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SPRO Quote, Financials, Valuation and Earnings

Last price:
$2.49
Seasonality move :
12.43%
Day range:
$2.45 - $2.52
52-week range:
$0.51 - $3.22
Dividend yield:
0%
P/E ratio:
10.75x
P/S ratio:
4.76x
P/B ratio:
4.08x
Volume:
867.4K
Avg. volume:
1.5M
1-year change:
64.67%
Market cap:
$138.1M
Revenue:
$27.4M
EPS (TTM):
-$1.28
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $258K $3.1M $48.6M $96.7M $27.4M
Revenue Growth (YoY) -94.56% 1089.92% 1482.38% 99.13% -71.68%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $67M $64.5M $47.6M $51.4M $96.8M
Selling, General & Admin $21.4M $41.7M $36.5M $25.6M $23.7M
Other Inc / (Exp) $432K -$191K -$14.3M -$5.3M -$817K
Operating Expenses $79.4M $91M $79.1M $69.9M $99.9M
Operating Income -$79.1M -$88M -$30.6M $26.8M -$72.5M
 
Net Interest Expenses -- $1.6M $1.5M -- --
EBT. Incl. Unusual Items -$78.3M -$89.8M -$46.4M $25.4M -$68.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- $2.6M --
Net Income to Company -$78.3M -$89.8M -$46.4M $22.8M -$68.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$78.3M -$89.8M -$46.4M $22.8M -$68.6M
 
Basic EPS (Cont. Ops) -$3.52 -$2.91 -$1.23 $0.43 -$1.27
Diluted EPS (Cont. Ops) -$3.52 -$2.91 -$1.23 $0.43 -$1.27
Weighted Average Basic Share $22.4M $30.9M $37.6M $52.7M $54M
Weighted Average Diluted Share $22.4M $30.9M $37.6M $53M $54M
 
EBITDA -$77.5M -$87.2M -$42.9M $27.2M -$72.5M
EBIT -$78.3M -$87.8M -$43.8M $26.8M -$72.5M
 
Revenue (Reported) $258K $3.1M $48.6M $96.7M $27.4M
Operating Income (Reported) -$79.1M -$88M -$30.6M $26.8M -$72.5M
Operating Income (Adjusted) -$78.3M -$87.8M -$43.8M $26.8M -$72.5M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $247K $740K $4.2M $5.1M
Revenue Growth (YoY) -- -- 199.6% 468.11% 21.58%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $18.4M $17M $9M $17.3M $13.6M
Selling, General & Admin $8.3M $15.3M $7.3M $5.9M $6.8M
Other Inc / (Exp) -$118K -$206K -$2K -$14K -$174K
Operating Expenses $19.4M $30.5M $15M $18.2M $19.7M
Operating Income -$19.4M -$30.2M -$14.2M -$14M -$14.6M
 
Net Interest Expenses -- $2.4M -- -- --
EBT. Incl. Unusual Items -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
 
Basic EPS (Cont. Ops) -$0.66 -$1.01 -$0.25 -$0.24 -$0.25
Diluted EPS (Cont. Ops) -$0.66 -$1.01 -$0.25 -$0.24 -$0.25
Weighted Average Basic Share $29.4M $32.6M $52.5M $53.5M $55.4M
Weighted Average Diluted Share $29.4M $32.6M $52.5M $53.5M $55.4M
 
EBITDA -$19.3M -$30.2M -$14.1M -$14M -$14.6M
EBIT -$19.4M -$30.3M -$14.2M -$14M -$14.6M
 
Revenue (Reported) -- $247K $740K $4.2M $5.1M
Operating Income (Reported) -$19.4M -$30.2M -$14.2M -$14M -$14.6M
Operating Income (Adjusted) -$19.4M -$30.3M -$14.2M -$14M -$14.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $3.3M $49.1M $100.2M $28.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $65M $63.1M $39.6M $59.8M $93M
Selling, General & Admin $25.7M $48.7M $28.5M $24.2M $24.6M
Other Inc / (Exp) $988K -$279K -$14.1M -$5.3M -$977K
Operating Expenses $74.3M $102.1M $63.7M $73.2M $101.4M
Operating Income -$75.7M -$98.8M -$14.6M $27M -$73.1M
 
Net Interest Expenses -- $4.1M -- -- --
EBT. Incl. Unusual Items -$74.4M -$103.2M -$26.9M $26M -$69.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$74.4M -$103.2M -$26.9M $23.4M -$69.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$74.4M -$103.2M -$26.9M $23.4M -$69.8M
 
Basic EPS (Cont. Ops) -$3.05 -$3.26 -$0.90 $0.44 -$1.28
Diluted EPS (Cont. Ops) -$3.05 -$3.26 -$0.90 $0.44 -$1.28
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$74.2M -$98.1M -$26.9M $27.3M -$73.1M
EBIT -$74.9M -$98.7M -$27.7M $27M -$73.1M
 
Revenue (Reported) -- $3.3M $49.1M $100.2M $28.3M
Operating Income (Reported) -$75.7M -$98.8M -$14.6M $27M -$73.1M
Operating Income (Adjusted) -$74.9M -$98.7M -$27.7M $27M -$73.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $247K $740K $4.2M $5.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $18.4M $17M $9M $17.3M $13.6M
Selling, General & Admin $8.3M $15.3M $7.3M $5.9M $6.8M
Other Inc / (Exp) -$118K -$206K -$2K -$14K -$174K
Operating Expenses $19.4M $30.5M $15M $18.2M $19.7M
Operating Income -$19.4M -$30.2M -$14.2M -$14M -$14.6M
 
Net Interest Expenses -- $2.4M -- -- --
EBT. Incl. Unusual Items -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
 
Basic EPS (Cont. Ops) -$0.66 -$1.01 -$0.25 -$0.24 -$0.25
Diluted EPS (Cont. Ops) -$0.66 -$1.01 -$0.25 -$0.24 -$0.25
Weighted Average Basic Share $29.4M $32.6M $52.5M $53.5M $55.4M
Weighted Average Diluted Share $29.4M $32.6M $52.5M $53.5M $55.4M
 
EBITDA -$19.3M -$30.2M -$14.1M -$14M -$14.6M
EBIT -$19.4M -$30.3M -$14.2M -$14M -$14.6M
 
Revenue (Reported) -- $247K $740K $4.2M $5.1M
Operating Income (Reported) -$19.4M -$30.2M -$14.2M -$14M -$14.6M
Operating Income (Adjusted) -$19.4M -$30.3M -$14.2M -$14M -$14.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $85.2M $112.6M $109.1M $76.3M $52.9M
Short Term Investments $41.7M $33.8M -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $6.1M $8.8M $3.4M $4.2M $1.9M
Total Current Assets $139.1M $157.9M $113.6M $131.2M $107.3M
 
Property Plant And Equipment $8.8M $7.6M $5.5M $4.2M $3.1M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $5.2M $5.6M $5.7M $435K $153K
Total Assets $153.5M $171.1M $124.8M $182.4M $110.5M
 
Accounts Payable $1.2M $1.1M $617K $1.4M $7.3M
Accrued Expenses $12.2M $14.4M $9M $6.6M $17.7M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $947K $1.4M $1.7M $1.7M $1.7M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $14.3M $18.7M $21.6M $37.2M $49.1M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $21.4M $82.8M $48.9M $75.5M $64.4M
 
Common Stock $32K $35K $52K $53K $55K
Other Common Equity Adj -- -$2K -- -- --
Common Equity $132M $88.3M $75.9M $106.9M $46.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $132M $88.3M $75.9M $106.9M $46.1M
 
Total Liabilities and Equity $153.5M $171.1M $124.8M $182.4M $110.5M
Cash and Short Terms $126.9M $146.4M $109.1M $76.3M $52.9M
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $77M $72.1M $96.3M $82.3M $48.9M
Short Term Investments $38.6M $49.9M -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $5.2M $8.7M $3.5M $3.7M $1.5M
Total Current Assets $129.5M $132.7M $101.7M $140.2M $74.7M
 
Property Plant And Equipment $8.4M $7.2M $5.1M $3.9M $2.8M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $5.2M $5.9M $5.7M $434K $153K
Total Assets $143.4M $145.8M $112.5M $167.7M $77.7M
 
Accounts Payable $3.8M $4.8M $583K $3.1M $1.8M
Accrued Expenses $13M $9.1M $8.9M $5.4M $8.2M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $980K $1.4M $1.7M $1.7M $1.8M
Other Current Liabilities -- $51.9M -- -- --
Total Current Liabilities $17.8M $69.2M $23M $41.8M $29.2M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $24.6M $83.4M $47.7M $71.5M $43.9M
 
Common Stock $33K $36K $53K $54K $56K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $118.8M $62.5M $64.8M $96.2M $33.8M
 
Total Liabilities and Equity $143.4M $145.8M $112.5M $167.7M $77.7M
Cash and Short Terms $115.7M $122M $96.3M $82.3M $48.9M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$78.3M -$89.8M -$46.4M $22.8M -$68.6M
Depreciation & Amoritzation $761K $646K $869K $367K $2K
Stock-Based Compensation $4.9M $9.4M $9.1M $7.9M $7.8M
Change in Accounts Receivable $2.2M $3.8M $1.5M -$461K -$1.5M
Change in Inventories -- -- -- -- --
Cash From Operations -$85.9M -$64.3M -$7.7M -$33M -$23.4M
 
Capital Expenditures $157K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $10.5M $7.7M $33.8M -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$953K $47.2M -$54.5M -- --
Cash From Financing $130.9M $84.1M -$29.6M $221K --
 
Beginning Cash (CF) $29.7M $85.2M $112.6M $109.1M $76.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $55.5M $27.4M -$3.5M -$32.8M -$23.4M
Ending Cash (CF) $85.2M $112.6M $109.1M $76.3M $52.9M
 
Levered Free Cash Flow -$86M -$64.3M -$7.7M -$33M -$23.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
Depreciation & Amoritzation $159K $189K $113K -- --
Stock-Based Compensation $2M $3.2M $2.2M $2M $1.6M
Change in Accounts Receivable -$2.4M $661K -$781K -$3.5M $2.4M
Change in Inventories -- -- -- -- --
Cash From Operations -$15.5M -$28.2M -$12.9M $5.9M -$4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $3M -$16.1M -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$37K -- -- -- --
Cash From Financing $4.3M $3.8M -- -- --
 
Beginning Cash (CF) $85.2M $112.6M $109.1M $76.3M $52.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$8.2M -$40.5M -$12.9M $5.9M -$4M
Ending Cash (CF) $77M $72.1M $96.3M $82.3M $48.9M
 
Levered Free Cash Flow -$15.5M -$28.2M -$12.9M $5.9M -$4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$74.4M -$103.2M -$26.9M $23.4M -$69.8M
Depreciation & Amoritzation $731K $676K $793K $254K --
Stock-Based Compensation $5.8M $10.6M $8.1M $7.8M $7.3M
Change in Accounts Receivable -$5.1M $6.9M $105K -$3.2M $4.3M
Change in Inventories -- -- -- -- --
Cash From Operations -$78M -$77.1M $7.6M -$14.2M -$33.4M
 
Capital Expenditures $78K -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$14.3M -$11.4M -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$638K -- -- -- --
Cash From Financing $105M $83.6M -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $12.7M -$4.9M $24.1M -$14M -$33.4M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$78M -$77.1M $7.6M -$14.2M -$33.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$19.4M -$32.8M -$13.3M -$12.7M -$13.9M
Depreciation & Amoritzation $159K $189K $113K -- --
Stock-Based Compensation $2M $3.2M $2.2M $2M $1.6M
Change in Accounts Receivable -$2.4M $661K -$781K -$3.5M $2.4M
Change in Inventories -- -- -- -- --
Cash From Operations -$15.5M -$28.2M -$12.9M $5.9M -$4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $3M -$16.1M -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$37K -- -- -- --
Cash From Financing $4.3M $3.8M -- -- --
 
Beginning Cash (CF) $85.2M $112.6M $109.1M $76.3M $52.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$8.2M -$40.5M -$12.9M $5.9M -$4M
Ending Cash (CF) $77M $72.1M $96.3M $82.3M $48.9M
 
Levered Free Cash Flow -$15.5M -$28.2M -$12.9M $5.9M -$4M

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