Sacks Parente Golf, Inc. (SPGC) AI Stock Analysis

• Market Cap: $671.64K
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 2.34
• Revenue Growth: 840.00%
• EPS Growth: -29.73%
• Country: US
• Employees: 18
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Hotels, Lodging & Leisure
• EPS (TTM): -88.24
• Shares Outstanding: 297,184
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: <0.01
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.08
• P/FCF Ratio: -0.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 30 Underperform
• Price Target: ―

Sacks Parente Golf, Inc. faces significant financial challenges, with substantial losses and cash flow issues posing considerable risks. The technical analysis provides mixed signals, with potential downward pressure. Valuation metrics paint a bleak picture due to negative earnings and lack of dividends, making the stock unattractive to value investors.

Sacks Parente Golf, Inc. Business Overview & Revenue Model

Company Description

Sacks Parente Golf, Inc. is a technology-forward golf company, with a portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. The Company designs, manufactures and sells technology-forward, golf equipment. Its segments include golf putting instruments, golf shafts, and golf-related products. It designs golf products to fit golfers of all skill levels, amateur and professional. Its equipment includes putting instruments, golf shafts and grips. Its putting instruments are made of steel, aluminum, titanium alloys, carbon fiber, tungsten, and various other materials, including its magnesium face plate technologies. All of its products are sold under the SPG brand. It offers custom fitting programs online to help consumers find the fit for their personal specifications. In addition, it sells to corporate customers who want certain customizations of its golf equipment. Its products are sold in the Americas, Asia, and Europe.

How the Company Makes Money

Sacks Parente Golf, Inc. generates revenue through the sale of its golf equipment, primarily its signature putters, to both individual consumers and retail partners. The company's revenue streams include direct sales through its online platform and physical retail locations, as well as wholesale distribution to golf shops and sporting goods retailers. Additionally, SPGC may engage in partnerships with professional golfers to promote its products, enhancing brand visibility and driving sales. The company's focus on research and development helps maintain its competitive edge, allowing it to introduce innovative products that attract customers and sustain revenue growth.

Sacks Parente Golf, Inc. Financial Statement Overview

Summary

Sacks Parente Golf, Inc. is experiencing significant financial difficulties, marked by substantial losses and cash flow issues. While there are some improvements in revenue and balance sheet equity, the company's profitability and liquidity remain major concerns, posing risks to its financial stability.

Income Statement

The company's financials show a concerning trajectory. The TTM revenue growth is significant, but this is overshadowed by deeply negative net and EBIT margins, indicating a lack of profitability. The company's net income has worsened substantially over time, suggesting operational and financial challenges.

Balance Sheet

The balance sheet displays a low debt-to-equity ratio, which is a positive, but the equity ratio shows weak equity levels relative to assets. The company has maintained a positive shareholder equity despite past negative figures, indicating some improvement, though overall stability remains low.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, with a troubling trend of increasing cash flow deficits. The negative free cash flow growth and high financing activities indicate potential liquidity issues and reliance on external funding.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.49M	349.00K	190.00K	200.00K	182.00K
Gross Profit	1.39M	122.00K	80.00K	84.00K	141.00K
EBITDA	-5.26M	-4.58M	-2.86M	-294.00K	-473.00K
Net Income	-5.25M	-4.63M	-3.50M	-302.00K	-479.00K
Balance Sheet
Total Assets	0.00	6.39M	710.00K	263.00K	201.00K
Cash, Cash Equivalents and Short-Term Investments	100.00K	5.34M	147.00K	184.00K	100.00K
Total Debt	0.00	65.00K	944.00K	1.21M	953.00K
Total Liabilities	0.00	604.00K	2.59M	1.70M	1.36M
Stockholders Equity	-1.16M	5.79M	-1.88M	-1.44M	-1.16M
Cash Flow
Free Cash Flow	-5.35M	-5.34M	-860.00K	-171.00K	-228.00K
Operating Cash Flow	-4.70M	-5.05M	-785.00K	-171.00K	-228.00K
Investing Cash Flow	-651.00K	-289.00K	-75.00K	0.00	0.00
Financing Cash Flow	-129.98K	10.50M	847.00K	255.00K	316.00K

Sacks Parente Golf, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	79 Outperform	$4.75B	22.44	27.15%	1.38%	2.07%	24.87%
NKE	77 Outperform	$107.03B	33.49	23.29%	2.62%	-9.70%	-42.38%
SKX	72 Outperform	$9.44B	15.21	14.67%	―	10.66%	9.44%
ADDYY	72 Outperform	$42.95B	38.91	19.21%	<0.01%	11.69%	632.93%
Sector *	62 Neutral	$16.95B	11.10	-7.23%	3.24%	1.71%	-24.93%
MODG	53 Neutral	$1.70B	―	-46.00%	―	-1.74%	-2020.38%
SPGC	30 Underperform	$671.64K	―	-102.97%	―	840.00%	-29.73%

Sacks Parente Golf, Inc. Corporate Events

Sacks Parente Golf Appoints New Chief Financial Officer

Sacks Parente Golf, Inc. has appointed Ryan Stearns as the new Chief Financial Officer, effective January 6, 2025. Mr. Stearns brings two decades of financial leadership experience across various sectors, enhancing the company’s executive team. His appointment includes a base salary and stock options, reflecting the company’s commitment to strategic financial management.