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Sparq Systems Inc (SPRQ.VN)

Sparq Systems Inc (SPRQ.VN)
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SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 1,655 190 0 0 1
Sales Growth +771.09% unch unch -100.00% -99.80%
Net Income -5,654 -4,767 -3,928 -7,806 -1,092
Net Income Growth -18.61% -21.36% +49.68% -614.85% -8.06%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 11,828 4,392 7,405 10,287 1,946
Total Assets Growth +169.33% -40.69% -28.01% +428.60% +85.53%
Total Liabilities 614 2,376 954 646 106
Total Liabilities Growth -74.15% +148.95% +47.82% +508.40% -93.08%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -5,201 -4,451 -4,559 -906 -332
Operating Cash Flow Growth -16.85% +2.38% -403.16% -172.82% +48.95%
Net Cash Flow 6,657 -4,300 -4,710 7,951 1,289
Change in Net Cash Flow +254.83% +8.72% -159.24% +516.68% +606.30%
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