Snipp Interactive Inc (SPN) - Net Assets
Based on the latest financial reports, Snipp Interactive Inc (SPN) has net assets worth CA$4.46 Million CAD (≈ $3.23 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$17.88 Million ≈ $12.93 Million USD) and total liabilities (CA$13.42 Million ≈ $9.71 Million USD). 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. Also explore Snipp Interactive Inc (SPN) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.46 Million |
| % of Total Assets | 24.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | 25.71% |
| 10-Year Change | -50.91% |
| Growth Volatility | 90.01 |
Snipp Interactive Inc - Net Assets Trend (2011–2025)
This chart illustrates how Snipp Interactive Inc's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Snipp Interactive Inc to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Snipp Interactive Inc (2011–2025)
The table below shows the annual net assets of Snipp Interactive Inc from 2011 to 2025. For live valuation and market cap data, see Snipp Interactive Inc (SPN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$4.48 Million ≈ $3.24 Million |
-28.98% |
| 2024-12-31 | CA$6.31 Million ≈ $4.56 Million |
-1.94% |
| 2023-12-31 | CA$6.43 Million ≈ $4.65 Million |
-31.12% |
| 2022-12-31 | CA$9.34 Million ≈ $6.75 Million |
+162.07% |
| 2021-12-31 | CA$3.56 Million ≈ $2.58 Million |
+140.83% |
| 2020-12-31 | CA$1.48 Million ≈ $1.07 Million |
-38.72% |
| 2019-12-31 | CA$2.41 Million ≈ $1.75 Million |
-73.98% |
| 2018-12-31 | CA$9.28 Million ≈ $6.71 Million |
+6.02% |
| 2017-12-31 | CA$8.75 Million ≈ $6.33 Million |
-4.09% |
| 2016-12-31 | CA$9.12 Million ≈ $6.60 Million |
-22.59% |
| 2015-12-31 | CA$11.79 Million ≈ $8.53 Million |
+3296.78% |
| 2014-12-31 | CA$-368.70K ≈ $-266.71K |
-185.00% |
| 2013-12-31 | CA$433.77K ≈ $313.78K |
+218.65% |
| 2012-12-31 | CA$-365.57K ≈ $-264.45K |
-887.45% |
| 2011-12-31 | CA$-37.02K ≈ $-26.78K |
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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 4036566500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$44.88 Million | 1002.24% |
| Total Equity | CA$4.48 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 |
|---|---|
|
Dundas Minerals Ltd
AU:DUN
|
$8.31 Million |
|
Cambium Bio Ltd
AU:CMB
|
$8.32 Million |
|
AUX Resources Corporation
V:AUX
|
$8.32 Million |
|
JOY SPREADER GROUP INC.
F:5YN
|
$8.32 Million |
|
Samyang Corp Preference Shares
KO:145995
|
$8.30 Million |
|
Victrex plc
LSE:VCT
|
$8.30 Million |
|
Spago Nanomedical AB
ST:SPAGO
|
$8.29 Million |
|
CYL Corporation Bhd
KLSE:7157
|
$8.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Snipp Interactive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,305,768 to 4,478,337, a change of -1,827,431 (-29.0%).
- Net loss of 2,475,563 reduced equity.
- Other factors increased equity by 648,132.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.48 Million | -55.28% |
| Other Changes | CA$648.13K | +14.47% |
| Total Change | CA$- | -28.98% |
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: 2.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$-0.02 | CA$0.04 | x |
| 2012-12-31 | CA$-0.01 | CA$0.04 | x |
| 2013-12-31 | CA$0.01 | CA$0.04 | x |
| 2014-12-31 | CA$-0.01 | CA$0.04 | x |
| 2015-12-31 | CA$0.12 | CA$0.04 | x |
| 2016-12-31 | CA$0.07 | CA$0.04 | x |
| 2017-12-31 | CA$0.06 | CA$0.04 | x |
| 2018-12-31 | CA$0.04 | CA$0.04 | x |
| 2019-12-31 | CA$0.01 | CA$0.04 | x |
| 2020-12-31 | CA$0.01 | CA$0.04 | x |
| 2021-12-31 | CA$0.01 | CA$0.04 | x |
| 2022-12-31 | CA$0.03 | CA$0.04 | x |
| 2023-12-31 | CA$0.02 | CA$0.04 | x |
| 2024-12-31 | CA$0.02 | CA$0.04 | x |
| 2025-12-31 | CA$0.02 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Snipp Interactive Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -55.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.25%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 3.02x
- Recent ROE (-55.28%) is below the historical average (-43.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -4.15% | 3.82x | 0.00x | CA$-12.04K |
| 2012 | 0.00% | -437.21% | 0.46x | 0.00x | CA$-2.20 Million |
| 2013 | 17.43% | 8.69% | 1.06x | 1.89x | CA$32.22K |
| 2014 | 0.00% | -72.01% | 1.42x | 0.00x | CA$-2.53 Million |
| 2015 | -26.45% | -26.22% | 0.69x | 1.46x | CA$-4.30 Million |
| 2016 | -93.97% | -76.38% | 0.71x | 1.74x | CA$-9.49 Million |
| 2017 | -50.78% | -34.50% | 0.97x | 1.51x | CA$-5.32 Million |
| 2018 | -33.37% | -25.48% | 0.95x | 1.38x | CA$-4.02 Million |
| 2019 | -290.88% | -81.24% | 1.27x | 2.81x | CA$-7.26 Million |
| 2020 | -89.43% | -15.22% | 1.39x | 4.24x | CA$-1.47 Million |
| 2021 | 59.87% | 13.96% | 2.05x | 2.09x | CA$1.78 Million |
| 2022 | -14.94% | -5.65% | 1.59x | 1.66x | CA$-2.33 Million |
| 2023 | -52.63% | -11.08% | 2.28x | 2.09x | CA$-4.03 Million |
| 2024 | -15.95% | -4.42% | 1.49x | 2.41x | CA$-1.64 Million |
| 2025 | -55.28% | -11.25% | 1.63x | 3.02x | CA$-2.92 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: $-379,688
- Average return on equity (ROE) among peers: -52.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Snipp Interactive Inc (SPN) | CA$4.46 Million | 0.00% | 3.01x | $8.31 Million |
| EQ Inc. (EQ) | $-2.35 Million | 0.00% | 0.00x | $48.33 Million |
| INEO Tech Corp (INEO) | $330.83K | -136.25% | 0.18x | $3.25 Million |
| Kidoz Inc (KIDZ) | $1.58 Million | -75.38% | 0.44x | $21.85 Million |
| Sabio Holdings Inc (SBIO) | $-1.08 Million | 0.00% | 0.00x | $1.99 Million |
About Snipp Interactive Inc
Snipp Interactive Inc. provides mobile marketing, rebate, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers receipt processing platform; promotions and contest management software; sweepstakes administration platform; digital coupon management platform; loyalty management system; digital rebate management system; channel loyalty platform; custome… Read more