Snipp Interactive Inc V.SPN

Alternate Symbol(s): SNIPF

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 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.

TSXV:SPN - Post by User

Snipp Interactive Inc

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Comment by Jimbo67351on May 31, 2016 11:04am

154 Views

Post# 24919212

RE:RE:the market is speaking

Things look good in a convoluted way!

Gross margin was 1875% higher.

Sales bookings (which include recurring revenue streams) for Q1 2016 totaled US $4.5MM in comparison to US $0.8 MM in Q1 2015, an increase of 462%.

The company had US$4.5 million of current assets at the end of Q1 with no outstanding bank debt

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