Partnership expected to reach approximately 700 locations by August 2026, including stores serving Stanford University and the University of Texas, creating a new customer acquisition channel and a new source of gift card supply ahead of the back-to-school season SCHAUMBURG, IL, June 29, 2026 (GLOBE NEWSWIRE) -- Giftify, Inc.

globenewswire.com - 2026-06-29 09:30:00

Partnership expected to reach approximately 700 locations by August 2026, including stores serving Stanford University and the University of Texas, creating a new customer acquisition channel and a new source of gift card supply ahead of the back-to-school season

globenewswire.com - 2026-06-29 09:30:00

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.

globenewswire.com - 2026-05-12 08:25:00

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 SCHAUMBURG, IL, May 06, 2026 (GLOBE NEWSWIRE) -- Giftify, Inc.

globenewswire.com - 2026-05-06 08:30:00

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

globenewswire.com - 2026-05-06 08:30:00

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

globenewswire.com - 2026-04-15 08:30:00