Symbols / SGRP $0.53 -9.92% SPAR Group, Inc.

Industrials • Specialty Business Services • United States • NCM
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 12.78M
Enterprise Value 36.77M Income -24.63M Sales 136.10M
Book/sh 0.03 Cash/sh 0.14 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E 4.45 PEG —
P/S 0.09 P/B 20.53 P/C —
EV/EBITDA -3.50 EV/Sales 0.27 Quick Ratio 0.80
Current Ratio 0.83 Debt/Eq 4383.28 LT Debt/Eq —
EPS (ttm) -1.04 EPS next Y 0.12 EPS Growth —
Revenue Growth — Earnings 2025-08-13 16:00 ROA -15.10%
ROE -197.58% ROIC — Gross Margin 15.94%
Oper. Margin -54.44% Profit Margin -18.09% Shs Outstand 23.95M
Shs Float 10.33M Short Float 0.36% Short Ratio 1.10
Short Interest — 52W High 1.41 52W Low 0.53
Beta 0.20 Avg Volume 31.22K Volume 47.02K
Target Price — Recom None Prev Close $0.59
Price $0.53 Change -9.92%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.53
Latest analyst target
3. DCF / Fair value
$-5.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.53
Low
—
High
—
Mean
—
News
RSS: Latest SGRP news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-10 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 100 $0.00 $0
2025-12-19 HENNEN STEVEN MICHAEL Chief Financial Officer — 55,000 $0.78 $42,900
2025-10-03 LINNANE WILLIAM President — 173,000 $1.02 $176,460
2025-09-25 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 10,000 $1.07 $10,700
2025-09-02 MATACUNAS MICHAEL R. Chief Executive Officer — 125,069 $1.17 $33,831
2025-05-15 MATACUNAS MICHAEL R. Chief Executive Officer — 40,051 — —
2025-05-12 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 6,000 $1.05 $6,300
2025-04-21 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 1,000 $1.09 $1,090
2025-04-15 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 5,000 $1.10 $5,500
2025-01-28 BROWN ROBERT G Beneficial Owner of more than 10% of a Class of Security — 2,141 $1.98 $4,239
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
136.10
-16.82%
163.63
+256.33%
45.92
-82.42%
261.27
Operating Revenue
136.10
-16.82%
163.63
+256.33%
45.92
-82.42%
261.27
Cost Of Revenue
114.41
-12.01%
130.03
+264.07%
35.72
-83.01%
210.26
Reconciled Cost Of Revenue
113.94
-12.01%
129.49
+286.93%
33.47
-84.03%
209.61
Gross Profit
21.69
-35.43%
33.60
+229.25%
10.20
-80.00%
51.01
Operating Expense
33.83
-4.52%
35.43
+283.23%
9.25
-78.58%
43.17
Selling General And Administration
32.20
-4.97%
33.88
+285.22%
8.79
-78.62%
41.13
Total Expenses
148.24
-10.41%
165.47
+268.01%
44.96
-82.26%
253.42
Operating Income
-12.14
-561.11%
-1.84
-291.65%
0.96
-87.79%
7.84
Total Operating Income As Reported
-16.90
-2514.71%
0.70
-26.93%
0.96
-82.21%
5.39
EBITDA
-16.03
-710.13%
2.63
-30.59%
3.79
-55.72%
8.55
Normalized EBITDA
-11.26
-12476.92%
0.09
-97.60%
3.79
-65.61%
11.01
Reconciled Depreciation
2.11
+0.57%
2.10
-22.35%
2.70
+0.86%
2.68
EBIT
-18.14
-3528.73%
0.53
-51.15%
1.08
-81.54%
5.87
Total Unusual Items
-4.76
-287.89%
2.54
0.00
+100.00%
-2.46
Total Unusual Items Excluding Goodwill
-4.76
-287.89%
2.54
0.00
+100.00%
-2.46
Special Income Charges
-4.76
-287.89%
2.54
0.00
+100.00%
-2.46
Impairment Of Capital Assets
—
—
0.00
-100.00%
2.46
Restructuring And Mergern Acquisition
4.76
0.00
—
—
Net Income
-24.63
-681.78%
-3.15
-592.96%
0.64
+187.30%
-0.73
Pretax Income
-20.55
-1136.64%
-1.66
-386.06%
0.58
-88.15%
4.90
Net Non Operating Interest Income Expense
-2.42
-10.22%
-2.19
-336.45%
-0.50
+47.98%
-0.96
Interest Expense Non Operating
2.42
+10.22%
2.19
+336.45%
0.50
-47.98%
0.96
Net Interest Income
-2.42
-10.22%
-2.19
-336.45%
-0.50
+47.98%
-0.96
Interest Expense
2.42
+10.22%
2.19
+336.45%
0.50
-47.98%
0.96
Other Income Expense
-6.00
-353.70%
2.37
+1792.00%
0.12
+106.33%
-1.98
Other Non Operating Income Expenses
-1.24
-622.22%
-0.17
-236.80%
0.12
-74.07%
0.48
Gain On Sale Of Business
0.00
-100.00%
2.54
0.00
0.00
Tax Provision
4.07
+2728.47%
0.14
-37.12%
0.23
-91.75%
2.78
Tax Rate For Calcs
0.00
+0.00%
0.00
-2.78%
0.00
+2.86%
0.00
Tax Effect Of Unusual Items
-1.00
-287.89%
0.53
0.00
+100.00%
-0.52
Net Income Including Noncontrolling Interests
-24.63
-816.49%
-2.69
-342.95%
1.11
-47.98%
2.13
Net Income From Continuing Operation Net Minority Interest
-24.63
-985.32%
-2.27
-1873.04%
-0.12
+84.29%
-0.73
Net Income From Continuing And Discontinued Operation
-24.63
-681.78%
-3.15
-592.96%
0.64
+187.30%
-0.73
Net Income Continuous Operations
-24.63
-1263.57%
-1.81
-613.07%
0.35
-83.44%
2.13
Net Income Discontinuous Operations
0.00
+100.00%
-0.88
-216.84%
0.75
—
Minority Interests
0.00
+100.00%
-0.46
+0.86%
-0.47
+83.66%
-2.86
Normalized Income
-20.86
-388.28%
-4.27
-3615.17%
-0.12
-109.51%
1.21
Net Income Common Stockholders
-24.63
-681.78%
-3.15
-592.96%
0.64
+187.30%
-0.73
Diluted EPS
-1.04
-700.00%
-0.13
-533.33%
0.03
+200.00%
-0.03
Basic EPS
-1.04
-700.00%
-0.13
-533.33%
0.03
+200.00%
-0.03
Basic Average Shares
23.62
+0.27%
23.55
+1.31%
23.25
+5.16%
22.11
Diluted Average Shares
23.62
+0.27%
23.55
+0.70%
23.39
+5.80%
22.11
Diluted NI Availto Com Stockholders
-24.63
-681.78%
-3.15
-592.96%
0.64
+187.30%
-0.73
Depreciation Amortization Depletion Income Statement
1.63
+5.22%
1.55
+244.35%
0.45
-77.82%
2.03
Depreciation And Amortization In Income Statement
1.63
+5.22%
1.55
+244.35%
0.45
-77.82%
2.03
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
56.43
-37.49%
90.28
-4.56%
94.60
—
Current Assets
46.00
-39.57%
76.11
-5.95%
80.92
—
Cash Cash Equivalents And Short Term Investments
18.22
+305.72%
4.49
-51.94%
9.35
—
Cash And Cash Equivalents
18.22
+305.72%
4.49
-51.94%
9.35
—
Cash Financial
18.22
+305.72%
4.49
—
—
Receivables
24.77
-42.55%
43.11
-32.34%
63.71
—
Accounts Receivable
12.06
-68.01%
37.69
-29.76%
53.66
—
Receivables Adjustments Allowances
-0.41
+71.87%
-1.46
+11.67%
-1.65
—
Other Receivables
13.12
+90.81%
6.88
-41.29%
11.71
—
Prepaid Assets
—
—
—
4.38
Assets Held For Sale Current
0.00
-100.00%
26.25
—
—
Other Current Assets
3.01
+32.91%
2.26
-71.20%
7.86
—
Total Non Current Assets
10.44
-26.37%
14.17
+3.61%
13.68
—
Net PPE
2.65
-43.09%
4.65
+9.88%
4.23
—
Gross PPE
24.63
-9.49%
27.22
+4.49%
26.05
—
Accumulated Depreciation
-21.99
+2.57%
-22.57
-3.44%
-21.82
—
Properties
0.00
0.00
0.00
—
Machinery Furniture Equipment
19.56
-4.16%
20.41
+4.02%
19.62
—
Construction In Progress
0.00
—
—
—
Other Properties
4.69
-27.22%
6.44
+6.02%
6.08
—
Leases
0.38
+4.92%
0.37
+3.98%
0.35
—
Goodwill And Other Intangible Assets
1.70
-31.35%
2.47
-34.04%
3.75
—
Goodwill
0.86
-33.85%
1.29
-24.24%
1.71
—
Other Intangible Assets
0.84
-28.61%
1.18
-42.25%
2.04
—
Non Current Deferred Assets
4.26
+28.21%
3.32
-11.79%
3.77
—
Non Current Deferred Taxes Assets
4.26
+28.21%
3.32
-11.79%
3.77
—
Other Non Current Assets
1.83
-50.83%
3.73
+92.86%
1.93
—
Total Liabilities Net Minority Interest
32.12
-35.79%
50.03
-11.50%
56.54
—
Current Liabilities
30.05
-38.12%
48.56
-10.98%
54.55
—
Payables And Accrued Expenses
12.30
-3.38%
12.73
-62.35%
33.81
—
Payables
8.90
+3.49%
8.60
-46.93%
16.21
—
Accounts Payable
8.77
+82.08%
4.82
-54.52%
10.59
—
Current Accrued Expenses
3.40
-17.69%
4.13
-76.56%
17.60
—
Total Tax Payable
0.14
-76.54%
0.58
-78.05%
2.66
—
Current Debt And Capital Lease Obligation
16.86
-8.75%
18.48
+0.72%
18.34
—
Current Debt
16.58
-5.41%
17.53
-2.50%
17.98
—
Other Current Borrowings
0.50
-97.15%
17.53
-2.50%
17.98
—
Current Capital Lease Obligation
0.28
-70.79%
0.94
+160.33%
0.36
—
Current Deferred Liabilities
0.89
-53.18%
1.91
-20.59%
2.40
—
Current Deferred Revenue
0.89
-53.18%
1.91
-20.59%
2.40
—
Other Current Liabilities
—
15.46
—
4.48
Total Non Current Liabilities Net Minority Interest
2.08
+41.16%
1.47
-25.83%
1.98
—
Liabilities Heldfor Sale Non Current
0.00
-100.00%
0.17
—
—
Long Term Debt And Capital Lease Obligation
2.08
+60.11%
1.30
-34.61%
1.98
—
Long Term Debt
1.72
+455.48%
0.31
-77.47%
1.38
—
Long Term Capital Lease Obligation
0.35
-64.20%
0.99
+62.71%
0.61
—
Non Current Deferred Liabilities
0.00
—
—
—
Non Current Deferred Taxes Liabilities
0.00
—
—
—
Stockholders Equity
24.31
-13.89%
28.23
+25.86%
22.43
—
Common Stock Equity
24.31
-13.87%
28.22
+25.88%
22.42
—
Capital Stock
0.23
-2.09%
0.24
+0.42%
0.24
—
Common Stock
0.23
+0.86%
0.23
+1.31%
0.23
—
Preferred Stock
0.00
-100.00%
0.01
-22.22%
0.01
—
Share Issued
24.66
+5.16%
23.45
+2.59%
22.85
—
Ordinary Shares Number
23.45
+0.90%
23.24
+2.62%
22.65
—
Treasury Shares Number
1.21
+486.65%
0.21
+0.00%
0.21
+12008.72%
0.00
Additional Paid In Capital
19.89
-5.32%
21.00
+1.43%
20.71
—
Retained Earnings
7.46
-29.69%
10.61
+58.18%
6.71
—
Gains Losses Not Affecting Retained Earnings
-1.20
+64.14%
-3.34
+32.38%
-4.94
—
Treasury Stock
2.08
+628.07%
0.28
+0.00%
0.28
—
Minority Interest
0.00
-100.00%
12.02
-23.12%
15.63
—
Other Equity Adjustments
-1.20
+64.14%
-3.34
+32.38%
-4.94
—
Total Equity Gross Minority Interest
24.31
-39.61%
40.25
+5.74%
38.06
—
Total Capitalization
26.03
-8.79%
28.54
+19.88%
23.80
—
Working Capital
15.95
-42.11%
27.54
+4.47%
26.36
—
Invested Capital
42.61
-7.49%
46.06
+10.26%
41.77
—
Total Debt
18.93
-4.24%
19.77
-2.73%
20.32
—
Net Debt
0.08
-99.38%
13.35
+33.34%
10.01
—
Capital Lease Obligations
0.63
-67.43%
1.93
+99.28%
0.97
—
Net Tangible Assets
22.61
-12.21%
25.75
+37.88%
18.68
—
Tangible Book Value
22.61
-12.19%
25.75
+37.91%
18.67
—
Dueto Related Parties Current
0.00
-100.00%
3.21
+8.13%
2.96
-9.36%
3.27
Line Of Credit
16.08
—
17.98
+62.83%
11.04
Preferred Stock Equity
—
0.01
-22.22%
0.01
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-18.44
-2673.38%
-0.67
-109.75%
6.82
+235.23%
-5.04
Cash Flow From Continuing Operating Activities
-18.44
-7616.74%
-0.24
-106.60%
3.62
+171.79%
-5.04
Cash From Discontinued Operating Activities
0.00
+100.00%
-0.43
-113.31%
3.20
—
Net Income From Continuing Operations
-24.63
-816.49%
-2.69
-156.26%
4.78
+124.65%
2.13
Depreciation Amortization Depletion
2.11
+0.57%
2.10
-22.35%
2.70
+0.86%
2.68
Depreciation
2.11
+0.57%
2.10
-22.35%
2.70
+0.86%
2.68
Depreciation And Amortization
2.11
+0.57%
2.10
-22.35%
2.70
+0.86%
2.68
Other Non Cash Items
0.06
—
—
—
Stock Based Compensation
0.14
+2.19%
0.14
-53.87%
0.30
-14.16%
0.35
Provisionand Write Offof Assets
0.00
-100.00%
0.13
+45.45%
0.09
—
Asset Impairment Charge
—
—
0.09
-97.52%
3.55
Deferred Tax
3.82
+354.60%
-1.50
-219.24%
1.26
+26.56%
0.99
Deferred Income Tax
3.82
+354.60%
-1.50
-219.24%
1.26
+26.56%
0.99
Operating Gains Losses
0.05
+101.85%
-2.54
-721.57%
0.41
—
Gain Loss On Sale Of PPE
0.05
0.00
—
—
Change In Working Capital
0.01
-99.88%
4.12
+169.75%
-5.91
+59.92%
-14.74
Change In Receivables
-3.90
-86.84%
-2.09
-949.19%
0.25
+102.19%
-11.24
Changes In Account Receivables
-3.90
-86.84%
-2.09
-949.19%
0.25
+102.19%
-11.24
Change In Prepaid Assets
1.10
+164.18%
0.42
+130.81%
-1.35
+58.90%
-3.29
Change In Payables And Accrued Expense
3.22
-49.22%
6.33
+261.24%
-3.93
-845.54%
0.53
Change In Accrued Expense
2.80
+349.38%
-1.12
+41.43%
-1.92
-61.13%
-1.19
Change In Payable
0.41
-94.45%
7.46
+471.09%
-2.01
-217.00%
1.72
Change In Account Payable
0.41
-94.45%
7.46
+471.09%
-2.01
-217.00%
1.72
Change In Other Current Liabilities
-0.41
+24.58%
-0.54
+38.17%
-0.88
-17.61%
-0.74
Investing Cash Flow
-1.06
-110.73%
9.88
+535.48%
-2.27
-26.27%
-1.80
Cash Flow From Continuing Investing Activities
-1.06
-117.29%
6.13
+371.12%
-2.26
-25.82%
-1.80
Cash From Discontinued Investing Activities
0.00
-100.00%
3.75
+46987.50%
-0.01
—
Net PPE Purchase And Sale
-2.98
-163.77%
-1.13
+5.44%
-1.19
+33.56%
-1.80
Purchase Of PPE
-2.98
-163.77%
-1.13
+5.44%
-1.19
+33.56%
-1.80
Capital Expenditure
-2.98
-163.77%
-1.13
+5.44%
-1.19
+33.56%
-1.80
Net Business Purchase And Sale
1.92
-73.58%
7.26
+780.32%
-1.07
0.00
Purchase Of Business
—
—
-1.07
0.00
Gain Loss On Sale Of Business
0.00
+100.00%
-2.54
-721.57%
0.41
0.00
Net Other Investing Changes
—
—
0.08
—
Financing Cash Flow
4.53
+373.31%
-1.66
+45.17%
-3.02
-186.56%
3.49
Cash Flow From Continuing Financing Activities
4.53
+1423.39%
-0.34
+80.71%
-1.77
-150.82%
3.49
Net Issuance Payments Of Debt
3.77
+92.54%
1.96
+324.03%
-0.87
-111.07%
7.89
Issuance Of Debt
134.81
+2.02%
132.15
+26.25%
104.67
+207.89%
34.00
Repayment Of Debt
-131.04
-0.65%
-130.19
-23.35%
-105.55
-304.36%
-26.10
Long Term Debt Issuance
0.00
-100.00%
0.01
-98.39%
0.93
-73.65%
3.53
Long Term Debt Payments
-0.50
+72.87%
-1.84
-162.91%
-0.70
-54.41%
-0.45
Net Long Term Debt Issuance
-0.50
+72.65%
-1.83
-898.25%
0.23
-92.56%
3.08
Short Term Debt Issuance
134.81
+2.03%
132.13
+27.37%
103.74
+240.51%
30.47
Short Term Debt Payments
-130.54
-1.71%
-128.35
-22.42%
-104.84
-308.78%
-25.65
Net Short Term Debt Issuance
4.27
+12.78%
3.79
+443.25%
-1.10
-122.89%
4.82
Net Common Stock Issuance
0.76
+142.00%
-1.80
0.00
+100.00%
-0.18
Common Stock Payments
0.00
+100.00%
-1.80
0.00
+100.00%
-0.18
Repurchase Of Capital Stock
0.00
+100.00%
-1.80
0.00
+100.00%
-0.18
Proceeds From Stock Option Exercised
—
—
0.00
-100.00%
0.12
Net Other Financing Charges
—
-0.50
+44.49%
-0.90
+79.30%
-4.34
Changes In Cash
-14.98
-298.11%
7.56
+393.47%
1.53
+145.70%
-3.35
Effect Of Exchange Rate Changes
0.02
+131.03%
-0.06
+63.29%
-0.16
+79.64%
-0.78
Beginning Cash Position
18.22
+69.99%
10.72
+14.70%
9.35
-30.64%
13.47
End Cash Position
3.26
-82.10%
18.22
+69.99%
10.72
+14.70%
9.35
Free Cash Flow
-21.42
-1094.04%
-1.79
-131.88%
5.63
+182.25%
-6.84
Interest Paid Supplemental Data
2.41
+17.14%
2.06
-11.67%
2.33
+94.25%
1.20
Income Tax Paid Supplemental Data
0.15
-46.21%
0.28
-82.52%
1.58
-30.70%
2.29
Common Stock Issuance
0.76
0.00
—
—
Issuance Of Capital Stock
0.76
0.00
—
—
Sale Of Business
1.92
-73.58%
7.26
—
—
Cash From Discontinued Financing Activities
0.00
+100.00%
-1.31
-5.45%
-1.25
—
SEC Filings

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

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