Sector: Consumer Cyclicals | Industry: Advertising & Marketing |
Company Contact | |
Address: | Suite 1700, 666 Burrard Street VANCOUVER BC V6C 2X8 |
Tel: | 1-888-9976477 |
Website: | https://www.snipp.com |
IR: | See website |
Key People | ||
Atul Sabharwal Chief Executive Officer, Director | Jaisun Garcha Chief Financial Officer, Corporate Secretary | Rahoul Roy Chief Legal Officer, Executive Vice President - Corporate Development |
Wayne Weng Chief Technology Officer | Tom Treanor Chief Marketing Officer | Christopher Cubba Chief Revenue Officer |
Business Overview |
Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides insights to drive sales. The Platform's Receipt Processing Module, SnippCHECK, provides receipt-based promotions in North America. The Platform's full-scale modular loyalty engine, SnippLOYALTY, allows clients to deploy any/all aspects of a standard loyalty program on a case-by-case basis. The Platform's modular catalogue of digital and physical rewards, SnippREWARDS, provides clients with global and deployable access to a catalogue of digital and physical rewards. The Platform's gaming module, SnippWIN, allows the global deployment and administration of legally compliant games of chance and skill. |
Financial Overview |
For the nine months ended 30 September 2023, Snipp Interactive Inc revenues increased 28% to $22.6M. Net loss increased from $468K to $3.1M. Revenues reflect United States segment increase of 43% to $20.8M, Ireland segment increase of 18% to $694K. Higher net loss reflects Campaign infrastructure increase of 56% to $16.2M (expense), Salaries and compensation increase of 29% to $6.4M (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $26.77M as of Sep 30, 2023 |
Annual revenue (TTM): | $40.20M as of Sep 30, 2023 |
EBITDA (TTM): | -$4.40M as of Sep 30, 2023 |
Net annual income (TTM): | -$5.48M as of Sep 30, 2023 |
Free cash flow (TTM): | -$1.65M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 286,113,829 as of Feb 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |