SPAR Group Inc. reports third quarter net loss of $8.8 million on revenue of $38.6 million

Reuters11-19
<a href="https://laohu8.com/S/SGRP">SPAR Group</a> Inc. reports third quarter net loss of $8.8 million on revenue of $38.6 million

SPAR Group Inc. reported net revenues of $114.1 million for the first nine months of 2025. Net revenues for the U.S. and Canada increased by 12.6% on a comparable basis. Consolidated gross margin was 21.1% of sales, up from 20.8% in the prior year period. Adjusted EBITDA attributable to SPAR Group Inc. was $2.9 million, or 2.5% of sales, compared to $4.3 million, or 3.3% of sales, in the prior year period. GAAP net loss attributable to SPAR Group Inc. was ($8.3) million, or ($0.35) per diluted share, compared to a net income of $2.6 million, or $0.11 per diluted share, in the first nine months of 2024. The company amended and expanded its revolving credit facilities to $36 million, with an extension to October 2027. Total liquidity at the end of the quarter was $10.4 million, including $8.2 million in cash and cash equivalents and $2.2 million of unused capacity.

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