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Snipp Interactive ( (TSE:SPN) ) has issued an announcement.
Snipp Interactive has secured a US$3 million contract from an existing marquee pet care client, the largest in the company’s history, to expand an AI-powered, receipt-based loyalty program that is already delivering strong consumer engagement and verified purchase results. The deal, to be recognized through 2027, deepens the use of Snipp’s receipt processing, data analytics, and CORRAL anti-fraud technology, reinforcing its position as a trusted partner for enterprise-scale, data-driven loyalty programs and highlighting growing demand for its AI-driven shopper insights.
The expanded loyalty initiative allows consumers to upload receipts to earn rewards on pet care purchases while providing the brand with granular basket-level data, including product transcription, brand identification, and category analysis. By tying consumer engagement directly to verified sales and richer first-party data, the contract underscores the strategic value of Snipp’s platform for major brands seeking measurable business outcomes and enhanced fraud protection in their loyalty and promotions efforts.
The most recent analyst rating on (TSE:SPN) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Snipp Interactive stock, see the TSE:SPN Stock Forecast page.
Spark’s Take on SPN Stock
According to Spark, TipRanks’ AI Analyst, SPN is a Neutral.
The score is held back primarily by weak and inconsistent profitability with negative free cash flow, despite improving revenue and a sharp gross margin step-up. Technicals are mildly bearish (below key longer-term moving averages with negative MACD), and valuation signals elevated risk due to losses and no stated dividend yield.
To see Spark’s full report on SPN stock, click here.
More about Snipp Interactive
Snipp Interactive Inc. is a Vancouver-based, AI-powered technology provider focused on the global loyalty and promotions sector. The company offers a modular SaaS platform for shopper marketing promotions, loyalty programs, and purchase validation, serving Fortune 500 brands and agencies across North America, Europe, and India with retailer-agnostic receipt and transaction validation capabilities.
Average Trading Volume: 191,666
Technical Sentiment Signal: Hold
Current Market Cap: C$15.11M
See more data about SPN stock on TipRanks’ Stock Analysis page.