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SPARQ Systems TSXV:SPRQ Stock Report

Last Price

CA$0.72

Market Cap

CA$82.2m

7D

7.5%

1Y

380.0%

Updated

22 Nov, 2024

Data

Company Financials

SPARQ Systems Inc.

TSXV:SPRQ Stock Report

Market Cap: CA$82.2m

SPRQ Stock Overview

Engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications. More details

SPRQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Earnings have declined by 15.3% per year over past 5 years

Makes less than USD$1m in revenue (CA$1K)

Does not have a meaningful market cap (CA$82M)

Shareholders have been diluted in the past year

+ 1 more risk

SPARQ Systems Inc. Competitors

Exro Technologies

TSX:EXRO

CA$84.5m

Electrovaya

TSX:ELVA

CA$107.9m

dynaCERT

TSX:DYA

CA$78.6m

NEO Battery Materials

TSXV:NBM

CA$96.6m

Price History & Performance

Summary of all time highs, changes and price drops for SPARQ Systems
Historical stock prices
Current Share PriceCA$0.72
52 Week HighCA$0.90
52 Week LowCA$0.10
Beta0.049
11 Month Change2.86%
3 Month Change1.41%
1 Year Change380.00%
33 Year Changen/a
5 Year Changen/a
Change since IPO41.18%

Recent News & Updates

We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn Rate

Sep 13
We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn Rate

Recent updates

We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn Rate

Sep 13
We're Not Very Worried About SPARQ Systems' (CVE:SPRQ) Cash Burn Rate

SPARQ (CVE:SPRQ) Is In A Good Position To Deliver On Growth Plans

Sep 07
SPARQ (CVE:SPRQ) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

SPRQCA ElectricalCA Market
7D7.5%8.4%2.1%
1Y380.0%-23.1%23.4%

Return vs Industry: SPRQ exceeded the Canadian Electrical industry which returned -27.2% over the past year.

Return vs Market: SPRQ exceeded the Canadian Market which returned 23.1% over the past year.

Price Volatility

Is SPRQ's price volatile compared to industry and market?
SPRQ volatility
SPRQ Average Weekly Movement15.5%
Electrical Industry Average Movement10.9%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: SPRQ's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: SPRQ's weekly volatility has decreased from 77% to 15% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aPraveen Jainwww.sparqsys.com

SPARQ Systems Inc. engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications. The company offers Quad inverters, a proprietary photovoltaic solution. It also provides Spaqlinq that offers access and monitors energy system data; SparqVu, an energy management system that manages multi-suite monitoring; and cables and accessories.

SPARQ Systems Inc. Fundamentals Summary

How do SPARQ Systems's earnings and revenue compare to its market cap?
SPRQ fundamental statistics
Market capCA$82.17m
Earnings (TTM)-CA$6.59m
Revenue (TTM)CA$1.43k

Over9,999x

P/S Ratio

-12.6x

P/E Ratio

Is SPRQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPRQ income statement (TTM)
RevenueCA$1.43k
Cost of RevenueCA$1.13m
Gross Profit-CA$1.13m
Other ExpensesCA$5.46m
Earnings-CA$6.59m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.057
Gross Margin-78,874.88%
Net Profit Margin-460,026.38%
Debt/Equity Ratio0%

How did SPRQ perform over the long term?

See historical performance and comparison