Snipp Interactive (TSE:SPN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Snipp Interactive Inc. celebrated a record-breaking Fiscal 2023, with annual revenue surging by 24% to $30.55 million, marking the company’s highest to date. Despite a decrease in annual gross margin, Q4 saw a significant improvement, and the company ended the year with a positive EBITDA in the second half and an increased bookings backlog. Snipp remains debt-free, with healthy cash reserves, and is set to discuss its financial growth and future plans in an upcoming investor conference call.
For further insights into TSE:SPN stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “We Are Concerned”: Starbucks Stock (NASDAQ:SBUX) Gains Even as Shareholders Want Starbucks Back to the Table With Unions
- “False Discounts on Window Coverings”: Home Depot Stock (NYSE:HD) Gains Despite New Class Action Lawsuit
- “Holding Them Accountable”: Dollar General Stock (NYSE:DG) Gains Despite New Fine in Colorado