Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
WASHINGTON - FiscalNote Holdings, Inc. (NYSE: NOTE), a provider of AI-driven policy and regulatory intelligence solutions currently valued at $108.14 million, announced the appointment of Greg Alexander as Vice President of Engineering and Gerry Campbell as Strategic Advisor for Technology Acceleration. This move aims to bolster the company’s product-led growth strategy and enhance its AI and policy data capabilities. According to InvestingPro data, the company maintains impressive gross profit margins of nearly 79%, highlighting its operational efficiency in the technology sector.
Greg Alexander, with over 15 years of experience in AI and software development, is known for his role in developing CoCounsel, an AI solution for legal professionals. At FiscalNote, Alexander will be instrumental in refining technical strategy and propelling the company’s AI-driven policy solutions.
Gerry Campbell brings over three decades of technology executive experience, including significant roles at AOL and Reuters. As Strategic Advisor for Technology Acceleration, Campbell will guide FiscalNote through technology transitions and strategic growth, leveraging his expertise in market creation and value delivery.
FiscalNote’s CEO and President, Josh Resnik, expressed confidence that the leadership of Alexander and Campbell will sharpen the company’s technical edge and drive innovation, setting the stage for long-term growth and enhanced customer value.
The company, which has been operational since 2013, is known for combining proprietary AI technology with comprehensive data to help customers manage political and business risks. While FiscalNote’s suite of solutions, including PolicyNote, CQ, Roll Call, and VoterVoice, supports clients globally from its offices in North America, Europe, Asia, and Australia, InvestingPro analysis indicates the company faces challenges with its debt burden and interest payments. However, trading at a P/E ratio of 11.43, the stock appears attractively valued relative to its near-term earnings growth potential.
This executive team expansion underscores FiscalNote’s dedication to attracting top talent and fostering a culture of innovation, aiming to deliver advanced technology solutions that enable organizations to navigate complex policy environments effectively. Currently trading at $0.67 per share, InvestingPro analysis suggests the stock is undervalued, with 15+ additional ProTips and a comprehensive Pro Research Report available for deeper insight into the company’s financial health and growth prospects.
The information for this article is based on a press release statement.
In other recent news, FiscalNote Holdings reported its fourth-quarter 2024 earnings, revealing a loss that was larger than expected and revenue that fell short of forecasts. The company posted an earnings per share loss of $0.10, missing the consensus estimate of a $0.08 loss, with revenue coming in at $27.06 million compared to the anticipated $30.59 million. Despite these figures, FiscalNote achieved its first full year of positive adjusted EBITDA at $9.8 million and reduced operating expenses by 24% in the fourth quarter. Additionally, FiscalNote has completed the sale of its Global Intelligence businesses, Oxford Analytica and Dragonfly, to Dow Jones for $40 million, using the proceeds to significantly reduce its senior term debt. The company also announced the launch of its EU Defense and Space Policy vertical, aimed at providing insights into the European Union’s changing defense and space policies. Furthermore, FiscalNote has amended its financial agreements, extending the maturity date of its Subordinated Convertible Promissory Notes and offering an option for equity conversion. These developments are part of FiscalNote’s broader strategy to focus on its core policy customer base and improve financial flexibility.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.