BOCA RATON, Fla., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Springbig, the AI powered marketing platform trusted by leading regulated retailers and brands, today announced the launch of Face ID authentication for gated links, a major upgrade that makes accessing compliant SMS offers as effortless as unlocking your phone. With Face ID enabled, consumers can open gated content in seconds, eliminating friction at the moment of engagement and creating a faster, more intuitive path from notification to offer. The result ...

Core Insights - SpringBig Holdings, Inc. reported a positive net income of $0.2 million for Q3 2025, marking a significant turnaround from a net loss of $1.1 million in Q2 2025, driven by operational strength and expense control [2][6][20] - The company achieved revenue of $5.9 million, which remained flat compared to Q2 2025, with gross margin above 70% [2][6] - SpringBig's focus on AI-driven marketing solutions has led to improved customer engagement and revenue growth, reinforcing its position in the MarTech industry [2][5] Financial Highlights - Revenue for Q3 2025 was $5.9 million, compared to $5.8 million in Q2 2025 and $6.1 million in Q3 2024 [6] - Gross profit was $4.1 million, resulting in a gross margin of 71%, down from 74% in Q2 2025 [6] - Operating income improved to $0.6 million from a loss of $0.7 million in Q2 2025 [6] - Adjusted EBITDA remained positive for the third consecutive quarter, reflecting lower operating costs and margin stability [6][25] Operational and Strategic Highlights - The integration of ViceCRM was completed, enhancing AI-driven campaign optimization capabilities [6] - Cost efficiencies were realized through the early termination of a lease, reducing long-term obligations by $2.4 million and monthly rent by 75% [6] - Over 80% of total revenue came from recurring subscription and platform fees, indicating predictable cash flows [6] Management Commentary - The CEO emphasized the company's commitment to execution, customer experience, and innovation, positioning SpringBig for sustained growth [2] - The CFO highlighted the importance of expense control and operational strength in achieving profitability [2] Financial Outlook - SpringBig expects to maintain positive Adjusted EBITDA for the full year 2025, with a focus on AI-driven product innovation and disciplined expense management [7]

Core Insights - SpringBig Holdings, Inc. reported financial results for Q2 2025, highlighting a turnaround with positive EBITDA momentum and improved cash flow [1][2][3] - The company is focused on enhancing customer retention and driving ROI through its AI-powered MarTech solutions [2][3] Financial Performance - Q2 2025 Adjusted EBITDA was positive at $0.3 million, consistent with the prior year, while year-to-date Adjusted EBITDA reached $0.6 million, reflecting a $0.1 million improvement year-over-year [8][9] - Revenue for Q2 2025 was $5.8 million, a 6% increase from Q1 2025 but a decline from $6.4 million in Q2 2024 [8][9] - Subscription revenue constituted 84% of total revenue at $4.9 million, down from $5.5 million in the previous year [9] - Operating expenses increased by 7% year-over-year to $5.1 million, while net loss for Q2 was $(1.1) million compared to $(0.6) million in the prior year [9][21] Operational Efficiency - The company achieved a cash flow from operations of $0.2 million, an improvement of $2.1 million year-over-year [8] - SpringBig has implemented cost reductions, including renegotiating vendor contracts and securing a more favorable lease, which reduced future lease obligations by $3.2 million [3][9] Market Position and Outlook - SpringBig is positioned to remain a leading solution in the AI-powered MarTech industry, focusing on long-term value creation for clients and shareholders [2][6] - The company enters the second half of 2025 with positive momentum, aiming to sustain Adjusted EBITDA growth and build a durable financial foundation [6][8]