📊 SBIGW Key Takeaways
Is SpringBig Holdings, Inc. (SBIGW) a Good Investment?
SpringBig is in acute financial distress with negative stockholders' equity of -$12.5M, indicating the company is technically insolvent on a balance sheet basis. Revenue has declined 7.4% YoY while net income has collapsed 73.1%, resulting in a deeply negative -14.2% net margin and operating cash flow insufficient to service $9.2M in debt. The 70% gross margin suggests underlying business viability, but severe operational underperformance and liquidity crisis (0.54x current ratio) create existential financial risk.
SpringBig Holdings, Inc. Key Strengths (SBIGW)
- Strong 70% gross margin indicates pricing power and product-market fit in core services
- Positive free cash flow of $321K suggests some underlying operational cash generation despite losses
- Computer programming services sector has structural growth tailwinds
SBIGW Stock Risks: SpringBig Holdings, Inc. Investment Risks
- Critical: Negative stockholders' equity of -$12.5M indicates technical insolvency and elimination of equity buffer
- Severe liquidity crisis: Current ratio of 0.54x means only $0.54 of current assets per $1 of current liabilities
- Revenue declining -7.4% YoY concurrent with -73.1% net income deterioration indicates loss of pricing leverage and/or volume
- Operating margin of -7.6% and negative interest coverage of -1.3x indicate operating losses exceed debt service capacity
- High debt/asset ratio ($9.2M debt vs $4.6M assets) leaves no capacity for operational disruptions
- Zero insider Form 4 activity in 90 days suggests lack of management confidence in recovery
Key Metrics to Watch
- Path to positive stockholders' equity - restructuring plan or capital infusion required
- Revenue stabilization and return to growth - current -7.4% decline is unsustainable
- Operating margin improvement - must achieve profitability to service debt and rebuild equity
- Cash burn rate and liquidity runway - current cash position of $1.5M at risk
- Debt refinancing or covenant compliance - negative equity may trigger default provisions
SpringBig Holdings, Inc. (SBIGW) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 1.4% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
SBIGW Profit Margin, ROE & Profitability Analysis
SBIGW vs Technology Sector: How SpringBig Holdings, Inc. Compares
How SpringBig Holdings, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SpringBig Holdings, Inc. Stock Overvalued? SBIGW Valuation Analysis 2026
Based on fundamental analysis, SpringBig Holdings, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SpringBig Holdings, Inc. Balance Sheet: SBIGW Debt, Cash & Liquidity
SBIGW Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SpringBig Holdings, Inc.'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $-0.04 indicates the company is currently unprofitable.
SBIGW Revenue Growth, EPS Growth & YoY Performance
SBIGW Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2024 | $6.6M | -$230.0K | $-0.01 |
| Q1 2024 | $6.5M | $417.0K | $0.01 |
| Q3 2023 | $6.9M | -$2.7M | $-0.07 |
| Q2 2023 | $6.5M | -$2.0M | $-0.06 |
| Q1 2023 | $6.2M | -$2.3M | $-0.08 |
| Q3 2022 | $6.1M | -$658.0K | $-0.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SpringBig Holdings, Inc. Dividends, Buybacks & Capital Allocation
SBIGW SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SpringBig Holdings, Inc. (CIK: 0001801602)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SBIGW
What is the AI rating for SBIGW?
SpringBig Holdings, Inc. (SBIGW) has an AI grade of D with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SBIGW's key strengths?
Claude: Strong 70% gross margin indicates pricing power and product-market fit in core services. Positive free cash flow of $321K suggests some underlying operational cash generation despite losses.
What are the risks of investing in SBIGW?
Claude: Critical: Negative stockholders' equity of -$12.5M indicates technical insolvency and elimination of equity buffer. Severe liquidity crisis: Current ratio of 0.54x means only $0.54 of current assets per $1 of current liabilities.
What is SBIGW's revenue and growth?
SpringBig Holdings, Inc. reported revenue of $22.8M.
Does SBIGW pay dividends?
SpringBig Holdings, Inc. does not currently pay dividends.
Where can I find SBIGW SEC filings?
Official SEC filings for SpringBig Holdings, Inc. (CIK: 0001801602) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SBIGW's EPS?
SpringBig Holdings, Inc. has a diluted EPS of $-0.07.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is SBIGW's fundamental grade?
Based on our AI fundamental analysis in June 2026, SpringBig Holdings, Inc. has a D grade with 92% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SBIGW stock overvalued or undervalued?
Valuation metrics for SBIGW: ROE of N/A (sector avg: 22%), net margin of -14.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is SBIGW's AI grade for 2026?
Our dual AI analysis gives SpringBig Holdings, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SBIGW's free cash flow?
SpringBig Holdings, Inc.'s operating cash flow is $361.0K, with capital expenditures of $40.0K. FCF margin is 1.4%.
How does SBIGW compare to other Technology stocks?
Vs Technology sector averages: Net margin -14.2% (avg: 18%), ROE N/A (avg: 22%), current ratio 0.54 (avg: 2.5).