---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-024676"
form_type: "8-K"
ticker: "SBIG"
cik: "0001801602"
company_name: "SpringBig Holdings, Inc."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T10:11:31.067383+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SpringBig prelim Q2 rev $7.2M (+12% YoY); targets Adj. EBITDA profitability in Q3 2023

## Summary
- Preliminary Q2 revenue $7.2M (+12% YoY); Adj. EBITDA loss narrowed to $1.1M from $3.4M.
- H1 2023 revenue $14.4M (+14% YoY); Adj. EBITDA loss $2.5M vs $5.9M in H1 2022.
- FY 2023 guidance: revenue $31.0M-$32.5M; Adj. EBITDA loss of $(1.5)M-$(2.0)M; expects profitability in H2.
- Completed $4.0M equity offering on May 31; restructured convertible notes; executives invested $0.7M.
- Launched 'Subscriptions by springbig' VIP loyalty program; several retailers signed contract amendments.

## SEC filing metadata
- accession: 0001628280-23-024676
- form_type: 8-K
- ticker: SBIG
- cik: 0001801602
- company_name: SpringBig Holdings, Inc.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/form8-kxprelimq22023results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-024676
- JSON: https://secwatch.observer/filing/0001628280-23-024676.json
- Plain text: https://secwatch.observer/filing/0001628280-23-024676.txt

## Key facts
- Earnings Releases
  SpringBig Holdings, Inc. reported the three months ended June 30, 2023 results: revenue $7.2 million.
  - Period: the three months ended June 30, 2023
  - Revenue: $7.2 million
  - Result: preliminary results
  source text: Revenues for the three months ended June 30, 2023, are expected to be $7.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm
- Earnings Releases
  SpringBig Holdings, Inc. reported the six months ended June 30, 2023 results: revenue $14.4 million.
  - Period: the six months ended June 30, 2023
  - Revenue: $14.4 million
  - Result: preliminary results
  source text: For the first half of the fiscal year, revenues have increased by 14% year-on-year to $14.4 million and Adjusted EBITDA loss has been reduced by 58% to $2.5 million compared with $5.9 million in the same six-month period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm
- Earnings Releases
  SpringBig Holdings, Inc. reported the year ending December 31, 2023 results: revenue $31.0 million to $32.5 million. Guidance initiated.
  - Period: the year ending December 31, 2023
  - Revenue: $31.0 million to $32.5 million
  - Guidance: initiated
  - Result: guidance update
  source text: For the year ending December 31, 2023, springbig currently expects revenue in the range of $31.0 million to $32.5 million, representing 19% growth at the mid-point, and an Adjusted EBITDA loss in the range of $(1.5) million to $(2.0) million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.