Snipp Interactive reports Q2 results

Published 2 months ago Neutral
Snipp Interactive reports Q2 results
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* Snipp Interactive press release [https://seekingalpha.com/pr/20207406-snipp-interactive-reports-q2-2025-financial-results] (OTCPK:SNIPF [https://seekingalpha.com/symbol/SNIPF]): Q2 Revenue of $4.83M.
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Operating Expenses were $6.4 million compared to $5.3 million on Q2 2024, an increase of 20%

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Gross Margin was 52% for Q2 2025 compared to 64% for Q2 2024.

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EBITDA in Q2 2025 was negative ($1.2) million vs Q2 2024 EBITDA positive of $0.1 million, an EBITDA decrease of $1.1 million.

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Bookings Backlog (programs that have been sold, but whose revenues have not yet been recognized) stood at $15.2MM at June 30, 2025, a decrease of 12% compared to June 30, 2024 of $17.2 million.

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Cash at the end of Q2 was $3.8 million and the company continues to be debt free.

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Cash flows generated by operating activities was $0.5 million, a decrease of $0.83 million from the comparable quarter.

MORE ON SNIPP INTERACTIVE INC.

* Historical earnings data for Snipp Interactive Inc. [https://seekingalpha.com/symbol/SPN:CA/earnings]
* Financial information for Snipp Interactive Inc. [https://seekingalpha.com/symbol/SPN:CA/income-statement]