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Sparc Technologies Ltd
(Sydney:SPN)
Sparc Technologies Ltd (SPN) vs. iShares MSCI Australia ETF (EWA)
Sparc Technologies Ltd Business Overview & Revenue Model
Sparc Technologies Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.12M | 1.42M | 947.37K | 604.52K | 64.06K | 135.60K |
| Gross Profit | 997.09K | 1.42M | 615.97K | 432.13K | -42.85K | 131.55K |
| EBITDA | -2.64M | -3.74M | -4.88M | -10.32M | -3.36M | -1.42M |
| Net Income | -3.01M | -4.27M | -4.49M | -14.20M | -5.44M | -546.20K |
Balance Sheet | ||||||
| Total Assets | 3.63M | 3.46M | 4.40M | 4.48M | 4.03M | 2.27M |
| Cash, Cash Equivalents and Short-Term Investments | 907.85K | 2.71M | 2.96M | 2.14M | 2.93M | 2.25M |
| Total Debt | 255.42K | 202.97K | 315.86K | 399.02K | 490.99K | 0.00 |
| Total Liabilities | 792.09K | 529.13K | 899.13K | 832.22K | 635.23K | 59.12K |
| Stockholders Equity | 2.84M | 2.93M | 3.51M | 3.65M | 3.39M | 2.22M |
Cash Flow | ||||||
| Free Cash Flow | -696.89K | -2.24M | -2.63M | -4.92M | -2.68M | -707.69K |
| Operating Cash Flow | -665.57K | -2.22M | -2.47M | -4.61M | -2.35M | -612.13K |
| Investing Cash Flow | -202.74K | -19.04K | -159.01K | 309.10K | 1.53M | -95.56K |
| Financing Cash Flow | 3.01M | 1.99M | 3.45M | 3.50M | 3.71M | 380.00K |
Sparc Technologies Ltd Technical Analysis
Sparc Technologies Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
45 Neutral | AU$18.13M | ― | -113.38% | ― | ― | 44.09% | |
44 Neutral | C$992.05M | -6.68 | -13.59% | 2.53% | 17.48% | -32.48% | |
| €6.16M | ― | -234.21% | ― | ― | ― | ||
| €14.11M | ― | -420.93% | ― | ― | ― | ||
65 Neutral | AU$62.73M | 30.56 | 4.12% | ― | 20.25% | ― | |
50 Neutral | AU$83.72M | ― | -26.71% | ― | 15.24% | 8.35% | |
50 Neutral | AU$28.47M | ― | -73.56% | ― | -6.15% | -12.45% |
Sparc Technologies Ltd Corporate Events
Sparc Technologies Ltd announced that Sparc Hydrogen, in collaboration with the University of Adelaide, has received a A$2.75M grant from the Australian Government’s Economic Accelerator Innovate program. This funding will support the operation of the Roseworthy pilot plant, research and development, and commercialization activities, enhancing Sparc Hydrogen’s position in the green hydrogen sector. The grant is a testament to the commercial potential of Sparc’s novel PWS technology, which aims to revolutionize green hydrogen production by eliminating the need for solar or wind farms and expensive electrolysers. The pilot plant at Roseworthy is set to become a significant site for R&D, reinforcing Sparc Hydrogen’s first-mover advantage in this emerging technology.
Sparc Technologies Ltd has announced the progress of its Sparc Hydrogen pilot plant, a pioneering facility for green hydrogen production, located at the University of Adelaide’s Roseworthy Campus. The plant, which uses photocatalytic water splitting technology, is on track for commissioning in July 2025. This development marks a significant step in commercializing Sparc’s patented technology, aiming to address the high costs associated with traditional hydrogen production methods. The pilot plant will serve as a research and development hub, testing various reactor designs and photocatalyst materials, thereby reinforcing Sparc’s leading position in the emerging solar-to-hydrogen market.
Sparc Technologies Limited has announced a change in the interests of its substantial holder, Innovation & Commercial Partners Pty Ltd, along with The University of Adelaide. The change, effective from June 6, 2025, reflects a dilution in voting power from 8.35% to 5.61% due to the reduction in the number of voting shares held by these entities. This adjustment in shareholding may influence Sparc Technologies’ governance and decision-making processes, potentially impacting stakeholders and the company’s strategic direction.
Sparc Technologies Ltd has announced a change in the interests of its substantial holder, Stephen Brian Hunt. As of June 5, 2025, Hunt’s voting power has decreased from 11% to 6.76% due to dilution. This change affects the company’s voting shares and may influence its governance and decision-making processes.
Sparc Technologies Ltd has announced the quotation of 6,841,491 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of June 5, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional liquidity for stakeholders.
Sparc Technologies Limited announced that its Share Purchase Plan (SPP) was significantly oversubscribed, receiving applications totaling A$1,026,214, surpassing the initial target of A$500,000. This strong shareholder support allows Sparc to enhance its financial platform to commercialize its graphene-based additives and advance its green hydrogen initiatives. The company exercised discretion to accept all valid applications, increasing the SPP size to accommodate the demand, and will issue new shares at A$0.15 each. This development follows a successful share placement that raised A$2.2 million, further solidifying Sparc’s financial position to pursue its key objectives.
Sparc Technologies has entered a Collaboration Agreement with Detmold Packaging to develop graphene-enhanced paper packaging products. This partnership aims to improve the sustainability and performance of Detmold’s packaging solutions by incorporating Sparc’s graphene additives. The agreement marks a strategic milestone for Sparc as it extends its R&D efforts into new markets, although the immediate financial impact is not expected to be significant. The collaboration will involve research, testing, and potentially pilot trials, with commercial terms to be negotiated separately.
Sparc Technologies Ltd announced an investor webinar hosted by Managing Director Nick O’Loughlin to provide updates on their green hydrogen technology and pilot plant development. This initiative underscores Sparc’s commitment to advancing renewable energy solutions, potentially enhancing its market position and offering significant implications for stakeholders interested in sustainable energy innovations.
Sparc Technologies Ltd has announced an upcoming investor webinar hosted by Managing Director Nick O’Loughlin, which will provide updates on Sparc Hydrogen’s green hydrogen technology and pilot plant development. This initiative highlights Sparc’s commitment to advancing renewable energy solutions and could potentially strengthen its position in the green hydrogen market by showcasing the economic and scalable benefits of its patented photocatalytic water splitting technology.
Sparc Technologies Ltd has released a presentation outlining its strategic focus and potential risks associated with its operations. The document emphasizes the company’s commitment to innovation while acknowledging the uncertainties and risks inherent in its business model, including financial and operational challenges that could impact future performance.
Sparc Technologies Ltd is offering a share purchase plan (SPP) to eligible shareholders in Australia and New Zealand, allowing them to purchase shares at A$0.15 each, with a maximum investment of A$30,000. The funds raised will be used for field trials and commercialization of ecosparc®, investment in Sparc Hydrogen, research and development, patenting activities, and general working capital, potentially impacting the company’s growth and market positioning.
Sparc Technologies Limited has announced the issuance of 14,266,665 fully paid ordinary shares at $0.15 each as part of the first tranche of a two-tranche placement. This move is in compliance with the Corporations Act 2001, and the company has confirmed that there is no excluded information requiring disclosure. This announcement serves as a cleansing notice for the company’s share purchase plan, indicating a strategic step in their capital raising efforts.
Sparc Technologies Ltd has announced the quotation of 14,266,665 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s liquidity and potentially broaden its investor base, reflecting a strategic step in its growth and market positioning.
Sparc Technologies Ltd has achieved ISO certifications for quality, environmental, and occupational health and safety management systems, marking a significant milestone in its graphene division. These certifications validate Sparc’s operational standards as it progresses towards the commercialisation of ecosparc®, its graphene-based additive, which is currently undergoing field trials with major asset owners in Australia. The certifications are expected to bolster Sparc’s engagement with prospective customers and partners, supporting its transition from research and development to commercial supply.
Sparc Technologies Ltd has successfully secured A$2.2 million through a share placement, with plans to raise an additional A$500,000 via a Share Purchase Plan (SPP) targeting existing shareholders. The funds will be utilized for the commercialization of its ecosparc® product, support for Sparc Hydrogen, and ongoing research and development. This capital raise positions Sparc Technologies to advance its products and maintain its competitive edge in the advanced materials and renewable energy sectors.
Sparc Technologies Ltd has reported significant progress in its March 2025 Quarterly Activities Report, highlighting advancements in its Sparc Hydrogen joint venture and graphene-based additives. The company has commenced construction of a pilot plant for its photocatalytic water splitting technology, aiming to solidify its position as a leader in direct solar to hydrogen technology. Additionally, Sparc has secured a new trial agreement for its ecosparc® enhanced coatings and received a grant for developing graphene-enhanced netting for aquaculture. These developments underscore Sparc’s strategic focus on innovation and collaboration, potentially enhancing its market positioning and offering new opportunities for stakeholders.
Sparc Technologies Limited has requested a trading halt on its securities on the Australian Securities Exchange (ASX) pending a significant announcement related to a material capital raising. The halt is intended to help manage the company’s continuous disclosure obligations and will remain until the announcement is made or until normal trading resumes on May 1, 2025. This move indicates a potential strategic financial maneuver that could impact the company’s operations and market positioning.
Sparc Technologies has announced successful initial results from field trials of its ecosparc® enhanced anti-corrosion coating at Streaky Bay Jetty in South Australia. The trials, conducted in collaboration with the South Australian Department for Infrastructure and Transport, showed no signs of degradation, matching the performance of market-leading coatings. This success supports commercial discussions and positions Sparc as a leader in the emerging graphene-enhanced coatings market, with commercial adoption expected in FY26. The addressable market for ecosparc® is estimated at approximately US$1.0 billion annually, driven by cost and emissions savings.