Financial insights of SRCO

MyFinsight

For the quarter ending 2025-10-31, SRCO made $465,415 in revenue. -$526,666 in net income. Net profit margin of -113.16%.

Unit: Dollar

Income Statement	2025-10-31	2025-07-31	2025-01-31	2024-10-31
Preferred dividend	-	0	-	-
Total revenue	99,307	96,688	78,998	47,808
Less cost of goods sold	8,797	8,472	7,448	4,654
Rent and lease	-	18,000	18,000	18,000
Gross profit	90,510	88,216	71,550	43,154
Compensation and related costs	158,290	193,649	128,027	174,066
Accounting and legal fees	26,035	29,525	11,300	23,670
Consulting fees	118,790	66,865	58,085	105,315
Rent and lease	18,000	-	-	-
General office expenses	43,570	59,510	41,858	50,999
Total operating expenses	364,685	367,549	257,270	372,050
Financing costs	-	-	40,347	207,976
Loss from operations	-274,175	-279,333	-185,720	-328,896
Commission on municipal bonds	1,423	9,624	8,842	7,489
Interest expense on notes	175,004	167,796	-	-
Other nonoperating income	-	-	-	11,995
Loss in changes in fair value of derivative liability	-	-36,686	-	-
Loss (gain) in changes in fair value of derivative liability	-69,877	-	-188,916	99,588
Other income	-1,901	-200	-	-
Total other (income) expense	-245,359	-195,058	-220,421	-88,904
Net loss	-519,534	-474,391	-406,141	-417,800
Net profit (loss) attributable to minority shareholder	7,132	-7,938	4,871	-268
Net loss attributed to common stockholders	-526,666	-482,329	-411,012	-417,532

Net loss attributable to sparta commercial services, inc. common stockholders, basic	-0.01	-0.01	-0.01	-0.01
Net loss attributable to sparta commercial services, inc. common stockholders, diluted	-0.01	-0.01	-0.01	-0.01
Weighted average shares outstanding, basic	42,662,492	40,733,568	32,540,194	35,388,095
Weighted average shares outstanding, diluted	42,662,492	40,733,568	32,540,194	35,388,095