secwatch.observer — SEC 8-K summary
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Issuer:     SPAR Group, Inc. (SGRP)
CIK:        0001004989
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001437749-22-027412
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/0001437749-22-027412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004989/000143774922027412/sgrp20221114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer