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Income Overview

Revenue
$345,312
Net Income
-$2,871,492
Net Profit Margin
-831.56%
EPS
-$0.06
Unit: Dollar
Revenue Breakdown
    • Merchant Financing
    • Information Technology
    • Wellness Products
Income Statement
2026-04-30
2025-04-30
Total revenue
345,312
235,544
Less cost of goods sold
28,126
28,178
Gross profit
317,186
207,366
Compensation and related costs
996,275
-
Accounting and legal fees
105,305
66,929
Consulting fees
283,194
409,560
Rent and lease
72,000
-
Provision for credit losses
751,152
-
Warrant expense
-
0
General office expenses
221,787
196,004
Extinguishment of liabilities
-
0
Rent and lease
-
72,000
Extinguishment of convertible debt
-
0
Compensation and related costs
-
687,956
Discount (commitment shares)
-
0
Total operating expenses
2,429,713
1,432,449
Loss (gain) in changes in fair value of derivative liability
-
-266,658
Loss from operations
-2,112,527
-1,225,083
Commission on municipal bonds
13,350
21,837
Interest expense on notes
858,807
656,809
Loss (gain) in changes in fair value of derivative liability
108,264
-
Other income
-3,898
11,995
Total other (income) expense
-741,091
-889,635
Net loss
-2,853,618
-2,114,718
Net profit (loss) attributable to minority shareholder
17,874
8,916
Netloss attributed to common stockholders
-2,871,492
-2,123,634
Basic EPS
-0.06
-0.06
Diluted EPS
-0.06
-0.06
Basic Average Shares
45,051,366
35,601,730
Diluted Average Shares
45,051,366
35,601,730
Unit: Dollar.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Netloss attributed tocommon stockholders-$2,871,492 (-35.22%↓ Y/Y)Merchant Financing$173,258 (117.90%↑ Y/Y)Information Technology$141,138 (19.34%↑ Y/Y)Wellness Products$30,916 (-18.14%↓ Y/Y)Net loss-$2,853,618 (-34.94%↓ Y/Y)Net profit (loss)attributable to minority...$17,874 (100.47%↑ Y/Y)Total revenue$345,312 (46.60%↑ Y/Y)Loss from operations-$2,112,527 (-72.44%↓ Y/Y)Total other (income)expense-$741,091 (16.70%↑ Y/Y)Gross profit$317,186 (52.96%↑ Y/Y)Loss (gain) inchanges in fair value of...$108,264 (140.60%↑ Y/Y)Commission on municipalbonds$13,350 (-38.87%↓ Y/Y)Less cost of goodssold$28,126 (-0.18%↓ Y/Y)Total operatingexpenses$2,429,713 (69.62%↑ Y/Y)Interest expense on notes$858,807 (30.75%↑ Y/Y)Other income-$3,898 (-132.50%↓ Y/Y)Compensation and relatedcosts$996,275 (44.82%↑ Y/Y)Provision for creditlosses$751,152 Consulting fees$283,194 (-30.85%↓ Y/Y)General office expenses$221,787 (13.15%↑ Y/Y)Accounting and legal fees$105,305 (57.34%↑ Y/Y)Rent and lease$72,000 (0.00%↑ Y/Y)

SPARTA COMMERCIAL SERVICES, INC. (SRCO)

SPARTA COMMERCIAL SERVICES, INC. (SRCO)