Giftify, Inc. operates digital incentives, rewards, dining and restaurant-technology platforms through CardCash.com, Restaurant.com and Takeout7.com. CardCash functions as a secondary gift card exchange where consumers and businesses sell unwanted gift cards and buyers purchase discounted card inventory, while Restaurant.com provides digital dining, retail and entertainment deals and Takeout7 supports restaurant online ordering and digital marketing services.
Recurring company developments include CardCash buy-side and sell-side marketplace activity, average order value, seller acquisition, fraud detection, transaction review automation, affiliate distribution and AI-enabled operating systems. Giftify also reports updates on Restaurant.com platform development, restaurant partner technology, transaction mix, gross billings, revenue recognition as principal or agent, margins and expense management.
Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced its participation in The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference. The event will take place on December 11th, 2024, at the New York Athletic Club in New York City.
The conference provides a unique platform for emerging growth companies to connect with institutional and individual investors through one-on-one meetings. Giftify, which specializes in incentives and rewards in retail, dining, and entertainment experiences, will be conducting individual meetings with investors and analysts throughout the conference day.
Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced its participation in the Noble Capital Markets' 20th Annual Emerging Growth Equity Conference. The event will take place on December 3-4, 2024, at Florida Atlantic University in Boca Raton, FL.
The company's management team is scheduled to present on Wednesday, December 4, 2024, at 2:00 p.m. ET in Presentation Room 2. Additionally, management will be available for one-on-one meetings with investors during the conference. Interested parties can schedule meetings through their NobleCon representative or by contacting ClearThink IR.
Giftify (NASDAQ: GIFT) reported Q3 2024 financial results with revenue growth of 14.9% to $23.2 million and gross profit increase of 16.0% to $3.0 million. The company posted a net loss of $4.1 million, including $3.4 million in non-cash and one-time expenses. The gross margin improved to 12.9%. The company forecasts at least $85 million in revenue for 2024, reflecting its strong position in the secondary gift card market. Notable events include uplisting to Nasdaq Capital Market and corporate rebranding to Giftify. The company maintains a cash balance of $3.1 million and total assets of $37.5 million.
Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, will present at the Emerging Growth Conference on Wednesday, October 30, 2024, at 12:00 PM EDT. The 30-minute live, interactive online event will feature CFO Steve Handy presenting the company's developments and answering questions from shareholders and investors.
Participants can submit questions in advance to Questions@EmergingGrowth.com or during the event. Those unable to attend can access the archived webcast on EmergingGrowth.com and the Emerging Growth YouTube Channel. Registration is required through the provided webcast link.
RDE Inc (NASDAQ: GIFT) announces corporate rebranding to Giftify Inc, effective October 28th, following shareholder approval. The company, which owns Restaurant.com and CardCash.com, focuses on incentives and rewards in retail, dining, and entertainment. The rebranding aims to optimize brand portfolio, reduce complexities, and expand beyond Restaurant.com offerings.
CEO Ketan Thakker highlights improved margins and increased gross profit following the CardCash.com acquisition in late 2023. The company plans to reactivate past users, increase visibility, enable cross-platform selling, and pursue strategic acquisitions to expand its user base and revenue.
RDE, Inc. (NASDAQ:GIFT), owner of CardCash.com and Restaurant.com, will present at the MicroCap Rodeo Fall Conference on October 16, 2024, in New York City. CEO Ketan Thakker and CFO Steve Handy will discuss operational highlights, growth initiatives, and strategic direction for the company's digital platforms focused on incentives and rewards in retail, dining, and entertainment experiences.
The presentation is scheduled for 3:00pm ET and will be webcast live. Interested parties can register to watch virtually. Management will also be available for one-on-one meetings with approved investors on the same day. For more information and registration details, visit www.microcaprodeo.com.
RDE, Inc. (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced that its recently hired CFO Steve Handy purchased 25,620 shares in the open market. The transactions occurred on October 1, 3, and 4, 2024, with an average price of $1.9646 per share, totaling $50,333.
Handy expressed excitement about the company's future and stated that his open market purchases demonstrate his enthusiasm, especially given the recent share price decline since RDE's uplisting to Nasdaq in August. RDE focuses on incentives and rewards in retail, dining, and entertainment experiences through its digital platforms.
RDE, Inc. (NASDAQ: GIFT), owner of Restaurant.com and CardCash.com, has announced significant milestones for its CardCash.com B2B platform in 2024. The platform has achieved a 10% monthly growth rate in customer acquisition, onboarding over 25 new business customers monthly. CardCash has helped partners save over $3 million in incentive and reward program expenses, with monthly savings increasing by $50,000 compared to 2023. The self-service Elite Platform has seen a rise in order volume, with nearly 1,000 additional orders per month compared to last year. CardCash's B2B platform offers a diverse catalog of over 500 retail brands, with customers purchasing from 200 unique brands in the last month alone. CEO Ketan Thakker noted that approximately half of CardCash.com's revenue comes from the B2B side of the business.