• Giftify Q2 net sales up 4.4% to $20.9 million
• Gross billings increase 23.2% to $36.1 million
• Gross profit rises 18.3% to $3.9 million
• Gross margin improves to 18.4%
• Modified EBITDA loss narrows to $0.15 million
• Net loss of $2.6 million includes $2.4 million in non-cash expenses
• Strategic initiatives drive operational improvements
• TakeOut7 acquisition and AI implementation boost performance
Giftify, Inc. (NASDAQ: GIFT), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, reported its Q2 2025 financial results on July 13, 2025. The company's net sales increased by 4.4% to $20.9 million, up from $20.0 million in the same period last year. This growth was driven by continued strength in both business-to-consumer and business-to-business channels across the CardCash.com and Restaurant.com platforms [1].
Gross billings for the quarter increased by 23.2% to $36.1 million, outpacing revenue growth. This suggests that Giftify is successfully increasing transaction volume but may be offering deeper discounts or less favorable take rates, which bears watching in future quarters [1].
Gross profit for the second quarter rose by 18.3% to $3.9 million, compared to $3.3 million in the prior year period. This improvement was accompanied by a gross margin expansion to 18.4% from 16.3%, reflecting the company's focus on optimizing pricing strategies and operational efficiencies [1].
The company reported a net loss of $2.6 million, or $0.09 per share, compared to a net loss of $7.7 million, or $0.30 per share, in the prior year period. This improvement was driven by increased gross profit, reduced stock-based compensation expense, and lower interest expense. However, the net loss includes $2.4 million in non-cash expenses, primarily stock compensation and amortization, meaning the actual cash burn is significantly lower [1].
Modified EBITDA loss narrowed to $0.15 million, compared to $0.36 million in the prior year period, reflecting progress toward operational efficiency. Six months 2025 financial results show a net loss of $5.8 million, or $0.20 per share, compared to $10.9 million, or $0.43 per share, in the prior year period [1].
Strategic initiatives, including the acquisition of Takeout7 and the implementation of AI, have driven operational improvements. The Takeout7 acquisition in June strengthens the company's restaurant technology ecosystem, while the new Buy Now, Pay Later partnership with Zip Co. enhances customer access to CardCash.com's savings opportunities [1].
The company's recent launches of the Restaurant Management Center and uChoose corporate platform create new revenue streams that complement its core marketplace business. These initiatives demonstrate Giftify's strategic vision and operational discipline in driving profitability and creating sustainable value in today's dynamic market environment [1].
References:
[1] https://www.stocktitan.net/news/GIFT/giftify-inc-reports-second-quarter-2025-financial-results-revenue-of-ke6rzzxkyj2c.html
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