New Risk • May 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.44m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (CA$12.9m market cap, or US$9.44m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Reported Earnings • May 05
Full year 2025 earnings released: US$0.009 loss per share (vs US$0.004 loss in FY 2024) Full year 2025 results: US$0.009 loss per share (further deteriorated from US$0.004 loss in FY 2024). Revenue: US$22.0m (down 3.2% from FY 2024). Net loss: US$2.48m (loss widened 146% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. 공시 • Feb 24
Snipp Interactive Inc. announced that it has received CAD 4.5 million in funding from Shen Capital Partners, Lark Investments Inc. and another investor On February 23, 2026, Snipp Interactive Inc. closed the transaction. The transaction includes participation from insiders. The offering is being conducted pursuant to applicable prospectus exemptions under Canadian securities laws and may include subscriptions from Canadian and U.S. accredited investors. The principal amount of the debentures will be convertible, at the option of the holder, into units of the company at a conversion price equal to until February 23, 2027 at CAD 0.08 per unit, at any time after February 23, 2027, at CAD 0.10 per unit or from and after the effective date of the company completing the consolidation the conversion price shall be adjusted by multiplying CAD 0.08 by a fraction. Prior to the offering, Shen Capital did not own any securities of the company. The debentures acquired by Shen Capital pursuant to the offering are convertible or exercisable into an aggregate of 87,500,000 common shares (assuming the conversion in full of the debentures and the exercise in full of the warrants) representing approximately 23.3574% of the issued and outstanding common shares on a partially diluted
basis, based on 374,613,829 common shares issued and outstanding (inclusive of the 87,500,000 common shares issued upon conversion or exercise of the debentures and warrants). As of the date hereof, the company has 287,113,829 common shares issued and outstanding prior to the conversion or exercise of securities. Prior to the offering, Lark Investments had beneficial ownership and control over 53,152,060 common shares, representing approximately 18.51% of the company's issued and outstanding common shares at that time. The debentures acquired by Lark Investments pursuant to the offering are convertible or exercisable into an aggregate of 22,500,000 common shares (assuming the conversion in full of the debentures and the exercise in full of the warrants) representing approximately 24.4343% of the issued and outstanding common shares on a partially diluted basis, based on 309,613,829 common shares issued and outstanding (inclusive of the 22,500,000 common shares issued upon conversion or exercise of the debentures and warrants). As of the date hereof, the company has 287,113,829
common shares issued and outstanding prior to the conversion or exercise of securities. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.6% per year over the past 5 years. Market cap is less than US$10m (CA$11.5m market cap, or US$8.30m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.6% per year over the past 5 years. Market cap is less than US$10m (CA$12.9m market cap, or US$9.34m). 
