STOCK TITAN

Snipp Interactiv - SNIPF STOCK NEWS

Welcome to our dedicated page for Snipp Interactiv news (Ticker: SNIPF), a resource for investors and traders seeking the latest updates and insights on Snipp Interactiv stock.

Overview of Snipp Interactive Inc.

Snipp Interactive Inc. (SNIPF) is a global Platform-as-a-Service (PaaS) company specializing in digital marketing promotions, loyalty programs, receipt-based purchase validation, and data analytics. Operating under a unified marketing technology platform, Snipp offers an integrated ecosystem designed to help brands engage consumers and drive measurable sales. Through its comprehensive suite of solutions, Snipp combines shopper marketing promotions, loyalty, rewards, rebates, and advanced analytics to generate unique insights and deliver disruptive engagement experiences.

Integrated Platform and Core Modules

The heart of Snipp’s offering is its proprietary SnippCARE platform, which provides clients with flexibility to design and execute both long-term and short-term programs. Key modules include:

  • SnippCHECK: A market-leading receipt processing engine that validates purchases and underpins receipt-based promotions with robust data capture and analytics.
  • SnippLOYALTY: A unified loyalty solution that enables consumer packaged goods (CPG) brands to deploy customized loyalty programs tailored to drive customer retention.
  • SnippREWARDS: Offering a dynamic catalogue of digital and physical incentives, this module provides seamless access to rewards worldwide.
  • SnippWIN: A gaming module addressing the challenges of running legally compliant games of chance and skill, pivotal for consumer engagement in regulated environments.

Advanced Technologies and Innovation

Snipp leverages cutting-edge technologies such as artificial intelligence, machine learning, and real-time data analytics to enhance operational efficiency and improve fraud detection in promotions. The platform’s advanced algorithms support the detection and prevention of fraudulent activities in receipt-based and loyalty programs, setting a high standard in data integrity and consumer trust. This strategic integration of AI aids in predicting trends and optimizing customer engagement, making Snipp’s solutions highly adaptive in a fast-changing digital landscape.

Market Position and Global Reach

Positioned at the crossroads of technology and marketing, Snipp serves a global clientele that includes Fortune 1000 companies, leading agencies, and strategic partners. Headquartered in Vancouver with additional offices in key regions such as the United States, Canada, Europe, and India, the company successfully navigates diverse markets and complex regulatory landscapes. Its extensive experience in handling global loyalty schemes, robust promotional solutions, and data-driven insights underscores its strategic significance in today’s competitive marketing environment.

Business Model and Operational Excellence

Snipp’s business model centers on providing a flexible, scalable, and integrated technology platform that serves multiple industry sectors. Revenue is derived from subscription fees, licensing agreements, and service contracts that allow clients to customize their engagement programs. This model not only facilitates long-term client relationships but also fosters continuous innovation and refined targeting based on enriched consumer data. The company’s operational excellence is further demonstrated by its capacity to manage high-complexity projects for some of the world’s most influential brands.

Client Engagement and Data Analytics

With its robust platform, Snipp continually captures and analyzes zero party data – information willingly provided by consumers – to offer actionable insights that drive sales and optimize promotional strategies. The ability to generate consumer insights in real time enables clients to tailor marketing campaigns more precisely, achieve higher conversion rates, and build stronger customer relationships while ensuring compliance and security throughout the data lifecycle.

Industry Expertise and Thought Leadership

Snipp is recognized for its deep industry expertise and thought leadership in the loyalty and promotions space. The company’s continual innovation in shopper marketing, combined with its strategic use of advanced technology, positions it as a source of reliable insights within a dynamic market. By consistently demonstrating operational agility and a proactive approach to market challenges, Snipp stands as a trusted partner for global brands seeking to navigate the complexities of customer engagement in today’s digital era.

Conclusion

In summary, Snipp Interactive Inc. is a comprehensive marketing technology provider that marries innovative digital promotions with sophisticated data analytics and AI-driven solutions. Its integrated platform enables streamlined execution of multi-faceted loyalty programs and promotional campaigns on a global scale. With a proven record of aligning client objectives with tangible sales enhancements, Snipp maintains a balanced approach to operational excellence and strategic growth in the competitive landscape.

Rhea-AI Summary
Snipp Interactive Inc. releases critical resources on sports marketing trends, providing brands with essential insights to enhance consumer engagement and sales growth. The company offers a comprehensive guide on the latest trends in sports marketing, real-life examples of successful strategies, a sports event calendar, and specific strategies for leveraging high-engagement events like March Madness. Snipp's modular suite of solutions supports brands in implementing effective sports marketing campaigns, including promotions, sweepstakes, receipt processing, customer loyalty, and gambit rewards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. announces a $1.1M rebate campaign agreement with a major food and beverage company, showcasing a significant win in the digital marketing promotions sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. announces a renewal agreement for its SnippREWARDS platform with a leading American multinational beverage company through a partnership with a Top 5 global research and consulting firm. The Client has deployed SnippREWARDS across 9 countries in the past year, with plans for expansion. This renewal highlights the value of Snipp's solutions for large brands in complex multi-country programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.36%
Tags
none
Rhea-AI Summary
Snipp Interactive Inc. announces that its January bookings exceeded $2.5MM, the second highest in its history. Atul Sabharwal, Founder of Snipp, comments on the strong momentum from 2023 and the advancement of their strategy to elevate overall company margins towards historical norms. The bookings represent 60% margin revenue, reflecting their commitment to profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.84%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. announces the grant of 8,200,000 stock options to officers and employees, delayed due to a prior halt in trading. The options are exercisable at C$0.12 per share, expiring after 5 years and vesting in tranches until January 30, 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.86%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. announces the full revocation of the cease trade order by the British Columbia Securities Commission and the reinstatement of its common shares for trading on the TSX Venture Exchange. The company had faced the CTO due to the inability to file audited financial statements, MD&A, and certifications for the year ended December 31, 2022 within the prescribed time frame. The CTO was fully revoked on January 25, 2024, after the BCSC completed a review of the company's continuous disclosure in compliance with Policy Statement 11-207.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
Rhea-AI Summary
Snipp Interactive Inc. (Snipp) (TSX-V:SPN)(OTC PINK:SNIPF) announces a conference call to discuss recent financial results and plans for the year. The call will take place on Tuesday, January 9, 2024, at 1:00 pm Eastern Time (US). Investors can submit questions by email until 8:00 pm Eastern Time (US). The conference call will be available via weblink or dial-in options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. (SPN) reports strong revenue growth of 28% for the nine months ended September 30, 2023, with a revenue of $22.6 million compared to $17.6 million for the same period in 2022. Q3 2023 also saw an 8% increase in revenue, reaching $8.6 million, the highest quarterly revenue in the company's history. However, EBITDA for Q3 2023 was $0.03 million, a significant decrease from Q3 2022 EBITDA of $0.28 million. Additionally, EBITDA for the nine months ended September 30, 2023, showed a loss of $1.94 million compared to EBITDA of $0.72 million for the same period in 2022. Despite these challenges, the company's Bookings Backlog increased by 17%, standing at $14.5 million at September 30, 2023, compared to $12.4 million at September 30, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
-
Rhea-AI Summary
Snipp Interactive Inc. (SPN) reports a 45% increase in revenue for H1 2023, reaching $14.0 million, with Q2 2023 and Q1 2023 revenue increasing by 36% and 56% respectively. However, EBITDA saw losses in H1, Q2, and Q1 2023, and the company's expenses have risen due to growth investments. Bookings Backlog stood at $14MM at June 30, 2023, a 27% increase compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.09%
Tags
none
Rhea-AI Summary
Snipp Interactive Inc. (SPN on TSXV, SNIPF on OTC PINK) announced its financial results for the year ended December 31, 2022. Revenue reached $24.7 million, a 72% increase from 2021. Gross margin was 38%, EBITDA totaled $22,465, and bookings backlog stood at $11.9 million. The company remains debt-free and held a successful annual general and special meeting of shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags

FAQ

What is the current stock price of Snipp Interactiv (SNIPF)?

The current stock price of Snipp Interactiv (SNIPF) is $0.049 as of April 8, 2025.

What is the market cap of Snipp Interactiv (SNIPF)?

The market cap of Snipp Interactiv (SNIPF) is approximately 15.2M.

What is the primary business of Snipp Interactive Inc.?

Snipp Interactive Inc. operates as a Platform-as-a-Service company specializing in digital marketing promotions, loyalty programs, and receipt-based purchase validation.

How does Snipp generate revenue?

The company generates revenue through a combination of subscription fees, licensing agreements, and services related to its integrated marketing technology platform.

What are the key modules of the SnippCARE platform?

The main modules include SnippCHECK for receipt processing, SnippLOYALTY for loyalty programs, SnippREWARDS for digital and physical rewards, and SnippWIN for gaming-based solutions.

Which industries does Snipp primarily serve?

Snipp works with Fortune 1000 companies, consumer packaged goods brands, leading agencies, and partners across multiple industries including retail, FMCG, and financial services.

What role does technology play in Snipp's operations?

Advanced technologies such as AI, machine learning, and real-time data analytics are crucial in enhancing fraud detection, consumer data insights, and operational efficiency within Snipp's solutions.

How is Snipp positioned in the global market?

With headquarters in Vancouver and offices across North America, Europe, and Asia, Snipp has a strong global presence and is a trusted partner for major brands in diverse markets.

What makes Snipp's loyalty solutions unique?

SnippLOYALTY is uniquely integrated into a modular platform that allows for flexible, case-by-case deployment of loyalty initiatives, combined with robust data analytics to optimize customer engagement.

How does Snipp ensure data integrity and reduce fraud?

By leveraging advanced AI-driven algorithms and real-time monitoring, Snipp’s platform is designed to detect and prevent fraudulent activities in receipt-based and promotional programs.
Snipp Interactiv

OTC:SNIPF

SNIPF Rankings

SNIPF Stock Data

15.16M
196.32M
31.39%
0.11%
Advertising Agencies
Communication Services
Link
Canada
Vancouver