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Sparq Systems Inc.

Industrials CA SPRQ

0.68CAD
0.03(4.62%)

Last update at 2026-03-10T20:00:00Z

Day Range

0.680.71
LowHigh

52 Week Range

0.611.15
LowHigh

Fundamentals

  • Previous Close 0.65
  • Market Cap81.85M
  • Volume32686
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-4.40662M
  • Revenue TTM2.52M
  • Revenue Per Share TTM0.02
  • Gross Profit TTM -0.01379M
  • Diluted EPS TTM-0.03

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -5.65434M -4.76736M -3.92831M -7.80608M -1.09199M
Minority interest - - - - -
Net income -5.65434M -4.76736M -3.92831M -7.80608M -1.09199M
Selling general administrative 4.18M 2.32M 1.97M 6.75M 0.72M
Selling and marketing expenses - - - - -
Gross profit -0.12763M -1.15640M -0.37493M -0.04510M -0.09637M
Reconciled depreciation 0.22M 0.11M 0.03M 0.02M 0.02M
Ebit - - - - -
Ebitda - - - - -
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income -5.65406M -4.82223M -3.95256M -7.14501M -1.09795M
Other operating expenses - - - - -
Interest expense 0.15M 0.02M 0.00000M - -
Tax provision - - - - -
Interest income 0.03M 0.06M 0.06M 0.00238M 0.00125M
Net interest income -0.11247M 0.04M 0.06M 0.00238M 0.00125M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - - - -
Total revenue 1.65M 0.19M 0.00000M 0.00000M 0.00117M
Total operating expenses 7.31M 5.01M 3.95M 7.15M 1.10M
Cost of revenue 1.78M 1.35M 0.37M 0.05M 0.10M
Total other income expense net 0.11M 0.02M -0.03441M -0.66345M 0.00471M
Discontinued operations - - - - -
Net income from continuing ops -5.65434M -4.76736M -3.92831M -7.80608M -1.09199M
Net income applicable to common shares - - - - -
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 11.83M 4.39M 7.41M 10.29M 1.95M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 0.61M 2.38M 0.95M 0.65M 0.11M
Total stockholder equity 11.21M 2.02M 6.45M 9.64M 1.84M
Deferred long term liab - - - - -
Other current liab - 0.06M - - -
Common stock - - - - -
Capital stock 38.96M 26.46M 26.46M 26.46M 15.25M
Retained earnings -36.67796M -31.02362M -26.25626M -22.32794M -14.52187M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 6.94M 0.29M 4.59M 9.30M 1.35M
Cash and equivalents - - - - -
Total current liabilities 0.33M 2.34M 0.92M 0.61M 0.08M
Current deferred revenue - - - - -
Net debt - 0.17M - - -
Short term debt - - - - -
Short long term debt - 0.45M - - -
Short long term debt total - - - - -
Other stockholder equity - - - - -
Property plant equipment - - - - -
Total current assets 11.07M 3.97M 7.25M 10.25M 1.92M
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 1.68M 0.15M 0.00678M 0.08M 0.02M
Long term debt - - 0.04M 0.04M 0.03M
Inventory 2.30M 3.44M 1.71M 0.53M 0.18M
Accounts payable 0.18M 1.80M 0.92M 0.61M 0.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 0.76M 0.42M 0.16M 0.04M 0.02M
Capital lease obligations 0.43M 0.07M 0.00000M - -
Long term debt total - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.10168M -0.29418M -0.15111M 0.13M -0.00241M
Change to liabilities - - - - -
Total cashflows from investing activities - - - - -
Net borrowings - - - - -
Total cash from financing activities 11.96M 0.45M 0.00000M 8.73M 1.62M
Change to operating activities - - - - -
Net income -5.65434M -4.76736M -3.92831M -7.80608M -1.09199M
Change in cash 6.66M -4.29969M -4.71047M 7.95M 1.29M
Begin period cash flow 0.29M 4.59M 9.30M 1.35M 0.06M
End period cash flow 6.94M 0.29M 4.59M 9.30M 1.35M
Total cash from operating activities -5.20101M -4.45090M -4.55936M -0.90614M -0.33214M
Issuance of capital stock 12.34M 0.00000M 0.00000M 10.00M 0.00000M
Depreciation 0.22M 0.11M 0.03M 0.02M 0.02M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory 1.14M -1.72630M -1.18231M -0.35173M 0.03M
Change to account receivables -1.58040M 0.13M -0.21132M -0.06489M 0.35M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - - - -
Change to netincome - - - - -
Capital expenditures 0.10M 0.29M 0.15M 0.04M 0.00241M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -2.05659M -0.14619M -1.40169M 0.13M 0.31M
Stock based compensation 1.97M 0.33M 0.74M 6.08M 0.43M
Other non cash items 0.33M 0.02M - 0.68M -
Free cash flow -5.30269M -4.74507M -4.71047M -0.94219M -0.33455M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPRQ
Sparq Systems Inc.
0.03 4.62% 0.68 - - 32.49 10.55 30.53 -1.2719
NHHH
FuelPositive Corp
0.01 22.22% 0.06 - - - 1.71 -3.381
LPS
Legend Power Systems Inc
-0.005 5.56% 0.09 - 51.02 9.24 60.24 9.80 -5.986
BES
Braille Energy Systems Inc
-0.01 15.38% 0.06 - - 1.75 20.79 1.81 -4.0159
EGT
Eguana Technologies Inc
0.005 4.00% 0.13 - - 1.96 23.56 20.72 -11.3041

Reports Covered

Stock Research & News

Profile

SPARQ Systems Inc. engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications. The company offers Quad inverters, a proprietary photovoltaic solution; and Sparqlinq, a real-time performance monitoring that access and monitors energy system data. It also provides SparqVu, an energy management system for multi-site monitoring; and cables and accessories. The company was formerly known as SPARQ Corp. and changed its name to SPARQ Systems Inc. in December 2022. SPARQ Systems Inc. is headquartered in Kingston, Canada.

Sparq Systems Inc.

Innovation Park, Kingston, ON, Canada, K7L 0E9

Key Executives

Name Title Year Born
Dr. Praveen K. Jain CEO & Director NA
Mr. Kyle Michael Appleby CA, CPA Chief Financial Officer 1975
Mr. Pankaj Jain Vice President of Operations NA
Dr. Majid Pahlevaninezhad Chief Technology Officer NA
Mr. Richard M. Kimel HBA, LLB Corporate Secretary 1967

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