Earnings
Snipp Interactive Reports Financial Results for Q4 and Fiscal 2025; Announces Conference Call on May 5, 2026
Snipp Interactive Earnings Miss Revenue Targets as Transition Costs Weigh on Profitability Despite Financing Boost

Executive Summary
- Snipp Interactive Inc. reported Fiscal 2025 revenue of $22.0 million, a decline of approximately 3% from the prior year, with Q4 2025 revenue falling to $5.0 million from $6.7 million in Q4 2024.
- EBITDA for Fiscal 2025 was negative $0.8 million compared to positive $0.7 million in FY 2024; Q4 2025 EBITDA was negative $0.5 million versus positive $0.6 million in the prior-year period.
- Gross margin improved to 61% for Fiscal 2025 and expanded to 65% in Q4 2025 compared to 62% previously.
- The company secured its largest contract in history: a US $3.0 million, two-year extension within the pet-care sector.
- Post-year-end financing closed CAD $4.5 million senior secured convertible debentures led by Shen Capital and Lark Investments.
- Management implemented approximately $1.3 million in annualized run-rate operating expense reductions targeting an EBITDA inflection point in 2027.
- Bookings backlog increased to $18.3 million at December 31, 2025, from $17.7 million the prior year.
Material Impact
- The revenue decline and EBITDA deterioration are material negatives that confirm the trend observed in Q3 2025 results where nine-month EBITDA was already negative.
- While gross margin expansion is positive, it does not offset the top-line contraction or profitability loss in the current fiscal year.
- The CAD $4.5 million financing mitigates immediate liquidity risk but introduces dilution and debt obligations; this was announced in February 2026 and thus largely priced into the stock prior to the May earnings release.
- The backlog increase ($18.3M) provides future revenue visibility but does not impact current financial performance metrics.
- Given that Q3 results already signaled a transition year with declining revenue and EBITDA losses, the FY25 confirmation is consistent with expectations rather than a new shock, categorizing this as Routine - Negative.
SPN · Price
Company Overview
- Snipp Interactive Inc. operates an AI-powered marketing technology platform focused on loyalty, promotions, and receipt-based data analytics.
- Flagship projects include the CORRAL anti-fraud solution for program integrity and the SnippMEDIA Financial Media Network (FMN) integrating digital grocery incentives.
- The company serves Fortune 500 brands in pet-care, FMCG, and food manufacturing sectors with a focus on verified purchase activity and shopper insights.
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Jun 17, 2026 · 10:55