---
schema_version: "secwatch.filing_event.v1"
accession: "0001801602-23-000005"
form_type: "8-K"
ticker: "SBIG"
cik: "0001801602"
company_name: "SpringBig Holdings, Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T07:28:16.081208+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SpringBig Q4 2022 revenue $6.8M (+2% YoY); net loss widens to $4.5M; guides Q1 rev $7.1-7.4M

## Summary
- Q4 rev $6.8M (+2% YoY); subscription rev +33%; net loss $4.5M vs $2.5M; adj EBITDA loss $3.2M vs $2.1M.
- FY 2022 rev $26.6M (+14%); subscription rev $20.4M (+38%); net loss $13.1M vs $5.8M; adj EBITDA loss $12.6M vs $5.5M.
- Cash $3.5M; CFO notes potential supplemental capital raise to support growth.
- Q1 2023 guidance: rev $7.1-7.4M (+17% mid); adj EBITDA loss $1.2-1.4M. FY23 rev $31-34M; adj EBITDA loss $1.5-3.0M; targeting EBITDA breakeven.
- Net dollar retention 105%; over 3,000 retail locations; $7.5B GMV from clients in 2022.

## SEC filing metadata
- accession: 0001801602-23-000005
- form_type: 8-K
- ticker: SBIG
- cik: 0001801602
- company_name: SpringBig Holdings, Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000005/0001801602-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000005/wdq-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801602-23-000005
- JSON: https://secwatch.observer/filing/0001801602-23-000005.json
- Plain text: https://secwatch.observer/filing/0001801602-23-000005.txt

## Key facts
- Earnings Releases
  SpringBig Holdings, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue $6.8 million, net income $(4.5) million, EPS $(0.17). Guidance reaffirmed.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: $6.8 million
  - Net income: $(4.5) million
  - EPS: $(0.17)
  - Guidance: reaffirmed
  - Result: reported results
  source text: industry, today announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights: • Revenue* increased to $6.8 million, up 2% year-on-year • Subscription revenue was up 33% year-on-year • Net dollar retention rate was 105% for the twelve months ended December 31, 2022 • Gross profit was $5.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000005/0001801602-23-000005-index.htm

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