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SPAR Group (SPAR Group) Net Income : $3.9 Mil (TTM As of Dec. 2023)


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What is SPAR Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SPAR Group's Net Income for the three months ended in Dec. 2023 was $2.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SPAR Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.08.


SPAR Group Net Income Historical Data

The historical data trend for SPAR Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SPAR Group Net Income Chart

SPAR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 3.37 -1.78 -0.73 3.90

SPAR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.52 0.87 0.64 0.26 2.14

SPAR Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

SPAR Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.133+-2.357+0+-0.874
=3.9

SPAR Group's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.346+-0.551+0+1.343
=2.1

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SPAR Group  (NAS:SGRP) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

SPAR Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SPAR Group Net Income Related Terms

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SPAR Group (SPAR Group) Business Description

Traded in Other Exchanges
Address
1910 Opdyke Court, Auburn Hills, MI, USA, 48326
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
Executives
Pato Antonio Calisto officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Robert G/ Brown director, 10 percent owner, officer: Chairman, Chief Executive Offi
Spar Business Services Inc other: Affiliated with Robert G Brown 7711 N MILITARY TRAIL, SUITE 1000, WEST PALM BEACH FL 33410
Williams H Bartels director, 10 percent owner, officer: Vice Chairman
Sean Whelan director C/O ZOMEDICA CORP., 100 PHOENIX DRIVE, SUITE 125, ANN ARBOR MI 48108
Michael Wager director 100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Kori Belzer officer: Chief Operations Officer SPAR GROUP INC, 580 WHITE PLAINS RD., TARRYTOWN NY 10591
Fay Devriese officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Ronald Wayne Lutz officer: Chief Global CommercialOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
William Linnane officer: Chief Strategy & GrowthOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Arthur H Baer director 61 BUSHNELL ROAD, HILLSDALE NY 12529
Mike R. Matacunas director, officer: Chief Executive Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
James Richard Brown director C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Igor Novgorodtsev director C/O SPAR GROUP, INC. 333 WESTCHESTER AVE, SOUTH BUILDING, SUITE 204, WHITE PLAINS NY 10604
James R Segreto officer: Controller C/O SPAR GROUP INC, 580 WHITE PLAINS RD, TARRYTOWN NY 10591