Skip to main content
TipRanks
Go Ultimate75% OFF

Snipp Interactive (SPN) AI Stock Analysis

17 Followers
TSE:SPN

Snipp Interactive

(TSXV:SPN)

Select Model
Rating:49Neutral
Price Target:CAD 0.03▲(0.00% Upside)
Action:reiterated
Date:09/06/26

The overall score reflects an improving yet fragile financial profile as the dominant factor, with better margins and cash generation offset by continued losses and equity erosion, combined with a weak and volatile technical setup, an uncertain valuation due to negative earnings and no dividend, and a cautiously positive earnings call that points to operational progress and AI-driven efficiencies but places true profitability inflection in 2027 rather than the near term.

Positive Factors
Contracted backlogA backlog built from signed contracts provides meaningful revenue visibility and supports execution over the next several quarters. Its 26% year-over-year increase indicates stronger contracted demand, while conversion into revenue can support platform utilization and recurring client relationships.
Negative Factors
Persistent lossesSnipp has not yet established durable profitability, and losses reduce its ability to reinvest entirely through internally generated funds. Historical volatility and management's 2027 profitability target indicate that earnings improvement remains an execution objective rather than a proven, sustained trend.

Snipp Interactive (SPN) vs. iShares MSCI Canada ETF (EWC)

-50%-40%-30%-20%-10%0%10%20%30%TSE:SPN-45.45%EWC+19.77%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
CAD 8.61M
Dividend Yield
―
Average Volume (3M)
110.73K
Price to Earnings (P/E)
-4.0
Beta (1Y)
1.84
Revenue Growth
-11.89%
EPS Growth
-18.33%
Country
Canada
Employees
95
Sector
General
Sector Strength
55
Industry
Advertising Agencies

Snipp Interactive Business Overview & Revenue Model

Company Description

Operating as a specialist in loyalty and promotional solutions, Snipp Interactive Inc. develops marketing engagement platforms that cater to clients across the United States, Canada, Ireland, and other international markets. The company's comprehensi...

How the Company Makes Money

Snipp primarily makes money by selling access to its marketing and loyalty software platform and by charging for the delivery and operation of promotional programs executed on that platform. Key revenue streams typically include: (1) Software/platfor...

Snipp Interactive Earnings Call Summary

Earnings Call Date:Aug 28, 2026(Q2-2026)|% Change Since:-25.00%|Next Earnings Date:May 30, 2019
Earnings Call SentimentPositive

The call was cautiously optimistic. Q2 showed substantial year-over-year revenue growth, a return to positive EBITDA, an 89% reduction in net loss, improving cash flow, strong backlog relative to the prior year, and initial evidence of AI-related productivity gains. However, first-half revenue remained slightly below the prior year, macro uncertainty and client budget caution persisted, quarterly results remained lumpy, and management emphasized that sustained profitable growth is still a 2027 target rather than an established trend.

Positive Updates

Q2 Revenue Growth and Strongest Quarter in Five
Revenue was $6 million in Q2, up 19% sequentially and 25% year-over-year, representing the company's strongest quarter in five quarters and its highest revenue quarter since Q1 2025. Management attributed the increase to contracted backlog converting into revenue across clients rather than to one specific product or customer category.

Negative Updates

First-Half Revenue Slightly Declined
First-half revenue was $11.1 million versus $11.2 million in the prior-year period, a decrease of 1.5%. Management noted that Q1 revenue was down 21% year-over-year, partially offset by Q2 growth of approximately 25%.

Company Guidance

Management said the inflection they are targeting is 2027, defined as “sustained profitable growth,” while “discipline this year, acceleration next year”; for the rest of this year, “if we can keep our backlog where it is, in this range, I think we'd be very happy to end the year on the same level.” Further AI-related actions completed at the end of the second quarter and in July are “expected to begin to flow through from the third quarter onward,” and “by the end of 2026,” management expects Snipp to be “a different company measured from the perspective of cost structure,” subject to risks and uncertainties; management is not putting a dollar figure on AI-driven savings. It said the one quarter of positive EBITDA is “not an inflection” and should not be modeled as one “just as yet,” noting that first-half revenue is still marginally below last year and quarters “will continue to be lumpy.”

Snipp Interactive Financial Statement Overview

Summary

Financials show an early-stage recovery with improving gross profitability, a return to positive free cash flow, and manageable debt, but the company remains loss-making and shareholder equity has been eroded by several years of losses, keeping the risk profile elevated despite better trends.

Income Statement

57Neutral

Balance Sheet

43Neutral

Cash Flow

51Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Sep 2023Mar 2022
Income Statement
Total Revenue21.69M22.40M22.73M30.55M24.66M15.28M
Gross Profit5.85M-101.20K2.82M591.87K2.51M3.07M
EBITDA-106.11K-1.09M-184.81K-2.27M-827.47K1.03M
Net Income-1.47M-2.52M-1.01M-3.38M-1.39M2.13M
Balance Sheet
Total Assets18.18M13.52M15.21M13.43M15.50M7.45M
Cash, Cash Equivalents and Short-Term Investments6.22M3.37M4.72M4.14M5.55M1.74M
Total Debt3.09M463.18K495.66K526.53K00
Total Liabilities13.98M9.05M8.90M7.00M6.16M3.89M
Stockholders Equity4.19M4.47M6.31M6.43M9.34M3.56M
Cash Flow
Free Cash Flow243.01K776.12K767.25K-2.69M-868.81K224.64K
Operating Cash Flow830.25K791.42K2.00M-1.40M19.33K1.02M
Investing Cash Flow-1.64M-1.25M-1.23M-1.29M-877.81K-1.10M
Financing Cash Flow3.17M-9,464231.62K-14.84K5.07M19.63K

Snipp Interactive Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:SPN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:IQTSE:IQ53NeutralCAD 12.99M76.851.92%―30.09%42.11%
TSE:EQTSE:EQ50NeutralCAD 66.81M-43.2455.79%―-0.80%-193.42%
TSE:SPNTSE:SPN49NeutralCAD 8.24M-4.05-31.81%―-11.89%-18.33%
TSE:KDOZTSE:KDOZ41NeutralCAD 15.10M-13.67-10.30%―30.09%-307.50%
TSE:LPSTSE:LPS38UnderperformCAD 16.42M-7.836067.59%―0.60%50.19%

* General Sector Average

Performance Comparison

0%200%400%600%TSE:SPNTSE:EQTSE:IQTSE:LPSTSE:KDOZTSE:SPAIDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TSE:SPN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:SPNSnipp Interactive0.03-0.03-45.45%
TSE:EQEQ (EQ)0.96-0.01-1.03%
TSE:IQAiriq Inc0.44-0.08-15.38%
TSE:LPSLegend Power Systems0.10-0.01-12.50%
TSE:KDOZKidoz0.12-0.21-62.73%
TSE:SPAIEYEFI Group Technologies Inc2.231.38162.35%

Snipp Interactive Corporate Events

Business Operations and Strategy

Snipp Survey Shows AI Rapidly Reshaping How U.S. Consumers Shop

Positive
Oct 6, 2026

Snipp Interactive has released findings from a survey of 1,000 U.S. adults who regularly use AI for search and shopping, highlighting how AI is reshaping the shopper journey from discovery to purchase. The research shows that AI assistants are becomi...

Business Operations and Strategy

Snipp Interactive Wins Dual Gold at Loyalty360, Bolstering Enterprise Loyalty Push

Positive
Sep 2, 2026

Snipp Interactive has strengthened its position in the loyalty technology market after two Snipp-powered programs for a leading global pet care brand won Gold honors at the 2026 Loyalty360 Awards. The initiatives were recognized for excellence in B2B...

Business Operations and StrategyFinancial Disclosures

Snipp Interactive Returns to Positive EBITDA on Strong Q2 Revenue Growth

Positive
Aug 28, 2026

Snipp Interactive reported a strong second quarter of 2026, with revenue rising 24.6% year over year to $6.0 million, marking its highest quarterly revenue in five quarters, and a return to positive EBITDA of $0.2 million. The company sharply narrowe...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 06, 2026