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Bullboard - Stock Discussion Forum Snipp Interactive Inc SNIPF


Primary Symbol: V.SPN

Communication Services
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... see more

TSXV:SPN - Post Discussion

Snipp Interactive Inc > And then there was silence...again!
View:
Post by stockpickerone! on Jan 03, 2024 1:15pm

And then there was silence...again!

Love how we all complain about s*it so loudly but then when they actually release something not a peep - LOL! 

Views anyone - I for one am happy - they did what they said they would - question is can they sustain positive ebitda and get back to profitability...any predications for 2024? Mine are that revs will slow substantially (see the 8% for Q3) but they will focus again on the bottom line - which is what attracted me to them in the first place...
Comment by sportsman80 on Jan 03, 2024 1:53pm
Congratulations, they finally hit a promised timeline by releasing Q3 this week.  As for the results I'd say the first 6 months of 2023 were a bit troubling in that they burned through over a million of their cash reserves.  Q3 they seem to have slightly increased their cash position which is good to see.  As expected expenses have gone up just as fast as revenues Good results ...more  
Comment by donlin2 on Jan 06, 2024 12:11pm
Interesting, no comment about being debt-free in latest 2023 results........simply oversight unless I missed it.
Snipp Interactive Inc
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