---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027412"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T17:58:24.197876+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPAR Group Q3 net loss $32K vs profit; revenue rises 3.6% to $69.8M

## Summary
- Q3 net revenues $69.8M, up 3.6% YoY (7.2% constant currency); Americas up 7.8%.
- Net loss attributable to SPAR Group $32K ($0.00/share) vs net income $1.2M ($0.06) prior year.
- Adjusted EBITDA attributable to SPAR Group $1.2M, down from $2.4M prior year.
- U.S. merchandising +15% and remodel +62% YoY; APAC revenue -9.8% on Covid headwinds.
- Cash and equivalents $12.1M; net working capital $24.7M.

## SEC filing metadata
- accession: 0001437749-22-027412
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/0001437749-22-027412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/sgrp20221114_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027412
- JSON: https://secwatch.observer/filing/0001437749-22-027412.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027412.txt

## Key facts
- Earnings Releases
  SPAR Group, Inc. reported first nine months ended September 30, 2022 results: revenue $196.6 million, net income $1.8 million, EPS $0.08 per share.
  - Period: first nine months ended September 30, 2022
  - Revenue: $196.6 million
  - Net income: $1.8 million
  - EPS: $0.08 per share
  - Result: reported results
  source text: First Nine Months 2022 Financial Results Net revenues were $196.6 million, comprised of $150.0 million from Americas (76%) and $27.3 million from EMEA (14%), and $19.4 million from APAC (10%).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/0001437749-22-027412-index.htm
- Earnings Releases
  SPAR Group, Inc. reported third quarter ended September 30, 2022 results: revenue $69.8 million, net income $32 thousand, EPS $0.00 per share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $69.8 million
  - Net income: $32 thousand
  - EPS: $0.00 per share
  - Result: reported results
  source text: SPAR Group, Inc. Reports Fiscal 2022 Third Quarter Results November 14, 2022 Quarterly Net Revenues $69.8 million, Up 3.6% or 7.2% Adjusted for Constant Currency Growth Reflects Strong Americas Business Fueled by In-Store Merchandising and Store Remodel Business
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/0001437749-22-027412-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.