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Snipp Interactive Inc - SNIPF STOCK NEWS

Welcome to our dedicated news page for Snipp Interactive (Ticker: SNIPF), a resource for investors and traders seeking the latest updates and insights on Snipp Interactive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Snipp Interactive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Snipp Interactive's position in the market.

News
Snipp Interactive Announces Record First Quarter Bookings
Rhea-AI Summary
Snipp Interactive Inc. announces record first quarter bookings, exceeding $9.0MM, with geographical diversity and contribution from new clients. Atul Sabharwal, Founder of Snipp, highlights strong returns on investments and focus on profitable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
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none
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News
Snipp Interactive Inc. Releases Comprehensive Sports Marketing Toolkit for Brands Seeking Consumer Engagement and Loyalty Boost
Rhea-AI Summary
Snipp Interactive Inc. releases critical resources on sports marketing trends, providing brands with essential insights to enhance consumer engagement and sales growth. The company offers a comprehensive guide on the latest trends in sports marketing, real-life examples of successful strategies, a sports event calendar, and specific strategies for leveraging high-engagement events like March Madness. Snipp's modular suite of solutions supports brands in implementing effective sports marketing campaigns, including promotions, sweepstakes, receipt processing, customer loyalty, and gambit rewards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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none
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News
Snipp Interactive Announces $1.1M SnippWin Contract with Global Food & Beverage Company
Rhea-AI Summary
Snipp Interactive Inc. announces a $1.1M rebate campaign agreement with a major food and beverage company, showcasing a significant win in the digital marketing promotions sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
Tags
none
News
Snipp Interactive Announces $2M Renewal with Leading American Beverage Company
Rhea-AI Summary
Snipp Interactive Inc. announces a renewal agreement for its SnippREWARDS platform with a leading American multinational beverage company through a partnership with a Top 5 global research and consulting firm. The Client has deployed SnippREWARDS across 9 countries in the past year, with plans for expansion. This renewal highlights the value of Snipp's solutions for large brands in complex multi-country programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.36%
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none
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News
Snipp Interactive Announces Record January Bookings
Rhea-AI Summary
Snipp Interactive Inc. announces that its January bookings exceeded $2.5MM, the second highest in its history. Atul Sabharwal, Founder of Snipp, comments on the strong momentum from 2023 and the advancement of their strategy to elevate overall company margins towards historical norms. The bookings represent 60% margin revenue, reflecting their commitment to profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.84%
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none
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News
Snipp Interactive Announces Stock Option Grants
Rhea-AI Summary
Snipp Interactive Inc. announces the grant of 8,200,000 stock options to officers and employees, delayed due to a prior halt in trading. The options are exercisable at C$0.12 per share, expiring after 5 years and vesting in tranches until January 30, 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.86%
Tags
none
News
Snipp Interactive Announces Revocation of Cease Trade Order
Rhea-AI Summary
Snipp Interactive Inc. announces the full revocation of the cease trade order by the British Columbia Securities Commission and the reinstatement of its common shares for trading on the TSX Venture Exchange. The company had faced the CTO due to the inability to file audited financial statements, MD&A, and certifications for the year ended December 31, 2022 within the prescribed time frame. The CTO was fully revoked on January 25, 2024, after the BCSC completed a review of the company's continuous disclosure in compliance with Policy Statement 11-207.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
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News
Snipp Interactive Conference Call on January 9, 2024
Rhea-AI Summary
Snipp Interactive Inc. (Snipp) (TSX-V:SPN)(OTC PINK:SNIPF) announces a conference call to discuss recent financial results and plans for the year. The call will take place on Tuesday, January 9, 2024, at 1:00 pm Eastern Time (US). Investors can submit questions by email until 8:00 pm Eastern Time (US). The conference call will be available via weblink or dial-in options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
none
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News
Snipp Interactive Reports 28% Revenue Growth for the 9 Months Ended September 30, 2023; Company to Hold Investor Conference Call on January 9th
Rhea-AI Summary
Snipp Interactive Inc. (SPN) reports strong revenue growth of 28% for the nine months ended September 30, 2023, with a revenue of $22.6 million compared to $17.6 million for the same period in 2022. Q3 2023 also saw an 8% increase in revenue, reaching $8.6 million, the highest quarterly revenue in the company's history. However, EBITDA for Q3 2023 was $0.03 million, a significant decrease from Q3 2022 EBITDA of $0.28 million. Additionally, EBITDA for the nine months ended September 30, 2023, showed a loss of $1.94 million compared to EBITDA of $0.72 million for the same period in 2022. Despite these challenges, the company's Bookings Backlog increased by 17%, standing at $14.5 million at September 30, 2023, compared to $12.4 million at September 30, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
News
Snipp Interactive Reports 45% Revenue Growth for H1 2023 Bookings Grow 27% Year Over Year Company To Hold Investor Conference Call In Early January 2024
Rhea-AI Summary
Snipp Interactive Inc. (SPN) reports a 45% increase in revenue for H1 2023, reaching $14.0 million, with Q2 2023 and Q1 2023 revenue increasing by 36% and 56% respectively. However, EBITDA saw losses in H1, Q2, and Q1 2023, and the company's expenses have risen due to growth investments. Bookings Backlog stood at $14MM at June 30, 2023, a 27% increase compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.09%
Tags
none
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Snipp Interactive Inc

OTC:SNIPF

SNIPF Rankings

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SNIPF Stock Data

25.98M
235.65M
32.56%
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About SNIPF

greetings! snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. we also provide the services and expertise to design, execute and promote client programs. snippcheck, our receipt processing engine, is the market leader for receipt-based purchase validation; snipployalty is the only unified loyalty solution in the market for cpg brands. snipp has powered hundreds of programs for fortune 1000 brands and world-class agencies and partners. snipp is headquartered in toronto, canada with offices across the united states, canada, ireland, europe, and india. the company is publicly listed on the otcqb, of the otc market in the united states of america, and on the toronto stock venture exchange (tsx) in cana