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SGRP.O NASDAQ Diversified Advertising & Marketing Services

SPAR Group Inc

$0,62
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Mcap
15,7M USD
P/E
EV / Rev
Div yield
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
$0,74
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

SPAR Group Inc provides advertising and marketing services, primarily generating revenue through client contracts and service fees.

Business. SPAR Group Inc (SGRP.O) is an advertising and marketing company headquartered in the United States, primarily operating within the Consumer Cyclicals sector. The firm generates revenue through a subscription model, with its primary market presence in North America, which accounts for 54.8% of its revenue. Additional geographic operations include South Africa (26.5%), Japan (10.5%), and China (8.2%). The company is listed on the NASDAQ exchange under the ticker symbol SGRP.O.

Classification99 %
SectorConsumer Discretionary
Industry groupDiversified Advertising & Marketing Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
Vanguard Capital Management, LLC
largest disclosed fund holder
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning SGRP.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to SGRP.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    SPAR Group Inc (SGRP.O) is an advertising and marketing company headquartered in the United States, primarily operating within the Consumer Cyclicals sector. The firm generates revenue through a subscription model, with its primary market presence in North America, which accounts for 54.8% of its revenue. Additional geographic operations include South Africa (26.5%), Japan (10.5%), and China (8.2%). The company is listed on the NASDAQ exchange under the ticker symbol SGRP.O.

    Classification99 %
    SectorConsumer Discretionary
    Industry groupDiversified Advertising & Marketing Services
    AI synthesis
    GENERATED

    SPAR Group Inc has a market capitalization of $16.64 million, with a market price of $0.66 per share. The company has 25.13 million shares outstanding, with no dilution from potential share issuance as the diluted and basic shares are equal. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability and return metrics are not available for SPAR Group Inc, as the valuation snapshot does not include key financial ratios such as ROIC or margins. Without these metrics, it is not possible to compare the company's performance against industry_config preferred metrics or cohort medians.

    The company's revenue concentration and geographic exposure are not disclosed in the available data. There is no information on segments or geographic breakdowns, making it difficult to assess the diversification of its revenue streams.

    Growth trajectory is also unclear, as the outlook for the current and next fiscal years does not include numeric deltas or revenue history. The absence of forward-looking guidance and historical performance data limits the ability to evaluate the company's growth potential.

    Risk factors include the inability to assess liquidity risk, which could impact the company's ability to meet short-term obligations. The dilution risk is currently low, as there is no difference between basic and diluted shares. However, the lack of balance-sheet inputs and going-concern language in source documents raises concerns about the company's financial health.

    Recent events, including filings and transcripts, are not disclosed in the available data. The absence of recent disclosures limits the ability to evaluate the company's current strategic direction and operational performance.

    Key takeaways
    • SPAR Group Inc operates in the Advertising & Marketing industry with a market capitalization of $16.64 million.
    • The company has 25.13 million shares outstanding, with no dilution from potential share issuance.
    • Liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
    • Profitability and return metrics are not available, making it difficult to compare the company's performance against industry benchmarks.
    • Growth trajectory and revenue concentration are not disclosed, limiting the ability to assess the company's diversification and growth potential.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $0,62
    Market cap
    $16.6M
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    In-Store Marketing Services
    low · business_description · 2026-07-04
    Retail Merchandising Services
    low · business_description · 2026-07-04

    Market share

    INDUSTRYSEGMENTCOMPANYConsumer CyclicalsIndustryDiversified Advertising & Marketing Services47,5B node revenueWPP 37,7%OMC 36,4%NIQ 8,8%STGW 6,1%THRY 1,6%MGNI 1,5%TSQ 0,9%FORR 0,8%Other 6,0%
    Source: company disclosures · own-taxonomy revenue-covered setSGRP 0,3% · rank #18 of 36

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison8 peers · vs SGRP · multiples and returns
    WP
    WPP
    Wpp PLC
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    OM
    OMC
    Omnicom Group
    $79,27
    23,7B USD
    P/E
    vs self
    Div yield
    3,8 %
    vs self
    ROE
    -0,6 %
    vs self
    NI
    NIQ
    NIQ Global Intelligence plc
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    ST
    STGW
    Stagwell Inc
    $8,67
    2,3B USD
    P/E
    63,2x
    vs self
    Div yield
    vs self
    ROE
    3,8 %
    vs self
    TH
    THRY
    Thryv Holdings Inc
    $4,26
    188,9M USD
    P/E
    26,3x
    vs self
    Div yield
    vs self
    ROE
    3,0 %
    vs self
    MG
    MGNI
    MAGNITE, INC.
    $19,70
    2,8B USD
    P/E
    13,1x
    vs self
    Div yield
    vs self
    ROE
    15,7 %
    vs self
    TS
    TSQ
    Townsquare Media Inc
    $6,08
    107,7M USD
    P/E
    42,2x
    vs self
    Div yield
    11,2 %
    vs self
    ROE
    -7,6 %
    vs self
    FO
    FORR
    FORRESTER RESEARCH, INC.
    $11,53
    219,9M USD
    P/E
    vs self
    Div yield
    vs self
    ROE
    -112,5 %
    vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net disposed 96 154 sh1 exercises1 insiders
    • Matacunas Mike R.Director, Chief Executive Officer · Restricted Stock Units, Based on Common Stock $.01 par value → Common Stock, $.01 par valueDisposed 96 154exercise · 2025-09-02

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • SPAR Group Inc Market data — financials · 2026-05-29

    Ownership & reference

    Top holders

    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$0M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • Mike R. MatacunasPresident, Chief Executive Officer, Director
    • William LinnanePresident, Chief Executive Officer, Director

    Insider activity

    Net buying3 buys · 3 sellsnet $250K5 insiders · last 365d
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueOther 135 000 · 2026-07-30
    • BARTELS WILLIAM H10% owner, Former 10% owner · Common StockSold 4 709 837 · 2026-07-01
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueOther 4 000 · 2026-06-24
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueSold 10 000 @ $0,85$8K · 2026-06-11
    • Hennen Steven MichaelChief Financial Officer · Common Stock, $.01 par valueBought 78 000 @ $0,64$50K · 2026-05-01
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueOther 100 · 2026-03-10
    • Hennen Steven MichaelChief Financial Officer · Common Stock, $.01 par valueBought 55 000 @ $0,78$43K · 2025-12-19
    • Linnane WilliamPresident · Common Stock, $.01 par valueBought 173 000 @ $1,02$176K · 2025-10-03
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueOther 454 355 · 2025-09-25
    • BROWN ROBERT G/10% owner · Common Stock, $.01 par valueSold 10 000 @ $1,07$11K · 2025-09-25
    • Matacunas Mike R.Director, Chief Executive Officer · Common Stock, $.01 par valueOther 96 154 · 2025-09-02
    • Matacunas Mike R.Director, Chief Executive Officer · Common Stock, $.01 par valueOther 28 915 @ $1,17$34K · 2025-09-02

    Short positioning

    72.9Kshares short-33.3% vs prior
    1.65days to cover
    56.3%short of daily vol
    2.6Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)
    North America54,8 %$25,3M
    Africa26,5 %$12,2M
    Japan10,5 %$4,8M
    Greater China8,2 %$3,8M
    Disclosed geographies
    North America54,8 %SOUTH AFRICA26,5 %JAPAN10,5 %CHINA8,2 %
    Disclosed segment revenue, USD. Shares are within disclosed regions only.
    Listings · one canonical issuer all listings resolve to the canonical
    SGRP.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): -2,514.7%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -2,673.4%Derived (calculated)
    • Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 3.6%Derived (calculated)
    • Gross profit (YoY) (2025-12-31 vs 2024-12-31): -35.4%Derived (calculated)
    • Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -12.0%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -82.1%Derived (calculated)
    • Current ratio (FY 2025-12-31): 0.83xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 69.83xDerived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -700.0%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -700.0%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 35.2%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): -21.9%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -97.4%Derived (calculated)
    • Operating income (annual): USD -16.9MSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
    • Cost of revenue (annual): USD 114.41MSEC XBRL filing
    • Current assets (annual): USD 31.44MSEC XBRL filing
    • Total liabilities (annual): USD 43.44MSEC XBRL filing
    • Shareholders' equity (annual): USD 622KSEC XBRL filing
    • Shares outstanding (annual): 24.13MSEC XBRL filing
    • Current liabilities (annual): USD 37.72MSEC XBRL filing
    • Operating cash flow (annual): USD -18.44MSEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing
    • Gross profit (annual): USD 21.69MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-30INSIDERBROWN ROBERT G/ transacted 135.0k sh Common Stock, $.01 par value — 10% owner
    2026-07-29 22:34 UTCEVENTHa Price Listing SGRP remains DEFICIENT (NASDAQ) — cure period. closed below $1.00 for 30 consecutive trading days (last close $0.8389). cure deadline 2027-01-17 (172 days remaining).
    2026-07-01INSIDERBARTELS WILLIAM H sold 4.71M sh — 10% owner, Former 10% owner
    2026-06-24 00:00 UTCINSIDER2 insider transactions — 2026-06
    2026-06-24 00:00 UTCINSIDER2 insider transactions — 2026-06
    2026-06-24INSIDERBROWN ROBERT G/ transacted 4.0k sh Common Stock, $.01 par value — 10% owner
    2026-06-16FILINGFORM 8-K →
    2026-06-11INSIDERBROWN ROBERT G/ sold 10.0k sh Common Stock, $.01 par value — 10% owner ~$8k
    2026-06-03FILINGFORM 8-K →
    2026-05-12FILINGFORM 10-Q →
    2026-05-12FILINGFORM 8-K →
    2026-05-05FILINGFORM 8-K →
    2026-05-01 00:00 UTCINSIDER1 insider transaction — 2026-05
    2026-05-01 00:00 UTCINSIDER1 insider transaction — 2026-05
    2026-05-01INSIDERHennen Steven Michael bought 78.0k sh Common Stock, $.01 par value — Chief Financial Officer ~$50k
    2026-04-30FILINGFORM DEF 14A →
    2026-04-13FILINGFORM 8-K →
    2026-04-08FILINGFORM 8-K →
    2026-03-31FILINGFORM 10-K →
    2026-03-31FILINGFORM 8-K →
    2026-03-31FILINGFORM 8-K →
    2026-03-19FILINGFORM 8-K →
    2026-03-10 00:00 UTCINSIDER1 insider transaction — 2026-03
    2026-03-10 00:00 UTCINSIDER1 insider transaction — 2026-03
    2026-03-10INSIDERBROWN ROBERT G/ transacted 100 sh Common Stock, $.01 par value — 10% owner
    2025-12-19 00:00 UTCINSIDER1 insider transaction — 2025-12
    2025-12-19 00:00 UTCINSIDER1 insider transaction — 2025-12
    2025-12-19INSIDERHennen Steven Michael bought 55.0k sh Common Stock, $.01 par value — Chief Financial Officer ~$43k
    2025-10-03INSIDERLinnane William bought 173.0k sh Common Stock, $.01 par value — President ~$176k
    2025-09-25INSIDERBROWN ROBERT G/ transacted 454.4k sh Common Stock, $.01 par value — 10% owner
    2025-09-25INSIDERBROWN ROBERT G/ sold 10.0k sh Common Stock, $.01 par value — 10% owner ~$11k
    2025-09-02INSIDERMatacunas Mike R. transacted 96.2k sh Common Stock, $.01 par value — Director, Chief Executive Officer
    2025-09-02INSIDERMatacunas Mike R. transacted 28.9k sh Common Stock, $.01 par value — Director, Chief Executive Officer ~$34k
    2025-09-02INSIDERMatacunas Mike R. disposed of 96.2k sh Restricted Stock Units, Based on Common Stock $.01 par value — Director, Chief Executive Officer
    2025-05-16 16:08 UTCEARNINGSQuarterly results — Q1 2025
    2025-05-16 16:08 UTCEARNINGSAnnual results — FY 2025
    2024-11-14 16:22 UTCEARNINGSQuarterly results — Q3 2024
    2024-08-14 09:59 UTCEARNINGSQuarterly results — Q2 2024
    2024-04-01 08:00 UTCEARNINGSAnnual results — FY 2024
    Showing the 40 most recent of 41 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage