SGRP Chart
About

SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets, planogram maintenance, display and shelf services, display setup, and point of purchase installation and management. The company also provides remodel and retail transformation consisting of store remodels, store department resets, fixture and banner installations, pop-up store services, and store closings; and assembly and installation services, including assembly of merchandise in stores, in-store services, office setup/down-sizing services, national in-home furniture assembly services, and assembly and installation of fitness equipment services. In addition, it offers business analytics and insights services, such as product dashboards, stock out reporting, visit reporting, real-time service insights, share of shelf analytics, and photo analysis; and fulfillment and distribution services comprising distribution center staffing, point of purchase fulfillment services, kiosk prep, returns processing, picking and packing services, and inventory services. The company serves mass merchandisers, HBAs, and pharmacies, as well as grocery, discount, dollar, convenience, cash and carry, home improvement, consumer electronics, automotive aftermarket, office supply, personal technology, beverage, household products, consumables, financial products, and independent stores. SPAR Group, Inc. was founded in 1967 and is headquartered in Auburn Hills, Michigan.

Fundamentals
Scroll to Statements
Sector Industrials Industry Specialty Business Servi Market Cap 19.06M
Enterprise Value 35.98M Income -12.93M Sales 147.13M
Book/sh 0.73 Cash/sh 0.36 Dividend Yield —
Payout 0.00% Employees 249 IPO —
P/E — Forward P/E 6.63 PEG —
P/S 0.13 P/B 1.09 P/C —
EV/EBITDA -14.76 EV/Sales 0.24 Quick Ratio 1.14
Current Ratio 1.20 Debt/Eq 158.15 LT Debt/Eq —
EPS (ttm) -0.63 EPS next Y 0.12 EPS Growth —
Revenue Growth 9.60% Earnings 2025-08-13 16:00 ROA -2.44%
ROE -58.03% ROIC — Gross Margin 18.01%
Oper. Margin -11.98% Profit Margin -9.52% Shs Outstand 23.95M
Shs Float 9.98M Short Float 0.34% Short Ratio 0.88
Short Interest — 52W High 1.84 52W Low 0.73
Beta 0.07 Avg Volume 52.41K Volume 249.00
Target Price — Recom None Prev Close $0.78
Price $0.80 Change 1.83%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.80
Latest analyst target
3. DCF / Fair value
$-1.08
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.80
Low
—
High
—
Mean
—
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 55000 42900.0 — Purchase at price 0.78 per share. HENNEN STEVEN MICHAEL Chief Financial Officer — 2025-12-19 00:00:00 D
1 173000 176460.0 — Purchase at price 1.02 per share. LINNANE WILLIAM President — 2025-10-03 00:00:00 D
2 10000 10700.0 — Sale at price 1.07 per share. BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2025-09-25 00:00:00 D
3 125069 33831.0 — Conversion of Exercise of derivative security at price 1.17 per share. MATACUNAS MICHAEL R. Chief Executive Officer — 2025-09-02 00:00:00 D
4 40051 nan — — MATACUNAS MICHAEL R. Chief Executive Officer — 2025-05-15 00:00:00 D
5 6000 6300.0 — Sale at price 1.05 per share. BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2025-05-12 00:00:00 D
6 1000 1090.0 — Purchase at price 1.09 per share. BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2025-04-21 00:00:00 D
7 5000 5500.0 — Purchase at price 1.10 per share. BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2025-04-15 00:00:00 D
8 2141 4239.0 — Sale at price 1.98 per share. BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2025-01-28 00:00:00 D
9 1000 1970.0 — Sale at price 1.97 per share. SPAR BUSINESS SERVICES INC Affiliated Person — 2025-01-28 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-296.31K0.00-516.18K0.00
TaxRateForCalcs0.210.220.210.27
NormalizedEBITDA2.84M3.79M11.01M7.90M
TotalUnusualItems-1.41M0.00-2.46M0.00
TotalUnusualItemsExcludingGoodwill-1.41M0.00-2.46M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-2.64M-115.00K-732.00K-1.78M
ReconciledDepreciation2.10M2.70M2.68M3.20M
ReconciledCostOfRevenue32.79M33.47M209.61M207.08M
EBITDA1.43M3.79M8.55M7.90M
EBIT-670.00K1.08M5.87M4.69M
NetInterestIncome-590.00K-502.00K-965.00K-585.00K
InterestExpense590.00K502.00K965.00K585.00K
NormalizedIncome-1.53M-115.00K1.21M-1.78M
NetIncomeFromContinuingAndDiscontinuedOperation-3.89M639.00K-732.00K-1.78M
TotalExpenses42.96M44.96M253.42M247.06M
TotalOperatingIncomeAsReported-966.00K958.00K5.39M4.18M
DilutedAverageShares24.01M23.39M22.11M21.56M
BasicAverageShares23.79M23.25M22.11M21.27M
DilutedEPS-0.170.03-0.03-0.08
BasicEPS-0.170.03-0.03-0.08
DilutedNIAvailtoComStockholders-3.89M639.00K-732.00K-1.78M
NetIncomeCommonStockholders-3.89M639.00K-732.00K-1.78M
NetIncome-3.89M639.00K-732.00K-1.78M
MinorityInterests-448.00K-467.00K-2.86M-3.78M
NetIncomeIncludingNoncontrollingInterests-3.44M1.11M2.13M2.00M
NetIncomeDiscontinuousOperations-1.25M754.00K
NetIncomeContinuousOperations-2.19M352.00K2.13M2.00M
TaxProvision934.00K229.00K2.78M2.11M
PretaxIncome-1.26M581.00K4.90M4.11M
OtherIncomeExpense-1.11M125.00K-1.98M-3.97M
OtherNonOperatingIncomeExpenses296.00K125.00K482.00K-3.97M
SpecialIncomeCharges-1.41M0.00-2.46M0.00
GainOnSaleOfBusiness-1.41M0.000.00
ImpairmentOfCapitalAssets0.002.46M0.00
NetNonOperatingInterestIncomeExpense-590.00K-502.00K-965.00K-585.00K
InterestExpenseNonOperating590.00K502.00K965.00K585.00K
OperatingIncome445.00K958.00K7.84M8.66M
OperatingExpense8.52M9.25M43.17M38.86M
DepreciationAmortizationDepletionIncomeStatement451.00K451.00K2.03M2.08M
DepreciationAndAmortizationInIncomeStatement451.00K451.00K2.03M2.08M
SellingGeneralAndAdministration8.07M8.79M41.13M36.78M
GrossProfit8.96M10.20M51.01M47.52M
CostOfRevenue34.44M35.72M210.26M208.20M
TotalRevenue43.40M45.92M261.27M255.72M
OperatingRevenue43.40M45.92M261.27M255.72M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber1.21M205.49K205.49K1.70K
OrdinarySharesNumber23.45M23.24M22.65M21.32M
ShareIssued24.66M23.45M22.85M21.32M
NetDebt83.00K13.35M10.01M
TotalDebt18.93M19.77M20.32M13.52M
TangibleBookValue22.61M25.75M18.67M13.29M
InvestedCapital42.61M46.06M41.77M31.49M
WorkingCapital15.95M27.54M26.36M21.82M
NetTangibleAssets22.61M25.75M18.68M13.29M
CapitalLeaseObligations629.00K1.93M969.00K1.78M
CommonStockEquity24.31M28.22M22.42M19.75M
PreferredStockEquity7.00K9.00K
TotalCapitalization26.03M28.54M23.80M20.45M
TotalEquityGrossMinorityInterest24.31M40.25M38.06M37.35M
MinorityInterest0.0012.02M15.63M17.60M
StockholdersEquity24.31M28.23M22.43M19.75M
GainsLossesNotAffectingRetainedEarnings-1.20M-3.34M-4.94M-5.03M
OtherEquityAdjustments-1.20M-3.34M-4.94M-5.03M
TreasuryStock2.08M285.00K285.00K104.00K
RetainedEarnings7.46M10.61M6.71M7.44M
AdditionalPaidInCapital19.89M21.00M20.71M17.23M
CapitalStock234.00K239.00K238.00K213.00K
CommonStock234.00K232.00K229.00K213.00K
PreferredStock0.007.00K9.00K0.00
TotalLiabilitiesNetMinorityInterest32.12M50.03M56.54M51.67M
TotalNonCurrentLiabilitiesNetMinorityInterest2.08M1.47M1.98M1.46M
LiabilitiesHeldforSaleNonCurrent0.00174.00K
LongTermDebtAndCapitalLeaseObligation2.08M1.30M1.98M1.46M
LongTermCapitalLeaseObligation353.00K986.00K606.00K762.00K
LongTermDebt1.72M310.00K1.38M700.00K
CurrentLiabilities30.05M48.56M54.55M50.21M
OtherCurrentLiabilities15.46M4.48M
CurrentDeferredLiabilities892.00K1.91M2.40M3.90M
CurrentDeferredRevenue892.00K1.91M2.40M3.90M
CurrentDebtAndCapitalLeaseObligation16.86M18.48M18.34M12.06M
CurrentCapitalLeaseObligation276.00K945.00K363.00K1.02M
CurrentDebt16.58M17.53M17.98M11.04M
OtherCurrentBorrowings500.00K17.53M17.98M11.04M
LineOfCredit16.08M17.98M11.04M
PayablesAndAccruedExpenses12.30M12.73M33.81M29.77M
CurrentAccruedExpenses3.40M4.13M17.60M15.16M
Payables8.90M8.60M16.21M14.61M
DuetoRelatedPartiesCurrent0.003.21M2.96M3.27M
TotalTaxPayable137.00K584.00K2.66M2.40M
AccountsPayable8.77M4.82M10.59M8.94M
TotalAssets56.43M90.28M94.60M89.02M
TotalNonCurrentAssets10.44M14.17M13.68M16.99M
OtherNonCurrentAssets1.83M3.73M1.93M1.35M
NonCurrentDeferredAssets4.26M3.32M3.77M4.47M
NonCurrentDeferredTaxesAssets4.26M3.32M3.77M4.47M
GoodwillAndOtherIntangibleAssets1.70M2.47M3.75M6.46M
OtherIntangibleAssets841.00K1.18M2.04M2.29M
Goodwill856.00K1.29M1.71M4.17M
NetPPE2.65M4.65M4.23M4.71M
AccumulatedDepreciation-21.99M-22.57M-21.82M-20.30M
GrossPPE24.63M27.22M26.05M25.02M
Leases384.00K366.00K352.00K351.00K
OtherProperties4.69M6.44M6.08M6.52M
MachineryFurnitureEquipment19.56M20.41M19.62M18.14M
Properties0.000.000.000.00
CurrentAssets46.00M76.11M80.92M72.03M
OtherCurrentAssets3.01M2.26M7.86M4.38M
AssetsHeldForSaleCurrent0.0026.25M
PrepaidAssets4.38M
Receivables24.77M43.11M63.71M54.17M
ReceivablesAdjustmentsAllowances-411.00K-1.46M-1.65M-564.00K
OtherReceivables13.12M6.88M11.71M10.31M
AccountsReceivable12.06M37.69M53.66M44.42M
CashCashEquivalentsAndShortTermInvestments18.22M4.49M9.35M13.47M
CashAndCashEquivalents18.22M4.49M9.35M13.47M
CashFinancial18.22M4.49M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-1.79M5.63M-6.84M907.00K
RepurchaseOfCapitalStock-1.80M0.00-181.00K0.00
RepaymentOfDebt-130.19M-105.55M-26.10M-75.75M
IssuanceOfDebt132.15M104.67M34.00M77.20M
CapitalExpenditure-1.13M-1.19M-1.80M-1.72M
InterestPaidSupplementalData2.06M2.33M1.20M701.00K
IncomeTaxPaidSupplementalData277.00K1.58M2.29M2.22M
EndCashPosition18.22M10.72M9.35M13.47M
BeginningCashPosition10.72M9.35M13.47M15.97M
EffectOfExchangeRateChanges-58.00K-158.00K-776.00K-4.73M
ChangesInCash7.56M1.53M-3.35M2.23M
FinancingCashFlow-1.66M-3.02M3.49M1.33M
CashFromDiscontinuedFinancingActivities-1.31M-1.25M
CashFlowFromContinuingFinancingActivities-342.00K-1.77M3.49M1.33M
NetOtherFinancingCharges-499.00K-899.00K-4.34M
ProceedsFromStockOptionExercised0.00118.00K-123.00K
NetCommonStockIssuance-1.80M0.00-181.00K0.00
CommonStockPayments-1.80M0.00-181.00K0.00
NetIssuancePaymentsOfDebt1.96M-874.00K7.89M1.45M
NetShortTermDebtIssuance3.79M-1.10M4.82M1.75M
ShortTermDebtPayments-128.35M-104.84M-25.65M-75.45M
ShortTermDebtIssuance132.13M103.74M30.47M77.20M
NetLongTermDebtIssuance-1.83M229.00K3.08M-300.00K
LongTermDebtPayments-1.84M-701.00K-454.00K-300.00K
LongTermDebtIssuance15.00K930.00K3.53M0.00
InvestingCashFlow9.88M-2.27M-1.80M-1.72M
CashFromDiscontinuedInvestingActivities3.75M-8.00K
CashFlowFromContinuingInvestingActivities6.13M-2.26M-1.80M-1.72M
NetOtherInvestingChanges84.00K
NetBusinessPurchaseAndSale7.26M-1.07M0.00
SaleOfBusiness7.26M
PurchaseOfBusiness-1.07M0.00
NetPPEPurchaseAndSale-1.13M-1.19M-1.80M-1.72M
PurchaseOfPPE-1.13M-1.19M-1.80M-1.72M
OperatingCashFlow-665.00K6.82M-5.04M2.63M
CashFromDiscontinuedOperatingActivities-426.00K3.20M
CashFlowFromContinuingOperatingActivities-239.00K3.62M-5.04M2.63M
ChangeInWorkingCapital4.12M-5.91M-14.74M-7.62M
ChangeInOtherCurrentLiabilities-541.00K-875.00K-744.00K-1.12M
ChangeInPayablesAndAccruedExpense6.33M-3.93M527.00K1.31M
ChangeInAccruedExpense-1.12M-1.92M-1.19M216.00K
ChangeInPayable7.46M-2.01M1.72M1.09M
ChangeInAccountPayable7.46M-2.01M1.72M1.09M
ChangeInPrepaidAssets416.00K-1.35M-3.29M-510.00K
ChangeInReceivables-2.09M246.00K-11.24M-7.30M
ChangesInAccountReceivables-2.09M246.00K-11.24M-7.30M
OtherNonCashItems4.48M
StockBasedCompensation137.00K297.00K346.00K711.00K
ProvisionandWriteOffofAssets128.00K88.00K
AssetImpairmentCharge88.00K3.55M128.00K
DeferredTax-1.50M1.26M994.00K-267.00K
DeferredIncomeTax-1.50M1.26M994.00K-267.00K
DepreciationAmortizationDepletion2.10M2.70M2.68M3.20M
DepreciationAndAmortization2.10M2.70M2.68M3.20M
Depreciation2.10M2.70M2.68M3.20M
OperatingGainsLosses-2.54M408.00K
GainLossOnSaleOfBusiness-2.54M408.00K0.00
NetIncomeFromContinuingOperations-2.69M4.78M2.13M2.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SGRP
Date User Asset Broker Type Position Size Entry Price Patterns