For the year ending 2025-12-31, GIFT made $83,181,716 in revenue. -$10,491,658 in net income. Net profit margin of -12.61%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Net sales | 83,181,716 | 88,934,036 | ||
| Cost of sales | 67,686,362 | 75,789,255 | ||
| Gross profit | 15,495,354 | 13,144,781 | ||
| Selling, general and administrative expenses | 22,933,052 | 27,615,865 | ||
| Depreciation of capitalized software costs | 645,375 | 1,472,974 | ||
| Amortization of intangible assets | 2,271,673 | 2,431,668 | ||
| Total operating expenses | 25,850,100 | 31,520,507 | ||
| Loss from operations | -10,354,746 | -18,375,726 | ||
| Interest income | 15,511 | - | ||
| Interest expense | 604,759 | 1,002,354 | ||
| Financing costs | 95,000 | 131,000 | ||
| Other income | 38,540 | - | ||
| Total other expense, net | -645,708 | -1,133,354 | ||
| Net loss before income tax benefit | -11,000,454 | -19,509,080 | ||
| Income tax (expense) benefit | - | -677,000 | ||
| Income tax benefit | -508,796 | - | ||
| Net loss | -10,491,658 | -18,832,080 | ||
| Basic EPS | -0.35 | -0.73 | ||
| Diluted EPS | -0.35 | -0.73 | ||
| Basic Average Shares | 29,845,707 | 25,745,113 | ||
| Diluted Average Shares | 29,845,707 | 25,745,113 | ||
GIFTIFY, INC. (GIFT)
GIFTIFY, INC. (GIFT)