Business
Snipp Interactive Reports Q3 2025 Financial Results
Company to Hold Investor Conference Call on December 3, 2025 VANCOUVER, BC / ACCESS Newswir...
About this update from Snipp Interactive Inc.
[{"type":"text","content":"Snipp Interactive Reports Q3 2025 Financial Results Company to Hold Investor Conference Call on December 3, 2025 VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Snipp Interactive Inc. (\"Snipp\" or the \"Company\") (TSX-V:SPN)(OTCPK:SNIPF), a global provider of digital marketing promotions, rebates and loyalty solutions, announces its financial results for the three months ended September 30, 2025 (\"Q3 2025\") and for the nine months ended September 30, 2025 (\"YTD 2025\"). All results are reported under International Financial Reporting Standards (\"IFRS\") and in US dollars. A copy of the complete unaudited interim financial statements and management's discussion and analysis are available on SEDAR+ (www.sedarplus.ca).The Company also announces conference call details for investors taking place on Wednesday, December 3rd, 2025, at 10:00am Eastern Time (US) to discuss the Company's recent financial results and plans for the year.The conference call will be available via the following weblink or dial-in options.Weblink: https://v.ringcentral.com/join/076779338 orOne tap to join audio only from a smartphone: +16504191505,,076779338# United States (San Mateo, CA)Or dial: +1 (650) 4191505 United States (San Mateo, CA) Access Code / Meeting ID: 076779338Parties joining from other locations can refer to additional dial-in numbers based on your location listed at the following website and use the same Meeting ID referenced above: https://v.ringcentral.com/teleconferenceQ3 2025 Highlights*Revenue for the three months ended September 30, 2025 (\"Q3 2025\") decreased by 13% to $5.8 million compared to $6.7 million for the three months ended September 30, 2024 (\"Q3 2024\").Operating Expenses were $5.6 million compared to $6.4 million in Q3 2024, a decrease of 12%Gross Margin was 64% for Q3 2025 compared to 62% for Q3 2024.EBITDA in Q3 2025 was $0.5 million vs Q3 2024 EBITDA of $0.71 million, an EBITDA decrease of $0.18 million.Bookings Backlog (programs that have been sold, but whose revenues have not yet been recognized) stood at $15.25 million at September 30, 2025, a decrease of 2% compared to $15.5 million at September 30, 2024.Cash at the end of Q3 was $3.9 million and the company continues to be debt free.Cash flows generated by operating activities was $0.93 million, a decrease of $1.5 million from the comparable quarter.Nin...