Snipp Interactive Inc

Snipp Interactive Inc has a liquidity risk score of medium, with a current ratio of 0.99, indicating that its current liabilities slightly exceed its current assets. The company's debt-to-equity ratio is 0.08, suggesting a relatively low level of leverage. However, the company's free cash flow is negative at -1,132,890, and capital expenditures are -1,232,520, indicating that it is investing in growth but not generating sufficient cash to cover these expenses. In terms of profitability, the company reported a net loss of 1,005,470 and an operating loss of 1,341,630, with a return on equity of -15.95% and a return on assets of -6.61%. These figures are below the industry median for return on equity and return on assets, which are typically positive for firms in the advertising and marketing sector. Snipp Interactive Inc operates in a single business segment, with no disclosed geographic revenue concentration. The company's revenue is entirely attributed to its core advertising and marketing services. There is no indication of significant geographic diversification or segment-specific performance metrics in the latest financial data. The company's growth trajectory is uncertain, with no specific revenue growth or decline percentages provided in the latest financial data. The negative operating and net income suggest that the company is not currently generating profits, which could impact its ability to sustain operations and invest in future growth. The company's capital expenditures indicate ongoing investment, but the negative free cash flow suggests that these investments are not yet yielding positive returns. The risk assessment for Snipp Interactive Inc highlights a medium liquidity risk and a low dilution risk. The company's key financial flags include a negative net cash position after subtracting total debt, which could affect its ability to meet short-term obligations. The company has not disclosed any recent dilutive events, and the dilution risk is currently low. There are no recent events or filings disclosed in the latest financial data that would significantly impact the company's operations or financial position. The company's financial statements do not mention any material legal proceedings, regulatory actions, or significant business developments in the most recent reporting period.