Snipp Interactive Inc. | CIK:0001613092 | 3

  • Filed: 4/30/2018
  • Entity registrant name: Snipp Interactive Inc. (CIK: 0001613092)
  • Generator: Advanced Computer Innovations
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1613092/000121716018000074/0001217160-18-000074-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1613092/000121716018000074/snip-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001613092
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  • ifrs-full:DisclosureOfOperatingSegmentsExplanatory

    4          SEGMENTED INFORMATION

     

    IFRS 8 “Operating Segments” defines an operating segment as i) a component of an entity that engages in business activities from which it may earn revenues and incur expenses; ii) whose operating results are regularly reviewed by the entity’s chief operating decision maker to make decisions about resources to be allocated to the segment and to assess its performance; and iii) for which discrete financial information is available.

     

    The Company’s management and chief operating decision maker reviews performance of the Company on a consolidated basis and has integrated its products and services as one operating segment, which provides a full suite of mobile marketing and loyalty services in the United States, Ireland and internationally.

     

    Geographic information

     

    The Company has one operating segment, which provides a full suite of mobile marketing and loyalty services in the United States, Ireland and internationally.

     

    For the Company’s geographically segmented non-current assets (equipment and intangible assets, including goodwill), the Company has allocated based on location of assets as follows:

     

     

     

    December 31,

    2017

    December 31,

    2016

     

     

     

     

     

     

     

    United States

    $       5,950,539

    $      6,869,660

     

    Ireland

    1,386,645

    1,241,297

     

    International

    1,194,119

               822,598

     

    Total

    $       8,531,303

    $      8,933,555

     

    For the Company’s geographically segmented revenue, the Company has allocated revenue based on the location of the customer, as follows:

     

     

     

    Year

    Ended

    December 31,

    2017

    Year

    Ended

    December 31,

    2016

    Year

    Ended

    December 31,

    2015

     

     

     

     

     

     

    United States

    $   10,915,948

    $    9,134,602

    $  10,129,362

     

    Ireland

    838,422

    855,846

    1,110,136

     

    International

    1,124,649

    1,233,279

    650,733

     

    Total

    $   12,879,019

    $  11,223,727

    $  11,890,231