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Spark Power Group Inc - SKPGF STOCK NEWS

Welcome to our dedicated news page for Spark Power Group (Ticker: SKPGF), a resource for investors and traders seeking the latest updates and insights on Spark Power Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Spark Power Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Spark Power Group's position in the market.

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Spark Power renews sponsorship of Racing with Autism and Austin Riley for the 6th year, emphasizing commitment to community, diversity, and inclusivity.
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Spark Power Group Inc. (TSX:SPG) reported a third-quarter gross profit margin of 25.7%, in line with the prior quarter. The company's core business adjusted EBITDA was $5.6 million, with continued progress on net working capital reductions. Spark Power also obtained a waiver of financial covenant breaches. The company has announced its financial results for the three- and nine-month periods ended September 30, 2023. The third-quarter revenue from continuing operations was $63.1 million, representing an 11.0% year-over-year decrease. Gross profit margins were 25.7% in Q3 2023, down from 27.7% in Q3 2022. Adjusted EBITDA was $5.6 million, compared to $9.5 million in Q3 2022. The company has entered into an arrangement agreement to be acquired and taken private by an affiliate of American Pacific Group, LP, which is expected to close on or around December 5, 2023, subject to shareholder approval, final court approval, and other customary closing conditions.
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Spark Power Group Inc. (TSX:SPG) announces the mailing of its notice of meeting, management information circular, form of proxy and letter of transmittal to shareholders in connection with the Special Meeting to consider and approve the proposed plan of arrangement involving Generator-Spark Canada Buyer Inc. and the acquisition of all issued and outstanding common shares of Spark Power for a price of $0.825 per Share. The Arrangement Resolution requires the approval of at least two-thirds of the votes cast by Shareholders at the Special Meeting. The company also received an interim order from the Ontario Superior Court of Justice and conditional approval of the Toronto Stock Exchange for the Arrangement.
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Spark Power Group Inc. (TSX:SPG) to host a conference call on November 15, 2023, to discuss the Company's 2023 third quarter results. The call will be at 8:30 a.m. Eastern Standard Time. Investors and analysts can access the webcast at https://www.webcaster4.com/Webcast/Page/2400/49405.
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Spark Power announces its participation and sponsorship at Dreamer Day, an event hosted by Build a Dream. The event celebrates underrepresented groups in STEM, leadership, and skilled trades.
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Spark Power to participate in Electricity Transformation Canada 2023, showcasing their role in the renewable energy sector
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Spark Power Group announces agreement for all-cash acquisition by Generator-Spark Canada Buyer Inc.
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Spark Power Group Inc. reports its financial results for Q2 2023. Gross profit margins improve to 25.6%. Core Business Adjusted EBITDA is $5.6 million. Net working capital reduces by $2.3 million. Revenue from continuing operations is $66.2 million, a decrease of 6.3% YoY. Gross profit margins are 25.6%, down from 26.0% in Q2 2022. Selling, General and Administration expenses decrease by 5.0% YoY. Adjusted EBITDA is $5.6 million, compared to $6.5 million in Q2 2022. Cash flow from continuing operations is $5.0 million.
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Spark Power Group Inc. to host conference call to discuss 2023 second quarter results
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Spark Power Group Inc

OTC:SKPGF

SKPGF Rankings

SKPGF Stock Data

56.29M
51.57M
30.59%
1.38%
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