SequelSEC

SPARTA COMMERCIAL SERVICES, INC. SRCO

Services-Business Services, NEC · CIK 0000318299 · Fiscal year ends 0430

Revenue
$345.31K
Fiscal year ended 2026-04-30
Operating income
-$2.11M
Fiscal year ended 2026-04-30
Free cash flow
Unavailable
Fiscal year ended 2026-04-30

SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported revenue of $345.31K and net income of -$2.85M for the fiscal year ended 2026-04-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SPARTA COMMERCIAL SERVICES, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Business Services, NEC.

Income

SPARTA COMMERCIAL SERVICES, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-04-302025-04-302024-04-302023-04-302022-04-302021-04-302020-04-302019-04-302018-04-302017-04-30
Revenue$345.31K$235.54K$192.04K$256.91K$245.47K$259.73K$320.85K$384.66K$446.16K$547.71K
Cost of revenue$28.13K$28.18K$36.77K$42.96K$50.58K$60.99K$60.34K$29.60K$43.26K$49.56K
Gross profit$317.19K$207.37K$155.27K$213.94K$194.89K$198.74K$260.51K$355.06K$402.90K$498.15K
Operating income-$2.11M-$1.23M-$864.49K-$1.39M-$1.67M-$1.20M-$792.03K-$847.00K-$842.42K-$984.60K
Net income-$2.85M-$2.11M-$607.25K$1.02M-$2.20M-$2.28M-$787.22K-$1.69MUnavailable-$2.60M
Research & developmentUnavailableUnavailableUnavailableUnavailable$217.14KUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 45.05Mshares 35.60Mshares 28.26Mshares 19.38Mshares 13.69MUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-0.06$-0.06$-0.02$0.05$-0.16UnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$221.79K$196.00K$184.93K$251.39K$895.57K$1.39M$1.05M$1.20M$1.24M$1.48M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

SPARTA COMMERCIAL SERVICES, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-04-302025-04-302024-04-302023-04-302022-04-302021-04-302020-04-302019-04-302018-04-302017-04-30
Cash & equivalents$118.13K$131.00K$100.95K$4.03K$317$396Unavailable$13$998Unavailable
Total assets$161.73K$756.58K$119.68K$13.03K$9.32K$33.32K$43.85K$33.63K$25.43KUnavailable
Current assets$152.73K$747.58K$110.68K$4.03K$317$14.69K$25.22K$14.65K$4.85KUnavailable
Total liabilities$12.46M$11.35M$9.76M$10.26M$12.96M$12.66M$11.64M$12.05M$11.96MUnavailable
Current liabilities$11.71M$10.32M$9.12M$9.82M$12.41M$12.23M$11.20M$11.60M$11.52MUnavailable
Total equity incl. NCI-$12.30M-$10.59M-$9.64M-$10.25M-$12.95M-$12.61M$11.59M-$12.01M-$11.94M-$10.12M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$1.00K$4.61K$3.00KUnavailable$8.42K$13.82K$23.33K$9.76KUnavailableUnavailable
Accounts receivable$6.65K$5.17K$6.72KUnavailableUnavailable$469$1.42K$3.05K$3.85K$4.07K
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailable$8.37M$7.17M$5.10M$4.68M$4.68M$4.93M$4.11M$4.46M$4.26M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

SPARTA COMMERCIAL SERVICES, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-04-302025-04-302024-04-302023-04-302022-04-302021-04-302020-04-302019-04-302018-04-302017-04-30
Operating cash flow-$779.57K-$1.23M-$1.21M-$3.08M-$2.07M-$678.39K-$626.79K-$759.05KUnavailableUnavailable
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Financing cash flow$766.70K$1.26M$1.31M$3.09M$2.07M$678.78K$626.78K$758.06K$658.18K$621.23K
Net change in cash-$12.87K$30.05K$96.92K$3.71K-$79$396-$13-$985UnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.80K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$357$1.60K$2.48K$2.48K

Derived

SPARTA COMMERCIAL SERVICES, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-04-302025-04-302024-04-302023-04-302022-04-302021-04-302020-04-302019-04-302018-04-302017-04-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin91.9%88.0%80.9%83.3%79.4%76.5%81.2%92.3%90.3%91.0%
Operating margin-611.8%-520.1%-450.2%-540.9%-681.6%-460.5%-246.9%-220.2%-188.8%-179.8%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.3%
Current ratio0.01x0.07x0.01x0.00x0.00x0.00x0.00x0.00x0.00xUnavailable
Revenue YoY growth46.6%22.7%-25.2%4.7%-5.5%-19.0%-16.6%-13.8%-18.5%Unavailable
Net margin-826.4%-897.8%-316.2%397.2%-894.5%-877.1%Unavailable-439.1%Unavailable-475.4%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SRCO in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-03-23View SEC filing
10-Q · Filed 2025-12-19View SEC filing
10-Q · Filed 2025-09-19View SEC filing
10-K · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-03-25View SEC filing

Companies in the same industry

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationinconsistent2017-04-30

Withheld: assets, liabilities could not be reconciled with the rest of this filer’s statement.

balance equationreview2020-04-30

Difference 23183234 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.