FiscalNote Holdings, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024, on March 13, 2025. The company exceeded both revenue and adjusted EBITDA forecasts for both periods, with Q4 2024 total revenues of $29.5 million and adjusted EBITDA of $3.3 million.
A significant milestone was achieved as 2024 marked FiscalNote's first full calendar year of positive adjusted EBITDA, reaching $9.8 million, a $17 million improvement year-over-year. The company also reported a net income of $9.5 million for the full year 2024, compared to a net loss of $115.5 million in 2023.
For the full year 2025, FiscalNote provided an initial forecast of total revenues between $94 million and $100 million, and adjusted EBITDA between $10 million and $12 million. The company also noted a 44% reduction in its senior debt during 2024 and anticipated the closing of the Oxford Analytica and Dragonfly divestiture by month-end.
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