u/Personal_Pride_2238

Came across GPO Plus (GPOX) while digging through small cap filings. They dropped their 10-Q for the nine months ended January 31, 2026.

Quick numbers. Revenue up 12% to $4.07 million from $3.63 million last year. Gross profit jumped 28% to $1.07 million with margin improving from 23% to 26%. So the top line is growing and they're keeping more of each sale.

The catch. Operating expenses rose 21% to $2.56 million. Net loss widened to $2.02 million from $1.58 million. Interest expense also jumped to $531k from $309k.

Looking at just the most recent quarter, revenue dipped 2% to $1.20 million. Company said inventory availability was the issue. Net loss for the quarter was $748k versus $409k last year.

They're in product development, manufacturing, and distribution. Main focus is direct store delivery to gas stations and convenience stores. They also run HealthGPO, a group purchasing organization for healthcare. Only 17 employees.

They've been rolling out a "White Glove" delivery service with new point of sale displays. Goal is to get each hub servicing 100 to 150 retail locations. They've also got a proprietary AI platform called PRISM+ for logistics and inventory management.

Revenue growing, margins improving, but losses are widening as they spend to scale. Classic small cap story. The inventory issue in Q3 is worth watching.

Anyone else looked at this one? Curious what people think about the direct store delivery model.

This is not financial advice!!! It’s important to do your own DD before making any investment decisions. - 1, 2, 3

Giftify ($GIFT) is one of those micro-caps that quietly moves a lot of money. Finally dug into their numbers and figured I'd share what I found.

They run three platforms. CardCash is a secondary gift card exchange where people buy and sell discounted cards from over 1,100 retailers. Their dining deals platform has 7.8 million customers and 184,000 restaurants. Takeout7 is their restaurant tech arm, acquired last year.

Market cap is around $32 million. Shares outstanding about 33.6 million. Small company, but the platforms they run are used by millions of Americans.

Gross billings, which is the total dollars moving through their marketplaces, hit $154.7 million in 2025. Up 27% from last year. So the transaction volume is real and growing.

Gross margin expanded from 14.8% to 18.6%. That's 380 basis points of improvement in one year. They're scaling without burning money on inefficiency.

Net loss improved 44% year over year, from $18.8 million to $10.5 million. Still losing money, but the trend is in the right direction. Modified EBITDA went from negative $2.8 million to negative $1.0 million.

U.S. gift card market is projected to hit $400 billion. CardCash sits right in that lane. And on the dining side, B2B accounted for about 85% of their dining platform's gross revenue last year. So they're not just selling deals to consumers.

They've been quietly deploying AI across their platforms. In March they announced AI-driven development that lets their 42-person tech team operate like a much larger organization. For a company moving $154 million in transactions with that headcount, operational leverage matters.

Looking at the chart, the stock recently broke below support around $0.85 to $0.90 then reclaimed it. Currently trading around $0.86. The kind of reclaim that catches swing trader attention if it holds.

Still burning cash. Small cap volatility. They're competing in crowded spaces. But the numbers show a business that's actually growing transaction volume while tightening operations.

Anyone else following this one? Curious if anyone has used CardCash or their dining site recently and noticed anything different.

Disclaimer - This is not financial advice, please do your own research - 1, 2, 3

EDIT: "Transaction Momentum". Idk why it cut that off in my title.