Income Statement Sparc AI Inc. Deutsche Boerse AG

Stocks

5OV0

CA8465011044

Software

Market Closed - Deutsche Boerse AG 15:55:02 2026-10-02 EDT			5-day change	1st Jan Change
1.550 ^EUR	-4.32%		-13.41%	+260.47%

09-10	SPARC AI Inc. Launches Overwatch Patrol Dismounted Positioning Application at MSPO in Poland	CI
09-01	SPARC AI Inc. Completes Flight Tests Of Overwatch Positioning Network With Blindfolded Drone Camera	CI

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Published financial data: SPARC AI INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Revenues	502K	459K	201K	-	-
Total Revenues	502K	459K	201K	-	-
Cost of Goods Sold, Total	523K	420K	135K	-	-
Gross Profit	-21.52K	39.08K	66.42K	-	-
Selling General & Admin Expenses, Total	1.46M	1.23M	519K	139K	671K
Stock-Based Compensation (IS)	75.34K	190K	123K	100K	84.78K
R&D Expenses	-377K	-378K	-119K	66.4K	568K
Depreciation & Amortization - (IS)	98.71K	84.66K	44.17K	10.1K	13.42K
Other Operating Expenses, Total	1.25M	1.13M	567K	316K	1.34M
Operating Income	-1.27M	-1.09M	-501K	-316K	-1.34M
Interest Expense, Total	-59.85K	-42.94K	-28.24K	-	-
Net Interest Expenses	-59.85K	-42.94K	-28.24K	-	-
Other Non Operating Income (Expenses)	-4.08K	5.01K	-135K	-	-
EBT, Excl. Unusual Items	-1.34M	-1.13M	-664K	-316K	-1.34M
Gain (Loss) On Sale Of Investments	-	-	3.63M	-	-
Gain (Loss) On Sale Of Assets	-	26.71K	-	-	-
Other Unusual Items	-34.44K	-	-	-	-
EBT, Incl. Unusual Items	-1.37M	-1.1M	2.97M	-316K	-1.34M
Income Tax Expense	-	-6.82K	-	-	-
Earnings From Continuing Operations	-1.37M	-1.09M	2.97M	-316K	-1.34M
Net Income to Company	-1.37M	-1.09M	2.97M	-316K	-1.34M
Net Income - (IS)	-1.37M	-1.09M	2.97M	-316K	-1.34M
Net Income to Common Incl Extra Items	-1.37M	-1.09M	2.97M	-316K	-1.34M
Net Income to Common Excl. Extra Items	-1.37M	-1.09M	2.97M	-316K	-1.34M
Per Share Items
Net EPS - Basic	-0.05	-0.04	0.16	-0.02	-0.08
Basic EPS - Continuing Operations	-0.05	-0.04	0.16	-0.02	-0.08
Basic Weighted Average Shares Outstanding	26.44M	27.7M	18.73M	12.83M	16.09M
Net EPS - Diluted	-0.05	-0.04	0.16	-0.02	-0.08
Diluted EPS - Continuing Operations	-0.05	-0.04	0.16	-0.02	-0.08
Diluted Weighted Average Shares Outstanding	26.44M	27.7M	18.73M	12.83M	16.09M
Normalized Basic EPS	-0.03	-0.03	-0.02	-0.02	-0.05
Normalized Diluted EPS	-0.03	-0.03	-0.02	-0.02	-0.05
Supplemental Items
EBITDA	-1.26M	-1.08M	-494K	-306K	-1.32M
EBITA	-1.27M	-1.08M	-496K	-311K	-1.33M
EBIT	-1.27M	-1.09M	-501K	-316K	-1.34M
Effective Tax Rate - (Ratio)	-	0.62	-	-	-
Normalized Net Income	-836K	-705K	-415K	-197K	-836K
Supplemental Operating Expense Items
Marketing Expenses	59.31K	57.72K	-	-	-
Selling and Marketing Expenses	59.31K	57.72K	-	-	-
General and Administrative Expenses	700K	505K	278K	139K	663K
Research And Development Expense From Footnotes	-377K	-378K	-119K	66.4K	568K
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	75.34K	190K	123K	100K	84.78K
Total Stock-Based Compensation	75.34K	190K	123K	100K	84.78K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	355K	147K	123K	8.13K	1.16M
Total Cash And Short Term Investments	355K	147K	123K	8.13K	1.16M
Accounts Receivable, Total	48.92K	1.01K	7.1K	-	1.66K
Other Receivables	421K	376K	-	18.93K	45.53K
Total Receivables	470K	377K	7.1K	18.93K	47.19K
Prepaid Expenses	-	130	-	-	30.84K
Total Current Assets	825K	524K	130K	27.06K	1.24M
Net Property Plant And Equipment	265K	163K	-	18.52K	11.61K
Other Intangibles, Total	41.33K	35.35K	26.85K	21.43K	16.01K
Other Long-Term Assets, Total	29.38K	29.51K	-	-	-
Total Assets	1.16M	752K	157K	67K	1.27M
Liabilities
Accounts Payable, Total	12.88K	367K	63.58K	38.88K	77.31K
Accrued Expenses, Total	113K	73.54K	-	-	-
Short-term Borrowings	-	272K	-	64.92K	-
Current Portion of Leases	70.18K	78.5K	-	-	-
Unearned Revenue Current, Total	308K	334K	-	-	-
Other Current Liabilities	141K	32.82K	-	-	-
Total Current Liabilities	645K	1.16M	63.58K	104K	77.31K
Long-Term Debt	-	-	-	-	-
Long-Term Leases	172K	94.42K	-	-	-
Pension & Other Post Retirement Benefits	3.02K	5.85K	-	-	-
Total Liabilities	820K	1.26M	63.58K	104K	77.31K
Common Stock, Total	5.29M	5.78M	2.25M	2.37M	4.75M
Additional Paid In Capital	114K	161K	123K	178K	366K
Retained Earnings	-5.41M	-6.4M	-2.28M	-2.59M	-3.9M
Comprehensive Income and Other	340K	-51.04K	-	2.08K	-15.82K
Total Common Equity	340K	-506K	93.02K	-36.8K	1.19M
Total Equity	340K	-506K	93.02K	-36.8K	1.19M
Total Liabilities And Equity	1.16M	752K	157K	67K	1.27M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.56M	28.05M	12.48M	13.04M	21.65M
ECS Total Common Shares Outstanding	27.56M	28.05M	12.48M	13.04M	21.65M
Book Value / Share	0.01	-0.02	0.01	-0	0.06
Tangible Book Value	299K	-541K	66.16K	-58.23K	1.18M
Tangible Book Value Per Share	0.01	-0.02	0.01	-0	0.05
Total Debt	242K	445K	0	64.92K	0
Net Debt	-113K	298K	-123K	56.78K	-1.16M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	-	3	3	3	3

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-1.37M	-1.09M	2.97M	-316K	-1.34M
Depreciation & Amortization - CF	93.34K	79.21K	38.72K	4.68K	8K
Amortization of Goodwill and Intangible Assets - (CF)	5.38K	5.45K	5.45K	5.42K	5.42K
Depreciation & Amortization, Total	98.71K	84.66K	44.17K	10.1K	13.42K
(Gain) Loss From Sale Of Asset	-	-26.71K	-3.63M	-	-
Stock-Based Compensation (CF)	75.34K	190K	123K	100K	84.78K
Other Operating Activities, Total	59.77K	8.34K	97.46K	-	-
Change In Accounts Receivable	35.92K	46.03K	-45.79K	-11.83K	-28.26K
Change In Accounts Payable	1.23K	234K	-52.06K	-24.7K	38.43K
Change in Unearned Revenues	-	25.31K	-39.43K	-	-
Change In Income Taxes	37.93K	-	-	-	-
Change in Other Net Operating Assets	-233K	15.92K	344K	-	-30.84K
Cash from Operations	-1.3M	-517K	-193K	-242K	-1.26M
Capital Expenditure	-10.32K	-	-	-23.2K	-1.09K
Sale of Property, Plant, and Equipment	-	49.28K	-	-	-
Divestitures	-	-	-15.38K	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Cash from Investing	-10.32K	49.28K	-15.38K	-23.2K	-1.09K
Short Term Debt Issued, Total	-	69.04K	-	64.92K	-
Long-Term Debt Issued, Total	-	225K	-	-	-
Total Debt Issued	-	294K	-	64.92K	-
Short Term Debt Repaid, Total	-	-	-	-	-64.92K
Long-Term Debt Repaid, Total	-923K	-82.21K	-42.83K	-	-
Total Debt Repaid	-923K	-82.21K	-42.83K	-	-64.92K
Issuance of Common Stock	2.03M	49K	237K	84K	2.5M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	1.11M	261K	194K	149K	2.43M
Foreign Exchange Rate Adjustments	-101K	-1.23K	-10.23K	2.08K	-17.9K
Net Change in Cash	-300K	-208K	-24.33K	-115K	1.16M
Supplemental Items
Cash Interest Paid	-	29.99K	-	-	-
Levered Free Cash Flow	-854K	-109K	-537K	-147K	-759K
Unlevered Free Cash Flow	-817K	-82.36K	-520K	-147K	-759K
Change In Net Working Capital	184K	-324K	373K	36.53K	20.68K
Net Debt Issued / Repaid	-923K	212K	-42.83K	64.92K	-64.92K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-68.56	-71.24	-68.92	-176.63	-125.02
Return on Total Capital	-143.16	-261.36	-1.95K	-326.04	-136.92
Return On Equity %	143K	1.32K	-1.44K	-1.12K	-231.38
Return on Common Equity	143K	1.32K	-1.44K	-1.12K	-231.38
Margin Analysis
Gross Profit Margin %	-4.29	8.52	33.01	-	-
SG&A Margin	290.04	268.81	258.15	-	-
EBITDA Margin %	-250.79	-235.34	-245.74	-	-
EBITA Margin %	-252.86	-236.45	-246.27	-	-
EBIT Margin %	-253.93	-237.64	-248.98	-	-
Income From Continuing Operations Margin %	-273.53	-238.6	1.47K	-	-
Net Income Margin %	-273.53	-238.6	1.47K	-	-
Net Avail. For Common Margin %	-273.53	-238.6	1.47K	-	-
Normalized Net Income Margin	-166.67	-153.7	-206.32	-	-
Levered Free Cash Flow Margin	-170.18	-23.81	-267	-	-
Unlevered Free Cash Flow Margin	-162.73	-17.96	-258.22	-	-
Asset Turnover
Asset Turnover	0.43	0.48	0.44	-	-
Fixed Assets Turnover	3.2	2.14	-	-	-
Receivables Turnover (Average Receivables)	12.52	18.37	49.68	-	-
Short Term Liquidity
Current Ratio	1.28	0.45	2.04	0.26	16.07
Quick Ratio	1.28	0.45	2.04	0.26	15.67
Operating Cash Flow to Current Liabilities	-2.01	-0.45	-3.03	-2.33	-16.29
Days Sales Outstanding (Average Receivables)	29.15	19.87	7.35	-	-
Average Days Payable Outstanding	20.58	165.11	582.6	-	-
Long Term Solvency
Total Debt/Equity	71.06	-87.98	-	-176.42	-
Total Debt / Total Capital	41.54	-731.79	-	230.86	-
LT Debt/Equity	50.43	-18.66	-	-	-
Long-Term Debt / Total Capital	29.48	-155.17	-	-	-
Total Liabilities / Total Assets	70.67	167.3	40.6	154.92	6.09
EBIT / Interest Expense	-21.29	-25.38	-17.74	-	-
EBITDA / Interest Expense	-19.64	-23.41	-16.17	-	-
(EBITDA - Capex) / Interest Expense	-19.81	-23.41	-16.17	-	-
Total Debt / EBITDA	-0.21	-0.44	-	-0.21	-
Net Debt / EBITDA	0.1	-0.3	0.27	-0.19	0.88
Total Debt / (EBITDA - Capex)	-0.2	-0.44	-	-0.2	-
Net Debt / (EBITDA - Capex)	0.1	-0.3	0.27	-0.17	0.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	112.4	-8.6	-56.13	-	-
Gross Profit, 1 Yr. Growth %	-145.98	-281.55	69.97	-	-
EBITDA, 1 Yr. Growth %	90.69	-14.23	-54.19	-38.14	332.72
EBITA, 1 Yr. Growth %	87.09	-14.53	-54.31	-37.33	328.77
EBIT, 1 Yr. Growth %	86.02	-14.46	-54.04	-36.93	323.13
Earnings From Cont. Operations, 1 Yr. Growth %	55.29	-20.27	-371.15	-110.65	323.13
Net Income, 1 Yr. Growth %	55.29	-20.27	-371.15	-110.65	323.13
Normalized Net Income, 1 Yr. Growth %	84.64	-17.83	-41.11	-52.43	323.13
Diluted EPS Before Extra, 1 Yr. Growth %	15.87	-22.93	-495.96	-115.54	237.46
Accounts Receivable, 1 Yr. Growth %	56.73	-97.94	605.27	-	0
Net Property, Plant and Equip., 1 Yr. Growth %	445.71	-38.5	-	-	-37.29
Total Assets, 1 Yr. Growth %	-0.19	-35.19	-79.18	-57.21	1.8K
Tangible Book Value, 1 Yr. Growth %	-176.11	-281.11	-112.22	-188.01	-2.12K
Common Equity, 1 Yr. Growth %	-199.44	-248.73	-118.38	-139.56	-3.34K
Cash From Operations, 1 Yr. Growth %	80.57	-60.14	-62.68	25.63	419.73
Capital Expenditures, 1 Yr. Growth %	238.82	-	-	-	-95.28
Levered Free Cash Flow, 1 Yr. Growth %	435.69	-87.21	391.95	-72.63	416.33
Unlevered Free Cash Flow, 1 Yr. Growth %	525.59	-89.91	530.84	-71.7	416.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	38.81	39.33	-36.68	-	-
Gross Profit, 2 Yr. CAGR %	-68.01	-8.63	75.67	-	-
EBITDA, 2 Yr. CAGR %	412.01	27.89	-37.32	-46.77	63.61
EBITA, 2 Yr. CAGR %	385.12	26.45	-37.51	-46.49	63.93
EBIT, 2 Yr. CAGR %	377.67	26.14	-37.3	-46.16	63.36
Earnings From Cont. Operations, 2 Yr. CAGR %	95.01	11.27	47.03	-46.26	-32.87
Net Income, 2 Yr. CAGR %	95.01	11.27	47.03	-46.26	-32.87
Normalized Net Income, 2 Yr. CAGR %	398.35	24.75	-30.43	-47.07	41.88
Diluted EPS Before Extra, 2 Yr. CAGR %	46.49	-5.5	74.69	-21.55	-27.58
Accounts Receivable, 2 Yr. CAGR %	-	-82.05	-61.92	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	25.68	83.19	-	-66.29	-
Total Assets, 2 Yr. CAGR %	21.3	-19.57	-63.26	-70.15	184.75
Tangible Book Value, 2 Yr. CAGR %	-38.74	17.41	-52.96	-67.21	321.67
Common Equity, 2 Yr. CAGR %	-32.59	21.61	-47.72	-73.04	258.04
Cash From Operations, 2 Yr. CAGR %	106.65	-15.16	-61.43	-31.53	155.52
Levered Free Cash Flow, 2 Yr. CAGR %	195.44	-17.23	-20.68	16.04	18.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	188.9	-20.56	-20.23	33.61	20.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	20.76	-5.21	-	-
Gross Profit, 3 Yr. CAGR %	-	-42.94	12.37	-	-
EBITDA, 3 Yr. CAGR %	-	182.25	-9.18	-37.59	7.04
EBITA, 3 Yr. CAGR %	378.02	171.96	-9.93	-37.45	7.08
EBIT, 3 Yr. CAGR %	378.69	169.24	-9.9	-37.17	7.05
Earnings From Cont. Operations, 3 Yr. CAGR %	390.7	44.74	49.73	-38.71	6.9
Net Income, 3 Yr. CAGR %	390.7	44.74	49.73	-38.71	6.9
Normalized Net Income, 3 Yr. CAGR %	386.56	175.6	-2.86	-38.71	5.83
Diluted EPS Before Extra, 3 Yr. CAGR %	-	18.26	52.35	-22.01	27.59
Accounts Receivable, 3 Yr. CAGR %	-	-	-38.97	-	18.22
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-0.97	-	-58.81	-58.54
Total Assets, 3 Yr. CAGR %	676.02	-1.57	-48.74	-61.35	19.08
Tangible Book Value, 3 Yr. CAGR %	368.74	-12.08	-44.77	-42.04	29.52
Common Equity, 3 Yr. CAGR %	389.41	-12.25	-35.22	-52.36	33.06
Cash From Operations, 3 Yr. CAGR %	6.77K	19.4	-35.48	-42.83	34.57
Capital Expenditures, 3 Yr. CAGR %	-	-	-	31	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	3.73	49.93	-44.37	90.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-5.58	58.48	-43.53	109.67
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	44.83	14.93
EBITA, 5 Yr. CAGR %	-	-	111.83	41.94	14.45
EBIT, 5 Yr. CAGR %	-	-	112.3	41.43	14.31
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	203.01	-2.62	8.63
Net Income, 5 Yr. CAGR %	-	-	203.01	-2.62	8.63
Normalized Net Income, 5 Yr. CAGR %	-	-	124.62	42.45	13.03
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	0.36	13.15
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-44.38
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-35.65	-24.88
Total Assets, 5 Yr. CAGR %	-	-	129.07	-38.93	1.78
Tangible Book Value, 5 Yr. CAGR %	-	-	86.88	-40.74	24.53
Common Equity, 5 Yr. CAGR %	-	-	100.05	-45.26	28.36
Cash From Operations, 5 Yr. CAGR %	-	-	764.27	-4.41	11.89
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-18.51
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	8.49	36.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	8.49	42.21