View Financial HealthSPAR Group 배당 및 자사주 매입배당 기준 점검 0/6SPAR Group 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률-3.8%자사주 매입 수익률총 주주 수익률-3.8%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • May 14First quarter 2026 earnings released: US$0.023 loss per share (vs US$0.02 profit in 1Q 2025)First quarter 2026 results: US$0.023 loss per share (down from US$0.02 profit in 1Q 2025). Revenue: US$30.5m (down 10% from 1Q 2025). Net loss: US$553.0k (down 220% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.공시 • May 14SPAR Group, Inc. Reiterates Earnings Guidance for the Full Year 2026SPAR Group, Inc. reiterated earnings guidance for the full year 2026. For the year, the company expects Net sales in the range of $143 million to $151 million, compared to 2025 Net sales of $136 million for the U.S. and Canada.공시 • May 06SPAR Group, Inc. to Report Q1, 2026 Results on May 12, 2026SPAR Group, Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026공시 • May 04SPAR Group, Inc., Annual General Meeting, Jun 11, 2026SPAR Group, Inc., Annual General Meeting, Jun 11, 2026.공시 • Apr 08SPAR Group, Inc. Receives A Non-Compliance Notification Letter from NasdaqSPAR Group, Inc. received a notification letter from Nasdaq on April 2, 2026, that the Company does not meet the requirement to maintain a minimum of $2,500,000 in stockholders' equity for continued listing on the Nasdaq Capital Market. The letter specified that because the Company's Form 10-K for the year ended December 31, 2025, reported stockholders' equity of $622,000, the Company no longer complies with Nasdaq's Listing Rule requiring a minimum of $2,500,000 in stockholders' equity for continued listing, and the Company currently does not satisfy the alternatives of minimum market value of listed securities of $35 million or minimum net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years. The notification letter from Nasdaq stated that under our Rules the Company has 45 calendar days to submit a plan to regain compliance. If your plan is accepted, we can grant an extension of up to 180 calendar days from the date of this letter to evidence compliance. Your plan should be as definitive as possible, addressing any issues that you believe would support your request for an extension. You are encouraged to provide any relevant documentation, including but not limited to financial projections, agreements, offering circulars, letters of intent and contracts and the timeline to complete your plan".Reported Earnings • Apr 02Full year 2025 earnings released: US$1.04 loss per share (vs US$0.096 loss in FY 2024)Full year 2025 results: US$1.04 loss per share (further deteriorated from US$0.096 loss in FY 2024). Revenue: US$136.1m (down 17% from FY 2024). Net loss: US$24.6m (loss widened US$22.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.공시 • Mar 31Spar Group, Inc. Provides Sales Guidance for the Fiscal Year 2026SPAR Group, Inc. provided sales guidance for the Fiscal year 2026. For the year, the company expects net sales of $143 million - $151 million.공시 • Mar 28SPAR Group, Inc. to Report Q4, 2025 Results on Mar 31, 2026SPAR Group, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 31, 2026공시 • Mar 27SPAR Group and ReposiTrak Launch Integrated Service to Help Retailers Protect Sales, Reduce Labor Pressure, and Keep Shelves FullReposiTrak and SPAR Group, Inc. announced a strategic agreement designed specifically to help retailers improve on-shelf availability, reduce store-level labor strain, and ensure that high-velocity products reach the shelf quickly and consistently. The new ReposiTrak–SPAR solution directly addresses these pressures by combining ReposiTrak’s proprietary technologies for scan-based trading, perpetual inventory accuracy, out-of-stock detection, and route optimization with SPAR’s nationwide, on-demand service workforce capable of executing merchandising tasks in any store, anywhere in the country. Together, the companies deliver a practical, scalable way for retailers to maintain strong in-stock performance without adding workload to store teams. A standout component of the partnership is surge or on-demand merchandising — a coordinated service that aligns field labor with the arrival of critical inventory. When trucks arrive with promotional items, seasonal goods, or high-velocity SKUs, SPAR teams can be dispatched immediately to relieve pressure on store employees, ensure product is stocked quickly and correctly, prevent sales loss from delayed shelf placement, and support stores during peak periods or labor shortages. This model gives retailers a flexible labor buffer exactly when and where it’s needed. The integrated service is available immediately to retailers and suppliers across the United States and is designed to support grocery, mass, club, dollar, convenience, and specialty retail. This strategic partnership creates a unique capability. The marriage of advanced technology and the skilled, on-demand workforce.공시 • Jan 16SPAR Group, Inc. Receives Non-Compliance Letter from NasdaqOn January 12, 2026, SGRP (SPAR Group, Inc.) received a notification letter from Nasdaq that SGRP's common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The notification letter from Nasdaq stated that: "The Rules also provide the Company a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180 day period the closing bid price of the Company's security is at least $1 for a minimum of ten consecutive business days, we will provide you written confirmation of compliance and this matter will be closed".공시 • Jan 02SPAR Group, Inc. Appoints Jean Richer as Head of North American Sales & MarketingSPAR Group, Inc. announced the promotion of Jean Richer to Head of North American Sales & Marketing, reinforcing the Company’s focus on accelerating revenue growth across merchandising and consumer packaged goods clients in the United States and Canada. In this role, Richer leads SPAR’s commercial growth agenda across North America. He brings more than 25 years of executive-level experience across the CPG and retail services landscape, having built his career leading complex sales, marketing and go-to-market initiatives with global consumer brands including Seagram’s, Lactalis, Keurig Dr Pepper and Anheuser-Busch, as well as holding senior leadership roles within the retail services and agency sector. His background uniquely positions him to help SPAR capitalize on evolving retailer and brand needs through modern, data-enabled merchandising solutions.공시 • Dec 11SPAR Group, Inc. Announces Chief Financial Officer ChangesSPAR Group, Inc. announced the appointment of Mr. Steven Hennen as the Company’s Chief Financial Officer, effective December 8, 2025. Hennen succeeds Antonio Calisto Pato, who served as the Company’s CFO since February 2023. Calisto Pato will be actively involved in the fourth-quarter and full-year reporting process, and will serve as an advisor to ensure a smooth transition through the filing of the Company’s 2025 Annual Report on Form 10-K. Hennen brings more than 25 years of experience in finance and operational leadership, guiding companies through transformation, overseeing finance, accounting, treasury, business systems, human resources and risk management. His work has consistently focused on creating strategic clarity and strengthening organizational alignment. Most recently, Hennen served as President and Chief Financial Officer of Baker & Taylor LLC, a multi hundred-million-dollar annual revenue company, where he managed global finance and operations. His earlier leadership roles included Vice President of Finance and Accounting and Corporate Controller at Red Ventures, a well-known billion dollar plus digital marketing company where Hennen participated in significant accretive M&A activity, and supported the company’s data monetarization activity. Hennen also held CFO and senior leadership roles for DyStar, L.P./Color Solutions International, Boehme Filatex, Inc., and Technimark, Inc. He began his career with KPMG, LLP, advancing to Audit Manager, and earned a Bachelor of Science in Accounting from Marquette University in Milwaukee, Wisconsin.Reported Earnings • Nov 16Third quarter 2025 earnings released: US$0.37 loss per share (vs US$0.006 loss in 3Q 2024)Third quarter 2025 results: US$0.37 loss per share (further deteriorated from US$0.006 loss in 3Q 2024). Revenue: US$41.4m (up 9.6% from 3Q 2024). Net loss: US$8.76m (loss widened US$8.62m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.공시 • Nov 14SPAR Group, Inc. Appoints William Linnane as Chief Executive Officer, Effective November 14, 2025SPAR Group, Inc. announced the appointment of William Linnane as its Chief Executive Officer. Linnane, who has served as President and Interim CEO since earlier this year, assumes the permanent CEO role, effective November 14, 2025. In conjunction with the appointment, Linnane also joins the Company’s Board of Directors.공시 • Oct 31SPAR Group, Inc. Appoints James Gillis as Executive Chairman, Effective October 30, 2025SPAR Group, Inc. announced that 40-year retail and distribution industry veteran James Gillis is Executive Chairman, effective immediately on October 30, 2025. Gillis will join recently named President William Linnane in leading and overseeing the organization. As part of this leadership transition, Linnane will report to Gillis and hold overall responsibility for managing the company’s operational execution with a targeted goal of achieving record-setting earnings by year-end 2026. Gillis added that the divestiture of the company’s international ventures and focus on the North American market is enabling it to drive performance and innovation for the benefit of SPAR’s brand and retail partners.공시 • Oct 08SPAR Group, Inc. Announces Executive ChangesSPAR Group announced strategic and leadership advancements. Commencing a new chapter for SPAR Group, management anticipates outperforming key financial metrics in 2026, following nearly two years of strategic alternatives work, the divestment of offshore businesses and the repositioning of its operations. The Company recently named William Linnane as President, based on his demonstrated strategic leadership. Linnane has consistently delivered robust revenue goals while driving a strong sales pipeline across the Company’s core markets, along with disciplined expense control throughout the organization. SPAR recently named retail industry expert Josh Jewett as SPAR’s Chief Technology Officer, reporting to Linnane, to lead the Company’s vision for digital transformation and innovation. Jewett brings a unique and valuable perspective, having served as a Fortune 500 CIO and spent the last five years working with innovative, early-stage software companies. Under his leadership, the Company will focus on key partnerships and solutions aimed at further transforming internal operations, while providing enhanced value to clients that drives competitive differentiation.공시 • Aug 29+ 1 more updateSPAR Group Announces Executive ChangesSPAR Group announced that Mike Matacunas, President, will retire from the company in October 2025, after nearly five years of exceptional leadership in the role. William Linnane, SPAR Group’s Chief Strategy and Growth Officer, has been appointed President, effective immediately. In addition, Kori Belzer, Global Chief Operating Officer, is retiring and Ron Lutz, Global Chief Commercial Officer, will transition to an executive advisor to the company as of August 29, 2025. Matacunas joined SPAR Group in 2021 and led a multi-year transformation of the business. Under his leadership, SPAR Group strengthened its market position by exiting international joint ventures, doubling the U.S. and Canadian businesses, increasing profitability, accelerating digital innovation and expanding into new segments. Matacunas also led SPAR Group’s growth strategy, with a focus on attracting experienced retail and services professionals who will drive the long-term success of the company. As a result, the company is now on track to deliver against the largest new business pipeline in its 50-year history while maintaining relationships across some of the world’s best retail and brand companies. Linnane joined SPAR in 2021 as a member of the company’s Executive Leadership Team and played a pivotal role in elevating the brand's U.S. and global perception. As Global Chief Strategy and Growth Officer, he helped bring new clients to the company and strengthen SPAR’s position as a leader in the merchandising and remodel services industries. Prior to joining SPAR, Linnane served in senior executive roles at Sears, Eason Retail and Tesco.Board Change • Aug 24High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Mike Matacunas 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.공시 • Jun 13Robert Brown Files an Exempt Solicitation Statement with Securities and Exchange CommissionOn June 12, 2025, Robert G. Brown announced that he has filed an exempt solicitation statement with Securities and Exchange Commission, noting that the Company’s June 11, 2025, release does not address the reason(s) for the drop in stock price from $2.97 on June 3, 2024, to $1.02 on May 29, 2025, or how the Board plans to increase the stock price. In addition, Robert Brown for consideration and implementation recommended 1) a 6,000,000-share buyback, 2) a $.02/per share quarterly dividend, 3) a review by the Board of the Company's Amended and Restated Bylaws, adopted effective as of January 18, 2022, and the best practices, 4) a review of Board compensation to determine if making the compensation partly dependent on the share price would be in the best interest of the shareholders, 5) a review by the Compensation Committee to determine if the shareholders would be more effectively served by having a high proportion of management's compensation based on delivering shareholder value and positive net earnings, to the Company board of directors. Further, Robert Brown believes that his recommendations are in the best interests of the shareholders and encourages the Board to be transparent and explicitly advise the shareholders what the Board's position is on all 5 of his recommendations.공시 • May 29SPAR Group Provides Nasdaq Compliance & Non-Compliance UpdateSPAR Group, Inc. services announced two Nasdaq notifications. On May 21, 2025, SGRP received a notification letter from Nasdaq stating that SPAR Group is in compliance with regard to its Annual Report on Form 10-K filed on May 16th. On May 22, 2025, Nasdaq notified SGRP that it did not timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2025. Based on this latest notice, the Company is not in compliance with Listing Rule 5250 (c)(1), which requires the Company to timely file all required periodic financial reports with the Securities and Exchange Commission. The Notice received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares. Nasdaq has provided the Company 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company an exception until October 13, 2025, to regain compliance with the Nasdaq Listing Rules. The Company continues to work diligently to complete its Fiscal 2025 Form 10-Q, after which the Company anticipates maintaining compliance with its SEC reporting obligations.공시 • May 24Highwire Capital, LLC terminated the transaction to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others.Highwire Capital, LLC signed a letter of intent to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others for $59.9 million on June 5, 2024. Highwire Capital, LLC entered into an Agreement and Plan of Merger to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others on August 30, 2024. A cash consideration valued at $2.5 per share will be paid by Highwire Capital. In addition, the Board and Special Committee expect to receive and review a fairness opinion from its financial advisor prior to the execution of any definitive agreements. Highwire is expected to retain the SPAR executive team. If the Merger Agreement is terminated by either of the party, then a termination fee of 3% (approximately $1.76 million) will be paid. Upon the closing of the Merger, the Shares will be delisted from Nasdaq and deregistered under the Exchange Act. Highwire Capital has obtained a debt financing commitment, the proceeds of which will be sufficient for Highwire Capital to consummate the transactions contemplated by the merger agreement. Funds managed by CAP Services, LLC d/b/a Capital Platform have committed to provide up to $115 million of senior secured credit facilities. SPAR Group, Inc. today that it received a Third Extension of Amended and Restated Commitment Letter for the financing required under the merger agreement with Highwire Capital extending the Commitment Termination Date to March 17, 2025. All other terms and conditions set forth in the Commitment Letter remain unchanged. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement and approval by SGRP’s stockholders. The deal has been unanimously approved by the board of both companies. As of October 25, 2024, SPAR Group, Inc. stockholders approved the merger. The transaction is expected to close in the fourth quarter of 2024. Lincoln International LLC acted as financial advisor and fairness opinion advisor for SPAR Group, Inc. Jason M. Hille of Foley & Lardner LLP acted as legal advisor for SPAR Group, Inc. Kenn Webb and Justin Shelton of Ferguson Braswell Fraser Kubasta PC acted as legal advisors for Highwire Capital, LLC. Computershare Trust Company, National Association acted as transfer agent and D.F. King & Co., Inc. acted as proxy solicitor to SPAR Group, Inc. SPAR Group, Inc agreed to pay DFK a fee of approximately $20,000, plus reasonable out-of-pocket expenses for its services. Highwire Capital, LLC terminated the transaction to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others on May 23, 2025.공시 • May 16SPAR Group, Inc. announced delayed 10-Q filingOn 05/15/2025, SPAR Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 01SPAR Group, Inc. announced delayed annual 10-K filingOn 03/31/2025, SPAR Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.공시 • Mar 18SPAR Group, Inc., Annual General Meeting, Jun 12, 2025SPAR Group, Inc., Annual General Meeting, Jun 12, 2025.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Media industry in the US. Total returns to shareholders of 21% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$1.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Media industry in the US. Total returns to shareholders of 39% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.006 loss per share (down from US$0.011 profit in 3Q 2023). Revenue: US$37.8m (down 44% from 3Q 2023). Net loss: US$144.0k (down 156% from profit in 3Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Oct 23Insider recently sold US$394k worth of stockOn the 18th of October, Robert Brown sold around 164k shares on-market at roughly US$2.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$805k more than they bought in the last 12 months.Recent Insider Transactions • Oct 15Insider recently sold US$241k worth of stockOn the 10th of October, Robert Brown sold around 99k shares on-market at roughly US$2.43 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$401k more than they bought in the last 12 months.New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Significant insider selling over the past 3 months (US$154k sold). Market cap is less than US$100m (US$44.0m market cap).Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.027 in 2Q 2023)Second quarter 2024 results: EPS: US$0.15 (up from US$0.027 in 2Q 2023). Revenue: US$57.3m (down 13% from 2Q 2023). Net income: US$3.63m (up 468% from 2Q 2023). Profit margin: 6.3% (up from 1.0% in 2Q 2023). Revenue is expected to decline by 25% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Aug 13SPAR Group, Inc. to Report Q2, 2024 Results on Aug 14, 2024SPAR Group, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 14, 2024Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to US$2.17, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Media industry in the US. Total returns to shareholders of 43% over the past three years.분석 기사 • Jun 05SPAR Group, Inc. (NASDAQ:SGRP) Stock Catapults 72% Though Its Price And Business Still Lag The IndustrySPAR Group, Inc. ( NASDAQ:SGRP ) shares have continued their recent momentum with a 72% gain in the last month alone...New Risk • Jun 04New 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 American stocks, typically moving 16% 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 (16% average weekly change). Earnings are forecast to decline by an average of 59% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.1% increase in shares outstanding). Significant insider selling over the past 3 months (US$1.9m sold). Market cap is less than US$100m (US$60.6m market cap).Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$2.21, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Media industry in the US. Total returns to shareholders of 42% over the past three years.Reported Earnings • May 16First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.037 in 1Q 2023)First quarter 2024 results: EPS: US$0.28 (up from US$0.037 in 1Q 2023). Revenue: US$68.7m (up 6.7% from 1Q 2023). Net income: US$6.63m (up US$5.76m from 1Q 2023). Profit margin: 9.6% (up from 1.3% in 1Q 2023). Revenue is expected to decline by 25% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.공시 • May 11SPAR Group, Inc. to Report Q1, 2024 Results on May 15, 2024SPAR Group, Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024공시 • May 03Lindicom Proprietary Limited completed the acquisition of unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP).Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million on April 1, 2024. Prior to this transaction, Lindicom was a holding a unknown minority stake in SGRP Meridian. In a separate transaction, An Unknown buyer agreed to acquire the remaining stake in SGRP Brasil Participações Ltda for approximately ZAR 220 million. As part of the divestiture agreements, Australia and The Meridian Group have also entered into software as a service (SAAS) agreements with SPAR Group to continue the use of SPAR’s technology. These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter. Lindicom Proprietary Limited completed the acquisition of unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on May 2, 2024.공시 • May 02SPAR Group, Inc. (NasdaqCM:SGRP) acquired remaining 49% stake in Resource Plus of North Florida, Inc. for $3 million.SPAR Group, Inc. (NasdaqCM:SGRP) acquired remaining 49% stake in Resource Plus of North Florida, Inc. for $3 million on May 1, 2024. Based on the terms set in the original joint venture agreement, SPAR Group will pay a total of $3 million in annual payments over a five-year period. SPAR Group, Inc. (NasdaqCM:SGRP) completed the acquisition of remaining 49% stake in Resource Plus of North Florida, Inc. on May 1, 2024.분석 기사 • Apr 08SPAR Group's (NASDAQ:SGRP) Profits Appear To Have Quality IssuesThe market for SPAR Group, Inc.'s ( NASDAQ:SGRP ) stock was strong after it released a healthy earnings report last...Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 39%After last week's 39% share price gain to US$1.87, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 11x in the Media industry in the US. Total loss to shareholders of 2.1% over the past three years.Recent Insider Transactions • Apr 04Insider recently sold US$68k worth of stockOn the 1st of April, Robert Brown sold around 50k shares on-market at roughly US$1.35 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$68k more than they bought in the last 12 months.Reported Earnings • Apr 02Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.17 (up from US$0.033 loss in FY 2022). Revenue: US$262.7m (flat on FY 2022). Net income: US$3.90m (up US$4.63m from FY 2022). Profit margin: 1.5% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 129%. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Apr 02Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million.Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million on April 1, 2024. Prior to this transaction, Lindicom was a holding a unknown minority stake in SGRP Meridian. In a separate transaction, An Unknown buyer agreed to acquire the remaining stake in SGRP Brasil Participações Ltda for approximately ZAR 220 million. As part of the divestiture agreements, Australia and The Meridian Group have also entered into software as a service (SAAS) agreements with SPAR Group to continue the use of SPAR’s technology. These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.분석 기사 • Apr 02A Piece Of The Puzzle Missing From SPAR Group, Inc.'s (NASDAQ:SGRP) 29% Share Price ClimbThe SPAR Group, Inc. ( NASDAQ:SGRP ) share price has done very well over the last month, posting an excellent gain of...분석 기사 • Apr 02SPAR Group, Inc. (NASDAQ:SGRP) Soars 29% But It's A Story Of Risk Vs RewardSPAR Group, Inc. ( NASDAQ:SGRP ) shareholders have had their patience rewarded with a 29% share price jump in the last...New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (US$22.5m market cap).공시 • Mar 29SPAR Group, Inc. to Report Q4, 2023 Results on Apr 01, 2024SPAR Group, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Apr 01, 2024공시 • Feb 28An undisclosed buyer acquired an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP).An undisclosed buyer acquired an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on February 27, 2024.An undisclosed buyer completed the acquisition of an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on February 27, 2024.공시 • Nov 17SPAR Group, Inc. Announces Departure of Mr. Robert G. Brown from the BoardSPAR Group, Inc. announced Mr. Robert G. Brown, one of the founders of SGRP and a former Chairman of the Board, was not a candidate for reelection at the 2023 Annual Meeting, on November 8, 2023, so at the conclusion of the 2023 Annual Meeting on November 9, 2023, Mr. Robert G. Brown was not reelected and ceased being a director on the Board pursuant to his non-candidacy, his resignation and retirement letter, and applicable law. Mr. Robert G. Brown occupied one of the Brown Board Seats.Reported Earnings • Nov 17Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.011 (up from US$0.001 loss in 3Q 2022). Revenue: US$67.3m (down 3.6% from 3Q 2022). Net income: US$259.0k (up US$291.0k from 3Q 2022). Profit margin: 0.4% (up from 0% in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.공시 • Nov 08SPAR Group, Inc. to Report Q3, 2023 Results on Nov 14, 2023SPAR Group, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 14, 2023공시 • Oct 15SPAR Group, Inc., Annual General Meeting, Nov 09, 2023SPAR Group, Inc., Annual General Meeting, Nov 09, 2023, at 12:00 Eastern Standard Time. Agenda: To reelect five (5) Directors of SGRP (all incumbents on October 13, 2023) to serve on SGRP's Board of Directors (the " Board") during the ensuing year and until their respective successors have been duly elected and seated on the Board, which candidates are Mr. William H. Bartels (on an advisory basis), Mr. John Bode, Mr. James R. Gillis, Ms. Linda Houston, and Mr. Michael R. Matacunas (on an advisory basis). See Proposal 1, below; to ratify, on an advisory basis, the appointment of BDO USA, LLP, as the independent registered accounting firm for the Corporation and its subsidiaries for the year ending December 31, 2023; to approve, on an advisory basis, the compensation of the Named Executive Officers, as disclosed in this Proxy Statement (i.e., "Say on Pay"); and to select, on an advisory basis, whether the Corporation should request an advisory vote from its stockholders respecting compensation of the Named Executive Officers every one (1), two (2) or three (3) years.분석 기사 • Sep 17Is SPAR Group (NASDAQ:SGRP) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공시 • Sep 14SPAR Group, Inc. Announces Resignation of Sean M. Whelan from its Board of Directors and its Committees, Effective September 30, 2023SPAR Group, Inc. announced on September 7, 2023, in an e-mail to the Corporation, Mr. Sean M. Whelan resigned from the Corporation's Board of Directors and its Committees, effective September 30, 2023, and said he will not be a candidate for re-election at the Annual Meeting of the Corporation's stockholders scheduled for November 9, 2023. Mr. Whelan joined the Board on October 14, 2021, and was Chairman of the Corporation's Audit Committee, and a member of its Governance Committee and Compensation Committee. He was an independent director both under the general Nasdaq Rules and under Nasdaq's more stringent Audit Committee Rules, the designated audit committee financial expert under SEC Rules, and one of the Board's two Super Independent Directors under the Corporation's By-Laws (which requires three such directors).공시 • Aug 24SPAR Group, Inc. Appoints James R. Gillis to the Board, the Board's Audit Committee, the Compensation Committee, the Governance Committee and the Special CommitteeOn August 10, 2023, the Board of Directors of SPAR Group, Inc. appointed Mr. James R. Gillis to the Board, which he later accepted in writing on August 17, 2023. Mr. Gillis was also appointed on August 10, 2023, to the Board's Audit Committee, the Compensation Committee, the Governance Committee and the Special Committee. Mr. James R. Gillis is a pioneer in the retail display space who gained unparalleled experience in business development and established himself as a respected leader, innovator and trusted advisor. He is currently the CEO of Gillis & Associates, Inc., an M&A advisory firm that helps buyers and sellers in complex transactions. From 1993 to 2011, Mr. Gillis was the CEO of Source Interlink Companies, Inc. From 1989 to 1993, he was Managing Partner of Aders, Wilcox, Gillis Group, a global developer of trade relationships serving major brand marketers and retailers worldwide. Mr. Gillis currently serves on the boards of American Stock Transfer & Trust Company, LLC (AST), and Travelport Worldwide LTD, and is an advisor to Siris Capital Group and Platinum Equity. He has served on the boards and committees of multiple companies including Source Interlink, Park City Group, and Globe Communications. Mr. Gillis attended Nova University in Fort Lauderdale.New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Market cap is less than US$100m (US$28.4m market cap).Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Sean Whelan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Aug 11SPAR Group, Inc. to Report Q2, 2023 Results on Aug 14, 2023SPAR Group, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 14, 2023공시 • Jul 14SPAR Group, Inc. Announces Board ChangesSPAR Group, Inc. Announced that Michael Wager, the Chairman of the Board and a director of the Company, passed away on July 8, 2023. Mr. Wager served as Chairman of the Board since 2022, served on the Board since 2021, and also served on the Board 's Audit and Governance Committees. Under the Corporation’s By-Laws, Mr. Matacunas assumes the role of Chairman until a new Super Independent Director is elected to the role by the Board.공시 • May 16SPAR Group, Inc. announced delayed 10-Q filingOn 05/15/2023, SPAR Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • May 11SPAR Group, Inc. to Report Q1, 2023 Results on May 15, 2023SPAR Group, Inc. announced that they will report Q1, 2023 results Pre-Market on May 15, 2023분석 기사 • Apr 28Here's Why SPAR Group (NASDAQ:SGRP) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.033 loss per share (improved from US$0.084 loss in FY 2021). Revenue: US$261.3m (up 2.2% from FY 2021). Net loss: US$732.0k (loss narrowed 59% from FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.공시 • Jan 20+ 1 more updateSpar Group, Inc. Announces Executive ChangesSGRP is announcing that, as part of a planned process, Ms. Fay DeVriese will be leaving SGRP as its Chief Financial Officer, Secretary and Treasurer, effective as of January 31, 2023. On February 1, 2023, SGRP's Vice President of Finance & Corporate Controller, Ms. Rohini Nedadur, will become SGRP's Interim Chief Financial Officer, and she and SGRP's International Controller, Mr. Jeff Xie, will report directly to SGRP's Chief Executive Officer, Mr. Michael R. Matacunas. SGRP is actively seeking a new Chief Financial Officer. On January 13, 2023, Ms. DeVriese and SGRP entered into an agreement (the " Agreement") providing for her separation from the Company and her agreement to be available to SGRP to assist with the 2022 year-end financial data and the 2023 budget and to assist in the orderly transition of her team to a new CFO or equivalent, all as needed and as reasonably directed by the Chief Executive Officer of SGRP. In the Agreement, in return for the settlement of any and all agreements and issues between them, SGRP has agreed (among other things) to pay her $87,500.00 and to pay for her COBRA premiums for her ongoing benefits through April 2023. The Corporation does not intend, assume any obligation, or promise to publicly update or revise any information respecting the composition or organization of its executives, or such strategic review process, other than the required reporting of any appointment of a new Chief Financial Officer.Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.001 loss per share (vs US$0.055 profit in 3Q 2021)Third quarter 2022 results: US$0.001 loss per share (down from US$0.055 profit in 3Q 2021). Revenue: US$69.8m (up 3.6% from 3Q 2021). Net loss: US$32.0k (down 103% from profit in 3Q 2021). Profit margin: 0% (down from 1.8% in 3Q 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Nov 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (4 non-independent directors). Co-Founder & Director William Bartels is the most experienced director on the board, commencing their role in 1999. Independent Chairman Michael Wager was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.분석 기사 • Oct 26SPAR Group (NASDAQ:SGRP) Is Investing Its Capital With Increasing EfficiencyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Recent Insider Transactions • Sep 11Co-Founder & Director recently sold US$121k worth of stockOn the 8th of September, Robert Brown sold around 84k shares on-market at roughly US$1.44 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$373k.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: US$0.053 (vs US$0.024 in 2Q 2021)Second quarter 2022 results: EPS: US$0.053 (up from US$0.024 in 2Q 2021). Revenue: US$67.8m (flat on 2Q 2021). Net income: US$1.15m (up 124% from 2Q 2021). Profit margin: 1.7% (up from 0.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Seeking Alpha • Aug 16SPAR Non-GAAP EPS of $0.06, revenue of $67.8MSPAR press release (NASDAQ:SGRP): Q2 Non-GAAP EPS of $0.06. Revenue of $67.8M (+0.9% Y/Y). Gross profit was $12.9M, or 19.1% of revenues, compared to $12.0M, or 17.9% of revenues, in the prior year quarter. Consolidated Adjusted EBITDA in the 2022 quarter was $3.0M, compared to $2.7M in the prior year.분석 기사 • Aug 16SPAR Group (NASDAQ:SGRP) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Aug 05SPAR Group, Inc. to Report Q2, 2022 Results on Aug 16, 2022SPAR Group, Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 16, 2022공시 • Jul 13SPAR Group Receives Audit Committee Requirements Compliance Notice from NasdaqAs previously reported in connection with the amendment and restatement of SPAR Group, Inc.'s By-Laws on January 25, 2022 (the "Restated By-Laws"), as described in SGRP's Current Report on Form 8-K as filed with the SEC on January 28, 2022 (the "CIC Report"), the Board received written notice from Mr. Panagiotis ("Panos") N. Lazaretos respecting his retirement on January 25, 2022, from his memberships on SGRP Board and its Audit Committee. As a result and since then, SGRP's Audit Committee has had only two (2) members, and SGRP has been actively seeking an additional "Super Independent Director" (as defined in its Restated By-Laws and described in the CIC Report) for memberships on the Board and Audit Committee. Subsequently, SGRP received a notification letter from Nasdaq dated July 7, 2022 (the "Nasdaq Deficiency Letter"), stating that SGRP no longer complies with Nasdaq's Audit Committee requirements. Nasdaq Listing Rule 5605(c)(2) requires that a listed company have an audit committee of at least three (3) independent directors with members that each have financial literacy and even greater independence than ordinary Board members (the "Audit Committee Requirements"). For example, audit committee members cannot be affiliates of or consultants to a listed company under SEC and Nasdaq Rules. In the Nasdaq Deficiency Letter, Nasdaq's Staff has required that SGRP must submit evidence of its compliance by no later than July 25, 2022, with the Audit Committee Requirements. SGRP must submit to Nasdaq documentation, including biographies of any new directors, evidencing compliance with the rules no later than this date. In the event SGRP does not regain compliance by that date, Nasdaq Rules require Nasdaq's Staff to provide written notification to SGRP that its securities will be delisted. At that time, SGRP may appeal the delisting determination to a Nasdaq Hearings Panel.Board Change • Jul 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (4 non-independent directors). Co-Founder & Director William Bartels is the most experienced director on the board, commencing their role in 1999. Independent Director Michael Wager was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Jun 14SPAR Group, Inc., Annual General Meeting, Jul 12, 2022SPAR Group, Inc., Annual General Meeting, Jul 12, 2022, at 12:00 US Eastern Standard Time. Agenda: To consider to re-elect six directors of SGRP (all incumbents on May 20, 2022) to serve on SGRP's Board of Directors during the ensuing year and until their successors are elected and qualified; to ratify, on an advisory basis, the appointment of BDO USA, LLP, as the independent registered accounting firm for the corporation and its subsidiaries for the year ending December 31, 2022; to approve, on an advisory basis, the compensation of the named executive officers, as disclosed in this proxy statement; and to select, on an advisory basis, whether the corporation should request an advisory vote from its stockholders respecting compensation of the named executive officers every one, two or three years.공시 • May 12SPAR Group, Inc. to Report Q1, 2022 Results on May 16, 2022SPAR Group, Inc. announced that they will report Q1, 2022 results Pre-Market on May 16, 2022공시 • Apr 01SPAR Group, Inc. announced delayed annual 10-K filingOn 03/31/2022, SPAR Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Reported Earnings • Mar 30Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$0.084 loss per share (down from US$0.16 profit in FY 2020). Revenue: US$255.7m (up 11% from FY 2020). Net loss: US$1.78m (down 153% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.25, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 13x in the Media industry in the US. Total returns to shareholders of 103% over the past three years.분석 기사 • Feb 01If You Like EPS Growth Then Check Out SPAR Group (NASDAQ:SGRP) Before It's Too LateLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Recent Insider Transactions • Dec 18Key Executive recently sold US$129k worth of stockOn the 9th of December, Robert Brown sold around 100k shares on-market at roughly US$1.29 per share. This was the largest sale by an insider in the last 3 months. Robert has been a seller over the last 12 months, reducing personal holdings by US$553k.Recent Insider Transactions • Nov 26Co-Founder & Director recently sold US$68k worth of stockOn the 22nd of November, William Bartels sold around 49k shares on-market at roughly US$1.37 per share. In the last 3 months, there was an even bigger sale from another insider worth US$325k. William has been a seller over the last 12 months, reducing personal holdings by US$602k.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS US$0.055 (vs US$0.054 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$67.4m (up 14% from 3Q 2020). Net income: US$1.18m (up 3.1% from 3Q 2020). Profit margin: 1.8% (down from 1.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 08Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$1.71, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the Media industry in the US. Total returns to shareholders of 86% over the past three years.Recent Insider Transactions • Sep 08Co-Founder & Director recently sold US$118k worth of stockOn the 3rd of September, William Bartels sold around 71k shares on-market at roughly US$1.65 per share. This was the largest sale by an insider in the last 3 months. William has been a seller over the last 12 months, reducing personal holdings by US$486k.Recent Insider Transactions • Sep 01Co-Founder & Director recently sold US$78k worth of stockOn the 27th of August, William Bartels sold around 47k shares on-market at roughly US$1.65 per share. In the last 3 months, they made an even bigger sale worth US$102k. William has been a seller over the last 12 months, reducing personal holdings by US$368k.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS US$0.024 (vs US$0.005 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$67.2m (up 32% from 2Q 2020). Net income: US$514.0k (up US$617.0k from 2Q 2020). Profit margin: 0.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Aug 17Co-Founder & Director recently sold US$102k worth of stockOn the 10th of August, William Bartels sold around 53k shares on-market at roughly US$1.93 per share. In the last 3 months, there was an even bigger sale from another insider worth US$253k. William has been a seller over the last 12 months, reducing personal holdings by US$290k.분석 기사 • Aug 02Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 28% share price gain to US$1.95, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 15x in the Media industry in the US. Total returns to shareholders of 57% over the past three years.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.51, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 17x in the Media industry in the US. Total returns to shareholders of 17% over the past three years.분석 기사 • Jul 15Does SPAR Group (NASDAQ:SGRP) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...공시 • Jun 23Spar Group Receives A Notification Letter from NasdaqOn June 9, 2021, in a letter to the Corporation, all three members of SPAR Group, Inc.'s Audit Committee, namely Mr. Arthur H. Baer, Mr. Igor Novgorodtsev, and Mr. Jeffrey A. Mayer (each a "Resigning Independent Director"), resigned from the Corporation's Board of Directors (the "Board") and all of its committees, effective immediately (the "Resignations"). Management informed Nasdaq of the receipt of the Resignations on June 11, 2021. As a result of the Resignations, SGRP received a notification letter from Nasdaq dated June 15, 2021 (the "Nasdaq Deficiency Letter"), stating that SGRP no longer complies with Nasdaq's majority independent director and audit committee requirements as set forth in Nasdaq Listing Rule 5605 (“Nasdaq Rules”). In the Nasdaq Deficiency Letter, Nasdaq noted that a listed company normally has 45 calendar days to submit a detailed plan to regain compliance for non-compliance with the Nasdaq Rules. However, Nasdaq's Staff determined to give a shortened deadline for SGRP to submit its plan to regain compliance, until June 29, 2021, pursuant to its discretionary authority set forth in Listing Rule 5101.3.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 SGRP 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: SGRP 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장SPAR Group 배당 수익률 vs 시장SGRP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SGRP)n/a시장 하위 25% (US)1.4%시장 상위 25% (US)4.3%업계 평균 (Media)3.3%분석가 예측 (SGRP) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 SGRP 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 SGRP 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 SGRP 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: SGRP 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YUS 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 19:27종가2026/06/18 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SPAR Group, Inc.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Theodore O'NeillLitchfield Hills Research, LLCMatthew PaulSidoti & Company, LLC
Reported Earnings • May 14First quarter 2026 earnings released: US$0.023 loss per share (vs US$0.02 profit in 1Q 2025)First quarter 2026 results: US$0.023 loss per share (down from US$0.02 profit in 1Q 2025). Revenue: US$30.5m (down 10% from 1Q 2025). Net loss: US$553.0k (down 220% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
공시 • May 14SPAR Group, Inc. Reiterates Earnings Guidance for the Full Year 2026SPAR Group, Inc. reiterated earnings guidance for the full year 2026. For the year, the company expects Net sales in the range of $143 million to $151 million, compared to 2025 Net sales of $136 million for the U.S. and Canada.
공시 • May 06SPAR Group, Inc. to Report Q1, 2026 Results on May 12, 2026SPAR Group, Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026
공시 • May 04SPAR Group, Inc., Annual General Meeting, Jun 11, 2026SPAR Group, Inc., Annual General Meeting, Jun 11, 2026.
공시 • Apr 08SPAR Group, Inc. Receives A Non-Compliance Notification Letter from NasdaqSPAR Group, Inc. received a notification letter from Nasdaq on April 2, 2026, that the Company does not meet the requirement to maintain a minimum of $2,500,000 in stockholders' equity for continued listing on the Nasdaq Capital Market. The letter specified that because the Company's Form 10-K for the year ended December 31, 2025, reported stockholders' equity of $622,000, the Company no longer complies with Nasdaq's Listing Rule requiring a minimum of $2,500,000 in stockholders' equity for continued listing, and the Company currently does not satisfy the alternatives of minimum market value of listed securities of $35 million or minimum net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years. The notification letter from Nasdaq stated that under our Rules the Company has 45 calendar days to submit a plan to regain compliance. If your plan is accepted, we can grant an extension of up to 180 calendar days from the date of this letter to evidence compliance. Your plan should be as definitive as possible, addressing any issues that you believe would support your request for an extension. You are encouraged to provide any relevant documentation, including but not limited to financial projections, agreements, offering circulars, letters of intent and contracts and the timeline to complete your plan".
Reported Earnings • Apr 02Full year 2025 earnings released: US$1.04 loss per share (vs US$0.096 loss in FY 2024)Full year 2025 results: US$1.04 loss per share (further deteriorated from US$0.096 loss in FY 2024). Revenue: US$136.1m (down 17% from FY 2024). Net loss: US$24.6m (loss widened US$22.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
공시 • Mar 31Spar Group, Inc. Provides Sales Guidance for the Fiscal Year 2026SPAR Group, Inc. provided sales guidance for the Fiscal year 2026. For the year, the company expects net sales of $143 million - $151 million.
공시 • Mar 28SPAR Group, Inc. to Report Q4, 2025 Results on Mar 31, 2026SPAR Group, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 31, 2026
공시 • Mar 27SPAR Group and ReposiTrak Launch Integrated Service to Help Retailers Protect Sales, Reduce Labor Pressure, and Keep Shelves FullReposiTrak and SPAR Group, Inc. announced a strategic agreement designed specifically to help retailers improve on-shelf availability, reduce store-level labor strain, and ensure that high-velocity products reach the shelf quickly and consistently. The new ReposiTrak–SPAR solution directly addresses these pressures by combining ReposiTrak’s proprietary technologies for scan-based trading, perpetual inventory accuracy, out-of-stock detection, and route optimization with SPAR’s nationwide, on-demand service workforce capable of executing merchandising tasks in any store, anywhere in the country. Together, the companies deliver a practical, scalable way for retailers to maintain strong in-stock performance without adding workload to store teams. A standout component of the partnership is surge or on-demand merchandising — a coordinated service that aligns field labor with the arrival of critical inventory. When trucks arrive with promotional items, seasonal goods, or high-velocity SKUs, SPAR teams can be dispatched immediately to relieve pressure on store employees, ensure product is stocked quickly and correctly, prevent sales loss from delayed shelf placement, and support stores during peak periods or labor shortages. This model gives retailers a flexible labor buffer exactly when and where it’s needed. The integrated service is available immediately to retailers and suppliers across the United States and is designed to support grocery, mass, club, dollar, convenience, and specialty retail. This strategic partnership creates a unique capability. The marriage of advanced technology and the skilled, on-demand workforce.
공시 • Jan 16SPAR Group, Inc. Receives Non-Compliance Letter from NasdaqOn January 12, 2026, SGRP (SPAR Group, Inc.) received a notification letter from Nasdaq that SGRP's common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The notification letter from Nasdaq stated that: "The Rules also provide the Company a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180 day period the closing bid price of the Company's security is at least $1 for a minimum of ten consecutive business days, we will provide you written confirmation of compliance and this matter will be closed".
공시 • Jan 02SPAR Group, Inc. Appoints Jean Richer as Head of North American Sales & MarketingSPAR Group, Inc. announced the promotion of Jean Richer to Head of North American Sales & Marketing, reinforcing the Company’s focus on accelerating revenue growth across merchandising and consumer packaged goods clients in the United States and Canada. In this role, Richer leads SPAR’s commercial growth agenda across North America. He brings more than 25 years of executive-level experience across the CPG and retail services landscape, having built his career leading complex sales, marketing and go-to-market initiatives with global consumer brands including Seagram’s, Lactalis, Keurig Dr Pepper and Anheuser-Busch, as well as holding senior leadership roles within the retail services and agency sector. His background uniquely positions him to help SPAR capitalize on evolving retailer and brand needs through modern, data-enabled merchandising solutions.
공시 • Dec 11SPAR Group, Inc. Announces Chief Financial Officer ChangesSPAR Group, Inc. announced the appointment of Mr. Steven Hennen as the Company’s Chief Financial Officer, effective December 8, 2025. Hennen succeeds Antonio Calisto Pato, who served as the Company’s CFO since February 2023. Calisto Pato will be actively involved in the fourth-quarter and full-year reporting process, and will serve as an advisor to ensure a smooth transition through the filing of the Company’s 2025 Annual Report on Form 10-K. Hennen brings more than 25 years of experience in finance and operational leadership, guiding companies through transformation, overseeing finance, accounting, treasury, business systems, human resources and risk management. His work has consistently focused on creating strategic clarity and strengthening organizational alignment. Most recently, Hennen served as President and Chief Financial Officer of Baker & Taylor LLC, a multi hundred-million-dollar annual revenue company, where he managed global finance and operations. His earlier leadership roles included Vice President of Finance and Accounting and Corporate Controller at Red Ventures, a well-known billion dollar plus digital marketing company where Hennen participated in significant accretive M&A activity, and supported the company’s data monetarization activity. Hennen also held CFO and senior leadership roles for DyStar, L.P./Color Solutions International, Boehme Filatex, Inc., and Technimark, Inc. He began his career with KPMG, LLP, advancing to Audit Manager, and earned a Bachelor of Science in Accounting from Marquette University in Milwaukee, Wisconsin.
Reported Earnings • Nov 16Third quarter 2025 earnings released: US$0.37 loss per share (vs US$0.006 loss in 3Q 2024)Third quarter 2025 results: US$0.37 loss per share (further deteriorated from US$0.006 loss in 3Q 2024). Revenue: US$41.4m (up 9.6% from 3Q 2024). Net loss: US$8.76m (loss widened US$8.62m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
공시 • Nov 14SPAR Group, Inc. Appoints William Linnane as Chief Executive Officer, Effective November 14, 2025SPAR Group, Inc. announced the appointment of William Linnane as its Chief Executive Officer. Linnane, who has served as President and Interim CEO since earlier this year, assumes the permanent CEO role, effective November 14, 2025. In conjunction with the appointment, Linnane also joins the Company’s Board of Directors.
공시 • Oct 31SPAR Group, Inc. Appoints James Gillis as Executive Chairman, Effective October 30, 2025SPAR Group, Inc. announced that 40-year retail and distribution industry veteran James Gillis is Executive Chairman, effective immediately on October 30, 2025. Gillis will join recently named President William Linnane in leading and overseeing the organization. As part of this leadership transition, Linnane will report to Gillis and hold overall responsibility for managing the company’s operational execution with a targeted goal of achieving record-setting earnings by year-end 2026. Gillis added that the divestiture of the company’s international ventures and focus on the North American market is enabling it to drive performance and innovation for the benefit of SPAR’s brand and retail partners.
공시 • Oct 08SPAR Group, Inc. Announces Executive ChangesSPAR Group announced strategic and leadership advancements. Commencing a new chapter for SPAR Group, management anticipates outperforming key financial metrics in 2026, following nearly two years of strategic alternatives work, the divestment of offshore businesses and the repositioning of its operations. The Company recently named William Linnane as President, based on his demonstrated strategic leadership. Linnane has consistently delivered robust revenue goals while driving a strong sales pipeline across the Company’s core markets, along with disciplined expense control throughout the organization. SPAR recently named retail industry expert Josh Jewett as SPAR’s Chief Technology Officer, reporting to Linnane, to lead the Company’s vision for digital transformation and innovation. Jewett brings a unique and valuable perspective, having served as a Fortune 500 CIO and spent the last five years working with innovative, early-stage software companies. Under his leadership, the Company will focus on key partnerships and solutions aimed at further transforming internal operations, while providing enhanced value to clients that drives competitive differentiation.
공시 • Aug 29+ 1 more updateSPAR Group Announces Executive ChangesSPAR Group announced that Mike Matacunas, President, will retire from the company in October 2025, after nearly five years of exceptional leadership in the role. William Linnane, SPAR Group’s Chief Strategy and Growth Officer, has been appointed President, effective immediately. In addition, Kori Belzer, Global Chief Operating Officer, is retiring and Ron Lutz, Global Chief Commercial Officer, will transition to an executive advisor to the company as of August 29, 2025. Matacunas joined SPAR Group in 2021 and led a multi-year transformation of the business. Under his leadership, SPAR Group strengthened its market position by exiting international joint ventures, doubling the U.S. and Canadian businesses, increasing profitability, accelerating digital innovation and expanding into new segments. Matacunas also led SPAR Group’s growth strategy, with a focus on attracting experienced retail and services professionals who will drive the long-term success of the company. As a result, the company is now on track to deliver against the largest new business pipeline in its 50-year history while maintaining relationships across some of the world’s best retail and brand companies. Linnane joined SPAR in 2021 as a member of the company’s Executive Leadership Team and played a pivotal role in elevating the brand's U.S. and global perception. As Global Chief Strategy and Growth Officer, he helped bring new clients to the company and strengthen SPAR’s position as a leader in the merchandising and remodel services industries. Prior to joining SPAR, Linnane served in senior executive roles at Sears, Eason Retail and Tesco.
Board Change • Aug 24High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Mike Matacunas 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.
공시 • Jun 13Robert Brown Files an Exempt Solicitation Statement with Securities and Exchange CommissionOn June 12, 2025, Robert G. Brown announced that he has filed an exempt solicitation statement with Securities and Exchange Commission, noting that the Company’s June 11, 2025, release does not address the reason(s) for the drop in stock price from $2.97 on June 3, 2024, to $1.02 on May 29, 2025, or how the Board plans to increase the stock price. In addition, Robert Brown for consideration and implementation recommended 1) a 6,000,000-share buyback, 2) a $.02/per share quarterly dividend, 3) a review by the Board of the Company's Amended and Restated Bylaws, adopted effective as of January 18, 2022, and the best practices, 4) a review of Board compensation to determine if making the compensation partly dependent on the share price would be in the best interest of the shareholders, 5) a review by the Compensation Committee to determine if the shareholders would be more effectively served by having a high proportion of management's compensation based on delivering shareholder value and positive net earnings, to the Company board of directors. Further, Robert Brown believes that his recommendations are in the best interests of the shareholders and encourages the Board to be transparent and explicitly advise the shareholders what the Board's position is on all 5 of his recommendations.
공시 • May 29SPAR Group Provides Nasdaq Compliance & Non-Compliance UpdateSPAR Group, Inc. services announced two Nasdaq notifications. On May 21, 2025, SGRP received a notification letter from Nasdaq stating that SPAR Group is in compliance with regard to its Annual Report on Form 10-K filed on May 16th. On May 22, 2025, Nasdaq notified SGRP that it did not timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2025. Based on this latest notice, the Company is not in compliance with Listing Rule 5250 (c)(1), which requires the Company to timely file all required periodic financial reports with the Securities and Exchange Commission. The Notice received from Nasdaq has no immediate effect on the listing or trading of the Company’s shares. Nasdaq has provided the Company 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company an exception until October 13, 2025, to regain compliance with the Nasdaq Listing Rules. The Company continues to work diligently to complete its Fiscal 2025 Form 10-Q, after which the Company anticipates maintaining compliance with its SEC reporting obligations.
공시 • May 24Highwire Capital, LLC terminated the transaction to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others.Highwire Capital, LLC signed a letter of intent to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others for $59.9 million on June 5, 2024. Highwire Capital, LLC entered into an Agreement and Plan of Merger to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others on August 30, 2024. A cash consideration valued at $2.5 per share will be paid by Highwire Capital. In addition, the Board and Special Committee expect to receive and review a fairness opinion from its financial advisor prior to the execution of any definitive agreements. Highwire is expected to retain the SPAR executive team. If the Merger Agreement is terminated by either of the party, then a termination fee of 3% (approximately $1.76 million) will be paid. Upon the closing of the Merger, the Shares will be delisted from Nasdaq and deregistered under the Exchange Act. Highwire Capital has obtained a debt financing commitment, the proceeds of which will be sufficient for Highwire Capital to consummate the transactions contemplated by the merger agreement. Funds managed by CAP Services, LLC d/b/a Capital Platform have committed to provide up to $115 million of senior secured credit facilities. SPAR Group, Inc. today that it received a Third Extension of Amended and Restated Commitment Letter for the financing required under the merger agreement with Highwire Capital extending the Commitment Termination Date to March 17, 2025. All other terms and conditions set forth in the Commitment Letter remain unchanged. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement and approval by SGRP’s stockholders. The deal has been unanimously approved by the board of both companies. As of October 25, 2024, SPAR Group, Inc. stockholders approved the merger. The transaction is expected to close in the fourth quarter of 2024. Lincoln International LLC acted as financial advisor and fairness opinion advisor for SPAR Group, Inc. Jason M. Hille of Foley & Lardner LLP acted as legal advisor for SPAR Group, Inc. Kenn Webb and Justin Shelton of Ferguson Braswell Fraser Kubasta PC acted as legal advisors for Highwire Capital, LLC. Computershare Trust Company, National Association acted as transfer agent and D.F. King & Co., Inc. acted as proxy solicitor to SPAR Group, Inc. SPAR Group, Inc agreed to pay DFK a fee of approximately $20,000, plus reasonable out-of-pocket expenses for its services. Highwire Capital, LLC terminated the transaction to acquire SPAR Group, Inc. (NasdaqCM:SGRP) from William H. Bartels and others on May 23, 2025.
공시 • May 16SPAR Group, Inc. announced delayed 10-Q filingOn 05/15/2025, SPAR Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 01SPAR Group, Inc. announced delayed annual 10-K filingOn 03/31/2025, SPAR Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
공시 • Mar 18SPAR Group, Inc., Annual General Meeting, Jun 12, 2025SPAR Group, Inc., Annual General Meeting, Jun 12, 2025.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Media industry in the US. Total returns to shareholders of 21% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$1.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Media industry in the US. Total returns to shareholders of 39% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.006 loss per share (down from US$0.011 profit in 3Q 2023). Revenue: US$37.8m (down 44% from 3Q 2023). Net loss: US$144.0k (down 156% from profit in 3Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Oct 23Insider recently sold US$394k worth of stockOn the 18th of October, Robert Brown sold around 164k shares on-market at roughly US$2.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$805k more than they bought in the last 12 months.
Recent Insider Transactions • Oct 15Insider recently sold US$241k worth of stockOn the 10th of October, Robert Brown sold around 99k shares on-market at roughly US$2.43 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$401k more than they bought in the last 12 months.
New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Significant insider selling over the past 3 months (US$154k sold). Market cap is less than US$100m (US$44.0m market cap).
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.027 in 2Q 2023)Second quarter 2024 results: EPS: US$0.15 (up from US$0.027 in 2Q 2023). Revenue: US$57.3m (down 13% from 2Q 2023). Net income: US$3.63m (up 468% from 2Q 2023). Profit margin: 6.3% (up from 1.0% in 2Q 2023). Revenue is expected to decline by 25% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Aug 13SPAR Group, Inc. to Report Q2, 2024 Results on Aug 14, 2024SPAR Group, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 14, 2024
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to US$2.17, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Media industry in the US. Total returns to shareholders of 43% over the past three years.
분석 기사 • Jun 05SPAR Group, Inc. (NASDAQ:SGRP) Stock Catapults 72% Though Its Price And Business Still Lag The IndustrySPAR Group, Inc. ( NASDAQ:SGRP ) shares have continued their recent momentum with a 72% gain in the last month alone...
New Risk • Jun 04New 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 American stocks, typically moving 16% 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 (16% average weekly change). Earnings are forecast to decline by an average of 59% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.1% increase in shares outstanding). Significant insider selling over the past 3 months (US$1.9m sold). Market cap is less than US$100m (US$60.6m market cap).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$2.21, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Media industry in the US. Total returns to shareholders of 42% over the past three years.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.037 in 1Q 2023)First quarter 2024 results: EPS: US$0.28 (up from US$0.037 in 1Q 2023). Revenue: US$68.7m (up 6.7% from 1Q 2023). Net income: US$6.63m (up US$5.76m from 1Q 2023). Profit margin: 9.6% (up from 1.3% in 1Q 2023). Revenue is expected to decline by 25% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
공시 • May 11SPAR Group, Inc. to Report Q1, 2024 Results on May 15, 2024SPAR Group, Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024
공시 • May 03Lindicom Proprietary Limited completed the acquisition of unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP).Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million on April 1, 2024. Prior to this transaction, Lindicom was a holding a unknown minority stake in SGRP Meridian. In a separate transaction, An Unknown buyer agreed to acquire the remaining stake in SGRP Brasil Participações Ltda for approximately ZAR 220 million. As part of the divestiture agreements, Australia and The Meridian Group have also entered into software as a service (SAAS) agreements with SPAR Group to continue the use of SPAR’s technology. These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter. Lindicom Proprietary Limited completed the acquisition of unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on May 2, 2024.
공시 • May 02SPAR Group, Inc. (NasdaqCM:SGRP) acquired remaining 49% stake in Resource Plus of North Florida, Inc. for $3 million.SPAR Group, Inc. (NasdaqCM:SGRP) acquired remaining 49% stake in Resource Plus of North Florida, Inc. for $3 million on May 1, 2024. Based on the terms set in the original joint venture agreement, SPAR Group will pay a total of $3 million in annual payments over a five-year period. SPAR Group, Inc. (NasdaqCM:SGRP) completed the acquisition of remaining 49% stake in Resource Plus of North Florida, Inc. on May 1, 2024.
분석 기사 • Apr 08SPAR Group's (NASDAQ:SGRP) Profits Appear To Have Quality IssuesThe market for SPAR Group, Inc.'s ( NASDAQ:SGRP ) stock was strong after it released a healthy earnings report last...
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 39%After last week's 39% share price gain to US$1.87, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 11x in the Media industry in the US. Total loss to shareholders of 2.1% over the past three years.
Recent Insider Transactions • Apr 04Insider recently sold US$68k worth of stockOn the 1st of April, Robert Brown sold around 50k shares on-market at roughly US$1.35 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$68k more than they bought in the last 12 months.
Reported Earnings • Apr 02Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$0.17 (up from US$0.033 loss in FY 2022). Revenue: US$262.7m (flat on FY 2022). Net income: US$3.90m (up US$4.63m from FY 2022). Profit margin: 1.5% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 129%. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Apr 02Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million.Lindicom Proprietary Limited agreed to acquire an unknown majority stake in SGRP Meridian (pty) Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) for approximately ZAR 180 million on April 1, 2024. Prior to this transaction, Lindicom was a holding a unknown minority stake in SGRP Meridian. In a separate transaction, An Unknown buyer agreed to acquire the remaining stake in SGRP Brasil Participações Ltda for approximately ZAR 220 million. As part of the divestiture agreements, Australia and The Meridian Group have also entered into software as a service (SAAS) agreements with SPAR Group to continue the use of SPAR’s technology. These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.
분석 기사 • Apr 02A Piece Of The Puzzle Missing From SPAR Group, Inc.'s (NASDAQ:SGRP) 29% Share Price ClimbThe SPAR Group, Inc. ( NASDAQ:SGRP ) share price has done very well over the last month, posting an excellent gain of...
분석 기사 • Apr 02SPAR Group, Inc. (NASDAQ:SGRP) Soars 29% But It's A Story Of Risk Vs RewardSPAR Group, Inc. ( NASDAQ:SGRP ) shareholders have had their patience rewarded with a 29% share price jump in the last...
New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (US$22.5m market cap).
공시 • Mar 29SPAR Group, Inc. to Report Q4, 2023 Results on Apr 01, 2024SPAR Group, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Apr 01, 2024
공시 • Feb 28An undisclosed buyer acquired an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP).An undisclosed buyer acquired an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on February 27, 2024.An undisclosed buyer completed the acquisition of an unknown stake in Spar (shanghai) Marketing Management Company Ltd from SPAR Group, Inc. (NasdaqCM:SGRP) on February 27, 2024.
공시 • Nov 17SPAR Group, Inc. Announces Departure of Mr. Robert G. Brown from the BoardSPAR Group, Inc. announced Mr. Robert G. Brown, one of the founders of SGRP and a former Chairman of the Board, was not a candidate for reelection at the 2023 Annual Meeting, on November 8, 2023, so at the conclusion of the 2023 Annual Meeting on November 9, 2023, Mr. Robert G. Brown was not reelected and ceased being a director on the Board pursuant to his non-candidacy, his resignation and retirement letter, and applicable law. Mr. Robert G. Brown occupied one of the Brown Board Seats.
Reported Earnings • Nov 17Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.011 (up from US$0.001 loss in 3Q 2022). Revenue: US$67.3m (down 3.6% from 3Q 2022). Net income: US$259.0k (up US$291.0k from 3Q 2022). Profit margin: 0.4% (up from 0% in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
공시 • Nov 08SPAR Group, Inc. to Report Q3, 2023 Results on Nov 14, 2023SPAR Group, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 14, 2023
공시 • Oct 15SPAR Group, Inc., Annual General Meeting, Nov 09, 2023SPAR Group, Inc., Annual General Meeting, Nov 09, 2023, at 12:00 Eastern Standard Time. Agenda: To reelect five (5) Directors of SGRP (all incumbents on October 13, 2023) to serve on SGRP's Board of Directors (the " Board") during the ensuing year and until their respective successors have been duly elected and seated on the Board, which candidates are Mr. William H. Bartels (on an advisory basis), Mr. John Bode, Mr. James R. Gillis, Ms. Linda Houston, and Mr. Michael R. Matacunas (on an advisory basis). See Proposal 1, below; to ratify, on an advisory basis, the appointment of BDO USA, LLP, as the independent registered accounting firm for the Corporation and its subsidiaries for the year ending December 31, 2023; to approve, on an advisory basis, the compensation of the Named Executive Officers, as disclosed in this Proxy Statement (i.e., "Say on Pay"); and to select, on an advisory basis, whether the Corporation should request an advisory vote from its stockholders respecting compensation of the Named Executive Officers every one (1), two (2) or three (3) years.
분석 기사 • Sep 17Is SPAR Group (NASDAQ:SGRP) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공시 • Sep 14SPAR Group, Inc. Announces Resignation of Sean M. Whelan from its Board of Directors and its Committees, Effective September 30, 2023SPAR Group, Inc. announced on September 7, 2023, in an e-mail to the Corporation, Mr. Sean M. Whelan resigned from the Corporation's Board of Directors and its Committees, effective September 30, 2023, and said he will not be a candidate for re-election at the Annual Meeting of the Corporation's stockholders scheduled for November 9, 2023. Mr. Whelan joined the Board on October 14, 2021, and was Chairman of the Corporation's Audit Committee, and a member of its Governance Committee and Compensation Committee. He was an independent director both under the general Nasdaq Rules and under Nasdaq's more stringent Audit Committee Rules, the designated audit committee financial expert under SEC Rules, and one of the Board's two Super Independent Directors under the Corporation's By-Laws (which requires three such directors).
공시 • Aug 24SPAR Group, Inc. Appoints James R. Gillis to the Board, the Board's Audit Committee, the Compensation Committee, the Governance Committee and the Special CommitteeOn August 10, 2023, the Board of Directors of SPAR Group, Inc. appointed Mr. James R. Gillis to the Board, which he later accepted in writing on August 17, 2023. Mr. Gillis was also appointed on August 10, 2023, to the Board's Audit Committee, the Compensation Committee, the Governance Committee and the Special Committee. Mr. James R. Gillis is a pioneer in the retail display space who gained unparalleled experience in business development and established himself as a respected leader, innovator and trusted advisor. He is currently the CEO of Gillis & Associates, Inc., an M&A advisory firm that helps buyers and sellers in complex transactions. From 1993 to 2011, Mr. Gillis was the CEO of Source Interlink Companies, Inc. From 1989 to 1993, he was Managing Partner of Aders, Wilcox, Gillis Group, a global developer of trade relationships serving major brand marketers and retailers worldwide. Mr. Gillis currently serves on the boards of American Stock Transfer & Trust Company, LLC (AST), and Travelport Worldwide LTD, and is an advisor to Siris Capital Group and Platinum Equity. He has served on the boards and committees of multiple companies including Source Interlink, Park City Group, and Globe Communications. Mr. Gillis attended Nova University in Fort Lauderdale.
New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Market cap is less than US$100m (US$28.4m market cap).
Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Sean Whelan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Aug 11SPAR Group, Inc. to Report Q2, 2023 Results on Aug 14, 2023SPAR Group, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 14, 2023
공시 • Jul 14SPAR Group, Inc. Announces Board ChangesSPAR Group, Inc. Announced that Michael Wager, the Chairman of the Board and a director of the Company, passed away on July 8, 2023. Mr. Wager served as Chairman of the Board since 2022, served on the Board since 2021, and also served on the Board 's Audit and Governance Committees. Under the Corporation’s By-Laws, Mr. Matacunas assumes the role of Chairman until a new Super Independent Director is elected to the role by the Board.
공시 • May 16SPAR Group, Inc. announced delayed 10-Q filingOn 05/15/2023, SPAR Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • May 11SPAR Group, Inc. to Report Q1, 2023 Results on May 15, 2023SPAR Group, Inc. announced that they will report Q1, 2023 results Pre-Market on May 15, 2023
분석 기사 • Apr 28Here's Why SPAR Group (NASDAQ:SGRP) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$0.033 loss per share (improved from US$0.084 loss in FY 2021). Revenue: US$261.3m (up 2.2% from FY 2021). Net loss: US$732.0k (loss narrowed 59% from FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
공시 • Jan 20+ 1 more updateSpar Group, Inc. Announces Executive ChangesSGRP is announcing that, as part of a planned process, Ms. Fay DeVriese will be leaving SGRP as its Chief Financial Officer, Secretary and Treasurer, effective as of January 31, 2023. On February 1, 2023, SGRP's Vice President of Finance & Corporate Controller, Ms. Rohini Nedadur, will become SGRP's Interim Chief Financial Officer, and she and SGRP's International Controller, Mr. Jeff Xie, will report directly to SGRP's Chief Executive Officer, Mr. Michael R. Matacunas. SGRP is actively seeking a new Chief Financial Officer. On January 13, 2023, Ms. DeVriese and SGRP entered into an agreement (the " Agreement") providing for her separation from the Company and her agreement to be available to SGRP to assist with the 2022 year-end financial data and the 2023 budget and to assist in the orderly transition of her team to a new CFO or equivalent, all as needed and as reasonably directed by the Chief Executive Officer of SGRP. In the Agreement, in return for the settlement of any and all agreements and issues between them, SGRP has agreed (among other things) to pay her $87,500.00 and to pay for her COBRA premiums for her ongoing benefits through April 2023. The Corporation does not intend, assume any obligation, or promise to publicly update or revise any information respecting the composition or organization of its executives, or such strategic review process, other than the required reporting of any appointment of a new Chief Financial Officer.
Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.001 loss per share (vs US$0.055 profit in 3Q 2021)Third quarter 2022 results: US$0.001 loss per share (down from US$0.055 profit in 3Q 2021). Revenue: US$69.8m (up 3.6% from 3Q 2021). Net loss: US$32.0k (down 103% from profit in 3Q 2021). Profit margin: 0% (down from 1.8% in 3Q 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Nov 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (4 non-independent directors). Co-Founder & Director William Bartels is the most experienced director on the board, commencing their role in 1999. Independent Chairman Michael Wager was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
분석 기사 • Oct 26SPAR Group (NASDAQ:SGRP) Is Investing Its Capital With Increasing EfficiencyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Recent Insider Transactions • Sep 11Co-Founder & Director recently sold US$121k worth of stockOn the 8th of September, Robert Brown sold around 84k shares on-market at roughly US$1.44 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$373k.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: US$0.053 (vs US$0.024 in 2Q 2021)Second quarter 2022 results: EPS: US$0.053 (up from US$0.024 in 2Q 2021). Revenue: US$67.8m (flat on 2Q 2021). Net income: US$1.15m (up 124% from 2Q 2021). Profit margin: 1.7% (up from 0.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Seeking Alpha • Aug 16SPAR Non-GAAP EPS of $0.06, revenue of $67.8MSPAR press release (NASDAQ:SGRP): Q2 Non-GAAP EPS of $0.06. Revenue of $67.8M (+0.9% Y/Y). Gross profit was $12.9M, or 19.1% of revenues, compared to $12.0M, or 17.9% of revenues, in the prior year quarter. Consolidated Adjusted EBITDA in the 2022 quarter was $3.0M, compared to $2.7M in the prior year.
분석 기사 • Aug 16SPAR Group (NASDAQ:SGRP) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Aug 05SPAR Group, Inc. to Report Q2, 2022 Results on Aug 16, 2022SPAR Group, Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 16, 2022
공시 • Jul 13SPAR Group Receives Audit Committee Requirements Compliance Notice from NasdaqAs previously reported in connection with the amendment and restatement of SPAR Group, Inc.'s By-Laws on January 25, 2022 (the "Restated By-Laws"), as described in SGRP's Current Report on Form 8-K as filed with the SEC on January 28, 2022 (the "CIC Report"), the Board received written notice from Mr. Panagiotis ("Panos") N. Lazaretos respecting his retirement on January 25, 2022, from his memberships on SGRP Board and its Audit Committee. As a result and since then, SGRP's Audit Committee has had only two (2) members, and SGRP has been actively seeking an additional "Super Independent Director" (as defined in its Restated By-Laws and described in the CIC Report) for memberships on the Board and Audit Committee. Subsequently, SGRP received a notification letter from Nasdaq dated July 7, 2022 (the "Nasdaq Deficiency Letter"), stating that SGRP no longer complies with Nasdaq's Audit Committee requirements. Nasdaq Listing Rule 5605(c)(2) requires that a listed company have an audit committee of at least three (3) independent directors with members that each have financial literacy and even greater independence than ordinary Board members (the "Audit Committee Requirements"). For example, audit committee members cannot be affiliates of or consultants to a listed company under SEC and Nasdaq Rules. In the Nasdaq Deficiency Letter, Nasdaq's Staff has required that SGRP must submit evidence of its compliance by no later than July 25, 2022, with the Audit Committee Requirements. SGRP must submit to Nasdaq documentation, including biographies of any new directors, evidencing compliance with the rules no later than this date. In the event SGRP does not regain compliance by that date, Nasdaq Rules require Nasdaq's Staff to provide written notification to SGRP that its securities will be delisted. At that time, SGRP may appeal the delisting determination to a Nasdaq Hearings Panel.
Board Change • Jul 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (4 non-independent directors). Co-Founder & Director William Bartels is the most experienced director on the board, commencing their role in 1999. Independent Director Michael Wager was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Jun 14SPAR Group, Inc., Annual General Meeting, Jul 12, 2022SPAR Group, Inc., Annual General Meeting, Jul 12, 2022, at 12:00 US Eastern Standard Time. Agenda: To consider to re-elect six directors of SGRP (all incumbents on May 20, 2022) to serve on SGRP's Board of Directors during the ensuing year and until their successors are elected and qualified; to ratify, on an advisory basis, the appointment of BDO USA, LLP, as the independent registered accounting firm for the corporation and its subsidiaries for the year ending December 31, 2022; to approve, on an advisory basis, the compensation of the named executive officers, as disclosed in this proxy statement; and to select, on an advisory basis, whether the corporation should request an advisory vote from its stockholders respecting compensation of the named executive officers every one, two or three years.
공시 • May 12SPAR Group, Inc. to Report Q1, 2022 Results on May 16, 2022SPAR Group, Inc. announced that they will report Q1, 2022 results Pre-Market on May 16, 2022
공시 • Apr 01SPAR Group, Inc. announced delayed annual 10-K filingOn 03/31/2022, SPAR Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Reported Earnings • Mar 30Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$0.084 loss per share (down from US$0.16 profit in FY 2020). Revenue: US$255.7m (up 11% from FY 2020). Net loss: US$1.78m (down 153% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.25, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 13x in the Media industry in the US. Total returns to shareholders of 103% over the past three years.
분석 기사 • Feb 01If You Like EPS Growth Then Check Out SPAR Group (NASDAQ:SGRP) Before It's Too LateLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Recent Insider Transactions • Dec 18Key Executive recently sold US$129k worth of stockOn the 9th of December, Robert Brown sold around 100k shares on-market at roughly US$1.29 per share. This was the largest sale by an insider in the last 3 months. Robert has been a seller over the last 12 months, reducing personal holdings by US$553k.
Recent Insider Transactions • Nov 26Co-Founder & Director recently sold US$68k worth of stockOn the 22nd of November, William Bartels sold around 49k shares on-market at roughly US$1.37 per share. In the last 3 months, there was an even bigger sale from another insider worth US$325k. William has been a seller over the last 12 months, reducing personal holdings by US$602k.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS US$0.055 (vs US$0.054 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$67.4m (up 14% from 3Q 2020). Net income: US$1.18m (up 3.1% from 3Q 2020). Profit margin: 1.8% (down from 1.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 08Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$1.71, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the Media industry in the US. Total returns to shareholders of 86% over the past three years.
Recent Insider Transactions • Sep 08Co-Founder & Director recently sold US$118k worth of stockOn the 3rd of September, William Bartels sold around 71k shares on-market at roughly US$1.65 per share. This was the largest sale by an insider in the last 3 months. William has been a seller over the last 12 months, reducing personal holdings by US$486k.
Recent Insider Transactions • Sep 01Co-Founder & Director recently sold US$78k worth of stockOn the 27th of August, William Bartels sold around 47k shares on-market at roughly US$1.65 per share. In the last 3 months, they made an even bigger sale worth US$102k. William has been a seller over the last 12 months, reducing personal holdings by US$368k.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS US$0.024 (vs US$0.005 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$67.2m (up 32% from 2Q 2020). Net income: US$514.0k (up US$617.0k from 2Q 2020). Profit margin: 0.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Aug 17Co-Founder & Director recently sold US$102k worth of stockOn the 10th of August, William Bartels sold around 53k shares on-market at roughly US$1.93 per share. In the last 3 months, there was an even bigger sale from another insider worth US$253k. William has been a seller over the last 12 months, reducing personal holdings by US$290k.
분석 기사 • Aug 02Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 28% share price gain to US$1.95, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 15x in the Media industry in the US. Total returns to shareholders of 57% over the past three years.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.51, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 17x in the Media industry in the US. Total returns to shareholders of 17% over the past three years.
분석 기사 • Jul 15Does SPAR Group (NASDAQ:SGRP) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
공시 • Jun 23Spar Group Receives A Notification Letter from NasdaqOn June 9, 2021, in a letter to the Corporation, all three members of SPAR Group, Inc.'s Audit Committee, namely Mr. Arthur H. Baer, Mr. Igor Novgorodtsev, and Mr. Jeffrey A. Mayer (each a "Resigning Independent Director"), resigned from the Corporation's Board of Directors (the "Board") and all of its committees, effective immediately (the "Resignations"). Management informed Nasdaq of the receipt of the Resignations on June 11, 2021. As a result of the Resignations, SGRP received a notification letter from Nasdaq dated June 15, 2021 (the "Nasdaq Deficiency Letter"), stating that SGRP no longer complies with Nasdaq's majority independent director and audit committee requirements as set forth in Nasdaq Listing Rule 5605 (“Nasdaq Rules”). In the Nasdaq Deficiency Letter, Nasdaq noted that a listed company normally has 45 calendar days to submit a detailed plan to regain compliance for non-compliance with the Nasdaq Rules. However, Nasdaq's Staff determined to give a shortened deadline for SGRP to submit its plan to regain compliance, until June 29, 2021, pursuant to its discretionary authority set forth in Listing Rule 5101.3.