SPAR Group Files 2024 Annual Report
Ticker: SGRP · Form: 10-K · Filed: May 16, 2025 · CIK: 1004989
| Field | Detail |
|---|---|
| Company | Spar Group, Inc. (SGRP) |
| Form Type | 10-K |
| Filed Date | May 16, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
SPAR Group's 2024 10-K shows $47M assets, $23.4M liabilities, $23.2M equity. Revenue was $23.2M.
AI Summary
SPAR Group, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The filing details the company's financial performance and operational status. Key figures include total assets of $47,000,000 and total liabilities of $23,449,701, resulting in stockholders' equity of $23,240,959. The company reported revenue of $23,240,959 for the fiscal year.
Why It Matters
This 10-K filing provides investors and stakeholders with a comprehensive overview of SPAR Group's financial health and operational performance for the fiscal year 2024, enabling informed investment decisions.
Risk Assessment
Risk Level: medium — The filing indicates a significant amount of debt relative to equity, and the nature of 'loans due from' and 'loans from' local investors with no payment terms suggests potential financial complexities.
Key Numbers
- $47.0M — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $23.4M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $23.2M — Stockholders' Equity (Represents the net worth of the company as of December 31, 2024.)
- $23.2M — Revenue (The total income generated from sales for the fiscal year 2024.)
Key Players & Entities
- SPAR Group, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-05-16 (date) — Filing date
- $47,000,000 (dollar_amount) — Total assets
- $23,449,701 (dollar_amount) — Total liabilities
- $23,240,959 (dollar_amount) — Stockholders' equity
- $23,240,959 (dollar_amount) — Revenue for the fiscal year
FAQ
What is the total revenue reported by SPAR Group, Inc. for the fiscal year ending December 31, 2024?
SPAR Group, Inc. reported revenue of $23,240,959 for the fiscal year ending December 31, 2024.
What were SPAR Group, Inc.'s total assets and total liabilities as of December 31, 2024?
As of December 31, 2024, SPAR Group, Inc. had total assets of $47,000,000 and total liabilities of $23,449,701.
What is the amount of stockholders' equity for SPAR Group, Inc. at the end of fiscal year 2024?
SPAR Group, Inc.'s stockholders' equity was $23,240,959 as of December 31, 2024.
What is the nature of the 'loans due from' and 'loans from' local investors mentioned in the filing?
These represent loans to and from local investors into the Company's subsidiaries for working capital, with no payment terms and due on demand.
When was SPAR Group, Inc. incorporated, and what is its principal business address?
SPAR Group, Inc. was incorporated in Delaware (DE) and its business address is 1910 Opdyke Court, Auburn Hills, MI 48326.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on May 16, 2025 regarding SPAR Group, Inc. (SGRP).