SpringBig Holdings, Inc. operates a software platform that provides customer loyalty and marketing automation solutions to cannabis retailers and brands in the United States and Canada. The company's platform connects consumers with retailers and brands through SMS marketing, emails, customer feedback system, and loyalty programs to support retailers and brands customer engagement and retention. Its reporting and analytics offerings deliver insights that clients utilize to understand their customer base, purchasing habits, and trends. The company was founded in 2016 and is headquartered in Boca Raton, Florida.

SpringBig Holdings, Inc.

Springbig is the leading provider in customer loyalty and communications solutions for cannabis dispensaries and brands. With retailers across the United States, Springbig is helping dispensaries keep their customers connected and engaged while allowing them to track their inevitable success and ROI in real-time.

Tuatara Capital

TVC Capital

KEY Investment Partners

Jeffrey Harris

Altitude Investment Management

Service Provider Capital

Argonautic Ventures

Channel Equity Partners

HALLEY Venture Partners

Salex Capital

Green Acre Capital

Springbig

🎇 HELLO 2024! Happy New Year to you and yours, from all of us in the Springbig fam!

‘Tis the season of giving! 🎄How do YOU get in the Christmas Spirit?

#merrychristmas #christmastree #christmasspirit #springbig #happyholidays #santa #jolly

We are thrilled to announce the launch of our new 2-way integration with TechPOS, a collaboration that brings an enhanced level of convenience and efficiency to your loyalty and rewards program.

With this integration, you have the power to effortlessly reward your customers with personalized offers and promotions triggered by a variety of actions. The process is seamless, allowing your customers to redeem their rewards directly at the point of sale.

This integration not only simplifies reward redemption but also promises to elevate the customer experience by automating the reward process based on customer behavior and removing barriers from the checkout process, leading to increased operational efficiency and happier customers.

#Springbig #TechPOS #cannabis #cannabistech #integrations #loyaltyprograms #cannabisindustry

⚡ Ready for the Springbig 2023 Wrapped?
We're incredibly proud to see cannabis retailers across the US and Canada experiencing amazing results leveraging our platform this year, and we're looking forward to doing even more in 2024!

📲 2 Billion Messages Sent through our industry-leading, omni-channel communication suite helping retailers effectively and consistently stay connected with their customers.

👨💻 0 Hours of Platform Downtime in 2023 proves our commitment to providing a powerful, compliant, and dependable experience for retailers, brands, and their customers. 

💸 $7.5 Billion in Revenue Generated by our incredible retail partners, with meaningful attribution to help our retailers create data-driven loyalty, communication, and brand co-marketing campaigns. 

📅 The Top 5 Sales Days highlight which holidays are making the biggest impact on consumers spending habits for retailers using Springbig, and our Top 5 Autoconnects demonstrate how retailers are leveraging our intuitive automations to build a better customer journey.

🖥 35 Game Changing Platform Updates bring meaningful changes to our user experience, with new features such as Gift Cards, Subscriptions services, the Bonus Engine, our Audience Builder upgrades and so much more!

#Springbig #cannabismarketing #cannabistech #loyaltymarketing  #customerexperience #dataanalytics

We'd like to thank WASHINGTON CANNABUSINESS ASSOCIATION for inviting our Founder and CEO, Jeffrey Harris to the 2023 WACA Winter Symposium contribute to a panel discussion on how the ability to facilitate transactions empowers cannabis retail businesses are better positioned to serve their customers and their communities.

This is an exciting chance to have a meaningful conversation about significant hurdles the industry faces with payment processing, and how innovative payment technology can have a real impact!

With the launch of Springbig's own Gift Cards digital payment solution, we are actively invested in making cannabis transactions more convenient and more accessible. We look forward to being part of this important event.

📊 How does your market match up? Don't miss the November 2023 Monthly Market Breakdown! 

Below, get a look at key insights from last month's KPI analysis on North America's cannabis market. Click through the highlights to find out which states were top performers in November, and download the full report to get an even more detailed view, including top product categories!

To view the full report, click here: https://lnkd.in/e4vkpDg9

#marketingdata #analytics #salesanalysis #cannabismarketing #springbig

There is still time to sign up! Join Springbig + Cova Software tomorrow to learn some of the best tips for utilizing our most innovative tools and features in preparation for some of the biggest sales holidays in cannabis. 

Don't miss it- https://lnkd.in/eH7SEse6

Plus, learn strategies for getting even more out of this incredible integration in 2024.

Give your most loyal customers an easy way to pay, share, and celebrate with their friends at your stores- just in time for the holidays! Check out this quick introduction to ⚡ GIFT CARDS, the HIGHLY anticipated enhancement now available with Springbig.

Let your customers make purchases, manage funds, and send digital gift cards to their friends- all right from their phone. Boost enrollments, engage with loyal members, and give everyone another way to share their holiday spirit. 

#CannabisIndustry #GiftCards #HolidaySeason #CannabisBusiness

We're in high spirits as we launch our highly anticipated Gift Cards enhancement for our cannabis retail partners just in time for the holiday season 🦃🎄🕎

Tis the season of giving, so give your customers an easy and engaging way to pay, share and celebrate directly from their smartphones!

AI Marketing is on the move, and our CEO Jeffrey Harris is excited to give a talk tomorrow at The Dispo Growth Summit on how to leverage AI and other game-changing innovations to boost your cannabis sales!

Register today at https://lnkd.in/e3XwQpqG

This awesome online event will feature speakers from other industry leaders, including our partners at Range Marketing and Cova Software

#aimarketing #cannabismarketing #cannabisindustry

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	5.73M -	15.18M 164.87%	24.02M 58.23%	26.63M 10.84%	28.05M 5.34%
cost of revenue	2.09M -	4.98M 138.62%	6.93M 39.19%	6.70M 3.29%	6.49M 3.21%
gross profit	3.65M -	10.21M 179.89%	17.09M 67.51%	19.93M 16.57%	21.56M 8.21%
selling and marketing expenses	2.40M -	5.03M 109.33%	10.19M 102.56%	12.33M 21.09%	8.28M 32.88%
general and administrative expenses	1.41M -	2.39M 69.72%	5.03M 110.84%	12.54M 149.24%	13.62M 8.56%
selling general and administrative expenses	3.81M -	7.41M 94.70%	15.22M 105.23%	24.88M 63.47%	21.89M 11.99%
research and development expenses	2.17M -	4.39M 102.52%	8.41M 91.52%	11.35M 34.99%	8.01M 29.44%
other expenses
cost and expenses	8.06M -	16.78M 108.17%	30.56M 82.05%	42.93M 40.49%	36.39M 15.23%
operating expenses	5.98M -	11.81M 97.54%	23.63M 100.13%	36.23M 53.33%	29.90M 17.46%
interest expense				949K -	2.25M 136.78%
ebitda	-2.33M -	-1.58M 31.97%	-7.14M 351.31%	-15.71M 119.96%	-7.63M 51.38%
operating income	-2.33M -	-1.60M 31.31%	-6.53M 308.04%	-16.30M 149.54%	-8.34M 48.83%
depreciation and amortization	4.84K -	18.79K 287.78%	-608K 3,336.11%	595K 197.86%	681K 14.45%
total other income expenses net	3.72K -	2.84K 23.65%	784K 27,534.83%	3.23M 311.61%	334K 89.65%
income before tax	-2.33M -	-1.60M 31.32%	-5.75M 259.70%	-13.07M 127.44%	-10.23M 21.75%
income tax expense	-3.72K -	-2.84K 23.65%	2K 170.50%	3K 50%	4K 33.33%
net income	-2.32M -	-1.60M 31.33%	-5.75M 260.46%	-13.08M 127.41%	-10.23M 21.74%
weighted average shs out	25.29M -	25.29M 0%	25.29M 0%	22.29M 11.87%	36.15M 62.18%
weighted average shs out dil	25.29M -	25.29M 0%	25.29M 0%	22.29M 11.87%	36.15M 62.18%
eps	-0.09 -	-0.06 31.34%	-0.23 264.50%	-0.59 156.52%	-0.28 52.54%
epsdiluted	-0.09 -	-0.06 31.34%	-0.23 264.50%	-0.59 156.52%	-0.28 52.54%

NASDAQ:SBIG

SpringBig Holdings, Inc.

Last Close

0.14

26/07 20:00

Market Cap

6.17M

Beta: 2.14

Volume Today

900

Avg: 90.59K

PE Ratio

−0.44

PFCF: −0.99

Preview