tiprankstipranks
Trending News
More News >

Spar Group Delays Quarterly Report Filing

Story Highlights
Spar Group Delays Quarterly Report Filing

Spar Group ( (SGRP) ) has released a notification of late filing.

Confident Investing Starts Here:

Spar Group, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reasons for this delay include ongoing efforts to finalize the company’s Annual Report on Form 10-K (Yearly Report) for the year ended December 31, 2024, and additional closing activities related to the recent conversion to a new enterprise-resource-planning (ERP) system. The company anticipates filing the delayed report within five calendar days following the prescribed due date. Spar Group expects significant changes in its financial results due to the sale of all international joint ventures during fiscal year 2024, with preliminary estimates indicating a decrease in net revenues, cost of revenues, and gross profit compared to the same quarter in the previous year. The company is actively working on compliance efforts, and the notification has been signed by Antonio Calisto Pato, the Chief Financial Officer, Treasurer, and Secretary.

Spark’s Take on SGRP Stock

According to Spark, TipRanks’ AI Analyst, SGRP is a Neutral.

Spar Group’s overall stock score reflects a mix of strong valuation and improved financial metrics against a backdrop of revenue decline and weak technical indicators. The low P/E ratio suggests undervaluation, but challenges in cash flow generation and lack of earnings call insights temper enthusiasm.

To see Spark’s full report on SGRP stock, click here.

More about Spar Group

Average Trading Volume: 60,817

Technical Sentiment Signal: Sell

Current Market Cap: $24.86M

For an in-depth examination of SGRP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App