Springview Holdings (SPHL) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Income Metrics
Balance Sheet Metrics
Total Assets
7.1M
Total Liabilities
2.8M
Shareholders Equity
4.3M
Debt to Equity
0.64
Cash Flow Metrics
Revenue & Profitability Trend
Springview Holdings Income Statement From 2022 to 2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 6.8M | 10.3M | 5.6M |
| Cost of Goods Sold | 6.1M | 6.7M | 4.0M |
| Gross Profit | 699.4K | 3.6M | 1.6M |
| Gross Margin % | 10.3% | 34.8% | 28.4% |
| Operating Expenses | |||
| Research & Development | - | - | - |
| Selling, General & Administrative | 1.5M | 1.2M | 875.6K |
| Other Operating Expenses | 6.0K | 31.2K | 91.3K |
| Total Operating Expenses | 1.5M | 1.3M | 966.9K |
| Operating Income | -864.1K | 2.3M | 572.5K |
| Operating Margin % | -12.7% | 21.9% | 10.2% |
| Non-Operating Items | |||
| Interest Income | 22.0K | 3 | 0 |
| Interest Expense | 84.1K | 60.4K | 33.3K |
| Other Non-Operating Income | 122 | 15.9K | 26.6K |
| Pre-tax Income | -926.0K | 2.2M | 565.8K |
| Income Tax | -128.4K | 369.8K | 86.2K |
| Effective Tax Rate % | 0.0% | 16.7% | 15.2% |
| Net Income | -797.7K | 1.8M | 479.6K |
| Net Margin % | -11.7% | 17.9% | 8.6% |
| Key Metrics | |||
| EBITDA | -664.4K | 2.4M | 741.5K |
| EPS (Basic) | $-0.05 | $0.11 | $0.03 |
| EPS (Diluted) | $-0.05 | $0.11 | $0.03 |
| Basic Shares Outstanding | 15710045 | 16631984 | 16690861 |
| Diluted Shares Outstanding | 15710045 | 16631984 | 16690861 |
Income Statement Trend
Springview Holdings Balance Sheet From 2022 to 2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Assets | |||
| Current Assets | |||
| Cash & Equivalents | 2.6M | 540.0K | 270.7K |
| Short-term Investments | - | - | - |
| Accounts Receivable | 35.2K | 243.3K | 375.8K |
| Inventory | - | - | - |
| Other Current Assets | - | - | - |
| Total Current Assets | 8.3M | 4.7M | 1.7M |
| Non-Current Assets | |||
| Property, Plant & Equipment | 302.2K | 228.3K | 306.3K |
| Goodwill | - | - | - |
| Intangible Assets | - | - | - |
| Long-term Investments | - | - | - |
| Other Non-Current Assets | 258.2K | 251.4K | 0 |
| Total Non-Current Assets | 619.1K | 552.4K | 440.9K |
| Total Assets | 8.9M | 5.2M | 2.2M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | 1.3M | 1.0M | 798.4K |
| Short-term Debt | 365.5K | 486.5K | 403.1K |
| Current Portion of Long-term Debt | - | - | - |
| Other Current Liabilities | - | - | - |
| Total Current Liabilities | 3.1M | 2.6M | 2.1M |
| Non-Current Liabilities | |||
| Long-term Debt | 585.2K | 736.5K | 424.4K |
| Deferred Tax Liabilities | 303.1K | 447.4K | 2.9K |
| Other Non-Current Liabilities | - | - | - |
| Total Non-Current Liabilities | 888.3K | 1.2M | 427.3K |
| Total Liabilities | 4.0M | 3.8M | 2.6M |
| Equity | |||
| Common Stock | 2.2K | 2.1K | 2.1K |
| Retained Earnings | -126.4K | 671.3K | -1.2M |
| Treasury Stock | - | - | - |
| Other Equity | - | - | - |
| Total Shareholders Equity | 4.9M | 1.4M | -405.5K |
| Key Metrics | |||
| Total Debt | 950.7K | 1.2M | 827.6K |
| Working Capital | 5.2M | 2.1M | -419.1K |
Balance Sheet Composition
Springview Holdings Cash Flow Statement From 2022 to 2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -797.7K | 1.8M | 479.6K |
| Depreciation & Amortization | 177.6K | 152.1K | 142.4K |
| Stock-Based Compensation | - | - | - |
| Working Capital Changes | 412.2K | -3.4M | -1.3M |
| Operating Cash Flow | -360.8K | -1.0M | -711.0K |
| Investing Activities | |||
| Capital Expenditures | 0 | -3.8K | -6.0K |
| Acquisitions | - | - | - |
| Investment Purchases | - | - | - |
| Investment Sales | - | - | - |
| Investing Cash Flow | -2.0M | 769.8K | 539.0K |
| Financing Activities | |||
| Share Repurchases | - | - | - |
| Dividends Paid | - | - | - |
| Debt Issuance | 0 | 812.3K | 213.5K |
| Debt Repayment | -379.9K | -385.3K | -327.3K |
| Financing Cash Flow | 4.3M | 559.8K | -162.6K |
| Free Cash Flow | -411.0K | -1.1M | -469.9K |
| Net Change in Cash | 1.9M | 314.4K | -334.6K |
Cash Flow Trend
Springview Holdings Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
3.37
Price to Book
2.34
Price to Sales
0.92
Profitability Ratios
Profit Margin
-23.56%
Operating Margin
-14.09%
Return on Equity
-46.44%
Return on Assets
-16.06%
Financial Health
Current Ratio
3.29
Debt to Equity
17.27
Per Share Data
EPS (TTM)
$-0.07
Book Value per Share
$0.26
Revenue per Share
$0.36
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| sphl | 7.2M | 3.37 | 2.34 | -46.44% | -23.56% | 17.27 |
| D.R. Horton | 48.0B | 12.97 | 2.01 | 16.10% | 11.46% | 29.94 |
| Lennar | 31.5B | 12.08 | 1.38 | 10.77% | 7.72% | 24.89 |
| United Homes | 247.0M | 81.20 | 2.90 | 9.58% | 1.16% | 163.13 |
| Green Brick | 0 | 5.36 | 0.61 | 23.31% | 16.37% | 16.67 |
| Lennar | 30.4B | 11.41 | 1.30 | 10.77% | 7.72% | 24.89 |
Financial data is updated regularly. All figures are in the company's reporting currency.