Explore 3 Stock Ideas & Industry Insights Download Free Report

Company price
2.04 CAD 0.02 ( 0.99%)
Last update at 2026-11-03T20:19:00Z
VOLUME
27132
Market Cap
91.82M

Momentum Score

…

Sparc Al Inc., a defence technology company, engages in developing GPS-denied navigation and target acquisition solutions for autonomous and dismounted operation. Its AI-powered platform transforms the inertial sensors already inside commercial drones into precision instruments without additional hardware, external signals, or complex integration. The company was formerly known as EYEFI Group Technologies Inc. and changed its name to Sparc Al Inc. in August 2023. Sparc Al Inc. was incorporated in 2018 and is headquartered in Melbourne, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.90
Low
2.08
High
52 Week Price Range
0.20
Low
4.65
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Publicly available information on Sparc Al Inc. (SPAI.CN) is limited; it appears to be an early-stage developer of artificial intelligence software and services. Long-term growth drivers could include expanding enterprise demand for AI-driven solutions and successful commercialisation of any offerings. Investors may find exposure to AI sector dynamics and potential upside attractive while noting the company's small scale and development stage.
Key risks include execution and commercialization challenges typical of early-stage technology firms, potential need for additional financing, and likely low liquidity and high share-price volatility.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.02
Dividend Yield
-
Revenue TTM
0.01M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-482.80%
Net Debt
-
ROCE
858.85%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.32M 2.97M -1.10M -1.37M
Net income -0.32M 2.97M -1.09M -1.37M
Selling general administrative 0.24M 0.78M 1.42M 1.53M
Gross profit 0.00M 0.07M 0.04M -0.02M
Reconciled depreciation - - - 0.10M
Operating income -0.32M 2.85M -1.10M -1.27M
Interest expense 0.00M 0.03M 0.04M 0.06M
Tax provision - 0.00M -0.01M 0.00M
Net interest income - - - -0.10M
Total revenue 0.00M 0.20M 0.46M 0.50M
Total operating expenses - - - 1.78M
Cost of revenue 0.00M 0.13M 0.42M 0.52M
Total other income expense net - - - 0.01M
Net income from continuing ops - - - -1.37M
Net income applicable to common shares -0.32M 2.97M -1.09M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 0.07M 0.16M 0.75M 1.16M
Intangible assets 0.02M 0.03M 0.04M 0.04M
Total liab 0.10M 0.06M 1.26M 0.82M
Total stockholder equity -0.04M 0.09M -0.51M 0.34M
Common stock 2.37M 2.25M 5.78M -
Capital stock - - - 5.29M
Retained earnings -2.59M -2.28M -6.40M -5.41M
Other assets - - 0.03M -
Cash 0.01M - - 0.35M
Cash and equivalents - 0.12M 0.15M -
Total current liabilities 0.10M 0.06M 1.16M 0.65M
Short term debt 0.06M 0.00M 0.27M -
Other stockholder equity 0.00M - -0.05M -
Property plant equipment 0.02M 0.00M 0.16M -
Total current assets 0.03M 0.13M 0.52M 0.82M
Long term investments - - - 0.03M
Net receivables 0.02M 0.01M 0.00M 0.05M
Long term debt - 0.00M - -
Accounts payable - - - 0.01M
Non current assets total - - - 0.34M
Capital lease obligations - - - 0.24M
Long term debt total 0.00M 0.00M 0.09M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total cashflows from investing activities - - - -0.01M -0.01M
Net borrowings 0.06M -0.04M 0.21M - -
Total cash from financing activities 0.15M 0.19M 0.26M 1.11M 1.29M
Net income -0.32M 2.97M -1.09M - -
Change in cash -0.12M -0.01M -0.21M -0.30M 0.54M
Begin period cash flow 0.12M 0.15M 0.35M - -
End period cash flow 0.01M 0.12M 0.15M - -
Total cash from operating activities -0.24M -0.19M -0.52M -1.30M -0.72M
Issuance of capital stock 0.00M 0.24M 0.00M - -
Depreciation 0.01M 0.04M 0.08M - -
Change to account receivables - -0.05M 0.05M - -
Sale purchase of stock - - - 0.01M 0.43M
Other cashflows from financing activities - - - 2.02M 0.02M
Capital expenditures 0.02M 0.00M 0.00M 0.01M 0.01M
Change in working capital -0.04M 0.21M 0.32M -1.30M -0.72M
Stock based compensation 0.10M 0.12M 0.19M - -
Other non cash items - 0.03M 0.02M - -
Free cash flow -0.27M -0.19M -0.52M - -

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SPAI
Sparc Al Inc
0.02
0.99%
2.04 - - 1031.63 303.24 628.38 1.07
URL
NameSilo Technologies Corp
-0.01
0.65%
1.52 93.00 9.45 2.56 30.11 2.54 35.93
NTAR
Nextech3D.AI Corporation
-0.01
8.33%
0.06 - - 17.49 4.03 10.69 -2.29
SKUR
Sekur Private Data Ltd. (formerly was SWIS/GlobeX Data Ltd. until 2022-04-13)
-0.01
14.29%
0.03 - - 38.12 10.89 30.15 -1.11
CLTE
Clara Technologies Corp.
0.04
30.00%
0.20 - - 20536.66 3.01 19631.84 -

Profile*

Sparc Al Inc

Sparc Al Inc., a defence technology company, engages in developing GPS-denied navigation and target acquisition solutions for autonomous and dismounted operation. Its AI-powered platform transforms the inertial sensors already inside commercial drones into precision instruments without additional hardware, external signals, or complex integration. The company was formerly known as EYEFI Group Technologies Inc. and changed its name to Sparc Al Inc. in August 2023. Sparc Al Inc. was incorporated in 2018 and is headquartered in Melbourne, Australia.

90 Collins Street, Melbourne, VIC, Australia, 3000

Name Title Year Born
Mr. Anoosh Manzoori B.Sc. CEO & Non-Executive Chairman NA
Ms. Kartika Saran C.A., CPA Chief Financial Officer NA
Mr. Matthew McCrann Chief Executive Officer of U.S. Subsidiary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…