Fiscalnote Hldg Stock Price, News & Analysis

FiscalNote (NYSE: NOTE) reported its Q1 2025 financial results, exceeding forecasts with $27.5 million in revenue and $2.8 million in adjusted EBITDA. The company reaffirmed its FY2025 guidance of $94-$100 million in revenue and $10-$12 million in adjusted EBITDA. Q1 saw a revenue decline of 14% year-over-year, with subscription revenue at $25.2 million (92% of total). The company completed strategic divestitures, selling Oxford Analytica and Dragonfly Intelligence to Dow Jones for $40 million and announcing the sale of TimeBase to Thomson Reuters for $6.5 million. FiscalNote launched its new AI-focused PolicyNote platform and enhanced its offerings with new features. The Board continues to review strategic options to maximize shareholder value. Operating expenses decreased by 5% to $41.3 million, reflecting ongoing efficiency measures.

FiscalNote (NYSE: NOTE), a leading AI-driven policy and regulatory intelligence solutions provider, has announced its participation in three upcoming investor conferences in New York City during May 2025:

• Needham & Co. 20th Annual Technology, Media & Consumer Conference on May 13 at InterContinental New York Times Square
• D. Boral Capital Inaugural Global Conference on May 14 at The Plaza Hotel
• Ladenburg Thalmann Technology Innovation EXPO25 on May 21 at Convene 101 Park Avenue

The company will host investor meetings at all events and deliver a presentation at the Ladenburg Thalmann conference. Related presentations and webcasts will be available on FiscalNote's investor relations website.

FiscalNote Holdings (NYSE: NOTE), a leading AI-driven policy and regulatory intelligence solutions provider, has scheduled its First Quarter 2025 financial results announcement for May 12, 2025, after market close. The company will host a conference call at 5:00 p.m. ET on the same day.

Participants can join via phone (U.S./Canada: 1-800-715-9871; International: 646-307-1963; Conference ID: 7871199) or through the company's Investor Relations website. A replay will be available until May 19, 2025, via phone and indefinitely via webcast.

FiscalNote (NYSE: NOTE) has announced the sale of its Australian subsidiary, TimeBase, to Thomson Reuters Corporation for $6.5 million. The divestiture aims to streamline operations and strengthen the company's balance sheet, with proceeds being used to reduce senior term loan debt. TimeBase, acquired in 2021, contributed approximately $1.3 million to FiscalNote's total revenue of $120.3 million in 2024.

Despite the divestiture, FiscalNote has reaffirmed its FY 2025 guidance with projected total revenues of $94-$100 million and adjusted EBITDA of $10-$12 million. The company will maintain its Australian market presence through its PolicyNote platform, with Australian policy intelligence remaining part of the core global data set. The transaction is pending antitrust clearance in Australia and other customary closing conditions.

FiscalNote (NYSE: NOTE) has launched a dedicated tariff tracker within its PolicyNote platform, enhancing its policy monitoring capabilities. The new tool addresses the increasing complexity of tariff implementations through Executive Orders and retaliatory actions amid rising global trade tensions.

The tariff tracker provides organizations with essential insights and analytics to understand regulatory implications and manage business impacts. Key features include:

• Access to timely policy data from authoritative sources
• Clear understanding of tariff implementation and compliance obligations
• Identification of business threats and opportunities
• Advanced analytical tools for tariff management

According to Josh Resnik, CEO & President of FiscalNote, this enhancement responds to customers' needs for trusted, up-to-date intelligence in an increasingly volatile trade policy environment. The launch aligns with FiscalNote's strategy to accelerate innovative solutions delivery and drive product-led growth.

FiscalNote Holdings (NYSE: NOTE), a provider of AI-driven policy and regulatory intelligence solutions, has announced key appointments to strengthen its executive leadership team. Greg Alexander, formerly of Casetext, joins as Vice President of Engineering, while Gerry Campbell, previously of AOL and Reuters, becomes Strategic Advisor for Technology Acceleration.

Alexander brings over 15 years of experience in building engineering teams and launching AI solutions, notably leading the development of CoCounsel, a generative AI solution acquired by Thomson Reuters. Campbell, with 30+ years of experience, previously ran AOL Search, generating $400 million in annual revenue and establishing the first paid search partnership with Google.

These appointments aim to accelerate FiscalNote's product-led growth strategy, enhance its AI and policy data capabilities, and advance the development of PolicyNote. The company focuses on strengthening its technical edge and driving innovation in AI-powered policy intelligence solutions.

FiscalNote Holdings (NYSE: NOTE) has received notification from the NYSE that it no longer meets the continued listing requirement of maintaining an average closing share price of at least $1.00 over a 30-day trading period. The company has been given a standard six-month cure period to regain compliance.

While FiscalNote remains compliant with all other NYSE listing standards, the company is evaluating options to address this situation. The notification does not affect business operations, SEC reporting requirements, or trigger defaults under debt agreements. The stock will continue trading on NYSE during this period.

Management is focusing on:

• Driving operational efficiencies
• Accelerating path to positive free cash flow
• Recent divestiture of non-core assets
• Repayment of senior debt
• Expansion of Adjusted EBITDA margins
• Migration of customers to new PolicyNote platform

FiscalNote (NYSE: NOTE) has launched its new EU Defense and Space Policy vertical, expanding its AI-driven policy intelligence solutions. The initiative provides enhanced visibility into critical areas including space, defense industry, internal security, and crisis management.

The launch comes amid significant changes in EU defense policy, including the establishment of a Commissioner for Defence and Space position and the ReArm Europe Plan with an €800 billion defense spending allocation. This transformation is driven by the ongoing war in Ukraine and shifting global alliances, as the EU aims to strengthen its manufacturing capacity and reduce dependence on non-European defense systems.

The new vertical will help organizations track funding shifts, procurement developments, and strategic policy direction across the EU, enabling more informed decision-making and risk reduction in a rapidly evolving regulatory environment.

Dow Jones has completed the acquisition of Dragonfly Intelligence and Oxford Analytica from FiscalNote Holdings for $40 million, with News Corp expecting a $4 million tax benefit. Both companies will operate under Dow Jones Risk & Compliance division.

Dragonfly Intelligence provides geopolitical and security intelligence services from London and Singapore, offering real-time intelligence on security risks. Oxford Analytica, founded in 1975, delivers macroeconomic and geopolitical risk analysis through its global expert network.

The acquisition strengthens Dow Jones's specialized business information portfolio. The Risk & Compliance division reported 16% year-over-year revenue growth to nearly $300 million in fiscal year 2024. This follows recent acquisitions of WorldECR and increased stake in Ripjar, highlighting Dow Jones's expansion in the risk and compliance sector.