SCHAUMBURG, IL, March 31, 2025 (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 and operational results for the fourth quarter and year ended December 31, 2024. Q4 2024 Financial Highlights: Q4 2024 net sales increased to $24.18 million, a 4.18% increase, as compared to Q3 2024 net sales of $23.21 million.Q4 2024 gross profit improved $645,785, or 21.59%, to $3.64 million, as compared to Q4 2023 gross profit of $2.99 million.Q4 2024 gross margin improved to 15.04%, as compared to Q3 2024 gross margin of 12.88%.Deployed Enterprise Artif
Discounted Gift Cards Offer Relief as Restaurants and Retailers Adjust to Rising Food Costs SCHAUMBURG, IL, March 18, 2025 (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 highlights how its gift card marketplace is helping consumers combat record-high egg prices and increasing food costs throughout the grocery and restaurant sectors using discounted gift cards. With egg prices reaching record highs, CardCash.com, Giftify's secondary gift card marketplace, provides immediate savings for consumers who are looking for ways to cut costs on groceries and dinin
Record Inventory Increase Meets Growing Consumer Demand for Healthcare Cost-Saving Solutions Surge Driven by Ozempic and Zepbound Prescription Savings Opportunities Combined with Seasonal Health Product Purchases SCHAUMBURG, IL, March 12, 2025 (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 a significant increase in gift card sales following its announcement of a smart savings program for GLP-1 diabetes and weight loss medications. CardCash.com, Giftify's secondary gift card exchange platform, experienced an overall 916% week-over-week increase
CardCash Platform Provides Cost-Reduction Strategy for High-Demand Sports Tickets and Merchandise Ahead of 2025 Major League Baseball (MLB) Season Platform Supports Savings on Popular Sports Retailers Including StubHub, Nike, Adidas, Under Armour, Dick's Sporting Goods, and Fanatics SCHAUMBURG, IL, March 05, 2025 (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 the expansion of its CardCash.com platform into the high-margin sports retail sector, offering consumers smart saving solutions for sports fans to save on tickets, apparel and game-day es
CardCash.com to Offer Cost-Effective Solutions for High-Demand GLP-1 Medications as Prescription Drug Market Grows SCHAUMBURG, IL, Feb. 20, 2025 (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 that CardCash.com is offering consumers smart saving solutions for high-cost GLP-1 weight loss prescription medications like Ozempic (semaglutide) from Novo Nordisk and Zepbound (tirzepatide) from Eli Lilly. CardCash.com, Giftify's secondary gift card exchange platform, provides consumers with an innovative approach to reduce rising out-of-pocket expenses
Strategic AI implementation delivers measurable revenue and efficiency gains SCHAUMBURG, IL, Feb. 13, 2025 (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 the successful enterprise-wide deployment of artificial intelligence (AI) solutions. Initial results from this deployment demonstrate substantial operational efficiencies and cost reductions, while establishing a scalable foundation for enhanced customer engagement and sustainable growth. The Company's Marketing and Sales teams have implemented advanced AI models, resulting in optimized email
SCHAUMBURG, IL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced the cancellation of its equity line of credit (ELOC). On December 16, 2024, the Company entered into a common stock purchase agreement (the "SPA") with an institutional investor. Pursuant to the SPA, the Company had the right, but not the obligation, to sell to the Investor, up to $10,000,000 of newly issued shares of the Company's common stock, subject to certain limitations and conditions. The Company has exe
SCHAUMBURG, IL, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is pleased to provide the following strategic growth initiatives for Restaurant.com, the nation's largest restaurant-focused digital deals brand. Restaurant.com and its Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best de
Targeting Increased Revenue by Ramping the Participating Retailers, Users and Transactions on the Platform SCHAUMBURG, IL, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is pleased to provide the following strategic growth initiatives for CardCash. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Giftify has identified the following strategic priorities to accelerate g
SCHAUMBURG, IL, Jan. 15, 2025 (GLOBE NEWSWIRE) -- : Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced the pricing of its "best efforts" public offering of 600,000 shares of its common stock with no warrants at a public offering price of $1.00 per share. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $600,000. The offering is expected to close on January 16, 2025, subject to the satisfaction of customary closing
10-K - GIFTIFY, INC. (0001760233) (Filer)
8-K - GIFTIFY, INC. (0001760233) (Filer)
8-K - GIFTIFY, INC. (0001760233) (Filer)
8-K - GIFTIFY, INC. (0001760233) (Filer)
8-K - GIFTIFY, INC. (0001760233) (Filer)
8-K - GIFTIFY, INC. (0001760233) (Filer)
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8-K - GIFTIFY, INC. (0001760233) (Filer)
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SCHAUMBURG, IL, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is pleased to provide the following strategic growth initiatives for Restaurant.com, the nation's largest restaurant-focused digital deals brand. Restaurant.com and its Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best de
Innovative partnership provides new pathway to support Susan G. Komen's mission to end breast cancer SCHAUMBURG, IL, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining and entertainment experiences, is proud to announce a transformative partnership between CardCash.com and Susan G. Komen®, the world's leading breast cancer organization, and source of funding for the cure against breast cancer. The collaboration introduces an innovative donation platform that converts unused gift cards into charitable contributions, makin
Invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation on the Emerging Growth Conference SCHAUMBURG, IL, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it has been invited to present on the Emerging Growth Conference on Wednesday, October 30, 2024 at 12:00pm EDT. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact wi
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