YOLFTbeta
Sparq Systems Inc.

Sparq Systems Inc.

SPRQ · V · Industrials / Electrical Equipment & Parts

0.98CAD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close0.98
Open0.98
Day Range0.98 – 0.98
52-Week Range0.59 – 1.47
Volume33.77K
Market Cap108.96M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.03
Dividend Yield0.00%
Beta-0.51
50-Day Avg1.04
200-Day Avg0.9277

About

SPARQ Systems Inc. engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications in Canada. The company offers Quad inverter, a proprietary photovoltaic solution; and Sparqlinq, a real-time performance monitoring that accesses and monitors energy system data. It also provides SparqVu, an energy management system for multi-site monitoring; and cables and accessories. In addition, it provides SparqSync, a mobile monitoring solution, which enables users to stay connected to solar energy system. 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.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEODr. Praveen K. Jain
  • Employees29
  • Headquarters945 Princess Street, Kingston, ON, Canada, K7L 0E9, Canada
  • Websitehttps://www.sparqsys.com

Leadership

  • Dr. Praveen K. JainCEO & Director
  • Mr. Kyle Michael Appleby CA, CPAChief Financial Officer · b. 1975
  • Mr. Pankaj JainVice President of Operations
  • Dr. Majid PahlevaninezhadChief Technology Officer
  • Mr. Richard M. Kimel HBA, LLBCorporate Secretary · b. 1967

Financials

Income Statement

Currency: CAD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.17K00189.98K1.65M2.35M
Growth (%)--100.00%--+771.09%+41.97%
Cost of Revenue97.54K45.10K374.93K1.35M1.78M2.36M
Gross Profit-96.37K-45.10K-374.93K-1.16M-127.63K-9.35K
Gross Margin-8244.05%---608.71%-7.71%-0.40%
Operating Expense1.00M7.10M3.58M3.67M5.53M4.47M
Operating Income-1.10M-7.15M-3.95M-4.82M-5.65M-4.48M
Operating Margin-93921.81%---2538.34%-341.66%-190.58%
EBITDA---3.90M-4.64M-5.29M-4.50M
EBITDA Margin----2440.93%-319.90%-191.71%
Net Income-1.09M-7.81M-3.93M-4.77M-5.65M-4.88M
Net Income Margin-93412.15%---2509.45%-341.68%-207.83%
R&D887.28K972.18K1.57M1.23M1.14M1.59M
R&D as % of Total Revenue75900.86%--646.83%68.61%67.52%
Interest Expense--020.37K145.27K55.64K
Interest Expense % of Total Revenue---10.72%8.78%2.37%

Balance Sheet

Currency: CAD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.95M10.29M7.41M4.39M11.83M7.98M
Total Liabilities106.12K645.64K954.35K2.38M614.13K1.58M
Total Equity1.84M9.64M6.45M2.02M11.21M6.40M
Cash1.35M9.30M4.59M287.83K6.94M4.78M
Net Debt---167.02K--

Cash Flow

Currency: CAD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-332.14K-906.14K-4.56M-4.45M-5.20M-1.87M
Financing Cash Flow1.62M8.73M0445.38K11.96M-203.33K
Capital Expenditure2.41K36.05K151.12K294.18K101.68K91.29K
Free Cash Flow-334.56K-942.19K-4.71M-4.75M-5.30M-1.97M
FCF to OCF100.73%103.98%103.31%106.61%101.96%104.87%

Earnings

Report DateNov 26, 2026
EPS Estimate-
EPS Actual-
Surprise-
TimingAfter-hours

Key Statistics & Ratios

Market Cap108.96M
Enterprise Value103.97M
Trailing P/E0.00
Forward P/E0.00
Price / Sales31.83
Price / Book21.70
EPS-0.03
Book Value0.042
Revenue (TTM)3.42M
Gross Profit (TTM)65.37K
EBITDA-4.48M
Profit Margin-127.77%
Operating Margin-123.17%
Return on Equity-64.31%
Return on Assets-35.09%
Shares Outstanding118.43M
Shares Float90.72M
Beta-0.51
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%