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Updated 16m ago
SPRQ logo

SPARQ Systems Inc.TSXV:SPRQ Stock Report

Market Cap CA$116.1m
Updated 16m ago
Share Price
n/a
1Y18.1%
7D-2.0%
1D-1.0%
Portfolio Value
​
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SPARQ Systems Inc.

TSXV:SPRQ Stock Report

Market Cap: CA$116.1m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

SPARQ Systems (SPRQ) Stock Overview

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

SPRQ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 167.82% per year

Earnings have grown 6.4% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (CA$116M)

Does not have meaningful revenue (CA$3M)


SPRQ Community Fair Values

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CA$
Current Price
CA$0.9883.5% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-33m472m2016201920222025202620282031Revenue CA$471.6mEarnings CA$40.2m
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SPARQ Systems Inc. Competitors

Hammond Manufacturing

Symbol: TSX:HMM.A
Market cap: CA$285.5m

Black Swan Graphene

Symbol: TSXV:SWAN
Market cap: CA$52.0m

Electrovaya

Symbol: TSX:ELVA
Market cap: CA$445.0m

Ballard Power Systems

Symbol: TSX:BLDP
Market cap: CA$925.6m

Price History & Performance

Summary of share price highs, lows and changes for SPARQ Systems
Historical stock prices
Current Share PriceCA$0.98
52 Week HighCA$1.47
52 Week LowCA$0.59
Beta-0.61
1 Month Change-12.50%
3 Month Change-19.01%
1 Year Change18.07%
3 Year Change653.85%
5 Year Changen/a
Change since IPO92.16%

Recent News & Updates

Recent updates

Analysis Article • May 02

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

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Dec 28

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

We can readily understand why investors are attracted to unprofitable companies. By way of example, SPARQ Systems...
Analysis Article • Sep 13

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

Just because a business does not make any money, does not mean that the stock will go down. For example, SPARQ Systems...
Analysis Article • Sep 07

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

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

SPRQCA ElectricalCA Market
7D-2.0%1.6%-1.8%
1Y18.1%67.2%22.6%

Return vs Industry: SPRQ underperformed the Canadian Electrical industry which returned 67.2% over the past year.

Return vs Market: SPRQ underperformed the Canadian Market which returned 22.6% over the past year.

Price Volatility

Is SPRQ's price volatile compared to industry and market?
SPRQ volatility
SPRQ Average Weekly Movement7.5%
Electrical Industry Average Movement9.0%
Market Average Movement9.3%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: SPRQ has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SPRQ's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a29Praveen Jainwww.sparqsys.com

SPARQ Systems Inc. engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications in Canada. The company offers Quad inverter, a proprietary photovoltaic solution; and Sparqlinq, a real-time performance monitoring that accesses and monitors energy system data. It also provides SparqVu, an energy management system for multi-site 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$116.06m
Earnings (TTM)-CA$4.37m
Revenue (TTM)CA$3.42m
33.9x
P/S Ratio
-26.5x
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$3.42m
Cost of RevenueCA$3.36m
Gross ProfitCA$65.37k
Other ExpensesCA$4.44m
Earnings-CA$4.37m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.037
Gross Margin1.91%
Net Profit Margin-127.77%
Debt/Equity Ratio0%

How did SPRQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 23:30
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SPARQ Systems Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donangelo VolpeBeacon Securities Limited

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