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SGRP · OTC · United States · Services-Business Services, Nec
In shortSPAR Group, Inc. is loss-making, burns cash and carries heavy debt, with revenue shrinking (−16.8% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -12.4% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -18.1% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -197.6% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -59.8% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.83× | 3/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 34.93× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -4.77 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -15.7% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 15.5% | 54/100 |
| Operating margin volatility | 6.4% | 51/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -19.5% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 256 | 261 | 188 | 164 | 136 |
| Cost of revenue | 201 | 201 | 138 | 130 | 114 |
| Gross profit | 48 | 51 | 44 | 34 | 22 |
| Selling, general & admin | 37 | 41 | 37 | 34 | 32 |
| Operating income | 4.2 | 5.4 | 5.6 | 0.7 | (17) |
| Pre-tax income | (5.7) | (4.1) | 3 | (1.7) | (21) |
| Income tax | 2.1 | 2.8 | 0.6 | 0.1 | 4.1 |
| Net income | 2 | (0.7) | 3.9 | (3.2) | (25) |
| Diluted EPS | −$0.08 | −$0.03 | $0.16 | −$0.13 | −$1.04 |
| Diluted shares (millions) | 21 | 22 | 24 | 24 | 24 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of SPAR Group, Inc. are included in the Investor plan. Try free for 7 days →
−4.77 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 13, 2026