Snipp Interactive Reports Q3 2025 Financial Results

Executive Summary
- Snipp Interactive Inc. reported Q3 2025 revenue of $5.8 M, a 13% decline year‑over‑year, with EBITDA of $0.5 M versus $0.71 M in Q3 2024.
- Nine‑month results showed a modest 6% revenue increase to $17.0 M but an EBITDA loss of $0.38 M, down from a $0.12 M profit in the prior year.
- The company will host an investor conference call on December 3 2025 at 10:00 a.m. ET to discuss these results and its strategic initiatives.
Key Details
- Q3 2025 Financial Highlights
- Revenue: $5.8 M (‑13% YoY)
- Operating expenses: $5.6 M (‑12% YoY)
- Gross margin: 64% (up from 62%)
- EBITDA: $0.5 M (down $0.18 M YoY)
- Bookings backlog: $15.25 M (‑2% YoY)
- Cash balance: $3.9 M; debt‑free status maintained
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Operating cash flow: $0.93 M (‑$1.5 M YoY)
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Nine‑Month (9M) 2025 Financial Highlights
- Revenue: $17.0 M (↑6% YoY)
- Gross margin: 59% (vs. 60% YoY)
- EBITDA: –$0.38 M (down $0.50 M YoY)
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Deferred revenue: $7.0 M (up from $5.3 M at year‑end 2024)
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Conference Call Details
- Date & Time: Wednesday, December 3 2025, 10:00 a.m. ET
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Access: Web link https://v.ringcentral.com/join/076779338 or dial‑in numbers (U.S. +1 650‑419‑1505, Meeting ID 076779338) with additional global numbers available online.
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Management Commentary – Atul Sabharwal, Founder & CEO
- Highlighted “proactive steps” that improved margins and generated positive operating cash flow despite revenue decline.
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Noted continued growth of the Snipp Financial Media network (over 500 offers live; soft‑launch across 9 regional retailers at 1,100 locations).
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Non‑GAAP Measures – Definitions provided for Gross Margin, EBITDA, and Bookings Backlog; caution that these are not GAAP metrics.
Notable Quotes
“Given all of the uncertainty and volatility that we saw in the previous quarter… our proactive steps resulted in a third quarter with increased margins, positive operating cash flow, EBITDA and Net Income.” – Atul Sabharwal, Founder & CEO
Materiality Assessment: Material – Negative (financial results show revenue decline and EBITDA deterioration, which are material to investors).