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Side-by-side financial comparison of SPAR Group, Inc. (SGRP) and SuperCom Ltd (SPCB). Click either name above to swap in a different company.

SPAR Group, Inc. is the larger business by last-quarter revenue ($22.0M vs $14.2M, roughly 1.6× SuperCom Ltd). SuperCom Ltd runs the higher net margin — 37.5% vs -74.1%, a 111.6% gap on every dollar of revenue. On growth, SuperCom Ltd posted the faster year-over-year revenue change (-1.5% vs -33.4%). SuperCom Ltd produced more free cash flow last quarter ($-3.6M vs $-3.9M).

SPAR, originally "DESPAR", styled as "DE SPAR", is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, although the largest number of stores are located in the United Kingdom.

Super.com is a technology company headquartered in San Francisco and co-founded by Hussein Fazal and Henry Shi. The company provides financial services, including reward programs and travel bookings.

SGRP vs SPCB — Head-to-Head

Bigger by revenue
SGRP
SGRP
1.6× larger
SGRP
$22.0M
$14.2M
SPCB
Growing faster (revenue YoY)
SPCB
SPCB
+31.9% gap
SPCB
-1.5%
-33.4%
SGRP
Higher net margin
SPCB
SPCB
111.6% more per $
SPCB
37.5%
-74.1%
SGRP
More free cash flow
SPCB
SPCB
$329.0K more FCF
SPCB
$-3.6M
$-3.9M
SGRP

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
SGRP
SGRP
SPCB
SPCB
Revenue
$22.0M
$14.2M
Net Profit
$-16.3M
$5.3M
Gross Margin
-10.6%
61.2%
Operating Margin
-57.8%
16.3%
Net Margin
-74.1%
37.5%
Revenue YoY
-33.4%
-1.5%
Net Profit YoY
-186.2%
79.5%
EPS (diluted)
$-0.69
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SGRP
SGRP
SPCB
SPCB
Q4 25
$22.0M
Q3 25
$41.4M
Q2 25
$38.6M
$14.2M
Q1 25
$34.0M
Q4 24
$33.0M
Q3 24
$37.8M
Q2 24
$43.4M
$14.4M
Q1 24
$49.4M
Net Profit
SGRP
SGRP
SPCB
SPCB
Q4 25
$-16.3M
Q3 25
$-8.8M
Q2 25
$-1.0K
$5.3M
Q1 25
$462.0K
Q4 24
$-5.7M
Q3 24
$-182.0K
Q2 24
$-3.9M
$3.0M
Q1 24
$6.6M
Gross Margin
SGRP
SGRP
SPCB
SPCB
Q4 25
-10.6%
Q3 25
18.6%
Q2 25
23.5%
61.2%
Q1 25
21.4%
Q4 24
19.6%
Q3 24
22.3%
Q2 24
20.7%
52.3%
Q1 24
19.7%
Operating Margin
SGRP
SGRP
SPCB
SPCB
Q4 25
-57.8%
Q3 25
-14.3%
Q2 25
1.9%
16.3%
Q1 25
3.0%
Q4 24
-16.6%
Q3 24
-4.0%
Q2 24
-2.2%
7.7%
Q1 24
17.6%
Net Margin
SGRP
SGRP
SPCB
SPCB
Q4 25
-74.1%
Q3 25
-21.2%
Q2 25
-0.0%
37.5%
Q1 25
1.4%
Q4 24
-17.3%
Q3 24
-0.5%
Q2 24
-9.0%
20.6%
Q1 24
13.4%
EPS (diluted)
SGRP
SGRP
SPCB
SPCB
Q4 25
$-0.69
Q3 25
$-0.37
Q2 25
$0.00
$1.32
Q1 25
$0.02
Q4 24
$-0.24
Q3 24
$-0.01
Q2 24
$-0.16
$1.19
Q1 24
$0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SGRP
SGRP
SPCB
SPCB
Cash + ST InvestmentsLiquidity on hand
$3.3M
$15.0M
Total DebtLower is stronger
$23.6M
Stockholders' EquityBook value
$622.0K
$37.3M
Total Assets
$44.1M
$65.5M
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SGRP
SGRP
SPCB
SPCB
Q4 25
$3.3M
Q3 25
$8.2M
Q2 25
$13.9M
$15.0M
Q1 25
$17.9M
Q4 24
$18.2M
Q3 24
$19.7M
Q2 24
$21.7M
$5.7M
Q1 24
$16.6M
Total Debt
SGRP
SGRP
SPCB
SPCB
Q4 25
Q3 25
Q2 25
$23.6M
Q1 25
Q4 24
Q3 24
Q2 24
$29.2M
Q1 24
Stockholders' Equity
SGRP
SGRP
SPCB
SPCB
Q4 25
$622.0K
Q3 25
$16.6M
Q2 25
$24.9M
$37.3M
Q1 25
$24.7M
Q4 24
$24.3M
Q3 24
$29.3M
Q2 24
$29.4M
$13.8M
Q1 24
$33.0M
Total Assets
SGRP
SGRP
SPCB
SPCB
Q4 25
$44.1M
Q3 25
$61.7M
Q2 25
$71.6M
$65.5M
Q1 25
$70.2M
Q4 24
$56.4M
Q3 24
$67.4M
Q2 24
$70.0M
$49.6M
Q1 24
$104.5M
Debt / Equity
SGRP
SGRP
SPCB
SPCB
Q4 25
Q3 25
Q2 25
0.63×
Q1 25
Q4 24
Q3 24
Q2 24
2.11×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SGRP
SGRP
SPCB
SPCB
Operating Cash FlowLast quarter
$-2.5M
$-2.2M
Free Cash FlowOCF − Capex
$-3.9M
$-3.6M
FCF MarginFCF / Revenue
-17.8%
-25.3%
Capex IntensityCapex / Revenue
6.6%
10.0%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SGRP
SGRP
SPCB
SPCB
Q4 25
$-2.5M
Q3 25
$-4.1M
Q2 25
$-7.9M
$-2.2M
Q1 25
$-4.0M
Q4 24
$65.0K
Q3 24
$-900.0K
Q2 24
$-445.0K
$-950.0K
Q1 24
$615.0K
Free Cash Flow
SGRP
SGRP
SPCB
SPCB
Q4 25
$-3.9M
Q3 25
$-4.6M
Q2 25
$-8.3M
$-3.6M
Q1 25
$-4.6M
Q4 24
$-166.0K
Q3 24
$-1.0M
Q2 24
$-785.0K
$-1.6M
Q1 24
$184.0K
FCF Margin
SGRP
SGRP
SPCB
SPCB
Q4 25
-17.8%
Q3 25
-11.2%
Q2 25
-21.5%
-25.3%
Q1 25
-13.4%
Q4 24
-0.5%
Q3 24
-2.7%
Q2 24
-1.8%
-10.8%
Q1 24
0.4%
Capex Intensity
SGRP
SGRP
SPCB
SPCB
Q4 25
6.6%
Q3 25
1.4%
Q2 25
1.1%
10.0%
Q1 25
1.5%
Q4 24
0.7%
Q3 24
0.3%
Q2 24
0.8%
4.2%
Q1 24
0.9%
Cash Conversion
SGRP
SGRP
SPCB
SPCB
Q4 25
Q3 25
Q2 25
-0.41×
Q1 25
-8.75×
Q4 24
Q3 24
Q2 24
-0.32×
Q1 24
0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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