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Upturn AI SWOT - About
SpringBig Holdings Inc. (SBIGW)
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Upturn Advisory Summary
08/12/2024: SBIGW (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -57.14% | Avg. Invested days 19 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/12/2024 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 2.71 | 52 Weeks Range 0.00 - 0.03 | Updated Date 06/26/2025 |
52 Weeks Range 0.00 - 0.03 | Updated Date 06/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.22 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -12.81% | Operating Margin (TTM) -7.74% |
Management Effectiveness
Return on Assets (TTM) -5.84% | Return on Equity (TTM) -82.23% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 27597900 |
Shares Outstanding - | Shares Floating 27597900 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
SpringBig Holdings Inc.
Company Overview
History and Background
SpringBig Holdings Inc. (SBIG) provides marketing and loyalty solutions to the cannabis industry. Founded in 2012, it has grown to be a leading provider of CRM and marketing automation tools for cannabis retailers.
Core Business Areas
- CRM and Loyalty Programs: Offers customer relationship management (CRM) software, loyalty programs, and marketing automation tools specifically designed for the cannabis industry.
- SMS Marketing: Provides SMS marketing solutions to help cannabis retailers engage with customers and promote products and offers.
- Data Analytics: Offers data analytics and reporting to help cannabis retailers understand customer behavior and optimize their marketing efforts.
Leadership and Structure
Jeffrey Harris is the CEO. The organizational structure is typical of a tech company with departments for product development, sales, marketing, and customer support.
Top Products and Market Share
Key Offerings
- Loyalty & Marketing Automation Platform: SpringBig's core product is a comprehensive platform for loyalty programs, CRM, and marketing automation for cannabis retailers. While precise market share data is limited, SpringBig claims to serve a significant portion of the cannabis retail market. Competitors include Dutchie, Jane Technologies, and Baker Technologies (acquired by DrivenIQ).
- Users: Serves over 1,400 cannabis retailers across the United States and Canada, reaching millions of consumers.
- Revenue: Contributes a significant portion of SpringBig's revenue and is integral to customer engagement and targeted marketing campaigns.
- SMS Marketing Solutions: SpringBig provides SMS marketing services tailored to the cannabis industry. They offer SMS messaging, automated campaigns, and customer segmentation. Competitors include Attentive Mobile, Klaviyo, and other general SMS marketing platforms but tailored for the cannabis industry.
Market Dynamics
Industry Overview
The cannabis industry is rapidly growing and increasingly competitive. Retailers need effective marketing and customer loyalty solutions to stand out. Regulatory compliance adds complexity.
Positioning
SpringBig is a leading player in the cannabis CRM and marketing automation space. Its competitive advantage lies in its industry-specific expertise and comprehensive platform.
Total Addressable Market (TAM)
The TAM for cannabis marketing technology is estimated to be in the hundreds of millions, potentially billions, of dollars annually, growing with the cannabis industry. SpringBig is well-positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Industry-specific expertise
- Comprehensive platform
- Established customer base
- Strong regulatory compliance expertise
Weaknesses
- Small company size relative to potential competitors
- Reliance on the cannabis industry's regulatory environment
- Limited brand recognition outside the cannabis industry
Opportunities
- Expansion into new markets
- Development of new products and services
- Partnerships with other cannabis industry players
- Acquisition of competitors
Threats
- Increasing competition
- Changes in cannabis regulations
- Economic downturn
- Security breaches and data privacy concerns
Competitors and Market Share
Key Competitors
- Dutchie (Private)
- Jane Technologies (Private)
- DrivenIQ (Private)
Competitive Landscape
SpringBig's advantage is its dedicated focus on the cannabis industry, but it competes with larger, more diversified technology companies. They have a disadvantage compared to the larger, more diversified technology companies.
Growth Trajectory and Initiatives
Historical Growth: SpringBig has experienced rapid growth in revenue due to the expansion of the legal cannabis market.
Future Projections: Future growth is dependent on the continued expansion of the cannabis market and SpringBig's ability to capture market share.
Recent Initiatives: SpringBig's recent initiatives involve expanding its product offerings, such as incorporating new marketing tools and integrations with other platforms.
Summary
SpringBig is a promising company operating in the high-growth cannabis industry. The company's industry-specific expertise and CRM platform are key strengths. It needs to navigate regulatory challenges and face competition from larger firms. Successful execution of expansion plans will be crucial for continued growth and shareholder value. Financial performance needs to improve to reduce losses.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Press Releases
- Industry Reports
- Third Party Analyst Data
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SpringBig Holdings Inc.
Exchange NASDAQ | Headquaters Boca Raton, FL, United States | ||
IPO Launch date 2021-04-05 | CEO, President & Director Mr. Jaret P. Christopher | ||
Sector Technology | Industry Software - Application | Full time employees 67 | Website https://springbig.com |
Full time employees 67 | Website https://springbig.com | ||
SpringBig Holdings, Inc. develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation solutions to retailers and brands. The company was founded in 2016 and is headquartered in Boca Raton, Florida.
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