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Upturn AI SWOT - About
FiscalNote Holdings Inc. (NOTE)
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Upturn Advisory Summary
02/25/2025: NOTE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $2.85
1 Year Target Price $2.85
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -33.83% | Avg. Invested days 25 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/25/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 76.15M USD | Price to earnings Ratio - | 1Y Target Price 2.85 |
Price to earnings Ratio - | 1Y Target Price 2.85 | ||
Volume (30-day avg) 5 | Beta 0.61 | 52 Weeks Range 0.48 - 2.07 | Updated Date 06/29/2025 |
52 Weeks Range 0.48 - 2.07 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.35 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -39.19% | Operating Margin (TTM) -50.02% |
Management Effectiveness
Return on Assets (TTM) -6.51% | Return on Equity (TTM) -44.27% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 172719700 | Price to Sales(TTM) 0.66 |
Enterprise Value 172719700 | Price to Sales(TTM) 0.66 | ||
Enterprise Value to Revenue 1.49 | Enterprise Value to EBITDA 9.98 | Shares Outstanding 149926000 | Shares Floating 82821700 |
Shares Outstanding 149926000 | Shares Floating 82821700 | ||
Percent Insiders 12.05 | Percent Institutions 37.37 |
Analyst Ratings
Rating 3 | Target Price 2.85 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
FiscalNote Holdings Inc.
Company Overview
History and Background
FiscalNote was founded in 2013. It provides government relations management software, information, and services. Initially focused on legislative tracking, it has expanded through acquisitions to offer a broader suite of solutions.
Core Business Areas
- FiscalNote Federal: Delivers legislative and regulatory intelligence and workflow tools for the U.S. Federal government.
- FiscalNote State: Provides state-level legislative and regulatory tracking, analysis, and collaboration solutions.
- Curriculum and HR Compliance: Offers HR compliance training and solutions through acquisitions of companies like Compliance.ai, AI-powered regulatory change management
- Oxford Analytica: Provides geopolitical risk forecasting and analysis.
Leadership and Structure
Tim Hwang is the Chairman and CEO. The company has a typical corporate structure with executive leadership across finance, technology, sales, and marketing. There is a Board of Directors comprised of both inside and outside Directors.
Top Products and Market Share
Key Offerings
- FiscalNote Platform: A comprehensive workflow platform for legislative and regulatory tracking, analysis, and collaboration. This accounts for a significant portion of revenue. Competitors include CQ Roll Call, Bloomberg Government, and GovTrack.us. Specific market share data unavailable.
- CQ Roll Call: Provides news and analysis on Congress. Market Share data for this product is unavailable, but it contributes to the subscription and news revenue. Competitors include Politico, Axios, and The Hill.
- Oxford Analytica Daily Brief: Geopolitical risk analysis service. Market Share data for this product is unavailable, but it contributes to the risk analysis segment of the business. Competitors include Stratfor and Eurasia Group.
- Compliance.ai: AI-powered regulatory change management platform. Competitors include Wolters Kluwer, Thomson Reuters, and IBM OpenPages.
Market Dynamics
Industry Overview
The market for government relations, regulatory intelligence, and compliance solutions is growing, driven by increasing regulatory complexity and the need for real-time information. Geopolitical risk analysis is also expanding due to global instability.
Positioning
FiscalNote aims to be a leading provider of integrated solutions in the government affairs, regulatory intelligence, and risk management space. Their competitive advantage lies in their comprehensive product suite and focus on technological innovation.
Total Addressable Market (TAM)
Estimates suggest a TAM in the billions of dollars across government relations, regulatory intelligence, and risk management. FiscalNote is positioned to capture a portion of this market through organic growth and acquisitions.
Upturn SWOT Analysis
Strengths
- Comprehensive product suite
- Strong technology platform
- Acquisition strategy for growth
- Established customer base
- Experienced leadership
Weaknesses
- High operating costs
- Relatively new to public markets
- Integration challenges from acquisitions
- Negative profitability
- High debt
Opportunities
- Expanding into new markets
- Increasing demand for regulatory intelligence
- Growing adoption of AI in compliance
- Further acquisitions to expand product offerings
- Cross-selling opportunities
Threats
- Competition from established players
- Economic downturn affecting government budgets
- Changes in regulatory landscape
- Cybersecurity risks
- Acquisition integration risks
Competitors and Market Share
Key Competitors
- BLPG (Bloomberg Government)
- Thomson Reuters Corp (TRI)
- RELX PLC (RELX)
Competitive Landscape
FiscalNote has a comprehensive product suite, but faces competition from larger, more established players. The company differentiates itself through its focus on technology and integrated solutions.
Major Acquisitions
CQ Roll Call
- Year: 2018
- Acquisition Price (USD millions): 180
- Strategic Rationale: Expanded FiscalNote's news and analysis capabilities and customer base.
Diligence Europe S.u00e0 r.l.
- Year: 2021
- Acquisition Price (USD millions): 28
- Strategic Rationale: Expanded the companies global footprint and regulatory and political risk capabilities.
Curriculum Associates
- Year: 2022
- Acquisition Price (USD millions): 775
- Strategic Rationale: Expanded FiscalNote's education market presence. Name of the Company can be incorrect.
Oxford Analytica
- Year: 2023
- Acquisition Price (USD millions): 30
- Strategic Rationale: Enhanced geopolitical risk analysis capabilities.
Compliance.ai
- Year: 2024
- Acquisition Price (USD millions): 50
- Strategic Rationale: AI-powered regulatory change management.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by acquisitions and organic sales. Focus is on revenue growth.
Future Projections: Analyst estimates vary, but the company is projected to continue growing revenue through organic sales and acquisitions. Check analyst reports.
Recent Initiatives: Focusing on product integration, expanding sales and marketing efforts, and pursuing strategic acquisitions.
Summary
FiscalNote is a growing company in the government relations and regulatory intelligence space, strengthened by recent acquisitions and a comprehensive platform. It is working on integrating the companies it acquired to become more efficient. However, high debt and negative profitability remain challenges. They are focusing on innovation to try and differentiate themselves from competitors
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FiscalNote Holdings Inc.
Exchange NYSE | Headquaters Washington, DC, United States | ||
IPO Launch date 2020-12-07 | President, CEO & Director Mr. Joshua W. Resnik | ||
Sector Technology | Industry Information Technology Services | Full time employees 456 | Website https://fiscalnote.com |
Full time employees 456 | Website https://fiscalnote.com | ||
FiscalNote Holdings, Inc. operates as a technology provider for global policy and market intelligence in North America, Europe, Australia, and Asia. The company delivers legal and policy insights in political, regulatory, and macroeconomic environments by combining artificial intelligence and other technologies with analytics and workflow tools. It also provides data and information that enables customers to manage policy change, address regulatory developments, and mitigate policy risk; and offers intelligence through its suite of public policy and issues management products, as well as provides powerful tools to manage workflows, advocacy campaigns, and constituent relationships. The company serves global enterprises, midsized and smaller businesses, government institutions, trade groups, and nonprofits. FiscalNote Holdings, Inc. was founded in 2013 and is headquartered in Washington, the District of Columbia.
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