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 Product services include restocking and adding new products, removing spoiled or outdated products, resetting categories 'on the shelf' in accordance with client or store schematics, confirming and replacing shelf tags, setting new sale or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
Ticker
SGRP
Exchange
Website
CEO
Christiaan Olivier
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Alibaba Group Holding • Visa • EBay • DiDi Global • Uber • PayPal • Accenture • Nielsen • Fidelity National Information Services • Mastercard ...
Former names
PIA MERCHANDISING SERVICES INC, SPAR GROUP INC
SEC CIK
Corporate docs
Subsidiaries
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
330684451
SGRP stock data
Calendar
15 May 22
2 Jul 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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 |
Recent insider trades
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 |
Institutional ownership, Q4 2021
30.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 10 |
Opened positions | 3 |
Closed positions | 8 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 11.48M |
Total shares | 6.68M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Brown Robert G | 6.16M | $10.84M |
Renaissance Technologies | 291.5K | $359K |
Geode Capital Management | 85.09K | $104K |
Smith Chas P & Associates Pa Cpas | 48.44K | $60K |
Koss-Olinger Consulting | 48.36K | $59K |
BLK Blackrock | 30.67K | $38K |
Sanders Morris Harris | 13.5K | $17K |
M&R Capital Management | 5K | $6K |
Acadian Asset Management | 142 | $0 |
BAC Bank Of America | 12 | $0 |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
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Removed:
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Current reports
8-K
Regulation FD Disclosure
21 Jun 22
8-K
Other Events
24 May 22
8-K
Regulation FD Disclosure
4 May 22
8-K
SPAR Group, Inc. Reports Fiscal 2021
29 Mar 22
8-K
Regulation FD Disclosure
3 Feb 22
8-K
Entry into a Material Definitive Agreement
28 Jan 22
8-K
Other Events
14 Dec 21
8-K
Departure of Directors or Certain Officers
20 Oct 21
8-K
Submission of Matters to a Vote of Security Holders
17 Aug 21
8-K
Other Events
30 Jul 21
Registration and prospectus
S-8
Registration of securities for employees
2 Apr 21
S-8
Registration of securities for employees
5 Nov 18
S-8
Registration of securities for employees
14 Jul 13
S-3/A
Shelf registration (amended)
6 Feb 11
S-3
Shelf registration
22 Oct 09
SC TO-I/A
Issuer tender offer statement (amended)
21 Oct 09
S-8
Registration of securities for employees
31 Jul 08
Other
UPLOAD
Letter from SEC
5 Nov 13
CORRESP
Correspondence with SEC
4 Nov 13
CORRESP
Correspondence with SEC
28 Oct 13
UPLOAD
Letter from SEC
22 Oct 13
UPLOAD
Letter from SEC
8 Apr 13
CORRESP
Correspondence with SEC
27 Mar 13
UPLOAD
Letter from SEC
19 Mar 13
UPLOAD
Letter from SEC
8 Jul 12
CORRESP
Correspondence with SEC
10 May 12
CORRESP
Correspondence with SEC
9 Apr 12
Ownership
4
SPAR / ROBERT G/ BROWN ownership change
9 Jun 22
4
SPAR / ROBERT G/ BROWN ownership change
13 Dec 21
4
SPAR / WILLIAMS H BARTELS ownership change
24 Nov 21
3
SPAR / Michael Wager ownership change
5 Nov 21
3
SPAR / Sean Whelan ownership change
5 Nov 21
4
SPAR / KORI BELZER ownership change
10 Sep 21
4
SPAR / Fay DeVriese ownership change
10 Sep 21
4
SPAR / KORI BELZER ownership change
9 Sep 21
4
SPAR / WILLIAMS H BARTELS ownership change
9 Sep 21
4
SPAR / ROBERT G/ BROWN ownership change
8 Sep 21
Reddit threads
Daily Discussion Thread - May 16th, 2022
16 May 22
Daily Discussion Thread - May 13th, 2022
13 May 22
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
Daily Discussion Thread - March 29th, 2022
29 Mar 22
Daily Discussion Thread - March 28th, 2022
28 Mar 22
SGRP - Very undervalued?
2 Jan 22
Daily Discussion Thread - November 15th, 2021
15 Nov 21
Daily Discussion Thread - November 12th, 2021
12 Nov 21
[Sleeper Stocks Thread] Name a few penny stocks most people are sleeping on right now.
28 Oct 21