Platform-as-a-Service company Snipp Interactive (OTCPK:SNIPF) (TSXV:SPN:CA) said its Q3 revenue increased by more than 45% Y/Y to be over $7.5M.
The company said it is in the process of finalizing its Q3 financial results.
The Q3 revenue would be the company's highest ever recorded quarterly revenue. Meanwhile, revenue for the nine months ended Sep. 30 is expected to increase by over 55% on a yearly basis.
EBITDA is expected to be positive.
EBITDA for the nine months ended Sep. 30 is forecast to be greater than $600K.