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Companies Industrials SPRQ.V
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SPRQ.V TSX Venture Electrical Components & Equipment

SPARQ Systems Inc.

$1,25
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Mcap
P/E
EV / Rev
Div yield
Op margin
-341,7 %
ROE
-50,4 %
Net margin
-341,7 %
Debt / equity
0,04
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

SPRQ.V operates in the industrial goods sector, specializing in electrical components and equipment, and generates revenue primarily through the sale of industrial goods.

Business. SPRQ.V is an industrial goods company operating within the electrical components and equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic details are not disclosed. Headquartered information is not provided in the available data. The company is primarily listed on the TSX Venture Exchange under the ticker SPRQ.V.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryElectrical Components & Equipment
ActivityIndustrial Goods
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-50,4 %
return on equity
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 SPRQ.
  • 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+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 · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to SPRQ.V. 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.

    • 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

    SPRQ.V is an industrial goods company operating within the electrical components and equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic details are not disclosed. Headquartered information is not provided in the available data. The company is primarily listed on the TSX Venture Exchange under the ticker SPRQ.V.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryElectrical Components & Equipment
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    SPRQ.V's capital structure is characterized by a low debt-to-equity ratio of 0.04, indicating a conservative leverage position. The company holds substantial cash and equivalents of CAD 6,944,920, which is significantly higher than its total liabilities of CAD 614,130, contributing to a high current ratio of 33.57. This liquidity position suggests strong short-term financial stability.

    Profitability metrics for SPRQ.V are negative, with a return on equity of -0.5042 and a return on assets of -0.478. These figures indicate that the company is not generating returns for its shareholders or effectively utilizing its assets. The negative operating and net income further underscore the company's financial challenges.

    The company's revenue is concentrated in the industrial goods segment, with no disclosed geographic diversification. This concentration may expose the company to specific market risks, as its performance is closely tied to the demand for industrial goods.

    Growth trajectory for SPRQ.V appears negative, with a significant decline in operating and net income. The company's free cash flow is also negative, indicating that it is not generating sufficient cash from operations to fund its activities. This trend suggests a need for strategic adjustments to improve financial performance.

    Risk factors for SPRQ.V include low liquidity and dilution risks, with no immediate filing-based flags detected. However, the company's negative financial performance and high cash reserves may indicate potential future liquidity pressures if cash outflows increase or revenue does not improve.

    Recent events, as reflected in the latest financial filings, show a continuation of financial losses and negative cash flows. The company has not disclosed any significant new initiatives or strategic changes that could alter its current trajectory.

    Key takeaways
    • SPRQ.V has a strong liquidity position with a high current ratio and substantial cash reserves.
    • The company is experiencing significant financial losses, with negative returns on equity and assets.
    • Revenue is concentrated in the industrial goods segment, with no geographic diversification disclosed.
    • Growth prospects are negative, as indicated by declining operating and net income.
    • There are no immediate liquidity or dilution risks, but the company's financial performance requires close monitoring.
    • "margin_outlook_rationale": "The company's margin outlook is negative due to ongoing financial losses and declining profitability.",

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1,25
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $11.2M
    Net cash
    $6.5M
    Current ratio
    33.6
    Debt / equity
    0.0
    ROA
    -47.8%
    ROE
    -50.4%
    Cash conversion
    92.0%
    CapEx / revenue
    -6.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    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 riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-341,7 %Bottom quartile
    Net Margin-341,7 %Bottom quartile
    ROE-50,4 %Bottom quartile
    Capex / Rev-6,1 %Below median
    D/E0,04Above P75
    Cash Conv0,92Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    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
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • SPRQ.V Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    SPRQ.VCanonical
    TSX Venture · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    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