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

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snipp Interactive Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608272230ACCESSWRNAPR_____1213794) on August 28, 2026, and is solely responsible for the information contained therein.

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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Snipp Interactive Q2 FY26 EBITDA swings to USD 181,100; revenue rises 24.6% to USD 6 million vs Q2 FY25

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