Snipp Interactive Inc. (V:SPN)
Business Focus: Advertising & Marketing (NEC)
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Company News
Apr 16, 2024 07:00 ET
Snipp Interactive Announces Record First Quarter Bookings
VANCOUVER, BC / ACCESSWIRE / April 16, 2024 / Snipp Interactive Inc. ("Snipp," the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, is pleased to announce that its first quarter bookings exceeded $9.0MM, its highest quarterly bookings recorded in its history. Snipp defines bookings as future revenue from signed customer contracts to be recognized in future periods based on IFRS principles.
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Valuation Ratios
Industry
Sector
Beta
1.54
--
--
Price to Sales - TTM
0.94
2.68
2.08
Price to Book - most recent quarter
4.16
2.61
2.01
Price to Cash Flow per share - TTM
--
--
8.31
Price to Free Cash Flow per share - TTM
--
--
17.55
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 60,295 | 38,084 |
| Mar 15, 2024 | 22,211 | -18,443 |
| Feb 29, 2024 | 40,654 | 3,637 |
Business Summary
| Sector: Consumer Cyclicals | Industry: Advertising & Marketing |
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.
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