Snipp Interactive (SPN) AI Stock Analysis

• Market Cap: C$15.11M
• Dividend Yield: N/A
• Average Volume (3M): 172.98K
• Price to Earnings (P/E): 10.6
• Beta (1Y): 1.75
• Revenue Growth: 1.45%
• EPS Growth: 19.48%
• Country: CA
• Employees: 130
• Sector: Technology
• Sector Strength: 88
• Industry: Advertising Agencies
• EPS (TTM): 0.00
• Shares Outstanding: 274,674,740
• 10 Day Avg. Volume: 169,969
• 30 Day Avg. Volume: 172,980
• PEG Ratio: 0.28
• Price to Book (P/B): 3.15
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 25.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): C$22.10M

• Rating: 50 Neutral
• Price Target: C$0.04 ▼(-20.00% Downside)
• Action: Reiterated Date: 01/04/26
• Date: Action: Reiterated 01/04/26

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.

Positive Factors

High gross margin

A sustained gross margin near 70% indicates strong unit economics and pricing power in Snipp's promotions and loyalty platform. High gross margins create durable operating leverage, giving room to invest in product, sales, and analytics while insulating core profitability from moderate revenue fluctuations.

Conservative leverage

Very low leverage gives Snipp balance-sheet flexibility to fund growth, withstand cyclical downturns, and pursue partnerships or tuck-in investments without immediate refinancing risk. Conservative debt supports strategic optionality across 2-6 month horizons and reduces insolvency risk during reinvestment phases.

Positive operating cash flow

Positive operating cash flow demonstrates the platform can generate cash from core operations despite accounting losses, supporting near-term operations and reinvestment. This cash-generation ability is a durable indicator of underlying demand and service monetization when maintained over multiple periods.

Negative Factors

Weak profitability

Negative net and EBIT margins show the business is not yet converting improved revenue and gross margins into consistent operating profits. Persistent operating losses weaken retained earnings, constrain reinvestment from internal cash, and require margin expansion or higher scale to reach sustainable profitability.

Negative free cash flow

Negative free cash flow indicates that after investment and working-capital needs the company consumes cash, forcing reliance on financing or reserves to fund growth. Over time this constrains strategic flexibility, raises financing needs, and increases execution risk if cash conversion does not improve.

Poor returns and earnings volatility

A materially negative ROE and historically volatile results (profitable in 2021, losses since) imply the company struggles to reliably convert capital into returns. This undermines reinvestment effectiveness, raises the bar for operational fixes, and makes long-term forecasting and investor confidence more difficult to sustain.

Snipp Interactive Business Overview & Revenue Model

Company Description

Snipp Interactive (SPN) is a technology company specializing in providing marketing solutions that enhance consumer engagement and brand loyalty. Operating primarily in the digital marketing sector, Snipp offers a range of services including mobile marketing, promotional campaigns, and data analytics. The company's core products include its proprietary platforms that enable brands to run interactive marketing campaigns and track consumer interaction across various channels.

How the Company Makes Money

Snipp Interactive generates revenue through multiple streams, primarily by providing its digital marketing solutions to brands and agencies. The company earns money through subscription fees for its platforms, performance-based marketing campaigns, and the sale of data analytics services. Additionally, Snipp has formed strategic partnerships with various brands, allowing it to expand its market reach and offer bundled services. The effectiveness of its technology in driving consumer engagement contributes to repeat business and long-term contracts, further solidifying its financial stability.

Snipp Interactive Financial Statement Overview

Summary

Revenue rose 5.5% TTM and gross margin improved to ~70%, but profitability remains weak (negative net and EBIT margins) with only slightly positive EBITDA. Cash generation is mixed with positive operating cash flow but negative free cash flow, and returns on equity are negative despite low leverage.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew 5.5% and gross margin improved sharply to ~70%, signaling better unit economics and/or mix. However, profitability remains weak: net margin is still negative (~-4.5%) and EBIT is negative, with EBITDA only slightly positive (~0.4% margin). Results have also been volatile over time (profitable in 2021, losses in most subsequent years), which lowers confidence in earnings quality and consistency.

Balance Sheet

Leverage appears conservative, with low debt relative to equity in TTM (debt-to-equity ~0.09), providing balance-sheet flexibility. Total assets and equity have grown versus earlier years, supporting scale. The key weakness is ongoing negative returns on equity in TTM (ROE ~-18.7%), indicating the capital base is not currently generating profits despite modest leverage.

Cash Flow

TTM operating cash flow is positive (~$0.54M), showing some cash-generation capability despite losses. However, free cash flow is negative in TTM (~-$0.66M) and has declined versus the prior annual period, implying reinvestment needs and/or working-capital pressure are consuming cash. Cash conversion is mixed across years (notably negative operating cash flow in 2023), pointing to uneven cash flow reliability.

Breakdown	TTM	Mar 2025	Mar 2024	Sep 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	23.70M	22.73M	30.55M	24.66M	15.28M	8.69M
Gross Profit	18.11M	2.82M	591.87K	2.51M	3.07M	1.17M
EBITDA	-174.28K	-184.81K	-2.27M	-827.47K	1.03M	327.43K
Net Income	-1.27M	-1.01M	-3.38M	-1.39M	2.13M	-1.32M
Balance Sheet
Total Assets	15.40M	15.21M	13.43M	15.50M	7.45M	6.27M
Cash, Cash Equivalents and Short-Term Investments	5.38M	4.72M	4.14M	5.55M	1.74M	1.92M
Total Debt	472.01K	495.66K	526.53K	0.00	0.00	294.40K
Total Liabilities	10.10M	8.90M	7.00M	6.16M	3.89M	4.79M
Stockholders Equity	5.30M	6.31M	6.43M	9.34M	3.56M	1.48M
Cash Flow
Free Cash Flow	-664.58K	767.25K	-2.69M	-868.81K	224.64K	695.21K
Operating Cash Flow	540.67K	2.00M	-1.40M	19.33K	1.02M	1.47M
Investing Cash Flow	-1.21M	-1.23M	-1.29M	-877.81K	-1.10M	-777.72K
Financing Cash Flow	-44.22K	231.62K	-14.84K	5.07M	19.63K	294.40K

Snipp Interactive Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 83.44 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
IQ	68 Neutral	C$17.72M	35.24	2.70%	―	4.42%	-53.42%
KDOZ	68 Neutral	C$40.70M	-4.77	9.46%	―	32.71%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPN	50 Neutral	C$15.11M	10.63	-22.44%	―	1.45%	19.48%
EQ	44 Neutral	C$65.42M	-50.08	―	―	5.43%	68.55%
LPS	41 Neutral	C$13.97M	-8.04	-341.84%	―	27.76%	-0.37%

Snipp Interactive Corporate Events

Snipp Interactive Wins Strong Shareholder Backing for Governance and Financing Flexibility

Snipp Interactive Inc. reported that shareholders approved all items at its January 9 annual general and special meeting, including the re-election of four directors and the appointment of RSM Canada LLP as auditor, while fixing the board size at five. Investors also endorsed an amended fixed number stock option plan, the creation of two control persons tied to a potential secured convertible debenture financing, and a potential share consolidation, signaling strong shareholder support for the company’s capital structure flexibility and strategic financing options as it pursues growth in the loyalty and promotions market.

The most recent analyst rating on (TSE:SPN) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Snipp Interactive stock, see the TSE:SPN Stock Forecast page.

Snipp Interactive Reports Q3 2025 Financial Results Amid Strategic Expansion

Snipp Interactive reported a 13% decline in Q3 2025 revenue compared to the previous year, with operating expenses also decreasing by 12%. Despite the revenue drop, the company achieved a higher gross margin and positive operating cash flow, reflecting strategic adjustments to market volatility. The company’s deferred revenue increased, indicating strong client confidence, and its strategic partnership for the Snipp Financial Media network is expanding, with over 500 offers live and a national rollout planned.

The most recent analyst rating on (TSE:SPN) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Snipp Interactive stock, see the TSE:SPN Stock Forecast page.

Snipp Interactive Wins $745,560 Contract for Pet Care Loyalty Program

Snipp Interactive has secured a $745,560 contract to develop a specialized loyalty program for a global CPG company’s pet care brand. This program targets professional pet trainers, breeders, and handlers, offering rewards and educational resources to enhance brand engagement. The contract win underscores Snipp’s expertise in digital marketing and loyalty solutions, as the client transitions from a long-standing provider to Snipp’s advanced platform. This partnership highlights Snipp’s capabilities in machine learning and AI-powered fraud monitoring, which are expected to optimize the program’s effectiveness and security.

Snipp Interactive Secures $1.3 Million Contract Extension for Loyalty Programs

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.