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Last $0.60 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

spendsmart networks inc (SSPC) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/15/14 - $1.49
52 Week Low
07/15/15 - $0.48
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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spendsmart networks inc (SSPC) Details

SpendSmart Networks, Inc., through its subsidiaries, provides proprietary loyalty systems, and a suite of digital engagement and marketing services to consumers and merchants. The company delivers and manages loyalty platforms, including merchant funded rewards, loyalty rewards tablet/kiosk, and proprietary rewards management systems; mobile marketing technology, such as text and email messaging, customer analytics and propensity marketing, patent pending ‘automated engagement’ engine, and Text2Win sweepstakes features; and enterprise level loyalty and mobile marketing consulting comprising monthly hands on reviews by its ‘Certified Masterminds’, campaign creation and optimization, and localized support. It also provides mobile and loyalty marketing services for small and medium sized businesses; personalized Website, e-commerce, and mobile app development services; and Web marketing tools and analytics. The company was formerly known as The SpendSmart Payments Company, Inc. and changed its name to SpendSmart Networks, Inc. in June 2014. SpendSmart Networks, Inc. was founded in 2007 and is headquartered in San Luis Obispo, California.

spendsmart networks inc (SSPC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $361.4K
Chief Financial Officer
Total Annual Compensation: --
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

spendsmart networks inc (SSPC) Key Developments

SpendSmart Networks, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

SpendSmart Networks, Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company's revenues were $2,146,784 compared to $666,639 for the first quarter of 2014, representing an increase of 222%. The increase in Revenue was primarily attributable to the increase in its licensee network and product offerings. Net loss for the quarter was $949,716 compared to a net loss of $3,300,680 for the first quarter of 2014.

SpendSmart Networks, Inc. Announces Executive Changes

On May 13, 2015, SpendSmart Networks, Inc. entered into an Employment Agreement with Bruce Neuschwander pursuant to which Mr. Neuschwander was appointed Chief Financial Officer of the Company effective May 19, 2015. Mr. Neuschwander replaces David Horin who resigned as Chief Financial Officer effective May 14, 2015. Mr. Horin will transition into a consulting role with the Company. Mr. Neuschwander, age 63, served as Controller and CFO for various startups for the past six years including Finis, Inc. and Eat Club. From 2005 to 2008, Mr. Neuschwander was Controller at Mblox and Taleo. Mr. Neuschwander held similar positions with other technology and software companies, including Nemerix, Unisys, and Centillium Communications.

SpendSmart Networks, Inc. Announces Earnings Results for the Year Ended December 31, 2014

SpendSmart Networks, Inc. announced earnings results for the year ended December 31, 2014. For the year, the company reported a net loss of $12,188,363 or $0.76 per share compared to a net loss of $14,096,278 or $1.56 per share for 2013. Operating revenues were $4,036,196.


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Price/Sales 2.0x
Price/Book 1.6x
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