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Snakk Media (SNK), which connects brands to mobile audiences, has announced that its Q117 gross margin was 67%, its highest ever result and well ahead of the annual target for 62%. The gross margin measure is one of four key operating milestones (KOMs) released on a quarterly basis. In addition, at just 12% in Q117, Snakk said it was comfortably inside its full year staff turnover target of 24%. However, the reported compensation to revenue ratio of 46% is higher than the full year target of 42% and the click-through rate of 0.95% for Q1 was a little below the full year target of 1.00%.

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