SPGC Stock Price, Sacks Parente Golf, Inc Quote, Chart

Market Summary

USD0.46-0.03

Delayedas of 10 May 2024, 12:23 pm

-6.12%

SPGC Stock Price

View Fullscreen

SPGC RSI Chart

SPGC Valuation

Market Cap

7.2M

Price/Earnings (Trailing)

-1.46

Price/Sales (Trailing)

11.74

Price/Free Cashflow

-1.12

SPGC Price/Sales (Trailing)

SPGC Profitability

Return on Equity

-104.37%

Return on Assets

-92.66%

Free Cashflow Yield

-89.26%

SPGC Fundamentals

SPGC Revenue

Revenue (TTM)

609.0K

Rev. Growth (Yr)

288.89%

Rev. Growth (Qtr)

199.15%

SPGC Earnings

Earnings (TTM)

-4.9M

Earnings Growth (Yr)

-30.1%

Earnings Growth (Qtr)

35.13%

Breaking Down SPGC Revenue

52 Week Range

0.47

(Low)(High)

Last 7 days

2.1%

Last 30 days

-17.0%

Last 90 days

-37.2%

How does SPGC drawdown profile look like?

SPGC Financial Health

Current Ratio

9.58

SPGC Investor Care

Shares Dilution (1Y)

35.16%

Diluted EPS (TTM)

-0.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	609.0K	0	0	0
2023	229.8K	269.5K	309.3K	349.0K
2022	0	0	0	190.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Which funds bought or sold SPGC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	NewSquare Capital LLC	sold off	-100	-206	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 18, 2024	MANCHESTER FINANCIAL INC	new	-	25,007	25,007	0.01%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-55,000	-	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	sold off	-100	-14,568	-	-%
Feb 13, 2024	RENAISSANCE TECHNOLOGIES LLC	new	-	11,000	11,000	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	added	0.08	-13,453	19,580	-%
Feb 12, 2024	JPMORGAN CHASE & CO	sold off	-100	-296	-	-%
Feb 09, 2024	UBS Group AG	reduced	-30.44	-6,200	4,344	-%
Feb 09, 2024	WELLS FARGO & COMPANY/MN	new	-	17.00	17.00	-%

Are Funds Buying or Selling SPGC?

Are funds buying SPGC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SPGC

No. of Funds

Recent SEC filings of Sacks Parente Golf, Inc

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	10-Q	Quarterly Report
Apr 04, 2024	8-K	Current Report
Mar 18, 2024	8-K	Current Report
Mar 18, 2024	10-K	Annual Report

Sacks Parente Golf, Inc News

Latest updates

Sacks Parente Golf, Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)								(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2
Revenue	199.1%	350	117	95.00	47.00	90.00	69.00	48.00	44.00
Gross Profit	758.3%	206	24.00	39.00	15.00	44.00	-	21.00	21.00
Operating Expenses	-24.7%	1,461	1,939	1,210	665	941	-	553	1,732
S&GA Expenses	-26.9%	1,271	1,739	1,195	647	916	-	520	1,724
R&D Expenses	-5.0%	190	200	15.00	18.00	25.00	-	33.00	8.00
Interest Expenses	255.0%	62.00	-40.00	26.00	22.00	-20.00	-	16.00	5.00
Net Income	35.1%	-1,193	-1,839	-1,197	-672	-917	-	-548	-2,290
Net Income Margin	39.3%	-8.05*	-13.25*	-11.33*	-13.01*	-15.26*	-18.45*	-	-
Free Cashflow	13.7%	-1,234	-1,430	-3,590	-130	-186	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2022Q4
Assets	-17.3%	5,289	6,394	7,972	703	710
Current Assets	-19.7%	4,683	5,835	7,717	115	331
Cash Equivalents	-23.5%	4,083	5,338	6,768	9.00	147
Inventory	35.5%	336	248	165	95.00	142
Net PPE	16.4%	441	379	208	115	122
Liabilities	-1.8%	593	604	419	3,122	2,172
Current Liabilities	2.9%	489	475	410	3,105	2,166
Shareholder's Equity	-18.9%	4,696	5,790	7,553	-	-1,882
Retained Earnings	-11.6%	-11,510	-10,317	-8,478	-7,281	-5,692
Additional Paid-In Capital	0.6%	16,060	15,961	15,885	4,154	3,702
Shares Outstanding	0%	14,596	14,596	14,596	10,834	10,784

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)								(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2
Cashflow From Operations	7.3%	-1,151	-1,242	-3,492	-127	-186	-	-	-
Cashflow From Investing	44.7%	-104	-188	-98.00	-3.00	-	-	-	-
Cashflow From Financing	-	-	-	10,349	109	45.00	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SPGC Income Statement

2024-03-31

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net Sales	$ 350,000	$ 90,000
Cost of goods sold	144,000	46,000
Gross profit	206,000	44,000
Operating expenses:
Selling, general and administrative expense	1,271,000	916,000
Research and development expense	190,000	25,000
Total operating expenses	1,461,000	941,000
Loss from operations	(1,255,000)	(897,000)
Interest income (expense), net	62,000	(20,000)
Net Loss	$ (1,193,000)	$ (917,000)
Loss per share - basic	$ (0.08)	$ (0.08)
Loss per share - dilued	$ (0.08)	$ (0.08)
Weighted average number of shares outstanding - basic	14,595,870	10,798,834
Weighted average number of shares outstanding - diluted	14,595,870	10,798,834

SPGC Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 4,083,000	$ 5,338,000
Accounts receivable	30,000	53,000
Inventory, net of reserve for obsolescence of $51,000 and $98,000, respectively	336,000	248,000
Prepaid expenses and other current assets	234,000	196,000
Total Current Assets	4,683,000	5,835,000
Property and equipment, net	441,000	379,000
Right-of-use asset, net	58,000	65,000
Software licensing agreement, net	102,000	110,000
Deposits	5,000	5,000
Total Assets	5,289,000	6,394,000
Current Liabilities:
Accounts payable and accrued expenses	404,000	401,000
Lease liability, current	31,000	31,000
Software licensing obligation	54,000	41,000
Customer deposits		2,000
Total Current Liabilities	489,000	475,000
Software licensing fee obligation, net of current	77,000	95,000
Lease liability, net of current	27,000	34,000
Total Liabilities	593,000	604,000
Commitments and Contingencies
Stockholders’ Equity:
Preferred stock $.01 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $.01 par value, 45,000,000 shares authorized, 14,595,870 and 14,595,870, shares issued and outstanding, respectively	146,000	146,000
Additional paid-in-capital	16,060,000	15,961,000
Accumulated deficit	(11,510,000)	(10,317,000)
Total Stockholders’ Equity	4,696,000	5,790,000
Total Liabilities and Stockholders’ Equity	$ 5,289,000	$ 6,394,000

About Sacks Parente Golf, Inc

Sacks Parente Golf, Inc. develops, designs, assembles, manufactures, and sells golf products. Its product portfolio includes putting instruments, golf shafts, golf grips, and other golf-related products under the SPG brand name. The company sells its products through resellers, distributors, and e-commerce channels in the Americas, Asia, Latin America, and Europe. Sacks Parente Golf, Inc. was formerly known as Sacks Parente Golf Company, LLC and changed its name to Sacks Parente Golf, Inc. in March, 2022. The company was incorporated in 2018 and is based in Camarillo, California. Sacks Parente Golf, Inc. operates as a subsidiary of Nippon Xport Ventures, Inc.

CEO	Mr. Timothy L. Triplett
WEBSITE	sacksparente.com
INDUSTRY	Leisure
EMPLOYEES	7

Sacks Parente Golf, Inc Frequently Asked Questions

What is the ticker symbol for Sacks Parente Golf, Inc? What does SPGC stand for in stocks?

SPGC is the stock ticker symbol of Sacks Parente Golf, Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sacks Parente Golf, Inc (SPGC)?

As of Thu May 09 2024, market cap of Sacks Parente Golf, Inc is 7.15 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SPGC stock?

You can check SPGC's fair value in chart for subscribers.

What is the fair value of SPGC stock?

You can check SPGC's fair value in chart for subscribers. The fair value of Sacks Parente Golf, Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sacks Parente Golf, Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SPGC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sacks Parente Golf, Inc a good stock to buy?

The fair value guage provides a quick view whether SPGC is over valued or under valued. Whether Sacks Parente Golf, Inc is cheap or expensive depends on the assumptions which impact Sacks Parente Golf, Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SPGC.

What is Sacks Parente Golf, Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, SPGC's PE ratio (Price to Earnings) is -1.46 and Price to Sales (PS) ratio is 11.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SPGC PE ratio will change depending on the future growth rate expectations of investors.