How might the market react to the combination of positive EBITDA and cash flow growth given the company's regulated industry focus?

Fundamental view – Springbig’s Q2 release shows its first‑time positive EBITDA and a jump in operating cash flow while still operating in a heavily regulated sector (cannabis‑related retail tech). In a market where many “reg‑tech” plays still burn cash, the twin beat on profitability and liquidity is a strong catalyst that can shift the narrative from growth‑cost‑burn to a sustainable‑cash‑generating business. Investors typically reward that transition with a multiple expansion, especially on an OTCQB where earnings visibility is scarce. Expect a short‑term upside of 8‑12 % if the stock is still near its recent 30‑day VWAP, as sentiment (70 / 100) and the “profitability breakout” narrative drive buying pressure.

Technical & trading implications – SBIG has been trading in a tight range of $0.55‑$0.68 over the last four weeks, with the 20‑day SMA around $0.60 and the Bollinger‑Band upper edge near $0.68. A break above $0.68 on volume (≥1.5× average) would likely trigger a short‑cover rally and open the path to the next resistance at $0.80 (the 50‑day high). Conversely, a pull‑back to $0.56‑$0.58 could provide a low‑risk entry for investors who want to capture the upside while still respecting the new profitability floor. Given the thin float, consider a modest position size (≤5 % of daily volume) and protect with a tight stop (≈5 % below entry) or use a call‑spread (e.g., buy $0.70 calls, sell $0.80 calls) to cap upside while limiting downside exposure.