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.
