Giftify reports Q2 EPS (9c) vs. (30c) last year

Reports Q2 revenue $20.9M vs. $20M last year. Ketan Thakker, Chief Executive Officer of Giftify (GIFT), Inc., commented, “Our second quarter performance reflects the strength of our strategic vision and operational discipline. We delivered revenue of $20.9 million while achieving an impressive 18.3% increase in gross profit and expanding our gross margin to 18.4%. This margin improvement underscores our team’s focus on driving profitability and creating sustainable value in today’s dynamic market environment. The quarter was marked by significant strategic milestones that position us for accelerated growth. The TakeOut7 acquisition in June strengthens our restaurant technology ecosystem, while our new Buy Now, Pay Later partnership with Zip Co. enhances customer access to CardCash.com’s savings opportunities. Combined with our ongoing AI initiatives and vertical market expansion in travel, sports, and healthcare, we’re building a comprehensive platform that serves multiple high-growth markets. Looking ahead, our recent launches of the Restaurant Management Center and uChoose corporate platform create exciting new revenue streams that complement our core marketplace business.”