Skip to main content
NOTE $0.08 +4.86%
NOTE logo

NOTE · FiscalNote Holdings, Inc.

Track NOTE — free
$0.08 +0.00 (+4.86%) At close · Aug 14
Market Cap
$2.38M
Shares
30.47M
All earnings calls

Earnings call · FY2024 Q1

FiscalNote Holdings, Inc. Q1 FY2024 Earnings Call

FiscalNote Holdings, Inc. Q1 FY2024 Earnings Call

Concluded May 9, 2024
May 9, 2024 7 turns
Period
FY2024 Q1
Runtime
Sources
3 artifacts

Executive readout · one minute

Call research workspace

Read the call alongside every captured source. Audio, transcript, slides and SEC filings stay in one workspace.

Board.org Divestiture & Capital Structure 26 AI Platform & Product Strategy 21 Profitability & Adjusted EBITDA 17 Customer Base & Market Position 11 Revenue Performance & KPIs 8 Expense Reduction / Cost Control 7

Management tone

Positive

Net tone +35 · moderate hedging

Grounding quotes
  • “We kicked off 2024 with a solid start, delivering total revenues of $32 million, which was slightly above our previously provided guidance, and adjusted EBITDA of just over $1 million, marking an important improvement in profitability versus the prior year and in line with previous guidance.”
  • “We experienced some comparison challenges this quarter due to the divestiture of Board.org.”
  • “Our forecast for the second quarter indicates a slight bias toward the second half of the year in terms of our full-year ranges, in line with prior-year seasonality.”
  • “2024 is a year of transformation and a bridge to revenue and margin expansion beginning in 2025”

Forward guidance

5 guided metrics

Management's latest ranges and targets are included below.

Research coverage

3 live sources

Switch sources without leaving this page or losing your listening position.

Revenue $32.11M +1.8% YoY
Diluted EPS $4.44
Net income $50.60M

Research materials

Open the source you need; every reader stays inside this workspace.

Guidance from the call

Stated verbally and extracted from the transcript.

Metric Guided
Total revenues
full year 2024
$123M – $127M
Total run-rate revenue
full year 2024
$126M – $134M
Adjusted EBITDA
full year 2024
$7M – $9M
Total revenues
Q2 2024
$29M
Adjusted EBITDA
Q2 2024
$1M

Quarter detail

How the reported period landed and where the business moved.

Revenue · regions

North America$26.00M -0.6% YoY
Europe$5.27M +28.5% YoY
Asia$543,000 -45% YoY
Australia$303,000 +4.8% YoY
Full-screen source Call document