Snipp Interactive Inc V.SPN

New Press Release - Snipp Interactive Reports Financial Results for Fiscal 2023 and Announces Conference Call on May 1, 2024

VANCOUVER, BC / ACCESSWIRE / April 30, 2024 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, announced its financial results for the year ended December 31, 2023 ("Fiscal 2023"). All...read article.

[francoisl13]

2023 is behind us and the results are not too bad. I really like the fact that the margins are moving up in Q3 and Q4 of 2023, the backlog is higher than ever and they are still debt-free. Looking forward to tomorrow's call and more importantly to the release of the Q1 results in about a month - I want to see an increase in sales and margins. GLTA

[sportsman80]

Was not able to make it on the call? Any talk of current cash position? 

[sportsman80]

This may have got lost in all the comedy gold messages.  Did they give a current cash position on the call or did anyone ask about it? Went from 4.5 million Sept 30th to 3 million December 31st.  If that trend has been continuing they'd be sitting on not much more than 1 million right now.  Costs seem to be getting ahead of sales again.

[Maggs]

sportsman80...They said 2.9 million cash end of December 2023 with 2.1 million in receivables.

[sportsman80]

Thanks Maggs was hoping someone asked about cash position as of today since it dropped so much in Q4.