order Value, and New Seller Acquisition All Reach Multi-Year Highs in Q1 2026 SCHAUMBURG, IL, May 12, 2026 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced financial results for the first quarter ended March 31, 2026, and provided a corporate update on key operational initiatives and marketplace performance during the period. First Quarter 2026 Financial Highlights: Gross billings (the total dollar value of customer transactions processed through Giftify’s marketplaces) increased 25.0% to $45.0 million, compared to $36.0 million in Q1 2025 Gross profit increased 18.5% to $4.2 million, compared to $3.6 million in Q1 2025 Gross margin expanded to 19.9%, compared to 16.1% in Q1 2025, an improvement of 380 basis points Net loss improved 17.6% to $2.7 million, or $(0.08) per share, compared to $3.2 million, or $(0.11) per share, in Q1 2025 Loss from operations improved 15.8% to $2.7 million, compared to $3.2 million in Q1 2025 Interest expense declined 44.3% year-over-year to $116,715, reflecting the Company’s reduced debt balance Modified EBITDA was $(728,442), compared to $(626,320) in Q1 2025 Net sales were $21.4 million, compared to $22.3 million in Q1 2025; the variance reflects a strategic shift toward agent transactions recognized on a net commission basis, not a reduction in transaction activity Cash and cash equivalents increased to $4.2 million as of March 31, 2026, from $3.7 million at December 31, 2025; net cash used in operating activities improved to $36,697 from $688,470 in Q1 2025 Revenue Mix Reflects Continued Shift Toward Agent Transactions While reported net sales for Q1 2026 were $21.4 million compared to $22.3 million in Q1 2025, this reflects an evolving transaction mix rather than a reduction in underlying business activity. Gross billings, which represent the total dollar value of customer transactions, increased 25.0% year-over-year to $45.0 million, reflecting robust marketplace momentum across CardCash and Restaurant.com. The variance between gross billings growth and reported net sales is attributa...

Gross Billings Increase 28.8% Year-Over-Year to $39.1 Million Gross Margin Expands 710 Basis Points to 20.0% Net Loss Improves 40% to $2.4 Million SCHAUMBURG, IL, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (Nasdaq: GIFT) ("Giftify" or the "Company"), a leading digital marketplace for gift cards and restaurant deals, today announced financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights: Gross billings increased 28.8% to $39.1 million, compared to $30.3 million in Q3 2024 Gross profit increased 25.3% to $3.7 million, compared to $3.0 million in Q3 2024 Gross margin expanded to 20.0%, compared to 12.9% in Q3 2024 Net loss improved 40% to $2.4 million, or $(0.08) per share, compared to $4.1 million, or $(0.16) per share, in Q3 2024 Modified EBITDA improved 60% to $(0.3) million, compared to $(0.7) million in Q3 2024 2025 Year-to-Date Financial Highlights: Gross billings increased 23.8% to $111.2 million, compared to $89.8 million in Q3 2024 Gross profit increased 17.6% to $11.1 million, compared to $9.5 million in Q3 2024 Gross margin expanded to 18.1%, compared to 14.7% in Q3 2024 Net loss improved 45% to $8.2 million, or $(0.28) per share, compared to $15.0 million, or $(0.59) per share, in Q3 2024 Modified EBITDA improved 38% to $(1.0) million, compared to $(1.7) million in Q3 2024 Revenue Mix Shift Reflects Strategic Business Model Evolution While reported net sales for Q3 2025 were $18.8 million compared to $23.2 million in Q3 2024, this decline primarily reflects an evolving transaction mix rather than reduced business activity. The Company's gross billings—which represent the total dollar value of customer transactions—increased substantially by 28.8% year-over-year, demonstrating robust underlying business momentum. The variance between gross billings growth and reported revenue is attributable to an increased proportion of transactions where Giftify acts as an agent rather than a principal. In agent transactions, the Company facilitates the connection between suppliers and customers but does not take inventory risk. Consequently, revenue from these transactions is recognized on a net basis (representing only Giftify's commission), rather than on a gross basis. Operational Progress and Strategic Initiatives During the third quarter, Giftify continued to advance several strategic initiatives: Comple...

Company achieves gross profit increase of 18.3% to $3.9 million Strategic initiatives including TakeOut7 acquisition and AI implementation driving operational improvements SCHAUMBURG, IL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced financial and operational results for the second quarter ended June 30, 2025. Key Highlights for the Three Months Ended June 30, 2025, Compared to Prior Year Period Net sales increased 4.4% to $20.9 million Gross billings increased 23.2% to $36.1 million Gross profit increased 18.3% to $3.9 million Gross margin improved to 18.4% from 16.3% Modified EBITDA loss improved to $0.15 million from $0.36 million Net loss of $2.6 million (Of note, net loss for the three months ended June 30, 2025 included $2.4 million in non-cash expenses, including $1.6 million in stock options and other non-cash compensation, $0.6 million in amortization of intangible assets, and $0.16 million in amortization of capitalized software costs) Strong balance sheet with total assets of $31.5 million and stockholders' equity of $21.6 million Strategic Growth Initiatives The Company's strategic execution against previously outlined growth priorities continued to generate positive momentum across multiple fronts during the second quarter: Completed strategic acquisition of TakeOut7 in June 2025, expanding technology offerings to include end-to-end solutions for independent restaurants Launched Buy Now, Pay Later (BNPL) flexible payment option through partnership with Zip Co., enhancing CardCash.com customer accessibility and payment flexibility Expanded strategic offerings through CardCash.com in high-revenue, high-growth verticals including travel, sports merchandise, and pharmacy savings Continued deployment of enterprise-wide AI solutions driving measurable operational efficiencies Enhanced synergies between CardCash.com and Restaurant.com platforms Continued expansion of the At-the-Market offering program to strengthen the Company's cash position and provide financial flexibility Subsequent Events Launch of Restaurant Management Center (RMC) in July 2025, creating new subscription revenue opportunities for Restaurant.com's 184,000+ restaurant partners Introduction of uChoose corpora...

Company achieves gross profit increase of 10% to $3.6 million Strategic initiatives in AI implementation and new market expansion generating positive momentum SCHAUMBURG, IL, May 13, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced financial and operational results for the first quarter ended March 31, 2025. Key Highlights for the Three Months Ended March 31, 2025, Compared to Prior Year Period Revenue increased 3.5% to $22.3 million Gross profit increased 10.0% to $3.6 million Gross margin increased to 16.1% from 15.1% Modified EBITDA loss improved to $0.63 million from $0.66 million Net loss of $3.2 million (Of note, net loss for the three months ended March 31, 2025 included $2.6 million in non-cash expenses, including $1.8 million in stock option and other non-cash compensation, $0.54 million in amortization of intangible assets, $0.16 million in amortization of capitalized software costs, and $0.03 million from fair value of stock issued on vendor settlement.) Strong balance sheet with total assets of $33.9 million and stockholders' equity of $21.3 million Growth Initiatives The Company's strategic execution against previously outlined growth priorities is generating positive momentum across multiple fronts: Successful deployment of enterprise-wide AI solutions driving measurable operational efficiencies and cost reductions Expansion into high-margin vertical markets including pharmacy savings, sports merchandise and travel Enhanced synergies between CardCash.com and Restaurant.com platforms Introduction of innovative savings solutions for consumers facing rising costs in everyday expenses Subsequent Events Subsequent to March 31, 2025, the Company repaid in full its GameIQ acquisition note payable Amended the Company’s secured line of credit releasing $0.25 million of restricted cash Continued expansion of the At-the-Market offering to strengthen the Company's cash position Management Commentary Ketan Thakker, Chief Executive Officer of Giftify, Inc., commented, "Our first quarter results demonstrate solid execution against our growth strategy, with revenue increasing and gross profit climbing. Most importantly, we've improved our gross margin to 16.1%, showing our ability to enhance profitability even in...

Revenue: US$88.9m (up 2.1% from FY 2023). Net loss: US$18.8m (loss widened by 266% from FY 2023). US$0.70 loss per share (further deteriorated from US$0.33 loss in FY 2023). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Performance of the American Interactive Media and Services industry. The company's shares are down 4.5% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Giftify, and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

SCHAUMBURG, IL, March 31, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced financial and operational results for the fourth quarter and year ended December 31, 2024. Q4 2024 Financial Highlights: Q4 2024 net sales increased to $24.18 million, a 4.18% increase, as compared to Q3 2024 net sales of $23.21 million. Q4 2024 gross profit improved $645,785, or 21.59%, to $3.64 million, as compared to Q4 2023 gross profit of $2.99 million. Q4 2024 gross margin improved to 15.04%, as compared to Q3 2024 gross margin of 12.88%. Deployed Enterprise Artificial Intelligence (AI) solutions driving operational excellence and innovation. Full Year 2024 Financial Highlights: Full year 2024 net sales increased to $88.93 million, a 2.05% increase, as compared to full year 2023 net sales of $87.15 million. Full year 2024 gross profit improved $2.64 million, or 25.10%, to $13.14 million, as compared to full year 2023 gross profit of $10.51 million. Full year 2024 gross margin improved to 14.78%, as compared to full year 2023 gross margin of 12.06%. Full year 2024 modified EBITDA was a negative $2.84 million, as compared to full year 2023 modified EBITDA of a negative $729,187. Cash and cash equivalents balance of $3.57 million at December 31, 2024. Successful Nasdaq Listing and Integration of CardCash.com Acquisition Demonstrate Strategic Progress Focus on Quality Gift Card Brands and Optimized Pricing Drives Operational Improvements Strategic Developments: Acquisition of CardCash.com: Completed on December 29, 2023, significantly enhancing Giftify’s market profile and brand focus. Gift Card Sales: Facilitated the purchase and sale of gift cards from over 1,100 retailers including Target, Home Depot, Starbucks, and TJ Maxx as well as discounted certificates for 10,000 restaurants and discount dining passes for 170,000 restaurants and retailers nationwide Nasdaq Listing: Successfully listed on the Nasdaq Capital Market on August 6, 2024 Corporate Rebranding: Changed company name from RDE, Inc. to Giftify, Inc. with ticker symbol GIFT, effective October 28, 2024 Expanded Leadership Team: Appointed Steve Handy as Chief Financial Officer in August 2024 Management Commentary: Ketan Thakker, President and CEO of Giftify, Inc., stated, "2...