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FiscalNote Holdings (NOTE)
NYSE:NOTE
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.08Last Year’s EPS
0.37Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -7.29%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
FiscalNote Holdings, Inc. showed strong progress in profitability and debt reduction, with significant improvements in adjusted EBITDA and cash flow from operations. The launch of Policy Note has been positively received, indicating potential for future growth. However, there are challenges ahead with flat ARR, slightly reduced net revenue retention, and potential market volatility affecting future growth. The overall sentiment is cautiously optimistic with notable achievements in operational efficiency.Company Guidance
During the conference call, FiscalNote Holdings, Inc. provided guidance for 2025, emphasizing several key financial metrics and strategic goals. The company aims to achieve an adjusted EBITDA between $10 million and $12 million, which is more than double the 2024 adjusted EBITDA margins on a pro forma basis despite the anticipated divestiture of Oxford Analytica and Dragonfly. FiscalNote also plans to reduce senior debt by over 60% from the previous year and improve cash flow from operations, which saw a significant $30 million improvement in 2024. Total revenue for 2025 is expected to range between $94 million and $100 million, with a focus on growing annual recurring revenue (ARR) in the second half of the year. The company's strategy involves managing debt, enhancing operating margins, simplifying the product portfolio, and leveraging the newly launched Policy Note platform to drive customer engagement and retention, thereby setting a foundation for sustained GAAP revenue growth in 2026 and beyond.Significant Improvement in Adjusted EBITDA
FiscalNote Holdings reported $9.8 million in adjusted EBITDA for 2024, a year-over-year improvement of more than $17 million and 1,400 basis points.
Debt Reduction Achievements
The company reduced senior debt by more than 60% in the past year, with a pending divestiture expected to further reduce the senior term loan by $29 million.
Launch and Positive Reception of Policy Note
The launch of Policy Note in January has shown strong engagement and adoption trends, with positive qualitative feedback from customers highlighting its intuitive experience and impact.
Improved Cash Flow from Operations
Cash flow from operations improved significantly by more than $30 million in 2024 compared to 2023.
Achievement of Positive Adjusted EBITDA for Full Year
2024 marked the first full year of positive adjusted EBITDA in FiscalNote's history, reaching $9.8 million.
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NOTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NOTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $0.96 | $0.92 | -4.17% |
| Nov 12, 2024 | $0.88 | $0.77 | -12.50% |
| Aug 08, 2024 | $1.37 | $1.31 | -4.38% |
| May 09, 2024 | $1.22 | $1.29 | +5.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does FiscalNote Holdings (NOTE) report earnings?
FiscalNote Holdings (NOTE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is FiscalNote Holdings (NOTE) earnings time?
FiscalNote Holdings (NOTE) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NOTE EPS forecast?
NOTE EPS forecast for the fiscal quarter 2025 (Q1) is -0.08.
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