SPAR Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.21	18.22	4.49	9.35	13.47	15.97
Cash & Short-Term Investments	8.21	18.22	4.49	9.35	13.47	15.97
Cash Growth	-58.24%	305.72%	-51.94%	-30.64%	-15.65%	52.73%
Accounts Receivable	38.55	20.93	40	62.44	52.03	44.31
Other Receivables	2.8	3.83	3.11	1.27	2.14	2.61
Receivables	41.35	24.77	43.11	63.71	54.17	46.91
Prepaid Expenses	2.35	3.01	2.26	7.86	4.38	3.63
Other Current Assets	-	-	26.25	-	-	-
Total Current Assets	51.9	46	76.11	80.92	72.03	66.52
Property, Plant & Equipment	4.08	2.65	4.65	4.23	4.71	5.7
Goodwill	0.86	0.86	1.29	1.71	4.17	3.76
Other Intangible Assets	0.74	0.84	1.18	2.04	2.3	2.26
Long-Term Deferred Tax Assets	1.9	4.26	3.32	3.77	4.47	4.2
Other Long-Term Assets	2.19	1.83	3.73	1.93	1.35	1.6
Total Assets	61.67	56.43	90.28	94.6	89.02	84.03
Accounts Payable	13.36	8.77	4.82	10.59	8.94	7.86
Accrued Expenses	2.44	1.78	2.47	13.92	11.26	10.82
Short-Term Debt	23.78	16.08	16.25	18.24	14.01	13.1
Current Portion of Long-Term Debt	0.5	0.5	4.49	2.7	0.3	-
Current Portion of Leases	0.29	0.28	0.95	0.36	1.02	1.4
Current Income Taxes Payable	1.15	0.14	0.58	2.66	2.4	6.05
Current Unearned Revenue	1.15	0.89	1.91	2.4	3.9	1.8
Other Current Liabilities	0.73	1.62	17.11	3.68	8.37	1.88
Total Current Liabilities	43.42	30.05	48.57	54.56	50.21	42.91
Long-Term Debt	1.13	1.72	0.31	1.38	0.7	1
Long-Term Leases	0.53	0.35	0.99	0.61	0.76	1.5
Other Long-Term Liabilities	-	-	0.17	-	-	-
Total Liabilities	45.08	32.13	50.04	56.54	51.67	45.41
Common Stock	0.24	0.23	0.23	0.23	0.21	0.21
Additional Paid-In Capital	20.07	19.89	21	20.71	17.23	16.65
Retained Earnings	-0.84	7.46	10.61	6.71	7.44	9.22
Treasury Stock	-1.68	-2.08	-0.29	-0.29	-0.1	-0
Comprehensive Income & Other	-1.19	-1.2	-3.34	-4.94	-5.03	-3.91
Total Common Equity	16.59	24.31	28.22	22.42	19.75	22.16
Minority Interest	-	-	12.02	15.63	17.6	16.46
Shareholders' Equity	16.59	24.31	40.25	38.06	37.35	38.62
Total Liabilities & Equity	61.67	56.43	90.28	94.6	89.02	84.03
Total Debt	26.24	18.93	22.98	23.29	16.79	17
Net Cash (Debt)	-18.03	-0.71	-18.49	-13.94	-3.32	-1.03
Net Cash Per Share	-0.77	-0.03	-0.76	-0.63	-0.16	-0.05
Filing Date Shares Outstanding	22.96	22.24	24.22	21.85	21.85	21.25
Total Common Shares Outstanding	22.79	22.24	23.24	22.65	21.27	21.12
Working Capital	8.49	15.95	27.54	26.37	21.82	23.61
Book Value Per Share	0.73	1.09	1.21	0.99	0.93	1.05
Tangible Book Value	14.99	22.61	25.75	18.67	13.29	16.14
Tangible Book Value Per Share	0.66	1.02	1.11	0.82	0.62	0.76
Machinery	4.95	4.65	6.81	7.43	7.06	6.63
Leasehold Improvements	0.5	0.38	0.37	0.35	0.35	0.33

Source: S&P Global Market Intelligence. Standard template. Financial Sources.