TSXV:SPN

Stock Analysis Report

Snipp Interactive

Executive Summary

Snipp Interactive Inc., a loyalty and promotions technology company, provides mobile marketing, rebates, and loyalty solutions in the United States, Canada, Ireland, and internationally.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Snipp Interactive's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SPN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SPN

10.0%

CA Media

4.5%

CA Market


1 Year Return

-84.6%

SPN

-13.4%

CA Media

-24.5%

CA Market

Return vs Industry: SPN underperformed the Canadian Media industry which returned -13.4% over the past year.

Return vs Market: SPN underperformed the Canadian Market which returned -24.5% over the past year.


Shareholder returns

SPNIndustryMarket
7 Day0%10.0%4.5%
30 Day-33.3%-6.5%-20.1%
90 Day-50.0%-15.4%-24.9%
1 Year-84.6%-84.6%-10.6%-13.4%-22.0%-24.5%
3 Year-91.7%-91.7%4.4%-7.7%-14.2%-22.2%
5 Year-98.7%-98.7%10.1%-11.9%-1.9%-16.5%

Price Volatility Vs. Market

How volatile is Snipp Interactive's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Snipp Interactive undervalued compared to its fair value and its price relative to the market?

0.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SPN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SPN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SPN is unprofitable, so we can't compare its PE Ratio to the Media industry average.

PE vs Market: SPN is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SPN is good value based on its PB Ratio (0.2x) compared to the CA Media industry average (0.7x).


Next Steps

Future Growth

How is Snipp Interactive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.0%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Snipp Interactive has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Snipp Interactive performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPN is currently unprofitable.

Growing Profit Margin: SPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPN is unprofitable, and losses have increased over the past 5 years at a rate of -0.3% per year.

Accelerating Growth: Unable to compare SPN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SPN is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (81.7%).


Return on Equity

High ROE: SPN has a negative Return on Equity (-33.85%), as it is currently unprofitable.


Next Steps

Financial Health

How is Snipp Interactive's financial position?


Financial Position Analysis

Short Term Liabilities: SPN's short term assets ($3.7M) exceed its short term liabilities ($3.5M).

Long Term Liabilities: SPN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SPN's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SPN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: SPN has a low level of unsold assets or inventory.

Debt Coverage by Assets: SPN's debt is covered by short term assets (assets are 16.9x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SPN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SPN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of -4.9% each year.


Next Steps

Dividend

What is Snipp Interactive's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SPN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SPN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SPN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SPN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Atul Sabharwal (43yo)

8s

Tenure

US$313,244

Compensation

Mr. Atul Sabharwal Co-founded Snipp Interactive Inc. in March 2007 and has been its Chief Executive Officer since March 1, 2012. Mr. Sabharwal serves as the Chief Operating Officer of ACME Group Inc. He se ...


CEO Compensation Analysis

Compensation vs Market: Atul's total compensation ($USD313.24K) is above average for companies of similar size in the Canadian market ($USD159.13K).

Compensation vs Earnings: Atul's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Atul Sabharwal
Co-Founder8yrsUS$313.24k3.21% $72.6k
Jaisun Garcha
CFO & Corporate Secretary7yrsUS$99.00k1.75% $39.6k
Rahoul Roy
Chief Legal Officer & Executive VP of Corporate Development4.42yrsUS$226.47k0.61% $13.9k
Wayne Weng
Chief Technology Officer0.83yrno data0.099% $2.2k
Anthony Aguiar
Vice President of Sales and Business Development1.17yrsno datano data
Christian Hausammann
Executive VP of Loyalty and MD of Germanyno datano datano data

4.4yrs

Average Tenure

43yo

Average Age

Experienced Management: SPN's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Atul Sabharwal
Co-Founder8yrsUS$313.24k3.21% $72.6k
Ram Ramkumar
Strategic Advisory Board1.42yrsUS$21.09kno data
Thomas MacIsaac
Member of Strategic Advisory Board4.42yrsno datano data
Dave Merkel
Member of Strategic Advisory Board4.42yrsno datano data
Thomas Burgess
Independent Director1.42yrsno datano data
Ritesh Bhavnani
Strategic Advisory Boardno dataUS$102.03kno data
Michael Dillon
Strategic Advisory Board1.42yrsUS$15.64kno data
Megan Prikhodko
Member of Advisory Committee0.17yrUS$246.68kno data
Sarfaraz Haji
Independent Director2.25yrsUS$12.70k0.054% $1.2k

1.8yrs

Average Tenure

54yo

Average Age

Experienced Board: SPN's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.3%.


Top Shareholders

Company Information

Snipp Interactive Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Snipp Interactive Inc.
  • Ticker: SPN
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Advertising
  • Sector: Media
  • Market Cap: CA$2.262m
  • Shares outstanding: 226.16m
  • Website: https://www.snipp.com

Location

  • Snipp Interactive Inc.
  • 219 Dufferin St
  • Unit 208B
  • Toronto
  • Ontario
  • M6K 3J1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPNTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2012
SNIP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2012
20NDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2012

Biography

Snipp Interactive Inc., a loyalty and promotions technology company, provides mobile marketing, rebates, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a mobile receipt processing solution that allows brands to execute purchase-based promotions and loyalty programs; and SnippLoyalty, a white-label platform that allows clients to deploy from simple punch-card programs to points-based loyalty programs with rewards stores. It also provides SnippRebates solution that enables consumers to submit rebate forms and proof of purchases via mobile, email, or Web uploads, as well as track the status of their rebates and receive funds electronically; and SnippRewards, a rewards and incentive platform that offers various rewards and fulfillment options, including cash back, digital and data rewards, movie tickets, discount coupons, catalog and physical prizes, experiences, and charity gifts. In addition, the company SnippInsights, a data analytics program that gathers data from its marketing programs and enables clients to understand their customers and optimize the promotional programs; and SnippWin, a promotion platform that allows clients to engage customers through the deployment of contests, mobile promotions, and social media related interactions. It serves advertising agencies and third party companies that provide promotions marketing services, as well as corporate/consumer brands, including Fortune 500 companies. Snipp Interactive Inc. was founded in 2007 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 03:30
End of Day Share Price2020/03/30 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.