Snipp Interactive Inc. (SPN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the SNP Interactive second quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. Following the company's prepared remarks, we will open the call for questions. Please note that today's call is being recorded. Before we begin, I'd like to remind everyone that today's call contains forward-looking statements within the meaning of applicable securities laws. These statements are based on our current expectations and involve risks and uncertainties that could cause actual results to differ materially. For discussion of these risks and uncertainties, please refer to our public filings available on CEDA and our investor relations website. We do not undertake any obligation to update any forward-looking statements made during this call except as required by law. Good morning everyone and thank you for joining us. We are pleased to report our second quarter results earlier than we typically do. This should firstly give investors the comfort that we are continuing to invest in our processes and financial systems to enable faster reporting that will also help with our end-of-year audits. The second quarter was a challenging one, especially for clients. Following my comments from the first quarter, I had spoken about our clients finding it difficult to decide on when to launch programs as they assessed conflicting signals around inflation, supply chains, and consumer sentiment, we witnessed this playing out in program launches and new bookings. With delayed program launches, our revenue growth was impacted, but we still managed to grow our revenue for the first quarter, and our half-year performance and revenue growth remained robust at about 19%. Also, the upside for the future is that our deferred revenue in...