Spar (SGRP)

SPAR Group, Inc. is a diversified international merchandising and marketing services Company and provides a broad array of services worldwide to help companies improve their sales, operating efficiency and profits at retail locations. The Company provides merchandising and other marketing services to manufacturers, distributors and retailers worldwide and coordinates the operations through the use of multi-lingual proprietary technology which drives the logistics, communication and reporting for global operations and customers. SPAR works primarily in mass merchandiser, office supply, value, grocery, drug, independent, convenience, home improvement and electronics stores, as well as providing furniture and other product assembly services, audit services, in-store events, technology services and marketing research. The Company has supplied these project and product services in the United States since certain of its predecessors were formed in 1979 and internationally since the Company acquired its first international subsidiary in Japan in May of 2001. Product services include restocking and adding new products, removing spoiled or outdated products, resetting categories 'on the shelf' in accordance with client or store schematics, confirming and replacing shelf tags, setting new sale or promotional product displays and advertising, replenishing kiosks, providing in-store event staffing and providing assembly services in stores, homes and offices. Audit services include price audits, point of sale audits, out of stock audits, intercept surveys and planogram audits. Other merchandising services include whole store or departmental product sets or resets (including new store openings), new product launches, in-store demonstrations, special seasonal or promotional merchandising, focused product support and product recalls. The Company currently does business in ten countries that encompass approximately 50% of the total world population through its operations in the United States, Canada, Japan, South Africa, India, China, Australia, Mexico, Brazil and Turkey.

Company profile

Christiaan Olivier
Fiscal year end
Former names
SPAR Acquisition, Inc. • SPAR Assembly & Installation, Inc. • SPAR Canada Company • SPAR Canada, Inc. • SPAR Group International, Inc. • SPAR, Inc. • SPAR International Ltd. • SPAR Marketing Force, Inc. • SPAR Trademarks, Inc. • SPAR Merchandising Romania, Ltd. ...
IRS number

SGRP stock data


15 May 22
2 Jul 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 14.06M 14.06M 14.06M 14.06M 14.06M 14.06M
Cash burn (monthly) (no burn) 471K (no burn) (no burn) 999.33K 230.17K
Cash used (since last report) n/a 1.44M n/a n/a 3.06M 705.48K
Cash remaining n/a 12.62M n/a n/a 11M 13.36M
Runway (months of cash) n/a 26.8 n/a n/a 11.0 58.0

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
9 Jun 22 Brown Robert G Common Stock, $.01 par value Sell Dispose S No No 1.23 100,000 123K 5,691,618
9 Dec 21 Brown Robert G Common Stock, $.01 par value Sell Dispose S No No 1.28 88,107 112.78K 5,791,618
8 Dec 21 Brown Robert G Common Stock, $.01 par value Sell Dispose S No No 1.35 11,893 16.06K 5,879,725
22 Nov 21 Bartels Williams H Common Stock, $.01 par value Sell Dispose S No No 1.35 17,143 23.14K 4,927,084
19 Nov 21 Bartels Williams H Common Stock, $.01 par value Sell Dispose S No No 1.37 13,310 18.23K 4,944,227
18 Nov 21 Bartels Williams H Common Stock, $.01 par value Sell Dispose S No No 1.4 18,776 26.29K 4,957,537
30.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 10 15 -33.3%
Opened positions 3 2 +50.0%
Closed positions 8 1 +700.0%
Increased positions 1 4 -75.0%
Reduced positions 2 3 -33.3%
13F shares Current Prev Q Change
Total value 11.48M 13.22M -13.1%
Total shares 6.68M 7.87M -15.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Brown Robert G 6.16M $10.84M 0.0%
Renaissance Technologies 291.5K $359K +27.4%
Geode Capital Management 85.09K $104K 0.0%
Smith Chas P & Associates Pa Cpas 48.44K $60K 0.0%
Koss-Olinger Consulting 48.36K $59K NEW
BLK Blackrock 30.67K $38K -22.2%
Sanders Morris Harris 13.5K $17K NEW
M&R Capital Management 5K $6K 0.0%
Acadian Asset Management 142 $0 -99.6%
BAC Bank Of America 12 $0 NEW
Largest transactions Shares Bought/sold Change
RBF Capital 0 -894.09K EXIT
Bridgeway Capital Management 0 -194.64K EXIT
Vanguard 0 -108.26K EXIT
Renaissance Technologies 291.5K +62.68K +27.4%
Koss-Olinger Consulting 48.36K +48.36K NEW
Citadel Advisors 0 -40.13K EXIT
Acadian Asset Management 142 -39.38K -99.6%
VIRT Virtu Financial 0 -22.3K EXIT
Sanders Morris Harris 13.5K +13.5K NEW
BLK Blackrock 30.67K -8.73K -22.2%

Content analysis

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