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FiscalNote Holdings, Inc. (symbol: NOTE) is a leading provider of global policy and market intelligence solutions. The company leverages advanced AI and analytics to deliver actionable legal and policy insights for businesses, government institutions, and nonprofits. Its comprehensive suite of products includes FiscalNote Core, CQ Federal, and EU Issue Tracker, all designed to facilitate effective policy management and risk mitigation.
FiscalNote also offers expert analysis through FrontierView, Oxford Analytica, and Dragonfly Eye, providing geopolitical and market intelligence services. The company's primary goal is to integrate policy intelligence into daily operations, supporting decision-making processes and enhancing organizational efficiency.
Operating as a single segment, FiscalNote generates the majority of its revenue from North America, with additional contributions from Europe, Australia, and Asia. The company's innovative approach and extensive reach have solidified its position as a critical resource for navigating the complex landscape of global policy and market intelligence.
Recent achievements and ongoing projects underscore FiscalNote's commitment to excellence and innovation in the realm of policy intelligence. Its strategic partnerships and continuous product enhancements ensure that clients receive the most accurate and timely information available.
FiscalNote (NYSE: NOTE) announced a landmark partnership with the National Assembly of Korea, formalized during a signing ceremony in Seoul on December 21, 2022. This collaboration marks the first of its kind between the Assembly and a commercial provider, focusing on AI-driven policy intelligence and legislative tracking. The partnership aims to enhance policy monitoring and explore the development of big data and AI industries. FiscalNote’s CEO, Tim Hwang, emphasized the significance of this collaboration in supporting decision-makers with critical insights.
FiscalNote Holdings (NYSE: NOTE) announced new customer agreements across healthcare and biotech sectors, enhancing its market intelligence solutions. These include significant contract renewals and expansions with major organizations like Kaiser Permanente and Moderna. The company is addressing the growing demand for effective policy monitoring in a complex regulatory environment. With advancements in SaaS technology, FiscalNote aims to provide comprehensive tools for navigating challenges in the evolving healthcare landscape, particularly in the U.S. and Europe.
FiscalNote Holdings (NYSE: NOTE) announced a groundbreaking integration with Fireside, enhancing its CRM platform by incorporating AI-powered transcripts and video content from Congressional floor speeches and committee hearings. This innovation, expected in early 2023, aims to streamline communications for legislators and their teams, providing quick access to remarks for effective engagement with constituents. The integration is set to establish a centralized repository for lawmakers' statements, fostering transparency and facilitating timely responses to media coverage.
FiscalNote Holdings, Inc. (NYSE: NOTE) has announced a significant relaunch of its SaaS policy and stakeholder management platform. This upgrade features a complete technology rebuild, offering a modern user interface, integrated news feed from CQ News, and enhanced usability for policy professionals. The platform aims to help organizations navigate the evolving policy landscape efficiently. Key improvements include streamlined searches, customizable workspaces, and new infrastructure for faster future innovations.
FiscalNote Holdings (NYSE: NOTE) announced significant commercial customer agreements, showcasing its growing influence as an AI-driven enterprise SaaS technology provider in policy and market intelligence. The company has secured new contracts and renewals with numerous prominent clients, including Chevron, Boeing, and Amgen. These contracts signal increasing demand for FiscalNote’s services as organizations navigate regulatory challenges and economic complexities. FiscalNote emphasizes its commitment to helping businesses leverage technology to adapt in a rapidly changing environment.
FiscalNote announced a strong third quarter for FY 2022, with revenue growth of 34% year-over-year, totaling $29.1 million. Non-GAAP adjusted revenue increased by 27%. The company reports a GAAP net loss of $109 million due to non-cash items from its public listing. Adjusted EBITDA loss stood at $7.4 million. FiscalNote anticipates 2022 GAAP revenue of $112-$114 million, marking a 36% growth forecast, and aims for positive adjusted EBITDA by Q4 2023. ARR reached $108 million, with net revenue retention at 99%.
FiscalNote Holdings (NYSE: NOTE) is set to report its third-quarter 2022 financial results on November 14, 2022, before the market opens. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss these results, which concluded on September 30, 2022. Interested parties can dial in or access a live webcast through their Investor Relations website. An audio replay will also be available until November 28, 2022.
FiscalNote (NYSE: NOTE) announced upgrades to its EU regulatory intelligence platform, the EU Issue Tracker (EUIT), enhancing its services for global customers. These upgrades include timely briefings on EU policy issues and stakeholder mapping to identify key policymakers. Major brands like Nestle, Intel, and PepsiCo utilize EUIT to navigate EU legislation. The platform combines human intelligence and AI to provide actionable insights, improving customer experience through ongoing product innovations and direct support from policy experts.
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