Company Quick10K Filing
Sparton
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 10 $178
10-Q 2019-02-06 Quarter: 2018-12-30
10-Q 2018-11-08 Quarter: 2018-09-30
10-K 2018-09-14 Annual: 2018-07-01
10-Q 2018-05-09 Quarter: 2018-04-01
10-Q 2018-02-06 Quarter: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-10-01
10-K 2017-09-14 Annual: 2017-07-02
10-Q 2017-05-09 Quarter: 2017-04-02
10-Q 2017-02-07 Quarter: 2017-01-01
10-Q 2016-11-08 Quarter: 2016-10-02
10-K 2016-09-06 Annual: 2016-07-03
10-Q 2016-05-03 Quarter: 2016-03-27
10-Q 2016-02-02 Quarter: 2015-12-27
10-Q 2015-11-05 Quarter: 2015-09-27
10-K 2015-09-08 Annual: 2015-06-30
10-Q 2015-05-05 Quarter: 2015-03-31
10-Q 2015-02-03 Quarter: 2014-12-31
10-Q 2014-11-04 Quarter: 2014-09-30
10-K 2014-09-09 Annual: 2014-06-30
10-Q 2014-05-06 Quarter: 2014-03-31
10-Q 2014-02-03 Quarter: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-K 2013-09-03 Annual: 2013-06-30
10-Q 2013-05-07 Quarter: 2013-03-31
10-Q 2013-02-05 Quarter: 2012-12-31
10-Q 2012-11-06 Quarter: 2012-09-30
10-K 2012-09-05 Annual: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-Q 2012-02-07 Quarter: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-K 2011-09-07 Annual: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-Q 2011-02-09 Quarter: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-K 2010-09-08 Annual: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-Q 2010-02-12 Quarter: 2009-12-31
8-K 2019-03-04 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2019-03-01 Shareholder Vote, Other Events, Exhibits
8-K 2019-02-06 Earnings, Exhibits
8-K 2019-01-24 Other Events, Exhibits
8-K 2018-12-20 Shareholder Vote
8-K 2018-12-11 Other Events, Exhibits
8-K 2018-12-11 Enter Agreement, Officers, Exhibits
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-09-13 Earnings, Exhibits
8-K 2018-09-07 Amendment
8-K 2018-08-30 Other Events, Exhibits
8-K 2018-07-09 Other Events, Exhibits
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-05-03 Enter Agreement, Exhibits
8-K 2018-04-25 Officers
8-K 2018-04-10 Officers, Exhibits
8-K 2018-03-04 Enter Agreement, Leave Agreement, Regulation FD, Exhibits
8-K 2018-02-06 Earnings, Exhibits
8-K 2018-01-31 Other Events, Exhibits

Sparton Financials

SPA Metrics, Comps, Filings

Annual | Quarterly

Business

On July 7, 2017, Sparton Corporation (the "Company" or "Sparton"), Ultra Electronics Holdings plc, ("Ultra"), and Ultra Electronics Aneira Inc., ("Merger Sub") entered into an Agreement and Plan of Merger (the "Merger Agreement") that provided for Ultra to acquire the Company by merging Merger Sub into the Company (such transaction referred to as the "Merger"), subject to the terms and conditions set forth in the Merger Agreement.

On October 5, 2017, at a special meeting of holders of shares of common stock of the Company, shareholders voted to adopt the Merger Agreement. Although the Merger Agreement had been adopted by the Company's shareholders, consummation of the Merger remained subject to other closing conditions, including the expiration or termination of the applicable waiting period (or any extension thereof) under the Hart-Scott-Rodino Antitrust Improvements Act (the "HSR Act").

On March 5, 2018, Sparton announced the termination by Sparton and Ultra of the Merger Agreement as a result of the staff of the United States Department of Justice (the "DOJ") informing the parties that it intended to recommend that the DOJ block the Merger. Under a Merger Termination Agreement entered into by Sparton, Ultra and Merger Sub, the parties agreed to release each other from certain claims and liabilities arising out of or related to the Merger Agreement or the transactions contemplated therein or thereby, including any termination fees. The parties also agreed that certain agreements with confidentiality obligations will continue in full force and effect.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Park Electrochemical (PKE) 342,963 33% 2.5 60% 189,675 29,585 55,673 18,136 112,964 117,370 292,996
Intricon (IIN) 199,329 30% 102.9 -1% 116,328 27,400 120,384 35,728 -1,483 1,841 189,528
Transcat (TRNS) 192,893 24% 13.7 7% 113,663 52,960 166,635 40,282 7,435 15,626 214,630
Sparton (SPA) 178,304 21% 7.4 1% 224,722 149,236 389,118 80,385 2,466 24,049 176,919
Frequency Electronics (FEIM) 102,163 44% 13.4 8% 95,164 32,328 51,492 22,595 7,276 7,464 99,924
Nano Dimension (NNDM) 99,041 0% 20,303 4,731 0 0 0 0 95,288
SMTC (SMTX) 89,991 9% 8.6 -1% 212,845 167,572 328,117 31,149 -1,616 16,894 145,244
RF Industries (RFIL) 83,920 30% 15.2 9% 36,113 5,477 43,409 12,892 3,196 4,657 70,608
Blink Charging (BLNK) 66,904 34% -6.9 -51% 16,867 4,218 2,759 928 -8,523 -8,217 56,781
IEC Electronics (IEC) 64,919 13% 5.5 11% 108,891 79,622 147,275 19,746 12,074 17,030 93,174
inTEST (INTT) 57,831 49% 10.7 -1% 60,796 16,593 71,009 34,651 -407 4,707 50,237
Pioneer Power Solutions (PPSI) 50,285 16% 127.4 -3% 79,009 65,253 88,381 14,241 -2,670 416 52,991
Data I/O (DAIO) 36,351 61% 8.0 4% 29,690 6,961 26,282 15,960 1,143 2,633 21,186
Wireless Telecom Group (WTT) 33,469 45% 11.8 -1% 46,235 14,116 52,650 23,588 -348 2,718 31,954
SigmaTron (SGMA) 17,394 9% 8.3 0% 155,789 97,140 293,150 27,513 23 6,840 57,101
Tel Instrument Electronics (TIK) 12,520 48% 8.6 14% 8,734 8,553 13,608 6,518 1,207 1,337 11,538
MICT (MICT) 8,808 -3% -1.5 -364% 1,994 2,859 3,958 -113 -7,268 -5,704 8,752
Eltek (ELTK) 5,051 0% 18,160 17,278 0 0 0 0 4,783
Aehr Test Systems (AEHR) 36 36% 1.2 -25% 21,307 5,854 21,056 7,602 -5,235 -4,525 -5,392
Exfo (EXFO) 0% 284,544 106,623 0 0 0 0 -0

Balance Sheet ($'000)2012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-30
Cash3,2006,0858,02814,9141329881,160
Accounts Receivable29,61849,76848,69770,97446,75945,34760,454
Inventory35,10246,33453,37279,50377,87160,24872,406
PP&E14,26028,90428,52332,60833,32034,45532,790
Assets144,555166,200198,980337,551245,998217,143232,002
Accounts Payable17,15219,59616,54329,94838,29027,67228,636
Long-Term Debt1,66911,53941,000154,50097,20684,500
Liabilities62,06770,45288,865220,672167,370135,275158,398
Stockholders' Equity82,48895,748110,115116,87978,62881,86873,604
Income Statement ($'000)2012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-30
Revenue223,577266,015336,139382,125419,362397,562374,990
Cost of Revenue185,075220,413271,686307,454339,214325,663295,592
Gross Profit38,50245,60264,45374,67180,14871,89979,398
R&D1,2931,3001,1691,5022,3441,6702,745
SG&A22,23226,45135,69846,87655,15154,11058,137
Tax5,0782,7637,0657,1907661,92711,412
Net Income9,50813,63812,98710,989-38,2831,317-8,254
Cash Flow ($'000)2012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-30
Cash Operating26,9172,93412,4514,53748,13231,468-4,109
Cash Investing-2,219-51,135-38,992-104,107-4,842-6,874-4,213
Cash Financing-2,2987,33628,484106,456-58,072-23,7388,494