Saturday 17 October 2026
Export SGRP’s income statement to Excel — free account
SPAR Group, Inc.
SGRP Industrials Specialty Business Services
In the quarter to June 2026, revenue fell 4.46%, EPS was flat, free cash flow grew 35.9% and total debt rose 80.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
0.65
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 0.85 | 0.87 | 0.45 | 0.51 | 0.55 | 1.01 | 1.00 | 0.70 | 0.95 | 0.76 |
Analyst estimates 2026–2028 Powerpack |
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| High | 1.60 | 1.66 | 3.75 | 1.38 | 1.55 | 3.86 | 1.97 | 1.40 | 3.12 | 2.10 | |||||
| People | |||||||||||||||
| People | Employees | 18,500 | 26,100 | 19,900 | 14,000 | 20,000 | 25,000 | 25,000 | 24,288 | 3,425 | 4,522 | ||||
| Revenue/emp, $m | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 134 | 181 | 229 | 253 | 231 | 256 | 261 | 188 | 164 | 136 | ||||
| Gross margin, % | 21.99 | 20.28 | 19.32 | 19.48 | 19.60 | 18.58 | 19.52 | 23.65 | 20.53 | 15.94 | |||||
| EBT | 2 | 4 | 3 | 9 | 9 | 4 | 5 | 3 | (2) | (21) | |||||
| EBT margin, % | 1.64 | 2.29 | 1.33 | 3.72 | 4.02 | 1.61 | 1.88 | 1.60 | (1.02) | (15.10) | |||||
| Net income | 2 | 1 | 2 | 6 | 9 | 2 | 2 | 5 | (3) | (25) | |||||
| Depreciation | 2 | 2 | 2 | 3 | 4 | 3 | 5 | 3 | 2 | 2 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 6.52 | 8.80 | 11.08 | 12.09 | 10.92 | 12.02 | 11.82 | 8.05 | 6.95 | 5.76 | ||||
| Earnings | 0.01 | (0.04) | (0.07) | 0.12 | 0.16 | (0.08) | (0.03) | 0.17 | (0.13) | (1.04) | |||||
| Cash flow | 0.07 | 0.33 | 0.10 | 0.29 | 0.42 | 0.12 | (0.23) | 0.29 | (0.03) | (0.78) | |||||
| Capex | (0.08) | (0.07) | (0.08) | (0.07) | (0.08) | (0.08) | (0.08) | (0.05) | (0.05) | (0.13) | |||||
| Free cash flow | (0.01) | 0.26 | 0.02 | 0.23 | 0.34 | 0.04 | (0.31) | 0.24 | (0.08) | (0.91) | |||||
| Book value | 1.22 | 1.24 | 1.20 | 1.50 | 1.83 | 1.76 | 1.72 | 1.72 | 1.03 | 0.03 | |||||
| Shares, m | 21 | 21 | 21 | 21 | 21 | 21 | 22 | 23 | 24 | 24 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 11.82 | 7.19 | 0.00 | 0.00 | 5.94 | 12.07 | 0.00 | ||||
| P/S | 0.16 | 0.14 | 0.05 | 0.11 | 0.11 | 0.10 | 0.10 | 0.13 | 0.28 | 0.14 | |||||
| P/B | 0.88 | 1.02 | 0.45 | 0.87 | 0.63 | 0.70 | 0.71 | 0.59 | 1.88 | 30.00 | |||||
| EV/Sales | 0.11 | 0.10 | 0.03 | 0.14 | 0.10 | 0.11 | 0.15 | 0.23 | 0.18 | 0.13 | |||||
| EV/FCF | (69.42) | 3.28 | 13.70 | 7.23 | 3.31 | 31.66 | (5.89) | 7.58 | (16.55) | (0.80) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 1 | 7 | 2 | 6 | 9 | 3 | (5) | 7 | (1) | (18) | ||||
| Capex | (2) | (1) | (2) | (1) | (2) | (2) | (2) | (1) | (1) | (3) | |||||
| Free cash flow | 0 | 5 | 0 | 5 | 7 | 1 | (7) | 6 | (2) | (21) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 13 | 14 | 13 | 17 | 24 | 22 | 26 | 28 | 16 | (6) | ||||
| Total debt | 12 | 9 | 17 | 18 | 16 | 16 | 23 | 0 | 2 | 2 | |||||
| Net debt | 5 | 0 | 10 | 7 | 0 | 3 | 13 | (4) | (16) | (1) | |||||
| Shareholders’ equity | 25 | 26 | 25 | 31 | 39 | 37 | 38 | 40 | 24 | 1 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 0.35 | (1.64) | (2.44) | 3.26 | 4.12 | (2.06) | (0.80) | 4.22 | (4.29) | (49.01) | ||||
| ROIC | 4.58 | 9.91 | 6.73 | 16.49 | 15.93 | 6.55 | 6.55 | 9.66 | 5.27 | 0.00 | |||||
| ROE | 0.70 | (3.65) | (6.16) | 8.62 | 9.62 | (4.68) | (1.94) | 9.97 | (9.76) | (197.58) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
SPAR Group, Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PMEC Primech Holdings Ltd. | $19.6M | — (loss-making) | — | +43.05% (above 0%: growing) | −200.00% (below 0%: shrinking) | +7.30% (above 0%: growing) | 5.80% | 0.00% | Compare |
| PC Premium Catering (Holdings) Limited | $19.5M | — | — | — | — | −1,294.44% (below 0%: shrinking) | — | — | Compare |
| WHLM Wilhelmina International, Inc. | $17.2M | 4.8× | 5.2× | −0.83% (below 0%: shrinking) | −60.00% (below 0%: shrinking) | −80.08% (below 0%: shrinking) | 100.00% | 2.22% | Compare |
| LICN Lichen International Limited | $14.5M | — | — | — | — | −574.31% (below 0%: shrinking) | — | — | Compare |
| SFHG Samfine Creation Holdings Group Limited | $8.5M | — | — | — | — | — | — | — | Compare |
| SGRP SPAR Group, Inc. | $8.2M | — (loss-making) | 9.7× | −4.46% (below 0%: shrinking) | n/m | +35.87% (above 0%: growing) | 22.78% | 3.28% | |
| THH TryHard Holdings Limited | $7.3M | — | — | — | — | — | — | — | Compare |
| CRE Cre8 Enterprise Limited | $5.2M | — | — | — | — | — | — | — | Compare |
| SMX SMX (Security Matters) Public Limited Company | $3.9M | — (loss-making) | — | — | n/m | −488.21% (below 0%: shrinking) | — | 0.00% | Compare |
| Median of peers | $11.5M | — | — | — | — | −488.21% | — | 0.00% |
SPAR Group, Inc. (SGRP) key facts
- SPAR Group, Inc. (SGRP) is a Specialty Business Services company in the Industrials sector.
- As of October 16, 2026, SGRP traded at $0.65, a market capitalization of $8.2 million.
- Return on equity was −197.6% and debt-to-equity 1.26.
- Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 1.36 (distress zone) for fiscal 2025.