UpSnap, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 27, 2022 at 05:33 pm EDT
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UpSnap, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CAD 0.225 million compared to CAD 0.306 million a year ago. Net loss was CAD 0.137 million compared to CAD 0.038 million a year ago.
UpSnap, Inc. is a Canada-based company, which provides mobile advertising solutions to both large brands and small businesses. The Company offers its advertising services to national brands on a campaign basis and to small businesses on a monthly subscription basis. Its advertising solutions include video advertisements, social media advertisements and digitally retargeted direct mail ads that have traditionally only been affordable to large businesses. Its intentional direct mail service allows advertisers, such as small businesses and brands to intensify their digital marketing by programmatically mailing customized direct mail postcards to potential customers that engage with the advertiserâs website or mobile advertisements. In addition to its direct mail and mobile advertising services, it provides software and services, which allow customers to perform voice and data searches in business directories. It sells these subscriptions through a reseller network.