Snipp Interactive Q2 FY26 EBITDA swings to USD 181,100; revenue rises 24.6% to USD 6 million vs Q2 FY25
Reuters2026/08/28 02:30- Snipp Interactive posted Q2 2026 revenue of USD 6.01 million, up 24.6% year-over-year and 19.2% sequentially.
- EBITDA returned to positive at USD 181,100 from a loss a year earlier; net loss narrowed 89% to USD 186,878.
- Gross margin rose 3.6 percentage points to 55.7%, while salaries and compensation fell 18% to USD 2.5 million.
- Bookings backlog totaled USD 19.1 million, up 25.7% year-over-year; deferred revenue increased 42% since Dec. 31 to USD 7.7 million.
- CEO Atul Sabharwal said one positive quarter is not an inflection; the company still targets an inflection in 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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