FiscalNote Holdings Statistics

Total Valuation

NOTE has a market cap or net worth of $89.82 million. The enterprise value is $192.27 million.

Market Cap	89.82M
Enterprise Value	192.27M

Important Dates

The last earnings date was Thursday, August 7, 2025, after market close.

Earnings Date	Aug 7, 2025
Ex-Dividend Date	n/a

Share Statistics

NOTE has 172.07 million shares outstanding. The number of shares has increased by 13.55% in one year.

Current Share Class	163.78M
Shares Outstanding	172.07M
Shares Change (YoY)	+13.55%
Shares Change (QoQ)	+5.76%
Owned by Insiders (%)	8.69%
Owned by Institutions (%)	18.51%
Float	96.36M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.71
Forward PS	1.20
PB Ratio	0.90
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.75
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.09, with a Debt / Equity ratio of 1.48.

Current Ratio	1.09
Quick Ratio	0.92
Debt / Equity	1.48
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-1.66

Financial Efficiency

Return on equity (ROE) is -45.39% and return on invested capital (ROIC) is -8.15%.

Return on Equity (ROE)	-45.39%
Return on Assets (ROA)	-6.64%
Return on Invested Capital (ROIC)	-8.15%
Return on Capital Employed (ROCE)	-14.27%
Revenue Per Employee	$191,419
Profits Per Employee	-$79,998
Employee Count	573
Asset Turnover	0.35
Inventory Turnover	n/a

Taxes

Income Tax	-2.05M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -57.90% in the last 52 weeks. The beta is 0.58, so NOTE's price volatility has been lower than the market average.

Beta (5Y)	0.58
52-Week Price Change	-57.90%
50-Day Moving Average	0.62
200-Day Moving Average	0.89
Relative Strength Index (RSI)	37.83
Average Volume (20 Days)	2,917,366

Short Selling Information

The latest short interest is 12.82 million, so 7.45% of the outstanding shares have been sold short.

Short Interest	12.82M
Short Previous Month	14.03M
Short % of Shares Out	7.45%
Short % of Float	13.31%
Short Ratio (days to cover)	3.84

Income Statement

In the last 12 months, NOTE had revenue of $109.68 million and -$45.84 million in losses. Loss per share was -$0.31.

Revenue	109.68M
Gross Profit	86.22M
Operating Income	-33.73M
Pretax Income	-25.65M
Net Income	-45.84M
EBITDA	-23.13M
EBIT	-33.73M
Loss Per Share	-$0.31

Full Income Statement

Balance Sheet

The company has $38.52 million in cash and $140.96 million in debt, giving a net cash position of -$102.45 million or -$0.60 per share.

Cash & Cash Equivalents	38.52M
Total Debt	140.96M
Net Cash	-102.45M
Net Cash Per Share	-$0.60
Equity (Book Value)	95.10M
Book Value Per Share	0.58
Working Capital	4.72M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$7.21 million and capital expenditures -$7.93 million, giving a free cash flow of -$15.13 million.

Operating Cash Flow	-7.21M
Capital Expenditures	-7.93M
Free Cash Flow	-15.13M
FCF Per Share	-$0.09

Full Cash Flow Statement

Margins

Gross margin is 78.61%, with operating and profit margins of -30.75% and -41.79%.

Gross Margin	78.61%
Operating Margin	-30.75%
Pretax Margin	-43.66%
Profit Margin	-41.79%
EBITDA Margin	-21.09%
EBIT Margin	-30.75%
FCF Margin	n/a

Dividends & Yields

NOTE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-13.55%
Shareholder Yield	-13.55%
Earnings Yield	-51.03%
FCF Yield	-16.84%

Analyst Forecast

The average price target for NOTE is $2.44, which is 367.43% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$2.44
Price Target Difference	367.43%
Analyst Consensus	Strong Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

NOTE has an Altman Z-Score of -3.51 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-3.51
Piotroski F-Score	5