Financials FiscalNote Holdings, Inc.

Stocks

NOTE

US3376553026

Software

Market Closed - OTC Markets 08:41:07 04/06/2026 pm IST			5-day change	1st Jan Change
0.1770 ^USD	-.--%		+1,763.16%	-87.96%

28/08	Oxford Economics Ltd. acquired Frontier Strategy Group Inc. from FiscalNote Holdings, Inc. for approximately $9.5 million.	CI
28/08	FiscalNote Holdings, Inc. Updates Its Earnings Guidance for Full Year 2026	CI

Projected Income Statement: FiscalNote Holdings, Inc.

Projected Income Statement - Annual - FiscalNote Holdings, Inc.

Fiscal Period: December	2022	2023	2024	2025	2026	2027
Net sales ¹	113.8	132.6	120.3	95.41	77.15	77.23
Change	-	16.6%	-9.33%	-20.67%	-19.14%	0.11%
EBITDA ¹	-24.45	-7.506	9.781	10.28	12.16	13.96
Change	-	69.3%	230.31%	5.14%	18.27%	14.76%
EBIT ¹	-88.19	-97.74	-31.94	-49.5	-15.42	-6.335
Change	-	-10.83%	67.32%	-54.99%	68.84%	58.93%
Interest Paid ¹	-95.74	-29.94	-23.59	-16.49	-15.07	-15.62
Earnings before Tax (EBT) ¹	-221.5	-115.2	10.05	-66.5	-28.37	-22.72
Change	-	47.98%	108.72%	-761.46%	57.33%	19.91%
Net income ¹	-244.8	-115.5	9.517	-65.25	-28.15	-22.79
Change	-	52.84%	108.24%	-785.58%	56.86%	19.04%
Announcement Date	28/03/23	12/03/24	13/03/25	19/03/26	-	-

¹USD in Million

Estimates

Projected Income Statement - Quarterly - FiscalNote Holdings, Inc.

Fiscal Period: December	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	-	27.17	29.07	31.45	31.53	32.84	34.01	34.26	32.11	29.25	29.44	29.47	27.51	23.26	22.43	22.2	20.02	19.58	19	18.48	18.78	19.03	19.49	19.87
Change	-	-	6.98%	8.18%	0.25%	4.16%	3.55%	0.75%	-6.28%	-8.93%	0.66%	0.1%	-6.64%	-15.44%	-3.59%	-1.01%	-9.81%	-2.22%	-2.99%	-2.7%	1.61%	1.34%	2.4%	1.95%
EBITDA ¹	-	-4.99	-7.436	-5.218	-6.967	-4.262	0.736	2.987	1.217	1.774	3.444	3.346	2.781	2.801	2.18	2.522	1.021	2.326	3.49	3.487	3.239	3.49	3.492	3.744
Change	-	-	-49.02%	29.83%	-33.52%	38.83%	117.27%	305.84%	-59.26%	45.77%	94.14%	-2.85%	-16.89%	0.72%	-22.17%	15.69%	-59.52%	127.82%	50.04%	-0.09%	-7.11%	7.75%	0.06%	7.22%
EBIT ¹	-	-11.74	-44.13	-19.91	-27.37	-16.98	-13.46	-39.93	-11.44	-7.956	-6.811	-5.73	-13.76	-7.427	-9.739	-18.58	-42.51	-24.09	-1.794	-1.797	-1.795	-1.794	-1.792	-1.79
Change	-	-	-275.89%	54.87%	-37.45%	37.97%	20.72%	-196.63%	71.34%	30.48%	14.39%	15.87%	-140.17%	46.03%	-31.13%	-90.74%	-128.82%	43.33%	92.55%	-0.17%	0.11%	0.06%	0.11%	0.11%
Charge d'intérêts ¹	-	-24.26	-42.89	-6.069	-6.681	-7.154	-8.018	-8.087	-7.362	-5.32	-5.585	-5.322	-5.127	-4.338	-3.695	-3.328	-3.356	-3.904	-3.904	-3.904	-3.904	-3.904	-3.902	-3.904
Earnings before Tax (EBT) ¹	-	-38.54	-111.3	-42.96	-19.24	-30.76	-14.53	-50.71	52.02	-12.44	-15.56	-13.98	-4.289	-14.07	-25.09	-23.05	-43.81	-27.92	-5.698	-5.701	-5.699	-5.698	-5.696	-5.694
Change	-	-	-188.79%	61.4%	55.21%	-59.85%	52.77%	-249%	202.6%	-123.91%	-25.05%	10.16%	69.31%	-227.96%	-78.39%	8.14%	-90.08%	36.27%	79.59%	-0.05%	0.04%	0.02%	0.04%	0.04%
Net income ¹	-28.35	-48.97	-109	-42.54	-19.27	-30.97	-14.47	-50.75	50.6	-12.76	-14.94	-13.38	-4.25	-13.27	-24.86	-22.87	-43.61	-27.83	-23.83	-23.84	-5.699	-5.698	-5.696	-5.694
Change	-	-72.74%	-122.57%	60.97%	54.7%	-60.71%	53.29%	-250.78%	199.71%	-125.23%	-17.01%	10.39%	68.24%	-212.26%	-87.29%	7.98%	-90.69%	36.18%	14.38%	-0.01%	76.09%	0.02%	0.04%	0.04%
Announcement Date	23/05/22	15/08/22	14/11/22	28/03/23	10/05/23	09/08/23	14/11/23	12/03/24	09/05/24	08/08/24	12/11/24	13/03/25	12/05/25	07/08/25	06/11/25	19/03/26	07/05/26	10/08/26	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: FiscalNote Holdings, Inc.

Fiscal Period: December	2022	2023	2024	2025	2026	2027
Net Debt	-	199	112	102	-	-
Change	-	-	-43.72%	-8.93%	-	-
Announcement Date	28/03/23	12/03/24	13/03/25	19/03/26	-	-

Estimates

Cash Flow Forecast: FiscalNote Holdings, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025
CAPEX ¹	4.163	5.57	11.37	7.938	8.884	7.203
Change	-	33.8%	104.08%	-30.17%	11.92%	-18.92%
Free Cash Flow (FCF) ¹	-25.24	-43.96	-67.26	-2.008	-13.07	-10.89
Change	-	-74.13%	-53.02%	97.01%	-550.87%	16.68%
Announcement Date	03/12/21	23/05/22	28/03/23	15/03/24	01/04/25	24/03/26

¹USD in Million

Estimates

Forecast Financial Ratios: FiscalNote Holdings, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-21.49%	-5.66%	8.13%	10.78%	15.77%	18.07%
EBIT Margin (%)	-	-	-77.52%	-73.68%	-26.56%	-51.89%	-19.99%	-8.2%
EBT Margin (%)	-	-	-194.71%	-86.88%	8.36%	-69.7%	-36.78%	-29.42%
Net margin (%)	-	-	-215.2%	-87.05%	7.91%	-68.39%	-36.48%	-29.5%
FCF margin (%)	-	-	-73.83%	-32.74%	-11.79%	-	-	-
FCF / Net Income (%)	-	-	34.31%	37.62%	-149.02%	-	-	-
Profitability
ROA	-6.34%	-9.66%	-13.21%	-10.27%	-5.73%	-7.98%	-	-
ROE	-404.15%	871.85%	-390.25%	-122.73%	13.47%	-81.67%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-26.49x	11.5x	9.93x	-	-
Debt / Free cash flow	-	-	-	-4.58x	-7.93x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	9.99%	5.98%	7.39%	-	-	-
CAPEX / EBITDA (%)	-	-	-46.49%	-105.76%	90.83%	-	-	-
CAPEX / FCF (%)	-	-	-13.53%	-18.28%	-62.64%	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	-	-	-44.16	-10.56	0.84	-4.65	-5.32	-0.87
Change	-	-	-	76.09%	107.95%	-653.55%	-14.41%	83.65%
Nbr of stocks (in thousands)	-	-	10,932	10,827	11,768	15,710	53,310	53,310
Announcement Date	-	-	28/03/23	12/03/24	13/03/25	19/03/26	-	-