Filing Flows › Giftify (GIFT) › Q1 2025
Giftify (GIFT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Giftify (GIFT) reported revenue of $22.3M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -8% from the quarter before. Operating margin was -14.2%, net loss $3.2M (14.4% of revenue).
Giftify, Q1 2025: revenue $22.3M (+4% year over year), operating margin -14.2%, net loss $3.2M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.3M | -8% | +4% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$3.2M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $22.3M in Q1 2025, up 4% year over year and down 8% from the previous quarter. Card Cash Gift Cards was the largest line at 98% of revenue. Card Cash Gift Cards added $707K year over year (up 3%), 94% of the total change.
Gross margin was 16.1%, up 0.9 points from a year earlier. Operating costs exceeded revenue by $3.2M, an operating margin of -14.2%. Operating expenses grew 9% against revenue growth of 4%. The fastest-growing cost line was SG&A (+16%). The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $3.8M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $705K of depreciation and amortization and $569K of share-based compensation. Working capital and other items added $494K.
Questions
What was Giftify's revenue in the first quarter 2025?
Giftify (GIFT) reported revenue of $22.3M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -8% from the quarter before.
Was Giftify profitable in the first quarter 2025?
Operating loss was $3.2M (-14.2% of revenue) and net loss $3.2M.
Source: Giftify 10-Q on SEC EDGAR.