Snipp Interactive Inc., a loyalty and promotions technology company, provides mobile marketing, rebates, and loyalty solutions in the United States, Canada, Ireland, and internationally.
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.
7 Day Return
1 Year Return
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.
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
2 weeks ago | Simply Wall StDoes Snipp Interactive Inc. (CVE:SPN) Have A Particularly Volatile Share Price?
2 months ago | Simply Wall StThe Snipp Interactive (CVE:SPN) Share Price Is Down 98% So Some Shareholders Are Very Salty
3 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Snipp Interactive Inc. (CVE:SPN)?
Is Snipp Interactive undervalued compared to its fair value and its price relative to the market?
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).
How is Snipp Interactive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Snipp Interactive's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Snipp Interactive competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
How has Snipp Interactive performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Atul Sabharwal (43yo)
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.
|CFO & Corporate Secretary||7yrs||US$99.00k||1.75% $39.6k|
|Chief Legal Officer & Executive VP of Corporate Development||4.42yrs||US$226.47k||0.61% $13.9k|
|Chief Technology Officer||0.83yr||no data||0.099% $2.2k|
|Vice President of Sales and Business Development||1.17yrs||no data||no data|
|Executive VP of Loyalty and MD of Germany||no data||no data||no data|
Experienced Management: SPN's management team is considered experienced (4.4 years average tenure).
|Strategic Advisory Board||1.42yrs||US$21.09k||no data|
|Member of Strategic Advisory Board||4.42yrs||no data||no data|
|Member of Strategic Advisory Board||4.42yrs||no data||no data|
|Independent Director||1.42yrs||no data||no data|
|Strategic Advisory Board||no data||US$102.03k||no data|
|Strategic Advisory Board||1.42yrs||US$15.64k||no data|
|Member of Advisory Committee||0.17yr||US$246.68k||no data|
|Independent Director||2.25yrs||US$12.70k||0.054% $1.2k|
Experienced Board: SPN's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.3%.
Snipp Interactive Inc.'s company bio, employee growth, exchange listings and data sources
- 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
- Snipp Interactive Inc.
- 219 Dufferin St
- Unit 208B
- M6K 3J1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Mar 2012|
|SNIP.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2012|
|20N||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2012|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:30|
|End of Day Share Price||2020/03/30 00:00|
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.