Snipp Interactive (TSE:SPN) has released an update.
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Snipp Interactive Inc. reports a 33% revenue decrease in H1 2024 compared to H1 2023, due to the end of a significant contract, with a similar 36% drop in Q2 2024. Despite the revenue decline, the company has seen a substantial increase in gross margin and an improvement in EBITDA, alongside a 23% increase in bookings backlog.
For further insights into TSE:SPN stock, check out TipRanks’ Stock Analysis page.