Snipp Interactive (TSE:SPN) has released an update.
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Snipp Interactive Inc. celebrated a record-breaking Fiscal 2023, with annual revenue surging by 24% to $30.55 million, marking the company’s highest to date. Despite a decrease in annual gross margin, Q4 saw a significant improvement, and the company ended the year with a positive EBITDA in the second half and an increased bookings backlog. Snipp remains debt-free, with healthy cash reserves, and is set to discuss its financial growth and future plans in an upcoming investor conference call.
For further insights into TSE:SPN stock, check out TipRanks’ Stock Analysis page.
