SPAR Group, Inc.

SGRP

SGRPSPAR Group, Inc. US flag

NASDAQ Capital Market

0.72

USD

-0.02

- -

18.16MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	74	99	112	122	119	134	181	229	253	231	256	261	46	164	136
+ Sales & Services Revenue	74	99	112	122	119	134	181	229	253	231	256	261	46	164	136
- Cost of Revenue	51	72	84	92	90	105	145	185	204	185	208	210	36	130	114
+ Cost of Goods & Services	51	72	84	92	90	105	145	185	204	185	208	210	36	130	114
Gross Profit	22	26	28	30	29	30	37	44	49	45	48	51	10	34	22
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	20	22	25	27	26	27	33	41	39	35	39	43	9	35	34
+ Selling, General & Admin	19	21	23	25	24	25	31	38	37	33	37	41	9	34	32
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1	1	1	2	2	2	2	2	2	2	2	2	- -	2	2
Operating Income (Loss)	3	4	3	3	3	2	4	4	10	10	9	8	1	-2	-12
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	- -	1	1	- -	5	3	- -	- -	8
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	2	2
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	2	2
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	2	- -	-2	6
Pretax Income	3	4	3	3	3	2	4	3	9	9	4	5	1	-2	-21
- Income Tax Expense (Benefit)	- -	- -	-1	-1	1	- -	3	1	4	- -	2	3	- -	- -	4
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	3	4	4	2	2	1	2	6	9	2	2	- -	-2	-25
- Net Extraordinary Losses (Gains)	- -	1	2	2	3	3	4	6	7	11	8	6	- -	2	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	-1	- -
+ Extraord. & Accounting Changes	- -	1	2	2	3	3	4	6	7	11	8	6	-1	3	- -
Income (Loss) Incl. MI	2	2	2	2	-1	-1	-3	-5	-1	-2	-6	-4	- -	-4	-25
- Minority Interest	- -	-1	-1	-1	-2	-2	-2	-3	-3	-6	-4	-3	- -	- -	- -
Net Income, GAAP	2	3	3	3	1	- -	-1	-2	2	3	-2	-1	1	-3	-25
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	3	3	3	1	- -	-1	-2	2	3	-2	-1	1	-3	-25
EBIT	3	4	3	3	3	2	4	4	10	10	9	8	1	-2	-12
EBITDA	4	5	4	5	5	4	6	6	13	14	12	11	4	- -	-10
EBITDA Margin (%)	5.38	5.15	3.93	4.13	4.33	3.2	3.43	2.55	5.25	6.03	4.64	4.03	7.97	0.16	-7.37
EBITA	3	4	3	3	3	2	4	4	10	10	9	8	1	-2	-12
Gross Margin (%)	30.6	26.77	24.65	24.87	24.53	21.99	20.28	19.32	19.48	19.6	18.58	19.52	22.22	20.53	15.94
Operating Margin (%)	3.92	3.98	2.59	2.7	2.74	1.64	2.25	1.63	4.03	4.22	3.39	3	2.09	-1.12	-8.92
Profit Margin (%)	3.01	2.97	2.99	2.68	0.75	0.13	-0.51	-0.68	0.96	1.46	-0.7	-0.28	1.39	-1.93	-18.09
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	1	2	2	2	2	2	3	4	3	3	3	2	2
Basic Weighted Avg Shares	20	20	20	21	21	21	21	21	21	21	21	22	23	24	24
Basic EPS, GAAP	0.11	0.14	0.16	0.16	0.04	0.01	-0.04	-0.07	0.12	0.16	-0.08	-0.03	0.03	-0.13	-1.04
Basic EPS from Cont Ops	0.12	0.17	0.2	0.21	0.12	0.09	0.06	0.08	0.28	0.42	0.09	0.1	0.02	-0.08	-1.04
Diluted Weighted Avg Shares	21	22	22	22	22	21	21	21	21	21	22	22	23	24	24
Diluted EPS, GAAP	0.1	0.14	0.15	0.15	0.04	0.01	-0.04	-0.07	0.11	0.16	-0.08	-0.03	0.03	-0.13	-1.04
Diluted EPS from Cont Ops	0.11	0.16	0.19	0.2	0.11	0.08	0.06	0.08	0.28	0.42	0.09	0.1	0.02	-0.08	-1.04

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	18	24	26	32	30	42	47	55	62	67	72	81	76	46	31
+ Cash, Cash Equivalents & STI	2	2	3	4	6	7	9	7	10	16	13	9	4	18	3
+ Cash & Cash Equivalents	2	2	3	4	6	7	9	7	10	16	13	9	4	18	3
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	15	21	22	26	23	34	36	46	49	47	54	64	43	25	27
+ Accounts Receivable, Net	12	18	18	21	20	28	29	35	39	38	44	54	38	12	18
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	4	3	3	6	3	6	7	11	11	9	10	10	5	13	9
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	1	1	1	2	2	2	4	4	8	29	3	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	4	5	9	13	13	13	11	14	17	18	17	14	14	10	13
+ Property, Plant & Equip, Net	2	2	2	2	2	3	3	3	8	6	5	4	5	3	8
+ Property, Plant & Equip	13	14	15	17	18	16	18	21	25	25	25	26	27	25	32
- Accumulated Depreciation	11	12	13	14	16	14	15	18	17	19	20	22	23	22	23
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2	3	7	10	11	10	8	11	10	12	12	9	10	8	4
+ Total Intangible Assets	2	3	4	5	4	4	3	7	7	6	6	4	2	2	2
+ Goodwill	1	2	2	2	2	2	2	4	4	4	4	2	1	1	1
+ Other Intangible Assets	1	1	2	3	3	2	2	3	3	2	2	2	1	1	1
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	3	5	7	6	5	4	3	6	6	6	7	6	3
Total Assets	22	29	34	45	43	55	58	69	80	84	89	95	90	56	44
+ Payables & Accruals	6	10	9	11	10	19	24	31	32	30	30	34	13	12	15
+ Accounts Payable	2	4	4	4	3	6	7	9	9	8	9	11	5	9	9
+ Accrued Taxes	1	1	2	2	2	2	2	3	3	6	2	3	1	- -	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	4	3	5	5	11	14	20	20	16	18	21	7	3	4
+ ST Debt	4	3	4	1	- -	10	7	10	12	11	12	18	18	17	22
+ ST Borrowings	4	2	4	1	- -	10	7	10	9	9	11	18	18	17	21
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	3	1	1	- -	1	- -	1
+ Other ST Liabilities	1	2	2	4	3	1	2	1	1	2	8	2	17	1	1
+ Deferred Revenue	- -	- -	1	1	1	1	2	1	1	2	4	2	2	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	2	2	2	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	2	1	2	- -	-2	- -	- -	- -	- -	4	- -	15	- -	- -
Total Current Liabilities	11	14	16	16	13	30	32	43	45	43	50	55	49	30	38
+ LT Debt	- -	- -	- -	6	6	- -	- -	2	3	3	1	2	1	2	6
+ LT Borrowings	- -	- -	- -	6	6	- -	- -	2	1	1	1	1	- -	2	1
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1	1	- -	4
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	- -	- -	- -	6	6	- -	- -	2	3	3	1	2	1	2	6
Total Liabilities	11	15	16	21	19	30	32	44	48	45	52	57	50	32	43
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	14	15	16	16	16	16	16	17	17	17	17	21	21	20	20
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	14	15	15	16	16	16	16	16	17	17	17	21	21	20	20
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1
+ Retained Earnings	-5	-2	2	5	6	6	5	3	6	9	7	7	11	7	-17
+ Other Equity	- -	- -	-1	-2	-3	-2	-2	-4	-4	-4	-5	-5	-3	-1	-1
Equity Before Minority Interest	9	13	16	19	19	20	20	16	19	22	20	22	28	24	1
+ Minority/Non Controlling Interest	1	2	3	4	6	5	6	8	12	16	18	16	12	- -	- -
Total Equity	10	15	19	23	24	25	26	25	31	39	37	38	40	24	1
Total Liabilities & Equity	22	29	34	45	43	55	58	69	80	84	89	95	90	56	44
Shares Outstanding	20	20	20	21	21	21	21	21	21	21	21	23	23	23	24
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	5	3	2	1	2	1	5
Net Debt	2	1	2	2	- -	2	-2	5	- -	-6	-2	10	13	- -	19
Net Debt to Equity	21.8	5.9	8.68	9.18	2	9.8	-7.36	20.62	-0.72	-14.61	-4.63	26.3	33.17	0.34	3,048.87
Tangible Common Equity Ratio	43.52	44.12	47.97	46.09	51.33	41.24	40.51	28.49	33.97	41.8	37.41	37.76	43.01	41.31	-2.22
Current Ratio	1.67	1.68	1.64	2.06	2.27	1.42	1.45	1.3	1.39	1.55	1.43	1.48	1.57	1.53	0.83
Cash Conversion Cycle	51.1	40.05	41.24	42.1	48.17	50.58	41.6	35.37	36.96	43.43	43.74	51.56	284.35	36.43	11.12

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	2	3	4	4	2	2	1	2	6	9	2	2	5	-3	-25
+ Depreciation & Amortization	1	1	1	2	2	2	2	2	3	4	3	3	3	2	2
+ Non-Cash Items	1	- -	-2	-1	1	- -	2	- -	1	- -	5	5	2	-4	4
+ Stock-Based Compensation	- -	1	1	1	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	-2	-2	- -	- -	2	- -	1	-1	- -	1	1	-2	4
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	- -	- -	-2	- -
+ Chg in Non-Cash Work Cap	-1	-2	-1	-3	- -	-3	1	-2	-4	-4	-8	-15	-6	4	- -
+ (Inc) Dec in Accts Receiv	-1	-6	- -	-5	3	-7	-2	-9	-3	2	-7	-11	- -	-2	-4
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	1	- -	-1	- -	- -	- -	-1	1	- -	-4	-1	-3	-1	- -	1
+ Inc (Dec) in Accts Payable	- -	4	- -	2	-3	4	5	6	1	- -	1	1	-4	6	3
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-1	-1	-1	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	- -
Cash from Operating Activities	4	3	3	2	5	1	7	2	6	9	3	-5	7	-1	-18
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	-1	-2	-2	-1	-2	-1	-2	-2	-2	-1	-1	-3
+ Acq of Fixed Prod Assets	-1	-1	-1	-1	-2	-2	-1	-2	-1	-2	-2	-2	-1	-1	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	7	2
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	2
+ Cash for Acq of Subs	- -	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	4	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	- -
Cash from Investing Activities	-1	-1	-3	-2	-2	-2	-1	-1	-1	-2	-2	-2	-2	10	-1
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-2	-1	- -	- -	- -	- -	-1	2	-2	- -	1	8	-1	2	4
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	3	8	61	77	34	105	132	135
+ Repayments of Debt	-2	-1	- -	- -	- -	- -	-1	- -	-10	-61	-76	-26	-106	-130	-131
+ Other Financing Activities	- -	-1	2	2	-1	3	-4	-2	- -	- -	- -	-4	-2	-2	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1	-2	1	2	-1	3	-5	- -	-2	- -	1	3	-3	-2	5
Effect of Foreign Exchange Rates	- -	- -	-1	- -	-1	-1	1	-3	1	-2	-5	-1	- -	- -	- -
Net Changes in Cash	1	- -	2	2	3	3	- -	1	3	7	2	-3	2	8	-15
EBITDA	4	5	4	5	5	4	6	6	13	14	12	11	4	- -	-10
EBITDA Margin (%)	5.38	5.15	3.93	4.13	4.33	3.2	3.43	2.55	5.25	6.03	4.64	4.03	7.97	0.16	-7.37
Free Cash Flow	3	2	2	1	3	- -	5	- -	5	7	1	-7	6	-2	-21
Net Cash Paid for Acquisitions	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	-7	-2
Free Cash Flow to Firm	3	2	- -	- -	3	- -	5	1	5	8	1	-6	6	- -	- -
Free Cash Flow to Equity	1	2	1	1	3	- -	5	3	3	7	2	1	5	- -	-18
Free Cash Flow per Basic Share	0.14	0.11	0.08	0.04	0.16	-0.01	0.26	0.02	0.23	0.34	0.04	-0.31	0.24	-0.08	-0.91
Price/Free Cash Flow	4.91	8.93	10.3	8.93	3.4	7.35	3.09	3.02	3.66	2.34	6.1	-8.85	2.95	98.48	-1.21
Cash Flow to Net Income	1.6	1.1	0.86	0.64	5.48	7.76	-7.34	-1.32	2.54	2.61	-1.48	6.89	10.67	0.21	0.75
Capital Expenditures	-1	-1	-1	-1	-2	-2	-1	-2	-1	-2	-2	-2	-1	-1	-3