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Giftify

GIFT on Nasdaq. Market value $20m.

Watch this stockFree. We tell you when something changes.

Should I look at this?

Look carefully before going further

Why it could be worth it

Nothing stands out yet.

What to watch out for

Read the warning sign in its own filings

This is not advice.

Compare with another stock

Who owns it

None of the long-term investors we follow own it. 17 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

1 investor owns more than 5%.

  • Interactive Communications International, Inc.
    Passive investor
    at least 8.7%
    (filed with 2 related holders)
    Since 29 December 2023

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 1 sold $10,707, $6,437 of it under preset trading plans.

  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    2 July 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    10 June 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    3 May 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    1 April 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    23 March 2026
    Shares
    437
    Price
    $1.00
    Value
    $437
  • Miller Timothy William
    Vice President, Sales
    Sold
    under a preset trading plan
    Date
    18 March 2026
    Shares
    1,000
    Price
    $1.00
    Value
    $1,000
  • Miller Timothy William
    Vice President, Sales
    Sold
    Date
    2 February 2026
    Shares
    1,000
    Price
    $1.05
    Value
    $1,050
  • Miller Timothy William
    Vice President, Sales
    Sold
    Date
    2 January 2026
    Shares
    1,000
    Price
    $1.07
    Value
    $1,070
  • Miller Timothy William
    Vice President, Sales
    Sold
    Date
    8 December 2025
    Shares
    1,000
    Price
    $1.11
    Value
    $1,110

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

2 serious warning signs in Giftify’s filings.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 18 Mar 2026, plus the 10-Q filed 3 Aug 2026 and 3 later 8-Ks.

  • Doubt it can keep going

    Serious

    The company or its auditor warned it may not have enough money to last the next year.

    “These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued.”
    Show the full paragraph
    The accompanying financial statements have been prepared under the assumption that the Company will continue as a going concern. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 205-40, Going Concern , the Company’s management has evaluated whether there are conditions or events that raise substantial doubt about its ability to continue as a going concern within one year after the date the accompanying financial statements were issued. Giftify and CardCash have a history of reporting net losses and negative operating cash flows. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued. In addition, the Company’s independent registered public accounting firm, in its report on the Company’s consolidated financial statements for the year ended December 31, 2025, expressed substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

    From the 10-Q filed 3 August 2026, Part I, Item 1. Financial Statements. Read it in the filing

  • Weak checks on its own accounts

    Serious

    The company said its checks on its own accounts did not work at the end of its latest quarter. Mistakes could slip into the numbers.

    “Based on that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of June 30, 2026, due to a material weakness in internal control over financial reporting that was previously identified for the year ended December 31, 2025, and has not been fully remediated.”
    Show the full paragraph
    The Company’s Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of our “disclosure controls and procedures” (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended), as of June 30, 2026. Based on that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of June 30, 2026, due to a material weakness in internal control over financial reporting that was previously identified for the year ended December 31, 2025, and has not been fully remediated.

    From the 10-Q filed 3 August 2026, Part I, Item 4. Controls and Procedures. Read it in the filing

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.