SPAR Group (SGRP) Financial Statements

Price: $1.09
Market Cap: $25.56M
Avg Volume: 66.94K
Country: US
Industry: Specialty Business Services
Sector: Industrials
Beta: 0.475
52W Range: $1.06-3.12
Website: SPAR Group

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of SPAR Group.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$280.00M$280.00M$210.00M$210.00M$140.00M$140.00M$70.00M$70.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Revenue $262.75M $261.27M $255.72M $230.52M $252.88M $229.19M $181.38M $134.32M $119.28M $122.02M
Cost of Revenue $207.27M $210.26M $208.20M $185.33M $203.63M $184.90M $144.60M $104.78M $90.02M $91.67M
Gross Profit $55.48M $51.01M $47.52M $45.19M $49.25M $44.29M $36.78M $29.54M $29.26M $30.35M
Gross Profit Ratio 21.12% 19.52% 18.58% 19.60% 19.48% 19.32% 20.28% 21.99% 24.53% 24.87%
Research and Development Expenses $1.10M $1.20M $1.20M $1.20M $1.30M $1.20M $1.20M $1.20M $1.00M $895.00K
General and Administrative Expenses $33.66M $21.59M $27.48M $- $- $- $- $- $- $-
Selling and Marketing Expenses $9.47M $19.55M $9.30M $- $- $- $- $- $- $-
Selling General and Administrative Expenses $43.13M $41.13M $36.78M $33.34M $36.87M $38.45M $30.56M $25.24M $24.09M $25.31M
Other Expenses $1.85M $2.03M $2.08M $2.13M $2.19M $406.00K $401.00K $128.00K $243.00K $292.00K
Operating Expenses $46.08M $43.17M $38.86M $35.47M $39.06M $40.56M $32.69M $27.34M $26.00M $27.06M
Cost and Expenses $253.35M $253.42M $247.06M $220.79M $242.69M $225.46M $177.29M $132.12M $116.01M $118.73M
Interest Income $- $965.00K $585.00K $690.00K $1.05M $- $- $- $- $-
Interest Expense $1.92M $965.00K $585.00K $690.00K $1.05M $1.09M $337.00K $133.00K $214.00K $158.00K
Depreciation and Amortization $901.00K $2.68M $3.20M $4.18M $3.08M $2.11M $2.13M $2.10M $1.91M $1.75M
EBITDA $10.18M $8.55M $7.90M $14.14M $13.54M $6.24M $6.62M $4.43M $5.41M $5.33M
EBITDA Ratio 3.87% 3.27% 3.09% 6.13% 5.35% 2.72% 3.65% 3.30% 4.54% 4.37%
Operating Income $9.40M $8.33M $4.18M $9.72M $10.19M $3.73M $4.09M $2.20M $3.27M $3.29M
Operating Income Ratio 3.58% 3.19% 1.64% 4.22% 4.03% 1.63% 2.25% 1.64% 2.74% 2.70%
Total Other Income Expenses Net $-2.27M $-483.00K $-75.00K $-448.00K $-780.00K $-689.00K $64.00K $-5.00K $29.00K $134.00K
Income Before Tax $7.13M $4.90M $4.11M $9.27M $9.41M $3.04M $4.15M $2.20M $3.29M $3.42M
Income Before Tax Ratio 2.71% 1.88% 1.61% 4.02% 3.72% 1.33% 2.29% 1.64% 2.76% 2.81%
Income Tax Expense $2.36M $2.78M $2.11M $312.00K $3.58M $1.40M $2.98M $441.00K $819.00K $-948.00K
Net Income $3.90M $2.13M $2.00M $8.96M $5.83M $-1.55M $-923.00K $173.00K $892.00K $3.27M
Net Income Ratio 1.49% 0.81% 0.78% 3.89% 2.31% -0.68% -0.51% 0.13% 0.75% 2.68%
EPS $0.17 $0.10 $0.09 $0.42 $0.28 $-0.08 $-0.04 $0.01 $0.04 $0.16
EPS Diluted $0.16 $0.10 $0.09 $0.42 $0.28 $-0.08 $-0.04 $0.01 $0.04 $0.15
Weighted Average Shares Outstanding 23.33M 22.11M 21.27M 21.11M 20.92M 20.68M 20.62M 20.59M 20.56M 20.58M
Weighted Average Shares Outstanding Diluted 24.45M 22.11M 21.27M 21.16M 21.16M 20.68M 20.62M 21.31M 21.57M 21.83M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Equity$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Cash and Cash Equivalents $10.72M $9.35M $13.47M $15.97M $10.46M $7.11M $8.83M $7.32M $5.72M $4.38M
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $10.72M $9.35M $13.47M $15.97M $10.46M $7.11M $8.83M $7.32M $5.72M $4.38M
Net Receivables $56.64M $63.71M $54.17M $46.91M $49.30M $46.14M $35.96M $33.67M $23.20M $26.25M
Inventory $- $- $1 $- $- $- $- $471.00K $529.00K $464.00K
Other Current Assets $8.75M $7.86M $8.76M $3.63M $4.81M $1.88M $2.03M $1.30M $1.19M $1.33M
Total Current Assets $76.11M $80.92M $72.03M $66.52M $63.96M $55.13M $46.82M $42.76M $30.11M $31.96M
Property Plant Equipment Net $5.19M $4.23M $4.71M $5.70M $7.80M $2.95M $2.71M $2.54M $2.44M $2.17M
Goodwill $1.38M $1.71M $4.17M $3.76M $3.78M $3.79M $1.84M $1.85M $1.80M $1.80M
Intangible Assets $1.18M $2.04M $2.29M $2.25M $2.80M $3.33M $1.63M $2.34M $2.55M $3.15M
Goodwill and Intangible Assets $2.56M $3.75M $6.46M $6.01M $6.58M $7.12M $3.47M $4.19M $4.35M $4.95M
Long Term Investments $- $- $- $- $- $- $- $- $- $-
Tax Assets $4.69M $3.77M $4.47M $4.20M $1.88M $2.57M $3.06M $6.61M $5.89M $5.13M
Other Non-Current Assets $1.73M $1.93M $1.35M $1.60M $1.11M $1.32M $1.93M $1.14M $611.00K $353.00K
Total Non-Current Assets $14.17M $13.68M $16.99M $17.51M $17.37M $13.96M $11.17M $14.48M $13.29M $12.61M
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $90.28M $94.60M $89.02M $84.03M $81.33M $69.09M $57.99M $57.24M $43.41M $44.57M
Account Payables $9.49M $10.59M $8.94M $7.86M $9.19M $8.67M $7.34M $5.57M $2.98M $4.01M
Short Term Debt $21.90M $18.34M $12.06M $10.73M $11.76M $10.41M $6.84M $9.78M $476.00K $658.00K
Tax Payables $1.60M $2.66M $2.40M $6.05M $2.79M $2.96M $2.30M $2.17M $1.74M $2.34M
Deferred Revenue $- $2.40M $3.90M $1.80M $594.00K $620.00K $1.54M $1.30M $503.00K $659.00K
Other Current Liabilities $15.58M $32.05M $22.90M $29.56M $20.43M $19.85M $15.84M $10.95M $7.58M $7.84M
Total Current Liabilities $48.56M $54.55M $50.21M $42.91M $46.54M $42.52M $32.33M $32.15M $13.28M $15.50M
Long Term Debt $1.47M $1.98M $1.46M $2.50M $3.42M $1.81M $107.00K $4.00K $5.73M $5.86M
Deferred Revenue Non-Current $- $648.00K $-929.00K $-3.09M $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $728.00K $1.63M $4.09M $- $- $693.00K $2.39M $2.15M $1.54M
Other Non-Current Liabilities $- $- $- $- $- $- $- $- $- $-
Total Non-Current Liabilities $1.47M $1.98M $1.46M $2.50M $3.42M $1.81M $107.00K $4.00K $5.73M $5.86M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $50.03M $56.54M $51.67M $45.41M $49.96M $44.32M $32.43M $32.16M $19.01M $21.36M
Preferred Stock $7.00K $9.00K $- $- $- $- $- $- $- $-
Common Stock $232.00K $229.00K $213.00K $211.00K $211.00K $208.00K $207.00K $207.00K $207.00K $207.00K
Retained Earnings $10.61M $6.71M $7.44M $9.22M $5.83M $3.43M $4.98M $5.83M $5.66M $4.77M
Accumulated Other Comprehensive Income Loss $-3.34M $-4.94M $-5.03M $-3.91M $-3.60M $-3.64M $-1.69M $-4.00M $-2.87M $-1.56M
Other Total Stockholders Equity $20.72M $20.42M $17.13M $16.64M $16.51M $16.30M $16.16M $16.04M $15.70M $15.34M
Total Stockholders Equity $28.23M $22.43M $19.75M $22.16M $18.95M $16.30M $19.65M $18.09M $18.70M $18.76M
Total Equity $40.25M $38.06M $37.35M $38.62M $31.37M $24.77M $25.55M $25.08M $24.40M $23.21M
Total Liabilities and Stockholders Equity $90.28M $94.60M $89.02M $84.03M $81.33M $69.09M $57.99M $57.24M $43.41M $44.57M
Minority Interest $12.02M $15.63M $17.60M $16.46M $12.41M $8.48M $5.91M $6.99M $5.70M $4.45M
Total Liabilities and Total Equity $90.28M $94.60M $89.02M $84.03M $81.33M $69.09M $57.99M $57.24M $43.41M $44.57M
Total Investments $-5.57M $- $- $- $- $- $- $- $- $-
Total Debt $23.37M $20.32M $13.52M $13.23M $15.18M $12.22M $6.95M $9.78M $6.21M $6.51M
Net Debt $12.65M $10.98M $50.00K $-2.74M $4.72M $5.11M $-1.88M $2.46M $489.00K $2.13M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00-$3.00M-$3.00M-$6.00M-$6.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$4.00M$4.00M$2.00M$2.00M$0.00$0.00-$2.00M-$2.00M-$4.00M-$4.00M-$6.00M-$6.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $3.90M $2.13M $2.00M $8.96M $5.83M $1.64M $1.18M $1.76M $2.48M $4.37M
Depreciation and Amortization $2.88M $2.68M $3.20M $4.18M $3.08M $2.11M $2.13M $2.10M $1.91M $1.75M
Deferred Income Tax $921.00K $994.00K $-520.00K $-654.00K $792.00K $-85.00K $1.64M $-429.00K $-207.00K $-1.70M
Stock Based Compensation $297.00K $346.00K $711.00K $136.00K $235.00K $186.00K $225.00K $329.00K $434.00K $655.00K
Change in Working Capital $- $-14.74M $-7.37M $-4.15M $-3.88M $-1.99M $1.49M $-2.76M $-105.00K $-3.10M
Accounts Receivables $3.23M $-11.24M $-7.30M $2.13M $-3.16M $-9.30M $-2.42M $-6.90M $2.79M $-4.79M
Inventory $- $- $- $- $- $-5.17M $-12.39M $-8.32M $-18.63M $-14.51M
Accounts Payables $-2.96M $1.72M $1.09M $-1.32M $530.00K $-144.00K $1.81M $1.85M $-1.10M $-256.00K
Other Working Capital $-2.82M $-5.22M $-1.16M $-4.97M $-1.25M $12.62M $14.50M $10.61M $16.83M $16.45M
Other Non Cash Items $-1.18M $3.55M $4.61M $330.00K $83.00K $196.00K $113.00K $347.00K $388.00K $115.00K
Net Cash Provided by Operating Activities $6.82M $-5.04M $2.63M $8.80M $6.15M $2.05M $6.77M $1.34M $4.89M $2.10M
Investments in Property Plant and Equipment $-1.24M $-1.80M $-1.72M $-1.60M $-1.38M $-1.62M $-1.45M $-1.55M $-1.57M $-1.33M
Acquisitions Net $- $-2.56M $- $- $- $767.00K $- $-401.00K $- $-375.00K
Purchases of Investments $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $-1.03M $2.56M $- $- $- $767.00K $-401.00K $-401.00K $- $-375.00K
Net Cash Used for Investing Activities $-2.27M $-1.80M $-1.72M $-1.60M $-1.38M $-855.00K $-1.45M $-1.96M $-1.57M $-1.70M
Debt Repayment $229.00K $7.89M $1.45M $133.00K $-333.00K $467.00K $-2.83M $3.58M $-24.00K $2.09M
Common Stock Issued $- $- $-123.00K $-2.00K $-19.00K $-52.00K $- $- $- $-
Common Stock Repurchased $- $-181.00K $- $- $- $- $-121.00K $-12.00K $-109.00K $-169.00K
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-3.25M $-4.22M $-123.00K $-2.00K $-1.64M $-266.00K $-2.19M $-156.00K $-526.00K $-395.00K
Net Cash Used Provided by Financing Activities $-3.02M $3.49M $1.33M $131.00K $-1.97M $201.00K $-5.13M $3.41M $-659.00K $1.52M
Effect of Forex Changes on Cash $-158.00K $-776.00K $-4.73M $-1.82M $549.00K $-3.11M $1.31M $-1.19M $-1.32M $-353.00K
Net Change in Cash $1.37M $-4.13M $-2.50M $5.51M $3.35M $-1.72M $1.50M $1.61M $1.34M $1.57M
Cash at End of Period $10.72M $9.35M $13.47M $15.97M $10.46M $7.11M $8.83M $7.32M $5.72M $4.38M
Cash at Beginning of Period $9.35M $13.47M $15.97M $10.46M $7.11M $8.83M $7.32M $5.72M $4.38M $2.81M
Operating Cash Flow $6.82M $-5.04M $2.63M $8.80M $6.15M $2.05M $6.77M $1.34M $4.89M $2.10M
Capital Expenditure $-1.24M $-1.80M $-1.72M $-1.60M $-1.38M $-1.62M $-1.45M $-1.55M $-1.57M $-1.33M
Free Cash Flow $5.58M $-6.84M $907.00K $7.20M $4.77M $428.00K $5.32M $-212.00K $3.31M $771.00K