Snipp Interactive Inc
Snipp Interactive Inc. provides mobile marketing, rebate, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a receipt processing system that enables brands to tap into unprecedented consumer purchase and behavioral data; SnippWin, a promotion and sweepstakes platform that provides various promotions from gift to instant win contests, … Read more
Snipp Interactive Inc (SNIPF) - Net Assets
Latest net assets as of September 2025: $5.30 Million USD
Based on the latest financial reports, Snipp Interactive Inc (SNIPF) has net assets worth $5.30 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.40 Million) and total liabilities ($10.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.30 Million |
| % of Total Assets | 34.4% |
| Annual Growth Rate | 17.81% |
| 5-Year Change | 326.28% |
| 10-Year Change | -46.5% |
| Growth Volatility | 94.32 |
Snipp Interactive Inc - Net Assets Trend (2010–2024)
This chart illustrates how Snipp Interactive Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Snipp Interactive Inc (2010–2024)
The table below shows the annual net assets of Snipp Interactive Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.31 Million | -1.94% |
| 2023-12-31 | $6.43 Million | -31.12% |
| 2022-12-31 | $9.34 Million | +162.07% |
| 2021-12-31 | $3.56 Million | +140.83% |
| 2020-12-31 | $1.48 Million | -38.72% |
| 2019-12-31 | $2.41 Million | -73.98% |
| 2018-12-31 | $9.28 Million | +6.02% |
| 2017-12-31 | $8.75 Million | -4.09% |
| 2016-12-31 | $9.12 Million | -22.59% |
| 2015-12-31 | $11.79 Million | +3296.78% |
| 2014-12-31 | $-368.70K | -185.00% |
| 2013-12-31 | $433.77K | +218.65% |
| 2012-12-31 | $-365.57K | -887.45% |
| 2011-12-31 | $-37.02K | -105.83% |
| 2010-12-31 | $635.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Snipp Interactive Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3779222521.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.59 Million | 611.93% |
| Other Comprehensive Income | $5.65 Million | 89.58% |
| Total Equity | $6.31 Million | 100.00% |
Snipp Interactive Inc Competitors by Market Cap
The table below lists competitors of Snipp Interactive Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galleon Gold Corp
PINK:PNCKF
|
$9.17 Million |
|
Talius Group Ltd.
AU:TAL
|
$9.18 Million |
|
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
|
$9.18 Million |
|
Inventus Mining Corp
OTCGREY:GNGXF
|
$9.18 Million |
|
Aaron Industries Limited
NSE:AARON
|
$9.17 Million |
|
Dcon Products Public Company Limited
BK:DCON
|
$9.17 Million |
|
oodash Group AB (publ)
ST:OODA
|
$9.17 Million |
|
Prodigy Public Company Limited
BK:PDG
|
$9.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Snipp Interactive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,397,624 to 6,305,768, a change of -91,856 (-1.4%).
- Net loss of 1,005,471 reduced equity.
- Other comprehensive income increased equity by 466,837.
- Other factors increased equity by 446,778.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.01 Million | -15.95% |
| Other Comprehensive Income | $466.84K | +7.4% |
| Other Changes | $446.78K | +7.09% |
| Total Change | $- | -1.44% |
Book Value vs Market Value Analysis
This analysis compares Snipp Interactive Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.26x to 2.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.18 | $0.05 | x |
| 2011-12-31 | $-0.02 | $0.05 | x |
| 2012-12-31 | $-0.01 | $0.05 | x |
| 2013-12-31 | $0.01 | $0.05 | x |
| 2014-12-31 | $-0.01 | $0.05 | x |
| 2015-12-31 | $0.12 | $0.05 | x |
| 2016-12-31 | $0.07 | $0.05 | x |
| 2017-12-31 | $0.06 | $0.05 | x |
| 2018-12-31 | $0.04 | $0.05 | x |
| 2019-12-31 | $0.01 | $0.05 | x |
| 2020-12-31 | $0.01 | $0.05 | x |
| 2021-12-31 | $0.01 | $0.05 | x |
| 2022-12-31 | $0.03 | $0.05 | x |
| 2023-12-31 | $0.02 | $0.05 | x |
| 2024-12-31 | $0.02 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Snipp Interactive Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.42%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.41x
- Recent ROE (-15.95%) is above the historical average (-40.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -19.36% | 0.00% | 0.00x | 1.02x | $-186.60K |
| 2011 | 0.00% | -4.15% | 3.82x | 0.00x | $-12.04K |
| 2012 | 0.00% | -437.21% | 0.46x | 0.00x | $-2.20 Million |
| 2013 | 17.43% | 8.69% | 1.06x | 1.89x | $32.22K |
| 2014 | 0.00% | -72.01% | 1.42x | 0.00x | $-2.53 Million |
| 2015 | -26.45% | -26.22% | 0.69x | 1.46x | $-4.30 Million |
| 2016 | -93.97% | -76.38% | 0.71x | 1.74x | $-9.49 Million |
| 2017 | -50.78% | -34.50% | 0.97x | 1.51x | $-5.32 Million |
| 2018 | -33.37% | -25.48% | 0.95x | 1.38x | $-4.02 Million |
| 2019 | -290.88% | -81.24% | 1.27x | 2.81x | $-7.26 Million |
| 2020 | -89.43% | -15.22% | 1.39x | 4.24x | $-1.47 Million |
| 2021 | 59.87% | 13.96% | 2.05x | 2.09x | $1.78 Million |
| 2022 | -14.94% | -5.65% | 1.59x | 1.66x | $-2.33 Million |
| 2023 | -52.90% | -11.08% | 2.28x | 2.10x | $-4.02 Million |
| 2024 | -15.95% | -4.42% | 1.49x | 2.41x | $-1.64 Million |
Industry Comparison
This section compares Snipp Interactive Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Snipp Interactive Inc (SNIPF) | $5.30 Million | -19.36% | 1.91x | $9.17 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |