Spark Power Group Inc.
TSX:SPG Stock Report
Spark Power Group Past Earnings Performance Spark Power Group has been growing earnings at an average annual rate of 28.8%, while the Renewable Energy industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 14.8% per year.
Key information
28.8%
Earnings growth rate
Renewable Energy Industry Growth 16.2% Revenue growth rate 14.8% Return on equity -30.0% Net Margin -6.8% Last Earnings Update 30 Sep 2023
Recent past performance updates
Spark Power Group Inc. to Report Q3, 2023 Results on Nov 13, 2023 Nov 09
Second quarter 2023 earnings released: CA$0.02 loss per share (vs CA$0.02 loss in 2Q 2022) Aug 14
Spark Power Group Inc. to Report Q2, 2023 Results on Aug 10, 2023 Aug 03
First quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.036 loss in 1Q 2022) May 13
Spark Power Group Inc. to Report Q1, 2023 Results on May 12, 2023 May 09
Full year 2022 earnings released: CA$0.12 loss per share (vs CA$0.47 loss in FY 2021) Apr 02
Show all updates
American Pacific Group, L.P. completed the acquisition of Spark Power Group Inc. (TSX:SPG) from Red Jar Capital Corp. and Others. Dec 06
Spark Power Group Inc. to Report Q3, 2023 Results on Nov 13, 2023 Nov 09
Spark Power, American Pacific Enter Go-Private Deal Oct 17 Spark Power, American Pacific Enter Go-Private Deal Oct 16
Be Wary Of Spark Power Group (TSE:SPG) And Its Returns On Capital Sep 13
Second quarter 2023 earnings released: CA$0.02 loss per share (vs CA$0.02 loss in 2Q 2022) Aug 14
Spark Power Group Inc. to Report Q2, 2023 Results on Aug 10, 2023 Aug 03
Less than half of directors are independent May 31
Spark Power Group Inc. Announces Lucio Di Clemente, a Director and Chairman of the Board of Directors Made the Decision Not to Stand for Reelection May 26
First quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.036 loss in 1Q 2022) May 13
Spark Power Group Inc. to Report Q1, 2023 Results on May 12, 2023 May 09
Full year 2022 earnings released: CA$0.12 loss per share (vs CA$0.47 loss in FY 2021) Apr 02
Price target decreased to CA$1.25 Nov 16
Third quarter 2022 earnings released: EPS: CA$0.02 (vs CA$0.042 loss in 3Q 2021) Nov 16
Spark Power Group Inc. to Report Q3, 2022 Results on Nov 14, 2022 Nov 03
An unknown buyer entered into a binding agreement to acquire Bullfrog Power Inc. from Spark Power Group Inc. (TSX:SPG) for CAD 35 million. Oct 29
Second quarter 2022 earnings released: EPS: CA$0.01 (vs CA$0.004 in 2Q 2021) Aug 12
Spark Power Group Inc. to Report Q2, 2022 Results on Aug 11, 2022 Aug 06
Lorie Waisberg Resigns from the Board of Directors of Spark Power Group Inc May 28
First quarter 2022 earnings released May 15 Spark Power Group Inc. to Report Q1, 2022 Results on May 13, 2022 May 10
Spark Power Group Inc. Announces Changes to Board of Directors Apr 28
Price target decreased to CA$2.00 Apr 27
Full year 2021 earnings released: CA$0.38 loss per share (vs CA$0.031 loss in FY 2020) Apr 01
Price target increased to CA$3.00 Mar 06
Independent Director exercised options to buy CA$127k worth of stock. Feb 04 Spark Power Group Inc. has completed a Follow-on Equity Offering in the amount of CAD 30 million. Feb 01
Spark Power Group Inc. has filed an IPO in the amount of CAD 30 million. Dec 17
Third quarter 2021 earnings released: CA$0.05 loss per share (vs CA$0.04 profit in 3Q 2020) Nov 18
Second quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.03 in 2Q 2020) Aug 18
Spark Power Group Inc. announced that it has received CAD 5.599999 million in funding Jun 30
Spark Power Group Inc. Announces a New $5.3 Million Grant from the Government of Ontario's Skills Development Fund May 21
First quarter 2021 earnings released: CA$0.01 loss per share (vs CA$0.05 loss in 1Q 2020) May 19
Price target increased to CA$2.75 May 09
Full year 2020 earnings released: CA$0.03 loss per share (vs CA$0.025 profit in FY 2019) Apr 02
Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock Mar 23
Price target decreased to CA$2.42 Mar 17
Investor sentiment deteriorated over the past week Mar 09
Here's Why Spark Power Group (TSE:SPG) Has A Meaningful Debt Burden Mar 04
How Good Is Spark Power Group Inc. (TSE:SPG), When It Comes To ROE? Feb 10
Price target raised to CA$2.83 Feb 02
Price target raised to CA$2.58 Jan 29
The Spark Power Group (TSE:SPG) Share Price Has Gained 45% And Shareholders Are Hoping For More Jan 28
New 90-day high: CA$2.15 Jan 26
Investor sentiment improved over the past week Jan 20
Is Spark Power Group Inc. (TSE:SPG) Potentially Undervalued? Jan 13
Investor sentiment improved over the past week Jan 07
New 90-day high: CA$1.74 Jan 07
Spark Power Group Inc. Announces Management Appointments Jan 07
Spark Power Group Inc. Announces Executive Changes Jan 06
Should You Use Spark Power Group's (TSE:SPG) Statutory Earnings To Analyse It? Dec 25
Spark Power Group Inc Announces Executive Changes Dec 15
Has Spark Power Group (TSE:SPG) Got What It Takes To Become A Multi-Bagger? Dec 10
Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock Nov 25
Revenue beats expectations Nov 13
Third quarter 2020 earnings released: EPS CA$0.04 Nov 13
Market bids up stock over the past week Nov 09
Market pulls back on stock over the past week Oct 30
New 90-day low: CA$1.39 Oct 29
New 90-day high - CA$1.77 Aug 20
Price target raised to CA$2.33 Aug 19
Price target raised to CA$2.25 Aug 14
Spark Power Group Inc. to Report Q2, 2020 Results on Aug 12, 2020 Aug 08
New 90-day high - CA$1.47 Jul 29
Revenue & Expenses Breakdown
How Spark Power Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History TSX:SPG Revenue, expenses and earnings (CAD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Sep 23 260 -18 60 0 30 Jun 23 267 -9 56 0 31 Mar 23 272 -8 57 0 31 Dec 22 272 -11 58 0 30 Sep 22 271 -24 60 0 30 Jun 22 266 -29 64 0 31 Mar 22 255 -31 61 0 31 Dec 21 245 -27 57 0 30 Sep 21 248 -11 58 0 30 Jun 21 244 -5 58 0 31 Mar 21 231 -1 59 0 31 Dec 20 228 -2 59 0 30 Sep 20 219 3 51 0 30 Jun 20 210 3 49 0 31 Mar 20 208 0 49 0 31 Dec 19 189 1 48 0 30 Sep 19 169 0 43 0 30 Jun 19 155 -40 40 0 31 Mar 19 134 -46 35 0 31 Dec 18 120 -65 32 0 30 Sep 18 104 -80 28 0 30 Jun 18 88 -41 26 0 31 Mar 18 83 -35 27 0 31 Dec 17 80 -17 27 0 31 Dec 16 32 -1 13 0 31 Dec 15 32 1 9 0
Quality Earnings: SPG is currently unprofitable.
Growing Profit Margin: SPG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPG is unprofitable, but has reduced losses over the past 5 years at a rate of 28.8% per year.
Accelerating Growth: Unable to compare SPG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPG is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (123.4%).
Return on Equity
High ROE: SPG has a negative Return on Equity (-29.97%), as it is currently unprofitable.
Return on Capital Employed
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