Sparton

OverviewSuggest Edit

Sparton is a provider of design, development, and manufacturing services for electronics and electromechanical devices. It engages in contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable and wire harnesses, as well as in design, development, and production of proprietary products. The company serves the medical and biotechnology, military and aerospace, and industrial and commercial markets.

TypePrivate
Founded1900
HQDe Leon Springs, FL, USMap
Websitesparton.com
Employee Ratings3.1More
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Latest Updates

Employees (est.) (Jan 2021)672
Revenue (FY, 2018)$375 M(-5%)
Share Price (Mar 2019)$18.5
Cybersecurity ratingBMore

Key People/Management at Sparton

William J. Toti

William J. Toti

President & CEO
Glen Berger

Glen Berger

Senior Vice President and Chief Financial Officer
Stephen B. Leisenring

Stephen B. Leisenring

Senior Vice President and Chief Procurement Officer
Roberto Tongo

Roberto Tongo

Vice President of Operations
James R. Wyatt

James R. Wyatt

Vice President, Strategy and Business Development
Randall G. Redondo

Randall G. Redondo

Vice President, Programs
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Sparton Office Locations

Sparton has offices in De Leon Springs, Longmont, Minneapolis, Pittsford and in 2 other locations
De Leon Springs, FL, US (HQ)
5612 Johnson Lake Rd
Longmont, CO, US
4300 Godding Hollow Pkwy
Minneapolis, MN, US
16305 36th Ave N #500
Pittsford, NY, US
160 Office Park Way
Watertown, SD, US
2920 Kelly Ave
Thuan An Town, VN
NO. 3, Street 6, Viet Nam Singapore, Industrial Park
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Sparton Financials and Metrics

Summary Metrics

Founding Date

1900
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Sparton Revenue

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Sparton's revenue was reported to be $374.99 m in FY, 2018 which is a 5.7% decrease from the previous period.
USD

Revenue (Q2, 2019)

105.2m

Gross profit (Q2, 2019)

23.1m

Gross profit margin (Q2, 2019), %

21.9%

Net income (Q2, 2019)

1.9m

EBIT (Q2, 2019)

5.3m

Cash (30-Dec-2018)

1.4m
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

419.4m397.6m375.0m

Revenue growth, %

10%(5%)(6%)

Cost of goods sold

339.2m325.7m295.6m

Gross profit

80.1m71.9m79.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

100.4m97.4m95.4m82.8m97.8m93.9m89.5m105.2m

Cost of goods sold

83.1m81.5m78.5m68.2m77.4m76.3m71.8m82.2m

Gross profit

17.3m15.9m16.9m14.6m20.4m17.7m17.6m23.1m

Gross profit Margin, %

17%16%18%18%21%19%20%22%
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Annual
USDFY, 2016FY, 2017FY, 2018

Cash

132.0k988.0k1.2m

Accounts Receivable

46.8m45.3m60.5m

Prepaid Expenses

5.8m3.9m3.9m

Inventories

77.9m60.2m72.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

718.0k589.0k1.0m319.0k1.1m792.0k1.2m1.4m

Accounts Receivable

48.2m47.4m48.1m53.9m54.5k65.7m46.0m47.3m

Prepaid Expenses

5.9m5.6m4.9m4.4m4.2m3.6m6.8m8.1m

Inventories

67.8m59.9m65.0m68.6m62.8m65.4m91.2m86.3m
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Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(38.3m)1.3m(8.3m)

Depreciation and Amortization

15.7m14.4m13.2m

Inventories

(3.4m)17.6m(12.2m)

Accounts Payable

8.0m(10.3m)8.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

108.0k(799.0k)(370.0k)(2.9m)(11.9m)(11.3m)212.0k2.1m

Depreciation and Amortization

3.7m7.4m11.0m3.5m6.8m10.0m3.1m6.1m

Inventories

10.1m18.0m12.9m(8.4m)(2.5m)(5.2m)(9.0m)(4.1m)

Accounts Payable

(10.2m)(11.6m)(9.3m)(5.3m)6.3m(1.8m)6.3m11.2m
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USDFY, 2016

Revenue/Employee

228.2k

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

3.1 x
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Sparton Operating Metrics

FY, 2016FY, 2017FY, 2018

Manufacturing & Design Services Segment Space (Leased), sq. ft.

193 k226 k202 k

Manufacturing & Design Services Segment Space (Owned), sq. ft.

365 k365 k365 k

Manufacturing and Administrative Space, sq. ft

825 k858 k834 k

Office Space Leased, square feet

22 k22 k22 k
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Sparton Acquisitions / Subsidiaries

Company NameDateDeal Size
Beckwood Services, Inc.
Hunter Technology Corporation
Real Time Enterprises, Inc.
Sparton Aubrey Group, Inc.
Sparton Aydin, LLC
Sparton Beckwood, LLC
Sparton BP Medical Denver, LLC
Sparton Brooksville, LLC
Sparton DeLeon Springs, LLC
Sparton Design Services, LLC
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Sparton Revenue Breakdown

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Sparton revenue breakdown by business segment: 39.0% from Engineered Components and Products and 61.0% from Manufacturing and Design Services

Sparton Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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Sparton Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Sparton Online and Social Media Presence

Sparton's Trends

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Sparton Company Culture

  • CEO Rating

    A+

    80/100

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Sparton News and Updates

December 09, 2020

Sparton Resources Inc. Provides Update for Bruell Gold Project

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV:SRI) ("Sparton" or the "Company") provided today an update on the 2020 work program completed by Eldorado Gold Corp. (“Eldorado”) on the Company’s Bruell Gold Property in Vauquelin Township, Quebec.
October 19, 2020

Sparton Resources Inc. Sir Harry Oakes Gold Project Commencement of Drill Program

TORONTO, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV.SRI) ("Sparton" or the "Company") announced today that it has begun its initial 2000-metre drill program on the Sir Harry Oakes Gold Project near Matachewan, Ontario. A 3 km access road has been completed and drill site locati…
October 08, 2020

Sparton Corporation Relocates Its Corporate Headquarters to De Leon Springs, FL.

Sparton Corporation, a leading provider of sonobuoys for the US Navy and engineered products for the defense industry, today announced the relocation of its headquarters.
September 16, 2020

Sparton Resources Inc.: Oakes Gold Project - Historical Data Located - Drilling Program Enhanced

TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV.SRI) ("Sparton" or the "Company") announced today that it has located a comprehensive data set of the past work carried out on the Oakes Gold Project, near Matachewan, Ontario.  The information has been graciously provided by…
September 08, 2020

Sparton Resources Inc. Oakes Gold Project Update

Work Permit Received
August 10, 2020

Sparton Resources Inc. Private Placement Financing Closed

EXPLORATION UPDATE EXPLORATION UPDATE
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 Sparton Frequently Asked Questions

  • When was Sparton founded?

    Sparton was founded in 1900.

  • Who are Sparton key executives?

    Sparton's key executives are William J. Toti, Glen Berger and Stephen B. Leisenring.

  • How many employees does Sparton have?

    Sparton has 672 employees.

  • What is Sparton revenue?

    Latest Sparton annual revenue is $375 m.

  • What is Sparton revenue per employee?

    Latest Sparton revenue per employee is $558 k.

  • Who are Sparton competitors?

    Competitors of Sparton include Guangdong Rifeng Electric Cable, ENSTO and Mellanox Technologies.

  • Where is Sparton headquarters?

    Sparton headquarters is located at 5612 Johnson Lake Rd, De Leon Springs.

  • Where are Sparton offices?

    Sparton has offices in De Leon Springs, Longmont, Minneapolis, Pittsford and in 2 other locations.

  • How many offices does Sparton have?

    Sparton has 6 offices.