Snipp Interactive Releases Q3 2025 Financial Results

Snipp Interactive Inc. has reported a 13% drop in revenue for Q3 2025 compared to the same period last year, totaling $5.8 million. Operating expenses decreased by 12% to $5.6 million, while gross margin improved slightly to 64%. However, EBITDA fell from $0.71 million in Q3 2024 to $0.5 million this quarter. The company's bookings backlog also experienced a 2% decline.

Despite the revenue decline, Snipp remains debt-free, holding $3.9 million in cash. Positive cash flow from operations was noted at $0.93 million, albeit $1.5 million lower than the prior year. For the nine-month period, revenue increased by 6% to $17.0 million. Despite a negative EBITDA of $0.38 million, deferred revenue improved significantly, indicating potential future earnings.

CEO Atul Sabharwal emphasized the company's proactive measures amidst volatile market conditions and highlighted an increase in deferred revenue as a sign of client confidence. Additionally, Snipp's strategic partnerships continue to expand their media network reach.