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Spar Group Inc   (SGRP)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services


 

Spar Group Inc

SGRP's Financial Statements and Analysis



Spar Group Inc reported in the first quarter of 2024 net earnings per share of $0.28 an increase by 600 % year on year from $0.04 and an improvement of 278.77 % from $0.07 realized in IV. Quarter (Dec 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.28 $  69 Mill
$+0.24     +600 % $+6M     +9 %



Spar Group Inc 's Revenue rose by 9 % in first quarter of 2024 (Mar 31 2024) year on year, to $69 million and advanced by 5.24 % sequentially.


Spar Group Inc is

More on SGRP's Income Statement



Spar Group Inc 's net income of $7.181 million in the first quarter of 2024 increased by 304.11 % from net earnings of $1.777 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 803.27 % from net income of $0.795 million realized in previous quarter.

More on SGRP's Growth

Spar Group Inc Inventories
SGRP's Cash flow In the first quarter of 2024 company's net cash flow was $6 million, capital expenditures fell by -0.34325.95%, to $0 millions compare to same quarter a year ago

More on SGRP's Cash flow Statement


Spar Group Inc does not pay out common stock dividend.

In trailing twelve-month period Spar Group Inc earned $ 0.19 cash per share, on a free-cash flow basis 48.05 % of net earning per share.

Book value grew by 1.08 % sequentially to $1.67 per share, -11.2% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.59 per share from $ 1.55.

Company repurchased 0.37 million shares or 1.54 % in Mar 31 2024.
Interest Coverage Ratio was 7.48. Debt Coverage Ratio was 0.79.

More on SGRP's Dividends

 Market Capitalization (Millions) 53
 Shares Outstanding (Millions) 24
 Total Debt (Millions $) 23
 Revenue (TTM) (Millions $) 263
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Spar Group Inc does not pay out common stock dividend.

In trailing twelve-month period Spar Group Inc had $ 0.19 cash flow per share, on a free-cash flow basis 48.05 % of net earning per share.

Book value grew by 1.08 % sequentially to $1.67 per share, -11.2% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.59 per share from $ 1.55.

Company repurchased 0.37 million shares or 1.54 % in Mar 31 2024.
Interest Coverage Ratio was 7.48. Debt Coverage Ratio was 0.79.

More on SGRP's Balance Sheets

 Market Capitalization (Millions) 53
 Shares Outstanding (Millions) 24
 Total Debt (Millions $) 23
 Revenue (TTM) (Millions $) 263
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Spar Group Inc Earnings

Strong Revenue Growth and Significant Earnings Improvement Propel Spar Group Inc. in First Quarter of 2024

Spar Group Inc. is a leading provider of merchandising and marketing services to clients in the retail and consumer packaged goods industries. The company has seen steady growth in revenue and earnings over the past fiscal periods, with the most recent fiscal period showing significant improvements in both areas.
In the most recent fiscal period, Spar Group Inc. reported a revenue increase of 8.999% to $68.54 million, up from $62.88 million in the previous year. This revenue growth came in short of the 9.59% increase seen in the first quarter of 2023 by most of the Professional Services industry. However, Spar Group Inc. still managed to show a significant earnings improvement of 600%, with earnings per...

Spar Group Inc's Strategic Initiatives Yield Positive Results and Enhance Shareholder Value

The recent financial results of Spar Group Inc have undoubtedly shown positive signs of improvement, with the company pointing out that their strategic initiatives have delivered improved results and significant cash flow. This is further highlighted by their decision to authorize the repurchase of up to 2,500,000 of its outstanding shares, a move that is expected to impact the company's shares and potentially enhance shareholder value.
One of the key implications of this share repurchase authorization is the company's strong commitment to enhancing shareholder value. By buying back its own shares, Spar Group is signaling to the market that it believes its stock is undervalued and that investing in it is...

Revitalizing Revenue: SGRP Charts Steady Earnings Amidst Decreasing Revenue

Interpreting the financi...

Revitalizing Revenue: Spar Group Inc Makes a Comeback in the Financial Second Quarter of 2023


Introduction
Spar Group Inc, a leading Professional Services company, has announced a significant reduction in earnings per share and a decline in revenue for the second quarter of its fiscal year. With the release of these financial results, it is critical to examine this data in the context of the company's overall performance and the prevailing market conditions.
Earnings and Revenue Decline
During the April to June 30, 2023 span, Spar Group Inc experienced a 40% decrease in earnings per share, plummeting to $0.03 compared to the same period last year. Meanwhile, revenue decreased by 1.811%, reaching $64.10 million. This decline in top-line revenue stands in contrast to the overall Profes...

Robust EPS Performance Drives Explosive Revenue Growth of 33.33% in Spar Group Inc's 2023 Financial Closing

With the global economy emerging from the pandemic, investors are keenly watching compan...


Date modified: 2024-05-16T13:38:00+00:00





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