Giftify Inc. Reports 19% Year-Over-Year Growth in CardCash November Volume

Reuters
2025/12/11
Giftify Inc. Reports 19% Year-Over-Year Growth in CardCash November Volume

Giftify Inc. $(GIFT)$, owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, reported strong year-over-year growth for CardCash.com in November 2025, driven by increased Black Friday demand. The Total Face Value of gift cards rose 18.8% to $16.47 million, with the Total Paid Amount also increasing 18.9% compared to November 2024. The number of customers grew by 9.4%. Gross Profit increased by 8.0%, with Gross Margin rising from 13.16% to 18.59%, a 41% improvement. Total Affiliate Sales increased 49%, and inventory turnover improved as Max Card Age declined by 45%. Shipping costs decreased by 7.4% year-over-year. The company attributes the performance to higher marketplace volume and consumer demand for discounted gift cards during the peak shopping season.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Giftify Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9600667-en) on December 11, 2025, and is solely responsible for the information contained therein.

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