Snipp Interactive Secures $1.3 Million Contract Extension for Loyalty Programs

Snipp Interactive ( (TSE:SPN) ) just unveiled an announcement.

Snipp Interactive has secured a US$1.3 million contract to extend its loyalty program services for a leading FMCG company in the U.S. until September 2028. This contract renewal underscores Snipp’s growing influence in the CPG and FMCG sectors, as it continues to provide scalable and secure loyalty solutions that enhance consumer engagement. The company’s SnippLoyalty platform integrates seamlessly with the client’s digital ecosystem, offering robust backend support and AI-powered fraud detection, which further solidifies its position as a trusted partner in the industry.

Spark’s Take on TSE:SPN Stock

According to Spark, TipRanks’ AI Analyst, TSE:SPN is a Neutral.

The overall stock score reflects mixed financial performance, with moderate stability in the balance sheet and improvements in cash flow. Technical analysis shows neutral momentum, but valuation concerns due to negative earnings and lack of dividends weigh heavily. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on TSE:SPN stock, click here.

More about Snipp Interactive

Snipp Interactive Inc. is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. It offers a proprietary and modular platform, SnippCARE, which supports Fortune 500 clients and world-class agencies in running loyalty programs and promotions. The company is known for its SnippCHECK module, which powers receipt-based promotions in North America, and SnippLOYALTY, a modular loyalty engine. Snipp is headquartered in Vancouver, Canada, with a presence in the United States, Canada, Ireland, Europe, and India.

Average Trading Volume: 208,820

Technical Sentiment Signal: Sell

Current Market Cap: C$15.74M

Learn more about SPN stock on TipRanks’ Stock Analysis page.