Last $1.25 USD
Change Today +0.05 / 4.17%
Volume 9.1K
SSPC On Other Exchanges
As of 8:10 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

spendsmart networks inc (SSPC) Snapshot

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Day High
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52 Week High
04/8/14 - $3.34
52 Week Low
03/12/14 - $0.71
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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spendsmart networks inc (SSPC) Details

SpendSmart Networks, Inc. issues prepaid cards to young people and their parents in the United States and internationally. The company is involved in developing various payment solution options to serve the various needs of demographic groups and business verticals. It provides prepaid card products primarily to parents, which enable them to link and communicate with younger cardholders. The company also offers digital engagement solutions, such as mobile loyalty program for small businesses; creating and managing customer engagement programs for merchants; and developing digital engagement strategies. In addition, it provides OffDayTrainer, a tool designed to enhance what a trainer does. SpendSmart Networks, Inc. markets its products online, in traditional retail settings, and with strategic partners to the public as a convenient and safe youth payment system. The company was formerly known as The SpendSmart Payments Company, Inc. and changed its name to SpendSmart Networks, Inc. in June 2014. SpendSmart Networks, Inc. was founded in 2007 and is headquartered in Des Moines, Iowa.

spendsmart networks inc (SSPC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: --
President and Director
Total Annual Compensation: $306.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: --
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

spendsmart networks inc (SSPC) Key Developments

SpendSmart Networks, Inc. Announces Resignation of Michael R. McCoy as a Director

Effective August 21, 2014, Michael R. McCoy resigned from his position as a director of SpendSmart Networks, Inc. Mr. McCoy resigned from his post as director in order to pursue other business opportunities. Mr. McCoy's departure from the Board was not the result of any disagreements with the company. The Board noted that it has been privilege to work with Mr. McCoy on both a personal and professional basis and thanked him for his valuable service to the company.

The SpendSmart Payments Company Approves Amendment to it’s Articles of Incorporation

Effective as of June 20, 2014, The SpendSmart Payments Company announced that at the annual general meeting held on June 16, 2014, approved the change to the company’s articles of incorporation for changing the name of the company from ‘The SpendSmart Payments Company’ to ‘SpendSmart Networks, Inc’.

the Spendsmart Payments Company, Inc. to Approve a Change to the Articles of Incorporation

The SpendSmart Payments Company, Inc. announced that its shareholders at the Annual General Meeting to be held on June 16, 2014 will consider and approve a change to the company’s Articles of Incorporation changing the name of the company from The SpendSmart Payments Company to SpendSmart Networks, Inc.


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Valuation SSPC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 7.3x
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 5.1x

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