• Giftify posted a Q1 net loss that narrowed 17.6% to $2.7 million, or $(0.08) per share, as gross billings rose 25% to $45 million.
• Gross profit climbed 18.5% to $4.2 million, lifting gross margin 3.8 percentage points to 19.9%.
• Net sales slipped 4.1% to $21.4 million due to a shift toward agent transactions recognized on a net basis; agent transactions represented about 8% of net sales versus about 4% a year earlier.
• CardCash buy orders reached 112,084 through March 22, up from 105,583 a year earlier, while average buyer order value increased 15.4% to $384.
• Updates included deployment of a CardCash AI order review system in March, launch of a Capital One Shopping distribution partnership on April 1, and a 56% year-over-year cut in fraud-related order declines in Q1.

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: 202605120825PRIMZONEFULLFEED9718239) on May 12, 2026, and is solely responsible for the information contained therein.