Giftify Inc

GIFT

Market cap $33.3M

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.

CardCash approves over 100,000 customer orders in Q1 2026 with fraud-related declines reduced by 56%, as proprietary fraud models, automated screening tools, and external risk data partnerships enable more effective identification of legitimate transactions across the platform

Average buyer order value up 15.4% year-over-year to $384 through March 22 as buyer spend per transaction reaches multi-year highs across the platform

CardCash processed 112,084 buy orders through March 22, up from 105,583 in the prior year period, as platform buy-side activity accelerates heading into spring

70,954 sell orders completed January 1 through March 15, up 14.2% year-over-year; 25,508 first-time sellers onboarded in Q1 2026, up 18.5%, as CardCash accelerates marketplace supply ahead of spring demand season

Company's Second AI agent live with ~85% accuracy; pipeline of five total agents designed to reduce variable cost base, improve cost structure, and support gross margin expansion as CardCash scales transaction volume

Gross Profit Rises 18% to $15.5 Million on 380 Basis Point Margin Expansion; Operating Expenses Cut 18% Year-Over-Year Net Loss Narrows 44% to $10.5 Million as Company Approaches Modified EBITDA Breakeven SCHAUMBURG, IL, March 18, 2026 (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 its financial results for the full year ended December 31, 2025. Full Year 2025 Financial Highlights: Gross billings — total transaction value processed through Giftify's marketplaces — increased 27.1% to $154.7 million, compared to $121.7 million in full year 2024 Gross profit increased 17.9% to $15.5 million, compared to $13.1 million in full year 2024, reflecting growth in both transaction volume and margins Gross margin expanded to 18.6%, compared to 14.8% in full year 2024, an improvement of 380 basis points Net loss improved 44.3% to $10.5 million, or $(0.35) per share, compared to $18.8 million, or $(0.73) per share, in full year 2024 Modified EBITDA improved 65.3% to $(1.0) million, compared to $(2.8) million in full year 2024 Selling, general and administrative expenses decreased 17.0% to $22.9 million from $27.6 million in full year 2024 Total operating expenses decreased 18.0% to $25.9 million from $31.5 million in full year 2024 Net sales were $83.2 million, compared to $88.9 million in full year 2024; the variance reflects a strategic mix shift toward agent transactions recognized on a net commission basis — a change in accounting presentation, not a reduction in transaction activity Revenue Mix Shift Reflects Strategic Business Model Evolution While reported net sales for full year 2025 were $83.2 million compared to $88.9 million in full year 2024, this decline primarily reflects an evolving transaction mix rather than a reduction in underlying business activity.

AI integration enables Restaurant.com's technology team to operate with the speed and precision of a much larger organization, rapidly delivering platform upgrades designed to improve user engagement and conversion across the Company's restaurant partner network

Discount Gift Card Marketplace Highlights Black Friday Offerings as Consumers Navigate Elevated Prices and Constrained Discretionary Spending

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.