View ValuationSPARQ Systems 将来の成長Future 基準チェック /26 SPARQ Systemsは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Electrical 収益成長19.1%収益成長率143.8%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日26 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m).お知らせ • Apr 01SPARQ Systems Inc., Annual General Meeting, Jun 01, 2026SPARQ Systems Inc., Annual General Meeting, Jun 01, 2026.Reported Earnings • Nov 30Third quarter 2025 earnings released: CA$0.008 loss per share (vs CA$0.008 loss in 3Q 2024)Third quarter 2025 results: CA$0.008 loss per share (in line with 3Q 2024). Revenue: CA$1.08m (up 200% from 3Q 2024). Net loss: CA$912.3k (loss narrowed 6.1% from 3Q 2024). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in Canada. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 23% per year.Reported Earnings • Aug 25Second quarter 2025 earnings released: CA$0.013 loss per share (vs CA$0.03 loss in 2Q 2024)Second quarter 2025 results: CA$0.013 loss per share (improved from CA$0.03 loss in 2Q 2024). Revenue: CA$162.7k (up CA$146.0k from 2Q 2024). Net loss: CA$1.54m (loss narrowed 45% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • May 27Sparq Systems Inc. Announces Commencement of Commercial Production in IndiaSparq Systems Inc. announced the commencement of commercial production of its microinverters in India. Working with its contract manufacturer IL JIN Electronics (India) Private Limited ("IL JIN"), a subsidiary of Amber Enterprises India Ltd. ("Amber"), the Company has successfully commissioned assembly and test lines at IL JIN's manufacturing plant in Noida, India. The units produced to date have met the relevant quality control requirements.Reported Earnings • May 25First quarter 2025 earnings released: CA$0.009 loss per share (vs CA$0.011 loss in 1Q 2024)First quarter 2025 results: CA$0.009 loss per share. Net loss: CA$1.07m (loss widened 13% from 1Q 2024).分析記事 • May 02SPARQ Systems (CVE:SPRQ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, although...お知らせ • Apr 15SPARQ Systems Inc., Annual General Meeting, Jun 09, 2025SPARQ Systems Inc., Annual General Meeting, Jun 09, 2025.New Risk • Feb 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m (CA$362k revenue, or US$253k). Minor Risk Market cap is less than US$100m (CA$126.2m market cap, or US$88.2m).New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m (CA$362k revenue, or US$252k). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$123.8m market cap, or US$86.4m).分析記事 • Dec 28We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, SPARQ Systems...お知らせ • Oct 21Sparq Systems Inc. Appoints Magomet Malsagov as DirectorSPARQ Systems Inc. announced the appointment of Magomet Malsagov to the Company's board of directors. Mr. Malsagov is a seasoned entrepreneur and executive with over 20 years of experience in the food and beverage and IT sectors. He founded PureCircle Ltd, a global leader in high-purity stevia ingredients, where his leadership drove exponential growth, generating over $1 billion in sales during its first decade and achieving sustainable profitability. PureCircle Ltd. was acquired by Ingredion Inc, a Fortune 500 company. He also founded AVATAi Sdn Bhd, an innovative 3D reconstruction AI company. Mr. Malsagov holds numerous patents and has extensive expertise in business development, strategic planning, and operational excellence. A Harvard Business School alumnus, he is recognized as an honorary citizen of Ganzhou City, China, for his contributions to the local economy. He has been actively involved in various professional organizations and philanthropic initiatives, and is currently residing in Switzerland.分析記事 • Sep 13We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, SPARQ Systems...お知らせ • Jul 02Sparq Systems Inc. Appoints Majid Pahlevani as Its Chief Technology OfficerSPARQ Systems Inc. appointed Majid Pahlevani as its Chief Technology Officer. Dr. Pahlevani, who was previously the VP of Technology of the Company, invented multiple cutting-edge power circuitry and digital control techniques for SPARQ's main product, the QUAD micro-inverter. Prior to SPARQ, he collaborated with Freescale Semiconductor Inc., where he was the leader of a research team working on the design and implementation of the powertrain for a pure electric vehicle, commissioned by Peugeot. He has led numerous industrial projects in renewable energy systems, energy storage systems, electric vehicles, and LED lighting. He has authored over 200 scientific articles and is the holder of more than 70 U.S. patents (issued/pending).New Risk • Jun 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (CA$193k revenue, or US$141k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (CA$43.9m market cap, or US$32.1m).お知らせ • May 08SPARQ Systems Inc. announced that it expects to receive CAD 5 million in fundingSPARQ Systems Inc announced a brokered private placement of 12,500,000 common shares at a price of CAD 0.40 per Common Share for aggregate gross proceeds of up to CAD 5,000,000 on May 6, 2024. The Company has engaged Pollitt & Co. Inc. to offer the Common Shares for sale on a best efforts agency basis. The transaction is Subject to the approval of the TSX Venture Exchange, the Offering is expected to close on or about May 17, 2024. The securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation. The transaction is expected to occur in one or more tranches.お知らせ • Apr 02SPARQ Systems Inc., Annual General Meeting, Jun 06, 2024SPARQ Systems Inc., Annual General Meeting, Jun 06, 2024.Board Change • Jan 10High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 29SPARQ Systems Inc. announced that it has received CAD 0.5 million in fundingSPARQ Systems Inc. announced that it has received CAD 500,000 unsecured loan on November 27, 2023. The transaction included participation from new lender 96347 Canada Inc. The loan bears a interest rate of 12% per annum and payable on earlier of the six month anniversary of the loan or on the date on which company completes equity and debt financing. The company also issued 1,000,000 common share purchase warrants. Each warrant holder entitle to one common share in the capital of the company at price equal to grater of CAD 0.15 or the closing price of common share on the first date prior to expiry date. All warrants are subject to hold period of four month and expire one year from the date of their issuance. The transaction is subject to approval of TSX Venture Exchange.New Risk • Nov 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$8.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Shares are highly illiquid. Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (CA$208k revenue, or US$151k). Market cap is less than US$10m (CA$12.4m market cap, or US$8.96m).Board Change • Nov 03High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Oct 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Aug 31High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • May 11SPARQ Systems Inc., Annual General Meeting, Jun 12, 2023SPARQ Systems Inc., Annual General Meeting, Jun 12, 2023, at 09:00 US Eastern Standard Time. Location: Aird & Berlis LLP, Brookfield Place, Suite 1800, 181 Bay Street Toronto Ontario Canada Agenda: To receive the audited financial statements of the Corporation for the financial years ended December 31, 2022 and 2021, together with the report of the auditor thereon; to elect the directors of the Corporation; to appoint MNP LLP, as auditor of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix its remuneration; to consider and, if thought appropriate, pass, with or without variation, an ordinary resolution approving the Corporation's omnibus equity incentive plan, as more fully described in the accompanying management information circular dated May 10, 2023; and to transact such other business as may properly be brought before the Meeting or any adjournment or adjournments thereof.Board Change • Mar 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 04High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 23SPARQ Corp. announced a financing transactionSPARQ Corp. announced a private placement of subscription receipts on November 22, 2022. The transaction will also include participation from consultants, directors, officers, employees or third party service providers.Board Change • Nov 17High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 16SPARQ Corp. Develops A Unique QUAD Microinverter for Solar Water Pump ApplicationsSPARQ Corp. announced that it has developed a unique three-phase QUAD microinverter for solar water pump applications. The new three-phase QUAD microinverter is multipurpose and compatible with existing technologies, capable of working on-grid, off-grid, and with any type of water pump. Multipurpose inverters help farmers run water pumps and irrigate their farms, while enabling farmers to earn extra revenue by selling electricity to the grid when their pumps are not in use.分析記事 • Sep 07SPARQ (CVE:SPRQ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Board Change • May 26High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • May 03SPARQ Corp., Annual General Meeting, Jun 01, 2022SPARQ Corp., Annual General Meeting, Jun 01, 2022, at 09:00 Eastern Daylight. Location: Aird & Berlis LLP, Brookfield Place, Suite 1800, 181 Bay Street Toronto Ontario United States Agenda: To receive the audited financial statements of the Corporation for the financial years ended December 31, 2021 and 2020, together with the report of the auditor thereon; to elect the directors of the Corporation; to appoint MNP LLP, as auditor of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix its remuneration; to consider and, if thought appropriate, pass, with or without variation, an ordinary resolution approving the Corporation's omnibus equity incentive plan, as more fully described in the accompanying management information circular dated April 29, 2022; and to consider any other matters.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Arul Shanmugasundaram was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 03SPARQ Corp. appoints Arul Shanmugasundaram as board of directorSPARQ Corp. announced the appointment of Dr. Arul Shanmugasundaram to the company's board of directors. Dr. Arul Shanmugasundaram is currently the executive director of Ayana Renewable Power Private Limited, India, where he is responsible for business development, technology and asset management functions. Previously, he was the chief operating officer of Tata Power Solar Systems and lead the EPC for utility scale, rooftops and pumps projects.Board Change • Jan 12No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.業績と収益の成長予測TSXV:SPRQ - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027135N/AN/AN/A112/31/202624N/AN/AN/A13/31/20263-5-2-2N/A12/31/20252-5-2-2N/A9/30/20253-4-2-2N/A6/30/20252-5-4-4N/A3/31/20252-6-5-5N/A12/31/20242-6-5-5N/A9/30/20240-7-5-5N/A6/30/20240-7-4-4N/A3/31/20240-5-4-3N/A12/31/20230-5-5-4N/A9/30/20230-4-6-5N/A6/30/20230-4-5-5N/A3/31/2023N/A-4-5-5N/A12/31/2022N/A-4-5-5N/A9/30/2022N/A-10-3-3N/A6/30/2022N/A-9-3-3N/A3/31/2022N/A-8-2-2N/A12/31/2021N/A-8-1-1N/A9/30/20210-1-1-1N/A12/31/20200-100N/A12/31/20191-1N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SPRQの予測収益成長が 貯蓄率 ( 3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: SPRQの収益がCanadian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: SPRQの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: SPRQの収益 ( 143.8% ) Canadian市場 ( 4.9% ) よりも速いペースで成長すると予測されています。高い収益成長: SPRQの収益 ( 143.8% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SPRQの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/23 11:50終値2026/06/23 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SPARQ Systems Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Donangelo VolpeBeacon Securities Limited
New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m).
お知らせ • Apr 01SPARQ Systems Inc., Annual General Meeting, Jun 01, 2026SPARQ Systems Inc., Annual General Meeting, Jun 01, 2026.
Reported Earnings • Nov 30Third quarter 2025 earnings released: CA$0.008 loss per share (vs CA$0.008 loss in 3Q 2024)Third quarter 2025 results: CA$0.008 loss per share (in line with 3Q 2024). Revenue: CA$1.08m (up 200% from 3Q 2024). Net loss: CA$912.3k (loss narrowed 6.1% from 3Q 2024). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in Canada. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 23% per year.
Reported Earnings • Aug 25Second quarter 2025 earnings released: CA$0.013 loss per share (vs CA$0.03 loss in 2Q 2024)Second quarter 2025 results: CA$0.013 loss per share (improved from CA$0.03 loss in 2Q 2024). Revenue: CA$162.7k (up CA$146.0k from 2Q 2024). Net loss: CA$1.54m (loss narrowed 45% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • May 27Sparq Systems Inc. Announces Commencement of Commercial Production in IndiaSparq Systems Inc. announced the commencement of commercial production of its microinverters in India. Working with its contract manufacturer IL JIN Electronics (India) Private Limited ("IL JIN"), a subsidiary of Amber Enterprises India Ltd. ("Amber"), the Company has successfully commissioned assembly and test lines at IL JIN's manufacturing plant in Noida, India. The units produced to date have met the relevant quality control requirements.
Reported Earnings • May 25First quarter 2025 earnings released: CA$0.009 loss per share (vs CA$0.011 loss in 1Q 2024)First quarter 2025 results: CA$0.009 loss per share. Net loss: CA$1.07m (loss widened 13% from 1Q 2024).
分析記事 • May 02SPARQ Systems (CVE:SPRQ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, although...
お知らせ • Apr 15SPARQ Systems Inc., Annual General Meeting, Jun 09, 2025SPARQ Systems Inc., Annual General Meeting, Jun 09, 2025.
New Risk • Feb 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m (CA$362k revenue, or US$253k). Minor Risk Market cap is less than US$100m (CA$126.2m market cap, or US$88.2m).
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m (CA$362k revenue, or US$252k). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$123.8m market cap, or US$86.4m).
分析記事 • Dec 28We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, SPARQ Systems...
お知らせ • Oct 21Sparq Systems Inc. Appoints Magomet Malsagov as DirectorSPARQ Systems Inc. announced the appointment of Magomet Malsagov to the Company's board of directors. Mr. Malsagov is a seasoned entrepreneur and executive with over 20 years of experience in the food and beverage and IT sectors. He founded PureCircle Ltd, a global leader in high-purity stevia ingredients, where his leadership drove exponential growth, generating over $1 billion in sales during its first decade and achieving sustainable profitability. PureCircle Ltd. was acquired by Ingredion Inc, a Fortune 500 company. He also founded AVATAi Sdn Bhd, an innovative 3D reconstruction AI company. Mr. Malsagov holds numerous patents and has extensive expertise in business development, strategic planning, and operational excellence. A Harvard Business School alumnus, he is recognized as an honorary citizen of Ganzhou City, China, for his contributions to the local economy. He has been actively involved in various professional organizations and philanthropic initiatives, and is currently residing in Switzerland.
分析記事 • Sep 13We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, SPARQ Systems...
お知らせ • Jul 02Sparq Systems Inc. Appoints Majid Pahlevani as Its Chief Technology OfficerSPARQ Systems Inc. appointed Majid Pahlevani as its Chief Technology Officer. Dr. Pahlevani, who was previously the VP of Technology of the Company, invented multiple cutting-edge power circuitry and digital control techniques for SPARQ's main product, the QUAD micro-inverter. Prior to SPARQ, he collaborated with Freescale Semiconductor Inc., where he was the leader of a research team working on the design and implementation of the powertrain for a pure electric vehicle, commissioned by Peugeot. He has led numerous industrial projects in renewable energy systems, energy storage systems, electric vehicles, and LED lighting. He has authored over 200 scientific articles and is the holder of more than 70 U.S. patents (issued/pending).
New Risk • Jun 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (CA$193k revenue, or US$141k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (CA$43.9m market cap, or US$32.1m).
お知らせ • May 08SPARQ Systems Inc. announced that it expects to receive CAD 5 million in fundingSPARQ Systems Inc announced a brokered private placement of 12,500,000 common shares at a price of CAD 0.40 per Common Share for aggregate gross proceeds of up to CAD 5,000,000 on May 6, 2024. The Company has engaged Pollitt & Co. Inc. to offer the Common Shares for sale on a best efforts agency basis. The transaction is Subject to the approval of the TSX Venture Exchange, the Offering is expected to close on or about May 17, 2024. The securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation. The transaction is expected to occur in one or more tranches.
お知らせ • Apr 02SPARQ Systems Inc., Annual General Meeting, Jun 06, 2024SPARQ Systems Inc., Annual General Meeting, Jun 06, 2024.
Board Change • Jan 10High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 29SPARQ Systems Inc. announced that it has received CAD 0.5 million in fundingSPARQ Systems Inc. announced that it has received CAD 500,000 unsecured loan on November 27, 2023. The transaction included participation from new lender 96347 Canada Inc. The loan bears a interest rate of 12% per annum and payable on earlier of the six month anniversary of the loan or on the date on which company completes equity and debt financing. The company also issued 1,000,000 common share purchase warrants. Each warrant holder entitle to one common share in the capital of the company at price equal to grater of CAD 0.15 or the closing price of common share on the first date prior to expiry date. All warrants are subject to hold period of four month and expire one year from the date of their issuance. The transaction is subject to approval of TSX Venture Exchange.
New Risk • Nov 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$8.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Shares are highly illiquid. Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (CA$208k revenue, or US$151k). Market cap is less than US$10m (CA$12.4m market cap, or US$8.96m).
Board Change • Nov 03High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Oct 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Aug 31High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • May 11SPARQ Systems Inc., Annual General Meeting, Jun 12, 2023SPARQ Systems Inc., Annual General Meeting, Jun 12, 2023, at 09:00 US Eastern Standard Time. Location: Aird & Berlis LLP, Brookfield Place, Suite 1800, 181 Bay Street Toronto Ontario Canada Agenda: To receive the audited financial statements of the Corporation for the financial years ended December 31, 2022 and 2021, together with the report of the auditor thereon; to elect the directors of the Corporation; to appoint MNP LLP, as auditor of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix its remuneration; to consider and, if thought appropriate, pass, with or without variation, an ordinary resolution approving the Corporation's omnibus equity incentive plan, as more fully described in the accompanying management information circular dated May 10, 2023; and to transact such other business as may properly be brought before the Meeting or any adjournment or adjournments thereof.
Board Change • Mar 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 04High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 23SPARQ Corp. announced a financing transactionSPARQ Corp. announced a private placement of subscription receipts on November 22, 2022. The transaction will also include participation from consultants, directors, officers, employees or third party service providers.
Board Change • Nov 17High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 16SPARQ Corp. Develops A Unique QUAD Microinverter for Solar Water Pump ApplicationsSPARQ Corp. announced that it has developed a unique three-phase QUAD microinverter for solar water pump applications. The new three-phase QUAD microinverter is multipurpose and compatible with existing technologies, capable of working on-grid, off-grid, and with any type of water pump. Multipurpose inverters help farmers run water pumps and irrigate their farms, while enabling farmers to earn extra revenue by selling electricity to the grid when their pumps are not in use.
分析記事 • Sep 07SPARQ (CVE:SPRQ) Is In A Good Position To Deliver On Growth PlansJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Board Change • May 26High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Robbie Luo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • May 03SPARQ Corp., Annual General Meeting, Jun 01, 2022SPARQ Corp., Annual General Meeting, Jun 01, 2022, at 09:00 Eastern Daylight. Location: Aird & Berlis LLP, Brookfield Place, Suite 1800, 181 Bay Street Toronto Ontario United States Agenda: To receive the audited financial statements of the Corporation for the financial years ended December 31, 2021 and 2020, together with the report of the auditor thereon; to elect the directors of the Corporation; to appoint MNP LLP, as auditor of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix its remuneration; to consider and, if thought appropriate, pass, with or without variation, an ordinary resolution approving the Corporation's omnibus equity incentive plan, as more fully described in the accompanying management information circular dated April 29, 2022; and to consider any other matters.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Arul Shanmugasundaram was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 03SPARQ Corp. appoints Arul Shanmugasundaram as board of directorSPARQ Corp. announced the appointment of Dr. Arul Shanmugasundaram to the company's board of directors. Dr. Arul Shanmugasundaram is currently the executive director of Ayana Renewable Power Private Limited, India, where he is responsible for business development, technology and asset management functions. Previously, he was the chief operating officer of Tata Power Solar Systems and lead the EPC for utility scale, rooftops and pumps projects.
Board Change • Jan 12No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.