SPAR Historical Income Statement

SGRP Stock  USD 2.26  0.02  0.89%   
Historical analysis of SPAR income statement accounts such as Operating Income of 9.9 M, Ebit of 9.7 M, EBITDA of 5.2 M or Cost Of Revenue of 106.1 M can show how well SPAR Group performed in making a profits. Evaluating SPAR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SPAR's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SPAR Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SPAR Group is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About SPAR Income Statement Analysis

SPAR Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SPAR shareholders. The income statement also shows SPAR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SPAR Income Statement Chart

At this time, SPAR's Reconciled Depreciation is relatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts SPAR Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SPAR Group minus its cost of goods sold. It is profit before SPAR operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SPAR Group. It is also known as SPAR overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from SPAR Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SPAR Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SPAR income statement and is an important metric when analyzing SPAR Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from SPAR's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SPAR Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, SPAR's Reconciled Depreciation is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Total Revenue255.7M261.3M262.7M138.6M
Depreciation And Amortization3.2M2.7M901K856.0K

SPAR income statement Correlations

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0.60.991.00.590.550.761.00.960.52-0.320.160.610.320.620.080.00.730.530.660.94-0.690.570.260.28
0.520.990.990.630.590.760.980.980.54-0.40.190.580.330.580.040.030.720.530.670.94-0.750.550.370.3
0.61.00.990.580.540.751.00.970.51-0.310.140.610.320.620.08-0.010.740.540.660.94-0.70.560.260.29
0.170.590.630.580.970.770.580.540.94-0.80.680.60.690.450.170.390.330.140.530.68-0.780.730.510.41
0.170.550.590.540.970.780.550.50.98-0.80.710.550.680.560.250.410.340.170.480.66-0.760.760.530.21
0.610.760.760.750.770.780.760.640.84-0.370.670.420.310.630.530.470.460.230.40.75-0.490.780.160.05
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0.260.520.540.510.940.980.840.510.43-0.690.790.50.570.540.370.490.310.120.430.6-0.630.790.390.14
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0.060.610.580.610.60.550.420.610.550.5-0.49-0.060.570.44-0.27-0.390.370.190.860.56-0.620.270.290.37
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0.260.620.580.620.450.560.630.620.550.54-0.250.140.440.490.37-0.070.450.490.370.62-0.530.340.22-0.3
0.590.080.040.080.170.250.530.09-0.010.370.240.48-0.27-0.220.370.570.150.1-0.370.10.140.48-0.33-0.33
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0.350.530.530.540.140.170.230.530.630.120.04-0.20.19-0.030.490.1-0.250.750.450.44-0.430.130.140.06
0.060.660.670.660.530.480.40.650.670.43-0.41-0.060.860.370.37-0.37-0.410.470.450.57-0.620.190.330.37
0.490.940.940.940.680.660.750.930.910.6-0.460.280.560.460.620.10.150.580.440.57-0.810.650.370.29
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0.660.570.550.560.730.760.780.570.460.79-0.440.740.270.270.340.480.630.440.130.190.65-0.480.150.18
-0.410.260.370.260.510.530.160.240.390.39-0.860.190.290.630.22-0.33-0.010.150.140.330.37-0.720.150.11
0.070.280.30.290.410.210.050.280.330.14-0.310.010.370.27-0.3-0.33-0.010.210.060.370.29-0.40.180.11
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SPAR Account Relationship Matchups

SPAR income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.5M4.2M3.2M2.7M901K856.0K
Total Revenue252.9M230.5M255.7M261.3M262.7M138.6M
Gross Profit49.3M45.2M47.5M51.0M55.5M32.6M
Other Operating Expenses242.7M220.8M247.1M253.4M253.3M135.6M
Operating Income10.2M9.7M4.2M8.3M9.4M9.9M
Ebit10.2M10.0M4.7M5.9M9.3M9.7M
Ebitda12.6M14.1M7.9M8.5M10.2M5.2M
Cost Of Revenue203.6M185.3M208.2M210.3M207.3M106.1M
Total Operating Expenses39.1M35.5M38.9M43.2M46.1M29.6M
Income Before Tax9.4M9.3M4.1M4.9M7.1M7.5M
Total Other Income Expense Net(780K)(448K)(75K)(483K)(2.3M)(2.2M)
Net Income5.8M9.0M2M2.1M3.9M4.1M
Income Tax Expense3.6M312K2.1M2.8M2.4M2.5M
Interest Expense1.0M690K585K965K1.9M2.0M
Selling General Administrative36.9M33.3M27.5M21.6M33.7M26.6M
Net Income Applicable To Common Shares2.4M3.4M(1.8M)(732K)(658.8K)(625.9K)
Minority Interest3.4M16.5M(3.8M)(2.9M)(2.9M)(2.8M)
Net Income From Continuing Ops1.9M9.0M2M2.1M2.1M2.5M
Non Operating Income Net Other401K406K266K242K278.3K265.2K
Tax Provision3.6M312K2.1M2.8M2.6M2.1M
Net Interest Income(1.0M)(690K)(585K)(965K)(1.6M)(1.5M)
Reconciled Depreciation3.1M4.2M3.2M2.7M2.6M3.1M

Pair Trading with SPAR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPAR will appreciate offsetting losses from the drop in the long position's value.

Moving against SPAR Stock

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The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPAR Group to buy it.
The correlation of SPAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SPAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for SPAR Stock Analysis

When running SPAR's price analysis, check to measure SPAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.