Giftify, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
Giftify, Inc. (GIFT)
Company Research
Source: GlobeNewswire
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 mil
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- Giftify (NASDAQ:GIFT) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat