SPAR Group Inc
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.
At a glance
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- 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
Signals & dispatch
Composite-score breakdown
Synthesis
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.
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.
- 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-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- 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
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- SPAR Group Inc Market data — financials · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2025-12-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- 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
- 10% owner · Common Stock, $.01 par valueOther 135 000 · 2026-07-30
- 10% owner, Former 10% owner · Common StockSold 4 709 837 · 2026-07-01
- 10% owner · Common Stock, $.01 par valueOther 4 000 · 2026-06-24
- 10% owner · Common Stock, $.01 par valueSold 10 000 @ $0,85$8K · 2026-06-11
- Chief Financial Officer · Common Stock, $.01 par valueBought 78 000 @ $0,64$50K · 2026-05-01
- 10% owner · Common Stock, $.01 par valueOther 100 · 2026-03-10
- Chief Financial Officer · Common Stock, $.01 par valueBought 55 000 @ $0,78$43K · 2025-12-19
- President · Common Stock, $.01 par valueBought 173 000 @ $1,02$176K · 2025-10-03
- 10% owner · Common Stock, $.01 par valueOther 454 355 · 2025-09-25
- 10% owner · Common Stock, $.01 par valueSold 10 000 @ $1,07$11K · 2025-09-25
- Director, Chief Executive Officer · Common Stock, $.01 par valueOther 96 154 · 2025-09-02
- Director, Chief Executive Officer · Common Stock, $.01 par valueOther 28 915 @ $1,17$34K · 2025-09-02
Short positioning
Intel & risk
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