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Bullboard - Stock Discussion Forum Snipp Interactive Inc V.SPN

Alternate Symbol(s):  SNIPF

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

Bullboard (TSXV:SPN)

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Comment by tanninon May 09, 2022 1:48pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

Or, for financials ( on any canadian public company ) go to Sedar, similar to U.S. Edgar but, imo, easier by far to use.
Comment by stockpickerone!on May 07, 2022 2:03pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

Detailed Financial statements are on their website  https://www.snipp.com/hubfs/Financial%20Statements%20-%20Year%20Ended%20Dec%2031%2c%202020.pdf?hsLang=en They mentioned something like USD 7MM ...more  
Comment by OPENHEIMERon May 06, 2022 4:32pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

Where can I get a detailed finanacial statement to read beyond their short news feed ? BTW, does anyone know what Gambit did in annual sales before dishing out $ 5.0 million to buy them ?
Comment by stockpickerone!on May 06, 2022 1:40pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

What part of their financials show them NOT making money? LOL! Cash flow from Operations  is POSITIVE = 700,000+ EBITDA is POSITIVE = $1.8MM+ NET INCOME is POSITIVE = $2.1MM NET income with ONE ...more  
Comment by OPENHEIMERon May 06, 2022 1:07pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

Bottom line is the recent financials did NOTHING to drive the stock price. Very disappointing. They do not appear to be making money.  Some of these news bulletins are very vague in how they ...more  
Comment by stockpickerone!on May 05, 2022 1:46pm

RE:RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

you are wrong..their regular EBITDA number does NOT include the one time income...IF they had ADJ it then it would be much HIGHER - so they are being extremely transparent here...
Comment by apainteron May 05, 2022 12:42pm

RE:RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

Sorry the Co net inc would be smaller than what is reported, also the co has not shown adj EBITDA which should have excluded that one time income of 1.64M, in my opinion
Comment by apainteron May 05, 2022 12:32pm

RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

The net income is positive due to loan forgiveness and write off of account payable for a total of 1.64M, without that the Co is net negative even on AjD EBITDA basis for the year, in my opinion
Post by francoisl13on May 05, 2022 11:52am

More Bally's deal with major leagues...

March 2021 presse release; MLB & NBA Press release Well, the more I dig, the more I believe that the Bally's investment into SPN could bring very interesting deals to the 'Gambit' ...more  
Post by francoisl13on May 05, 2022 10:25am

Bally's & NHL...

I found this press release from February 2021 and thought it could be of interest to share; NHL names Bally's official sports betting partner GLTA
Comment by scot5120on May 04, 2022 11:35am

RE:RE:Snipp Interactive Reports Record Financial Results

If you're investing in Snipp for short-term EPS than you're likely investing in the wrong company. They are in the heavy growth stage. They are going to be focused on expantion. Their revenus ...more  
Comment by OPENHEIMERon May 03, 2022 1:39pm

RE:RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

If they do a 20 to 1 reversal, at today's price ( $ 0.165 CAD ) it will be 20x$0.165 = $3.30 CAD a share. Total oustanding shares would be approximately 280,000,000 / 20 = 14,000,000 shares ...more  
Comment by stockpickerone!on May 03, 2022 11:46am

RE:RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

So if they half they do a 20times roll back this stock will fly in your assessment? As now the EPS just improved 20x...
Comment by OPENHEIMERon May 03, 2022 10:36am

RE:RE:RE:RE:Snipp Interactive Reports Record Financial Results

They have over 280,000,000 shares floating out there, massive dilution. At $ 0.17 a share, they have a market cap of $47.725 million. Even if they earn $ 1.5 million this is equivalent to $ 0.0054 a ...more  
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