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Snipp Interactive (SPN) investor relations material
Snipp Interactive Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal 2025 marked a strategic pivot and comprehensive brand repositioning toward an AI-powered, purchase-verified marketing platform, with a focus on verified, recurring revenue streams.
Multi-year contract renewals and expansions with global brands were executed, including the largest contract in company history.
Approximately $1.3 million in annualized run-rate operating expense reductions were implemented, with further actions planned.
CAD 4.5 million convertible debenture financing was closed post-year-end, led by strategic and insider investors, supporting growth and AI investment.
Financial highlights
Fiscal 2025 revenue was $22 million, down 3% year-over-year from $22.7 million; Q4 revenue was $5 million, down from $6.7 million.
Gross margin held steady at 61% for the year and improved to 65% in Q4.
EBITDA was -$0.8 million for the year (vs. +$0.7 million in 2024), with Q4 EBITDA at -$0.5 million.
Operating expenses totaled $24.3 million, broadly flat year-over-year, with improved cost composition.
Year-end cash was $3.4 million, with accounts receivable of $1.7 million.
Outlook and guidance
Bookings backlog increased to $18.3 million at year-end, up from $17.7 million, providing forward revenue visibility.
Management expects a meaningfully improved EBITDA trajectory in 2026 and a path to EBITDA inflection in 2027 as cost actions and recurring revenue compound.
Additional cost actions are planned for the second half of 2026 as engineering is consolidated into the India hub.
Continued investment in AI capabilities and platform innovation to drive future value.
- Record profitability, margin growth, and a 30% bookings backlog increase set up global expansion.SPN
Q4 202420 Apr 2026 - Record EBITDA and margin gains highlight a strong turnaround and positive outlook for 2025.SPN
Q3 202412 Jan 2026 - Q3 revenue fell 13%, but margins improved and partnerships support future growth.SPN
Q3 20258 Dec 2025 - Deferred revenue up 33%-34% and strong backlog signal robust future growth despite macro delays.SPN
Q2 202523 Nov 2025 - Record Q1 revenue, positive EBITDA, and strong cash flow highlight robust growth momentum.SPN
Q1 202510 Nov 2025 - Record bookings and margin gains offset revenue decline, setting up strong H2 growth.SPN
Q2 202413 Jun 2025
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