SPAR Group, Inc. (SGRP) financial statements (2023 and earlier)
Company profile
| Business Address |
1910 OPDYKE COURT AUBURN HILLS, MI 48326 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 15,972 | 10,458 | 7,111 | 8,827 | 7,324 | |||
| Cash and cash equivalents | 15,972 | 10,458 | 7,111 | 8,827 | 7,324 | |||
| Receivables | 46,914 | 49,299 | 46,142 | 35,964 | 33,669 | |||
| Deferred tax assets | ✕ | ✕ | ✕ | 471 | ||||
| Other undisclosed current assets | 3,631 | 2,404 | 1,879 | 2,031 | 1,299 | |||
| Total current assets: | 66,517 | 62,161 | 55,132 | 46,822 | 42,763 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 2,900 | 4,948 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 2,795 | 2,848 | 2,950 | 2,712 | 2,536 | |||
| Intangible assets, net (including goodwill) | 6,015 | 6,580 | 7,120 | 3,470 | 4,187 | |||
| Goodwill | 3,760 | 3,784 | 3,788 | 1,836 | 1,847 | |||
| Intangible assets, net (excluding goodwill) | 2,255 | 2,796 | 3,332 | 1,634 | 2,340 | |||
| Deferred income tax assets | 4,201 | 1,883 | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 1,601 | 1,115 | 1,325 | 1,929 | 1,142 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 2,568 | 3,055 | 6,612 | ||
| Total noncurrent assets: | 17,512 | 17,374 | 13,963 | 11,166 | 14,477 | |||
| TOTAL ASSETS: | 84,029 | 79,535 | 69,095 | 57,988 | 57,240 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 7,859 | 9,186 | 8,668 | 7,341 | 5,567 | |||
| Accounts payable | 7,859 | 9,186 | 8,668 | 7,341 | 5,567 | |||
| Deferred revenue | 1,799 | 594 | ✕ | ✕ | ✕ | |||
| Debt | 9,329 | 8,932 | 10,414 | 6,839 | 9,778 | |||
| Due to related parties | 3,775 | 4,666 | 4,645 | 3,026 | 3,349 | |||
| Deferred tax liabilities | ✕ | ✕ | ✕ | 2,389 | ||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 1,539 | 1,305 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 620 | ✕ | ✕ | ||
| Other liabilities | 18,745 | 18,548 | 18,168 | 13,581 | 9,766 | |||
| Other undisclosed current liabilities | 1,398 | 2,828 | ||||||
| Total current liabilities: | 42,905 | 44,754 | 42,515 | 32,326 | 32,154 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 2,502 | 3,420 | 1,806 | 107 | 4 | |||
| Long-term debt, excluding current maturities | 1,000 | 1,300 | 1,806 | 107 | 4 | |||
| Operating lease, liability | 1,502 | 2,120 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (1,502) | (2,120) | ||||||
| Total noncurrent liabilities: | 2,502 | 3,420 | 1,806 | 107 | 4 | |||
| Total liabilities: | 45,407 | 48,174 | 44,321 | 32,433 | 32,158 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 22,159 | 18,955 | 16,298 | 19,650 | 18,089 | |||
| Common stock | 211 | 211 | 208 | 207 | 207 | |||
| Treasury stock, value | (2) | (2) | (8) | (115) | (51) | |||
| Additional paid in capital | 16,645 | 16,511 | 16,304 | 16,271 | 16,093 | |||
| Accumulated other comprehensive loss | (3,913) | (3,616) | (3,638) | (1,690) | (3,995) | |||
| Retained earnings | 9,218 | 5,851 | 3,432 | 4,977 | 5,835 | |||
| Stockholders' equity attributable to noncontrolling interest | 16,463 | 12,406 | 8,476 | 5,905 | 6,993 | |||
| Total stockholders' equity: | 38,622 | 31,361 | 24,774 | 25,555 | 25,082 | |||
| TOTAL LIABILITIES AND EQUITY: | 84,029 | 79,535 | 69,095 | 57,988 | 57,240 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 230,517 | 252,876 | 229,191 | 181,381 | 134,324 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 181,381 | 134,324 | |
| Cost of revenue | (185,329) | (203,626) | (184,904) | (144,601) | (104,781) | ||
| Gross profit: | 45,188 | 49,250 | 44,287 | 36,780 | 29,543 | ||
| Operating expenses | (35,466) | (39,059) | (40,558) | (32,690) | (27,341) | ||
| Operating income: | 9,722 | 10,191 | 3,729 | 4,090 | 2,202 | ||
| Nonoperating income (Other Nonoperating income) | 242 | 266 | 406 | 401 | 128 | ||
| Interest and debt expense | (337) | (133) | |||||
| Income from continuing operations before income taxes: | 9,964 | 10,457 | 4,135 | 4,154 | 2,197 | ||
| Income tax expense | (312) | (3,578) | (1,402) | (2,977) | (441) | ||
| Income before gain (loss) on sale of properties: | 9,652 | 6,879 | 2,733 | 1,177 | 1,756 | ||
| Other undisclosed net loss | (690) | (1,046) | (1,095) | ||||
| Net income: | 8,962 | 5,833 | 1,638 | 1,177 | 1,756 | ||
| Net loss attributable to noncontrolling interest | (5,595) | (3,414) | (3,189) | (2,100) | (1,583) | ||
| Net income (loss) available to common stockholders, diluted: | 3,367 | 2,419 | (1,551) | (923) | 173 | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 8,962 | 5,833 | 1,638 | 1,177 | 1,756 | ||
| Other comprehensive income (loss) | (1,835) | 538 | (3,284) | 1,315 | (1,126) | ||
| Comprehensive income (loss): | 7,127 | 6,371 | (1,646) | 2,492 | 630 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (4,057) | (3,930) | (1,837) | (2,698) | (1,583) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,070 | 2,441 | (3,483) | (206) | (953) | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.