SpringBig Holdings Inc.
SpringBig Holdings, Inc. develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation solutions. The company was founded in 2016 and is headquartered in Boca Raton, Florida.
SpringBig Holdings Inc. (SBIG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.066x
Based on the latest financial reports, SpringBig Holdings Inc. (SBIG) has a cash flow conversion efficiency ratio of -0.066x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($585.00K) by net assets ($-8.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SpringBig Holdings Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how SpringBig Holdings Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SpringBig Holdings Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SpringBig Holdings Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Netcapital Inc
NASDAQ:NCPL
|
-0.120x |
|
ASHDOD REFINERY LTD
TA:ARF
|
0.085x |
|
Crypto Co
PINK:CRCW
|
0.104x |
|
NUFORMIX PLC LS -001
F:1RT
|
N/A |
|
Cyanotech Corporation
NASDAQ:CYAN
|
0.013x |
|
GRAPHEX GROUP LTD HD -01
F:5100
|
N/A |
|
Raptis Group Ltd
AU:RPG
|
0.037x |
|
Spectur Ltd
AU:SP3
|
-0.224x |
Annual Cash Flow Conversion Efficiency for SpringBig Holdings Inc. (2019–2024)
The table below shows the annual cash flow conversion efficiency of SpringBig Holdings Inc. from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-9.77 Million | $-953.00K | 0.098x | -78.72% |
| 2023-12-31 | $-8.67 Million | $-3.98 Million | 0.458x | -86.36% |
| 2022-12-31 | $-4.32 Million | $-14.52 Million | 3.360x | +290.03% |
| 2021-12-31 | $4.46 Million | $-7.88 Million | -1.768x | -1576.59% |
| 2020-12-31 | $9.53 Million | $-1.00 Million | -0.105x | +87.48% |
| 2019-12-31 | $2.70 Million | $-2.28 Million | -0.843x | -- |