- Snipp Interactive (TSXV:SPN) (OTC:SNIPF) delays fiscal 2024 financial statement filing, now expected by May 15, 2025.
- Delay due to ongoing testing of transactions, systems, and IT controls by auditors.
- The company maintains SOC 2 Type 2 and ISO 27001 certifications, indicating robust IT security.
Snipp Interactive Inc. (TSXV:SPN) (OTC:SNIPF), a leading Platform-as-a-Service company in the loyalty and promotions sector, has announced a delay in filing its audited financial statements for the fiscal year ending December 31, 2024. The company was unable to meet the April 30, 2025 deadline due to continued auditor evaluations of its transactions, systems, and IT control mechanisms.
CEO Atul Sabharwal emphasized that despite the delay, Snipp maintains its SOC 2 Type 2 and ISO 27001 certifications, confirming that its IT systems are subject to strict third-party assessments and confirm their robust security measures. The company anticipates completing the filing by May 15, 2025, and asserts that its operational capabilities and customer relationships remain strong and unaffected during this period.
Snipp is actively collaborating with its auditors to expedite the filing process and assures stakeholders that it will provide timely updates and notifications. The company highlighted that the delay in filing is not expected to alter its fundamental business performance or disrupt existing customer relationships.
Based in Vancouver, Canada, Snipp Interactive continues its global expansion, offering comprehensive solutions for customer acquisition, retention, and engagement through its proprietary SnippCARE platform. The company’s flexible modular platform supports diverse promotional and loyalty programs, crucial for its list of clientele, including several Fortune 500 companies.
