← Back to Screener
US Stock Screener
HomeScreensNewsWatchlist
...

FiscalNote Holdings, Inc. (NOTE) 10-Year Financial Performance & Capital Metrics

NOTE • • Industrial / General
TechnologyIT ServicesResearch & Advisory ServicesTechnology Research & Intelligence
AboutFiscalNote Holdings Inc. operates as technology and data company that delivers critical legal data and insights worldwide. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. The company is headquartered in Washington, District of Columbia.Show more
  • Revenue $120M -9.3%
  • EBITDA -$12M +82.5%
  • Net Income $10M +108.2%
  • EPS (Diluted) 0.83 +107.9%
  • Gross Margin 63.28% +12.6%
  • EBITDA Margin -10.04% +80.7%
  • Operating Margin -26.56% +64.0%
  • Net Margin 7.91% +109.1%
  • ROE 13.47% +111.0%
  • ROIC -9.2% +64.8%
  • Debt/Equity 1.77 -69.5%
  • Interest Coverage -1.35 +58.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 12.8%
  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 2 (bottom 2%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-
5Y12.8%
3Y13.2%
TTM-17.9%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-100.23%

EPS CAGR

10Y-
5Y-
3Y-
TTM59.62%

ROCE

10Y Avg-18.98%
5Y Avg-19.81%
3Y Avg-21.96%
Latest-11.02%

Peer Comparison

Technology Research & Intelligence
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
IIIInformation Services Group, Inc.291.14M6.08101.33-14.94%4.05%10.32%5.85%0.67
HCKTThe Hackett Group, Inc.511.77M20.3919.425.82%3.54%10.74%8.53%0.14
ITGartner, Inc.16.61B230.3814.406.1%13.71%159.13%8.33%2.13
NOTEFiscalNote Holdings, Inc.24.78M1.651.99-9.33%-54.31%-73.85%1.77
CLVTClarivate Plc2.13B3.22-3.35-2.74%-15.83%-8.08%16.79%0.89
NIQNIQ Global Intelligence Plc5.16B17.49-5.2818.89%-11.24%-106.47%8.89

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+65.87M65.16M82.91M113.77M132.65M120.27M
Revenue Growth %--0.01%0.27%0.37%0.17%-0.09%
Cost of Goods Sold+13.19M26.92M36.44M47.89M58.12M44.17M
COGS % of Revenue0.2%0.41%0.44%0.42%0.44%0.37%
Gross Profit+52.68M38.23M46.48M65.87M74.53M76.1M
Gross Margin %0.8%0.59%0.56%0.58%0.56%0.63%
Gross Profit Growth %--0.27%0.22%0.42%0.13%0.02%
Operating Expenses+81.8M67.2M102.06M154.06M172.26M108.04M
OpEx % of Revenue1.24%1.03%1.23%1.35%1.3%0.9%
Selling, General & Admin59.69M42.3M63.98M120.48M111.27M85.29M
SG&A % of Revenue0.91%0.65%0.77%1.06%0.84%0.71%
Research & Development14.81M15.12M24.02M20.74M18.19M12.83M
R&D % of Revenue0.22%0.23%0.29%0.18%0.14%0.11%
Other Operating Expenses7.3M9.78M14.06M12.85M42.81M9.92M
Operating Income+-29.13M-28.97M-55.58M-88.19M-97.74M-31.94M
Operating Margin %-0.44%-0.44%-0.67%-0.78%-0.74%-0.27%
Operating Income Growth %-0.01%-0.92%-0.59%-0.11%0.67%
EBITDA+-17.61M-17.46M-39.2M-67.41M-69.02M-12.07M
EBITDA Margin %-0.27%-0.27%-0.47%-0.59%-0.52%-0.1%
EBITDA Growth %-0.01%-1.25%-0.72%-0.02%0.83%
D&A (Non-Cash Add-back)11.52M11.51M16.38M20.78M28.72M19.87M
EBIT-29.15M-20.8M-52.51M-125.77M-85.3M33.64M
Net Interest Income+-22.94M-31.83M-64.8M-95.74M-29.94M-23.59M
Interest Income000000
Interest Expense22.94M31.83M64.8M95.74M29.94M23.59M
Other Income/Expense-22.97M-23.74M-61.73M-133.32M-17.5M41.99M
Pretax Income+-52.09M-52.71M-117.31M-221.51M-115.24M10.05M
Pretax Margin %-0.79%-0.81%-1.41%-1.95%-0.87%0.08%
Income Tax+-18.82M-1.44M-7.89M-3.25M223K536K
Effective Tax Rate %0.64%0.97%0.93%0.99%1%0.95%
Net Income+-33.27M-51.27M-109.42M-218.26M-115.46M9.52M
Net Margin %-0.51%-0.79%-1.32%-1.92%-0.87%0.08%
Net Income Growth %--0.54%-1.13%-0.99%0.47%1.08%
Net Income (Continuing)-33.34M-51.27M-109.42M-218.26M-115.46M9.52M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-3.12-0.64-28.44-44.16-10.560.83
EPS Growth %-0.79%-43.44%-0.55%0.76%1.08%
EPS (Basic)-3.12-0.64-28.44-44.16-10.560.83
Diluted Shares Outstanding10.77M129.74M10.77M5.52M10.91M11.39M
Basic Shares Outstanding10.77M129.74M10.77M5.52M10.91M11.39M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+19.82M56.27M54.3M86M49.8M57.19M
Cash & Short-Term Investments6.28M44.23M32.17M60.39M23.59M34.61M
Cash Only6.28M44.23M32.17M60.39M16.45M28.81M
Short-Term Investments00007.13M5.8M
Accounts Receivable9.93M6.39M11.17M14.91M18.11M13.46M
Days Sales Outstanding55.0335.7949.1947.8349.8440.87
Inventory000000
Days Inventory Outstanding------
Other Current Assets792K2.92M9.15M6.39M5.51M6.56M
Total Non-Current Assets+223.3M223.84M324.19M347.15M320.76M269.01M
Property, Plant & Equipment8.72M8.14M7.51M28.33M23.92M20.67M
Fixed Asset Turnover7.55x8.00x11.04x4.02x5.54x5.82x
Goodwill120.57M120.67M188.77M194.36M187.7M159.06M
Intangible Assets93.92M93.22M125.21M120.04M104.24M85.98M
Long-Term Investments87K00000
Other Non-Current Assets01.8M2.71M4.42M4.89M3.3M
Total Assets+243.12M280.11M378.49M433.16M370.56M326.2M
Asset Turnover0.27x0.23x0.22x0.26x0.36x0.37x
Asset Growth %-0.15%0.35%0.14%-0.14%-0.12%
Total Current Liabilities+46.5M35.15M69.47M62.11M65.65M51.25M
Accounts Payable4.07M2.91M15.8M13.74M12.91M8.46M
Days Payables Outstanding112.7139.46158.24104.7181.0769.93
Short-Term Debt15.37M3.25M13.57M68K105K36K
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities3.15M4.3M6.97M2.77M6.04M4.12M
Current Ratio0.43x1.60x0.78x1.38x0.76x1.12x
Quick Ratio0.43x1.60x0.78x1.38x0.76x1.12x
Cash Conversion Cycle------
Total Non-Current Liabilities+178.98M237.22M341.86M226.35M261.45M177.11M
Long-Term Debt155.43M211.97M317.61M161.98M222.31M147.04M
Capital Lease Obligations002.09M29.11M26.16M22.49M
Deferred Tax Liabilities6.76M6.96M3.48M714K2.18M1.93M
Other Non-Current Liabilities16M17.63M18.14M33.63M9.93M5.43M
Total Liabilities225.48M272.37M411.33M288.47M327.1M228.37M
Total Debt+170.79M215.22M333.27M197.87M251.64M172.95M
Net Debt164.51M170.99M301.1M137.48M235.19M144.14M
Debt / Equity9.68x27.83x-1.37x5.79x1.77x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-1.27x-0.91x-0.86x-0.92x-3.26x-1.35x
Total Equity+17.64M7.73M-32.83M144.69M43.46M97.83M
Equity Growth %--0.56%-5.25%5.41%-0.7%1.25%
Book Value per Share1.640.06-3.0526.213.988.59
Total Shareholders' Equity17.64M7.73M-32.83M144.69M43.46M97.83M
Common Stock00013K12K15K
Retained Earnings-189.18M-236.97M-481.41M-700.74M-816.42M-806.9M
Treasury Stock000000
Accumulated OCI-154K-63K-631K-785K-622K4.79M
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-16.9M-17.17M-37.05M-72.63M-35.49M-5.3M
Operating CF Margin %-0.26%-0.26%-0.45%-0.64%-0.27%-0.04%
Operating CF Growth %--0.02%-1.16%-0.96%0.51%0.85%
Net Income-33.34M-51.27M-109.42M-218.26M-115.46M9.52M
Depreciation & Amortization11.52M11.51M16.38M11.69M28.72M19.87M
Stock-Based Compensation537K1M1.01M38.05M27.06M17.95M
Deferred Taxes-19.62M-2.29M-6.63M-3.08M72K-162K
Other Non-Cash Items16.93M20.72M62.46M116.08M34.3M-48.6M
Working Capital Changes7.06M3.16M-848K-17.1M-10.18M-3.87M
Change in Receivables-1.07M1.5M-3.13M-3.94M-287K1.84M
Change in Inventory2.83M00000
Change in Payables1.09M-1.67M0-2.11M-6.43M-1.11M
Cash from Investing+-3.15M-5.49M-49.2M-10.24M-20.32M89.17M
Capital Expenditures-2.99M-5.49M-5.57M-11.37M-7.94M-8.88M
CapEx % of Revenue0.05%0.08%0.07%0.1%0.06%0.07%
Acquisitions------
Investments------
Other Investing000000
Cash from Financing+23.59M60.68M74.31M111.53M12.08M-71.43M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing-286K247K516K134.71M0-7.4M
Net Change in Cash------
Free Cash Flow+-19.89M-22.66M-42.62M-83.99M-43.43M-14.18M
FCF Margin %-0.3%-0.35%-0.51%-0.74%-0.33%-0.12%
FCF Growth %--0.14%-0.88%-0.97%0.48%0.67%
FCF per Share-1.85-0.17-3.96-15.21-3.98-1.24
FCF Conversion (FCF/Net Income)0.51x0.33x0.34x0.33x0.31x-0.56x
Interest Paid8.57M9.04M4.65M35.16M20.68M14.73M
Taxes Paid350K54K233K55K55K274K

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-188.59%-404.15%--390.25%-122.73%13.47%
Return on Invested Capital (ROIC)-11.99%-12.04%-18.65%-24.03%-26.14%-9.2%
Gross Margin79.97%58.68%56.05%57.9%56.18%63.28%
Net Margin-50.51%-78.69%-131.97%-191.85%-87.05%7.91%
Debt / Equity9.68x27.83x-1.37x5.79x1.77x
Interest Coverage-1.27x-0.91x-0.86x-0.92x-3.26x-1.35x
FCF Conversion0.51x0.33x0.34x0.33x0.31x-0.56x
Revenue Growth--1.08%27.25%37.21%16.6%-9.33%

Revenue by Segment

202220232024
Subscription100.52M119.08M111.07M
Subscription Growth-18.46%-6.73%
Advisory4.91M5.46M4.64M
Advisory Growth-11.01%-14.94%
Other Revenue4.89M5.31M2.64M
Other Revenue Growth-8.59%-50.34%
Advertising2.7M1.63M1.68M
Advertising Growth--39.62%3.13%
Books736K1.17M233K
Books Growth-58.42%-80.02%

Revenue by Geography

202220232024
North America98.95M107.11M95.5M
North America Growth-8.24%-10.83%
Europe10.07M19.75M21.79M
Europe Growth-96.08%10.34%
Asia3.62M4.59M1.7M
Asia Growth-26.93%-63.11%
AUSTRALIA1.12M1.19M1.28M
AUSTRALIA Growth-6.33%6.96%

Frequently Asked Questions

Valuation & Price

FiscalNote Holdings, Inc. (NOTE) has a price-to-earnings (P/E) ratio of 2.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

FiscalNote Holdings, Inc. (NOTE) reported $102.7M in revenue for fiscal year 2024. This represents a 56% increase from $65.9M in 2019.

FiscalNote Holdings, Inc. (NOTE) saw revenue decline by 9.3% over the past year.

FiscalNote Holdings, Inc. (NOTE) reported a net loss of $55.8M for fiscal year 2024.

Dividend & Returns

FiscalNote Holdings, Inc. (NOTE) has a return on equity (ROE) of 13.5%. This is reasonable for most industries.

FiscalNote Holdings, Inc. (NOTE) had negative free cash flow of $20.1M in fiscal year 2024, likely due to heavy capital investments.

VCP Scanner

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screens
  • Valuation
  • Compare
  • Total Return
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Twitter
  • Get Early Access
© 2026 VCP Scanner. All rights reserved.
Made with ❤️ for investors
Not financial advice. Do your own research.