earnings
confidence high
sentiment negative
materiality 0.65
SpringBig Q2 revenue $6.6M (+13% YoY); adjusted EBITDA loss widens to $(3.6)M
SpringBig Holdings, Inc.
2022-Q2 EPS reported
-$0.29
revenue$12,948,000
- Total revenue $6.6M, up 13% YoY and 3% QoQ.
- Subscription revenue up 35% YoY; net dollar retention rate 114%.
- Added 509 new retail locations, total over 2,800.
- Adjusted EBITDA loss $(3.6)M vs $(1.3)M in prior year.
- Cash $14M; basic EPS $(0.14); targeting EBITDA breakeven in 2023.