Snipp Interactive (SPN) AI Stock Analysis

• Market Cap: C$20.03M
• Dividend Yield: N/A
• Average Volume (3M): 59.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: -18.13%
• EPS Growth: 60.10%
• Country: CA
• Employees: 130
• Sector: Technology
• Sector Strength: 86
• Industry: Advertising Agencies
• EPS (TTM): N/A
• Shares Outstanding: 286,113,830
• 10 Day Avg. Volume: 72,507
• 30 Day Avg. Volume: 59,335
• PEG Ratio: 0.11
• Price to Book (P/B): 2.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -28.86
• Enterprise Value/Market Cap: 0.13
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.34
• Enterprise Value/Ebitda: -0.41
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: ―

Snipp Interactive's overall stock score reflects significant challenges in financial performance due to declining revenue and profitability issues. While the earnings call provided some optimism with record EBITDA and improved margins, technical indicators and valuation metrics remain weak. The stock's attractiveness is limited by ongoing net losses and a lack of dividend yield, suggesting cautious investor sentiment.

Snipp Interactive Business Overview & Revenue Model

Company Description

Snipp Interactive (SPN) is a global provider of digital marketing promotions, rebates, and loyalty solutions. The company operates primarily in the marketing and advertising sectors, offering a suite of products including mobile marketing, loyalty programs, and customer engagement solutions. Snipp Interactive serves a range of industries, helping brands engage with their consumers through innovative technology-driven solutions.

How the Company Makes Money

Snipp Interactive makes money through a combination of service fees and subscription-based revenue models. The company charges clients for the implementation and management of digital marketing campaigns, which include promotions, contests, and loyalty programs. Additionally, it generates revenue from its software-as-a-service (SaaS) platforms, where clients pay subscription fees to access Snipp's suite of marketing and engagement tools. Significant partnerships with brands and agencies also contribute to its earnings, as these collaborations expand the reach and adoption of its services. The company's ability to deliver measurable marketing results and enhance customer engagement helps in retaining clients and driving recurring revenue.

Snipp Interactive Financial Statement Overview

Summary

Snipp Interactive faces hurdles in revenue growth and profitability, with operational inefficiencies impacting the income statement. The balance sheet shows reasonable leverage and liquidity, but declining equity and cash reserves pose risks. Cash flow management reflects operational resilience but requires attention to improve free cash flow. Strategic improvements in operational efficiency and cost management are crucial for future growth and stability.

Income Statement

Snipp Interactive has shown volatility in its revenue and profitability. The TTM (Trailing-Twelve-Months) revenue of $24 million is a decline from the previous annual figure of $30.5 million, indicating a revenue contraction. Both gross profit margin (32.5%) and net profit margin (-6.8%) suggest challenges in maintaining profitability, further highlighted by negative EBIT and EBITDA margins. While there are signs of operational inefficiencies, the company has managed to achieve gross profitability.

Balance Sheet

The balance sheet presents a mixed view. The debt-to-equity ratio is low at 0.08, indicating conservative leverage, yet the return on equity is negative, reflecting operational losses. Equity ratio stands at 39%, showing a reasonable buffer against liabilities. The company's cash reserves provide liquidity but have declined over the past year, indicating potential pressure on financial stability.

Cash Flow

Snipp Interactive's cash flow metrics depict a challenging scenario with a negative free cash flow in the TTM period, despite positive operating cash flow. The operating cash flow to net income ratio is positive, suggesting operational efficiency; however, the free cash flow to net income ratio is negative, highlighting concerns over capital expenditure management.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	24.03M	30.55M	24.66M	15.28M	8.69M	8.64M
Gross Profit	7.82M	591.87K	2.51M	3.07M	1.17M	383.37K
EBITDA	-668.53K	-2.27M	-827.47K	1.03M	327.43K	-1.21M
Net Income	-1.62M	-3.38M	-1.39M	2.13M	-1.32M	-7.02M
Balance Sheet
Total Assets	15.82M	13.43M	15.50M	7.45M	6.27M	6.78M
Cash, Cash Equivalents and Short-Term Investments	4.62M	4.14M	5.55M	1.74M	1.92M	848.72K
Total Debt	503.45K	526.53K	0.00	0.00	294.40K	0.00
Total Liabilities	9.65M	7.00M	6.16M	3.89M	4.79M	4.37M
Stockholders Equity	6.17M	6.43M	9.34M	3.56M	1.48M	2.41M
Cash Flow
Free Cash Flow	-74.14K	-2.69M	-868.81K	224.64K	695.21K	-686.06K
Operating Cash Flow	1.19M	-1.40M	19.33K	1.02M	1.47M	187.92K
Investing Cash Flow	-1.27M	-1.29M	-877.81K	-1.10M	-777.72K	-873.98K
Financing Cash Flow	261.01K	-14.84K	5.07M	19.63K	294.40K	0.00

Snipp Interactive Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPN, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 52.86 is Neutral, neither overbought nor oversold. The STOCH value of -16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPN.

Snipp Interactive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KXS	74 Outperform	C$5.69B	407.58	2.32%	―	15.14%	-31.45%
DCBO	74 Outperform	$1.14B	36.42	41.12%	―	20.52%	246.69%
ENGH	73 Outperform	$1.27B	16.19	13.26%	7.17%	5.12%	-2.77%
QUIS	54 Neutral	$155.20M	―	-4.68%	―	-34.91%	-1331.88%
Sector *	49 Neutral	C$2.90B	2.14	-80.91%	2.95%	6.62%	-18.96%
SPN	49 Neutral	C$20.03M	―	-0.29%	―	-18.13%	60.10%

Snipp Interactive Corporate Events

Snipp Interactive Secures $1M+ Contract with Global Health Brand

Snipp Interactive has secured a three-year contract worth over $1 million with a leading global health and hygiene products company, showcasing its successful ‘land and expand’ strategy. This agreement highlights Snipp’s ability to provide scalable solutions that enhance customer engagement and profitability, reinforcing its market position and trust among global consumer brands.

Snipp Interactive Secures $1.2M Contract for Financial Media Network

Snipp Interactive has secured a significant $1.2 million contract for its financial media network, SnippMEDIA, with a major global food and beverage company. This agreement marks a milestone for SnippMEDIA and highlights Snipp’s growing influence in consumer engagement within the financial media sector. The platform’s ability to deliver AI-powered, targeted promotions is expected to further expand its reach and attract more enterprise clients, strengthening Snipp’s industry position and facilitating growth in the loyalty and promotions marketplace.

Snipp Interactive Featured in Forbes 2025 Predictions

Snipp Interactive has been recognized in Forbes’ 2025 Customer Experience Predictions, highlighting the company’s innovative leadership in loyalty and promotional solutions. With insights from its experts prominently featured alongside industry titans, Snipp reaffirms its strategic role in enhancing customer engagement for global brands.

Snipp Interactive Partners with YouNet for Efficiency Boost

Snipp Interactive Inc. has announced a strategic partnership with YouNet to enhance operational efficiencies by integrating AI-driven solutions. This collaboration aims to streamline processes, improve customer experience, and boost profitability by automating key functions such as customer support and data personalization.

Snipp Interactive Reports Meeting Success and Future Plans

Snipp Interactive Inc. successfully held its annual general meeting, re-electing its board members and securing shareholder approval for its amended stock option plan. The company continues to lead in the loyalty and promotions sector with its versatile platform, providing valuable data insights and innovative solutions for global clients.

Snipp Interactive Reports Strong Q3 2024 Results

Snipp Interactive has reported a strong increase in its Q3 2024 EBITDA, driven by robust core revenue growth and improved margins. With over $6 million in quarterly revenue and a debt-free status, the company is poised for continued growth heading into 2025. These preliminary financial results highlight Snipp’s strategic focus on high-margin contracts and operational efficiencies.