SPARQ Systems Inc
SPRQ.V
Toronto Stock Exchange Ventures0.91
CAD
- -
- -
ISIN
CA84657W1095
CUSIP
84657W109
Return %
Stock
S&P500
1Y
30.00
15.01
3Y
313.64
82.56
5Y
78.43
79.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Praveen K. Jain
- Full Time Employees
- 29
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 945 Princess Street Kingston ON Canada K7L 0E9
- IPO Date
- Jan 10, 2022
- Website
- sparqsys.com
- Similar Companies
- Business
- SPARQ Systems Inc. designs, manufactures and markets solar-energy conversion, monitoring and energy-management solutions for residential, commercial and industrial photovoltaic installations. Founded in 2009 and headquartered in Kingston, Ontario, Canada, the Company operates through offices and distribution relationships in Canada, India and other international markets. Its principal product portfolio comprises proprietary Quad microinverters, including the Q1200 and Q2000 single-phase products, which connect to and independently optimize up to four photovoltaic modules through individual maximum power point tracking channels and convert direct-current output into grid-compliant alternating-current power; Quad3 true three-phase microinverter technology for commercial, industrial and large-scale photovoltaic applications supporting 380V, 400V and 480V grid systems; the SparqLinq real-time energy-system performance monitoring platform; the SparqVu multi-site performance-management and energy-monitoring platform; cables, communications equipment and related solar-installation accessories; and integrated photovoltaic-and-battery microinverter solutions. The Company’s technology platform uses patented digital-control and four-in-one microinverter architecture designed to reduce inverter count, installation complexity, balance-of-system costs and AC wiring requirements while providing module-level optimization, monitoring and reliability. SPARQ serves solar installers, distributors, developers, homeowners and commercial and industrial electricity users, and targets the solar photovoltaic, energy-storage, energy-management and electric-vehicle-related power-conversion markets. The Company maintains strategic research, manufacturing and market-development relationships with Queen’s University and ePower Lab, ILJIN Electronics, JioThings and Reliance New Energy, including a Jio/Reliance collaboration supporting development, manufacturing and pan-India distribution under the Jio SPARQ brand. Recent developments include the commencement of commercial production in India in May 2025; the introduction of an integrated PV-and-battery Quad microinverter in February 2025; the development of a Duo microinverter and an AI-driven grid power-control device during 2025; expansion into the African microinverter market; and purchase orders for Q2000 Quad microinverters for the Indian market, including an expanded order valued at approximately US$32 million announced in May 2026.