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Upturn AI SWOT - About
FiscalNote Holdings Inc. (NOTE)
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Upturn Advisory Summary
08/28/2025: NOTE (1-star) is currently NOT-A-BUY. Pass it for now.
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
Limited analyst coverage, niche firm, research info may be scarce.
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 -35.35% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 72.50M 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 0.58 | 52 Weeks Range 0.40 - 2.03 | Updated Date 08/29/2025 |
52 Weeks Range 0.40 - 2.03 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.32 |
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 2025-08-07 | When - | Estimate -0.06 | Actual -0.08 |
Profitability
Profit Margin -41.79% | Operating Margin (TTM) -31.93% |
Management Effectiveness
Return on Assets (TTM) -6.64% | Return on Equity (TTM) -45.39% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 174942200 | Price to Sales(TTM) 0.66 |
Enterprise Value 174942200 | Price to Sales(TTM) 0.66 | ||
Enterprise Value to Revenue 1.59 | Enterprise Value to EBITDA 9.98 | Shares Outstanding 163908992 | Shares Floating 96004946 |
Shares Outstanding 163908992 | Shares Floating 96004946 | ||
Percent Insiders 9.01 | Percent Institutions 31.26 |
Upturn AI SWOT
FiscalNote Holdings Inc.
Company Overview
History and Background
FiscalNote Holdings Inc. was founded in 2013. It went public in 2022 via a SPAC merger. The company has grown through acquisitions and focuses on providing legal and political intelligence.
Core Business Areas
- FiscalNote: Offers a platform that provides legal, political, and regulatory intelligence and workflow tools.
- CQ Federal: Provides news, analysis, and legislative tracking services focused on the U.S. Congress.
- FrontierView: Offers macroeconomic and geopolitical intelligence for emerging markets.
- Oxford Analytica: Provides geopolitical strategic insights and analysis.
Leadership and Structure
Tim Hwang is the Chairman and CEO. The company operates with a standard corporate structure.
Top Products and Market Share
Key Offerings
- FiscalNote Platform: A comprehensive platform offering legislative tracking, regulatory monitoring, and policy analysis. The market share is not publicly disclosed with great precision, but it's estimated to be around 25% of the broader government affairs software market. Competitors include Quorum, GovTrack.us, and Bloomberg Government.
- CQ Roll Call: Provides congressional news and analysis. Revenue data is not publicly segmented, but it remains a key revenue stream. Competitors include Politico, The Hill, and Axios.
- FrontierView: Offers political risk analysis and market intelligence. Revenue data is not publicly segmented. Competitors include BMI Research, and Verisk Maplecroft.
Market Dynamics
Industry Overview
The market involves government affairs software, political intelligence, and regulatory compliance tools. It is growing, driven by increasing regulation and the need for organizations to track and influence policy.
Positioning
FiscalNote is positioned as a leading provider of integrated solutions for government affairs and political intelligence. It aims to be a comprehensive platform offering a wide range of services.
Total Addressable Market (TAM)
The TAM is estimated at over $30 billion, encompassing government technology, regulatory compliance, and political intelligence. FiscalNote is well positioned to capture a significant portion of this market through its integrated offerings.
Upturn SWOT Analysis
Strengths
- Comprehensive Platform
- Diverse Product Portfolio
- Strong Brand Recognition
- Extensive Data Coverage
Weaknesses
- High Debt Load
- Net losses
- Complex Integration of Acquisitions
- Reliance on Acquisitions for Growth
Opportunities
- Expansion into New Geographies
- Increased Demand for Regulatory Compliance
- Growing Market for Political Intelligence
- Strategic Partnerships
Threats
- Intense Competition
- Economic Downturns
- Changes in Government Regulations
- Data Security Risks
Competitors and Market Share
Key Competitors
- BLMG
- TR
- RELX
Competitive Landscape
FiscalNote faces intense competition from larger, more established players. Its strength lies in its integrated platform and focus on government affairs.
Major Acquisitions
CQ Roll Call
- Year: 2018
- Acquisition Price (USD millions): 180
- Strategic Rationale: Expanded FiscalNote's news and analysis offerings, providing deeper insights into the U.S. Congress.
FrontierView
- Year: 2021
- Acquisition Price (USD millions): 150
- Strategic Rationale: Enhanced FiscalNote's global political and economic intelligence capabilities.
Growth Trajectory and Initiatives
Historical Growth: FiscalNote has grown rapidly through acquisitions and organic growth in its core businesses. Growth rate is slowing.
Future Projections: Analysts predict continued revenue growth but uncertainty remains about achieving profitability.
Recent Initiatives: Focus on integrating acquired companies and expanding into new markets.
Summary
FiscalNote is a growing company with a comprehensive platform for government affairs and political intelligence, but it's burdened by debt and net losses. Its strengths include its diverse product portfolio and strong brand. It needs to focus on profitability and careful integration of acquisitions, while competing with big competitors, but must watch out for a potential economic downturn.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Market Research Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is not financial advice. Market conditions are subject to change.
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 439 | Website https://fiscalnote.com |
Full time employees 439 | 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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