SpringBig Holdings AI Stock Analysis
Want to see SBIG full AI Analyst Report?
SpringBig Holdings (SBIG) AI Stock Analysis
SpringBig Holdings
(Other OTC:SBIG)
The overall score of 40 reflects a company in severe financial distress undergoing a fundamental restructuring. The most significant factor is the dire financial state, with negative equity and cash burn making the legacy business unviable. This is partially offset by the recent corporate reorganization, which extinguished a major debt burden and pivoted the company's strategy toward a potential M&A transaction under new leadership. Technicals and valuation provide no meaningful support, confirming the stock is a high-risk, speculative position.
SpringBig Holdings (SBIG) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $536.75K
- Dividend Yield
- ―
- Average Volume (3M)
- 264.06K
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- -0.37
- Revenue Growth
- -6.80%
- EPS Growth
- -13.27%
- Country
- US
- Employees
- 56
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
SpringBig Holdings Business Overview & Revenue Model
Company Description
SBIG Holdings, Inc. develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation...
How the Company Makes Money
SpringBig makes money primarily by selling access to its software platform to cannabis retailers and brands. The company’s revenue model is centered on recurring fees for software/CRM and marketing functionality (i.e., customers pay to use SpringBig’...
SpringBig Holdings Earnings Call Summary
SpringBig showed resilience in revenue growth and reduced expenses, achieving positive EBITDA in December. However, challenges remain with macroeconomic pressures affecting client budgets and revenue projections. The company's expansion into new markets presents growth opportunities.
Q4-2023 Updates
Positive Updates
Negative Updates
Company Guidance
During the SpringBig Q4 2023 earnings call, the company provided guidance for the first quarter and full year of 2024. They expect Q1 revenue to be between $6.4 million and $6.7 million, with an adjusted EBITDA profit ranging from $0.2 million to $0.4 million. For the full year, they anticipate total revenue to be between $29 million and $32 million, representing a 10% year-on-year growth at the midpoint. The projected adjusted EBITDA profit for the year is estimated between $3.5 million and $5.0 million. SpringBig's CEO, Jeffrey Harris, highlighted the company's strong position, with a 5% revenue growth year-on-year and a significant reduction in operating expenses by 31% in Q4. They reported a positive adjusted EBITDA in December, with a Q4 loss of just $200,000 compared to $3.2 million the previous year. The company also secured $8 million in debt financing to bolster their balance sheet and drive future growth initiatives.
SpringBig Holdings Financial Statement Overview
Summary
Financial health is critically weak. The company suffers from declining revenue (-6.2% TTM), persistent net losses (-19.7% margin), negative stockholders' equity (-$15.2M), and significant cash burn (-$1.0M FCF). The balance sheet is in a distressed state with liabilities far exceeding assets, indicating a high risk of insolvency.
Income Statement
18Very NegativeBalance Sheet
5Very NegativeCash Flow
10Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.36M | 22.83M | 24.65M | 28.05M | 26.63M | 24.02M |
| Gross Profit | 13.75M | 15.99M | 17.99M | 21.56M | 19.93M | 17.09M |
| EBITDA | -504.00K | -1.47M | 879.00K | -7.30M | -11.55M | -5.58M |
| Net Income | -4.20M | -3.25M | -1.88M | -10.23M | -13.08M | -5.75M |
Balance Sheet | ||||||
| Total Assets | 2.87M | 4.63M | 6.83M | 5.11M | 9.66M | 7.04M |
| Cash, Cash Equivalents and Short-Term Investments | 340.00K | 1.50M | 1.18M | 331.00K | 3.55M | 2.23M |
| Total Debt | 10.03M | 9.61M | 11.28M | 4.68M | 9.05M | 0 |
| Total Liabilities | 18.09M | 17.12M | 16.60M | 13.78M | 13.29M | 2.58M |
| Stockholders Equity | -15.22M | -12.49M | -9.77M | -8.67M | -3.63M | 4.46M |
Cash Flow | ||||||
| Free Cash Flow | -1.04M | 321.00K | -1.02M | -4.33M | -14.67M | -8.14M |
| Operating Cash Flow | -1.01M | 361.00K | -953.00K | -3.98M | -14.52M | -7.88M |
| Investing Cash Flow | -29.00K | -40.00K | -64.00K | -351.00K | -413.00K | -374.00K |
| Financing Cash Flow | 0 | 0 | 1.86M | 1.11M | 16.25M | 38.00K |
SpringBig Holdings Risk Analysis
SpringBig Holdings disclosed 69 risk factors in its most recent earnings report. SpringBig Holdings reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksSpringBig Holdings Peers Comparison
Overall Rating
DSP71Outperform
LAW68Neutral
BMBL56Neutral
MAPS41Neutral- SBIG40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| DSP | 71Outperform | $784.73M | 32.10 | 7.84% | ― | 27.52% | 318.58% |
| LAW | 68Neutral | $401.35M | -12.92 | -25.85% | ― | 12.35% | 50.44% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| BMBL | 56Neutral | $800.43M | -1.45 | -95.59% | ― | -14.85% | -118.69% |
| MAPS | 41Neutral | $31.49M | -3.96 | -7.59% | ― | -6.55% | -154.07% |
| SBIG | 40Underperform | $536.75K | -0.13 | 32.58% | ― | -6.80% | -13.27% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SBIG | Springbig Holdings, Inc. | 0.01 | -0.01 | -45.00% | |
| MAPS | Wm Technology, Inc. | 0.19 | -0.70 | -78.81% | |
| DSP | Viant Technology, Inc. | 11.59 | 1.24 | 11.98% | |
| BMBL | Bumble, Inc | 6.01 | 2.41 | 66.94% | |
| LAW | Cs Disco, Inc. | 6.51 | -0.35 | -5.10% |
SpringBig Holdings Corporate Events
SBIG Holdings Renames Company and Adjusts Governance Structure
NeutralOn September 16, 2026, SBIG Holdings, Inc. formally changed its corporate name from SpringBig Holdings, Inc. and amended its bylaws to reflect the new name and reduce the stockholder meeting quorum from a majority to one-third of voting power, potent...
SpringBig Holdings Updates Board Compensation and Governance Structure
PositiveOn July 31, 2026, SpringBig Holdings, Inc. reported that Larry Ellis resigned from its Board of Directors, with the company noting that his departure was not related to any disagreement over operations, policies, or practices, signaling a routine gov...
SpringBig Holdings Executes Major Debt-Extinguishing Reorganization
NegativeOn July 13, 2026, SpringBig Holdings entered into a reorganization agreement that transferred all issued and outstanding equity in its operating subsidiary, SpringBig, Inc., to a lender-affiliated transferee under Delaware law. The transaction exting...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 19, 2026