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.

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Snipp Interactive Inc

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Comment by sportsman80on Nov 28, 2018 7:44am

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Post# 29031722

RE:RE:858% improvement

Cost side of the report looks good, cash flow positive is excellent and a long time coming. Strange how Q3 bookings were higher than Q3 revenue but the backlog went down from Q2. I’d say they did what they said they would do in this 1/4, nothing amazing, but if I’m happy with doing what they say at this point. Still need more revenue/contracts to drive stock price.

Also the % increases on the report are hilarious especially the EBITDA growth. Not sure how you calculate that when you start with a negative but shouldn’t the cash flow % be higher than the EBITDA % since it improved by much more and started off worse?

Anyway decent 1/4 cash flow positive should help in the long wait for Q4 numbers.

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