SpringBig Reports 6% Sales Gain
SpringBig (OTC:SBIG), a software provider specializing in loyalty marketing platforms for cannabis retailers and brands, released its earnings results for Q2 2025 on August 14, 2025. The most notable news: Revenue (GAAP) surpassed expectations, reaching $5.8 million versus an analyst estimate of $5.5 million, marking a sequential increase but still a decline from last year. Earnings per share (GAAP) came in at $(0.02), missing the estimate by $(0.01). While Adjusted EBITDA remained positive and SpringBig reported positive cash flow from operations (GAAP) of $0.2 million, total revenue (GAAP) and subscription revenue (GAAP) continued their year-over-year decline, and the net loss (GAAP) widened. The period highlighted progress in operational efficiency and cost control, but challenges with revenue growth and ongoing losses persisted.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q3 2024 earnings report.
SpringBig is a technology company serving cannabis retailers and brands with marketing software. Its platform provides businesses in highly regulated industries with tools for digital loyalty programs, customer feedback, and automated SMS and email marketing. The company mainly generates revenue through recurring subscription fees, which makes recurring revenue a central metric for assessing its business health.
Source Fool.com
