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srco: the income statement
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Net loss attributed
to common...
-$526,666
(-26.14%↓ Y/Y)
Merchant Financing
$53,733
Wellness Products
$10,660
Information Technology
$34,914
Net profit (loss)
attributable to minority...
$7,132
(2761.19%↑ Y/Y)
Net loss
-$519,534
(-24.35%↓ Y/Y)
Total revenue
$99,307
(107.72%↑ Y/Y)
Total other (income)
expense
-$245,359
(-175.98%↓ Y/Y)
Loss from operations
-$274,175
(16.64%↑ Y/Y)
Commission on municipal
bonds
$1,423
(-81.00%↓ Y/Y)
Gross profit
$90,510
(109.74%↑ Y/Y)
Less cost of goods
sold
$8,797
(89.02%↑ Y/Y)
Other income
-$1,901
Loss (gain) in
changes in fair value of...
-$69,877
(-170.17%↓ Y/Y)
Interest expense on notes
$175,004
Total operating
expenses
$364,685
(-1.98%↓ Y/Y)
General office expenses
$43,570
(-14.57%↓ Y/Y)
Rent and lease
$18,000
(0.00%↑ Y/Y)
Consulting fees
$118,790
(12.79%↑ Y/Y)
Accounting and legal fees
$26,035
(9.99%↑ Y/Y)
Compensation and related
costs
$158,290
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Income Statement
source: myfinsight.com
SPARTA COMMERCIAL SERVICES, INC. (SRCO)
SPARTA COMMERCIAL SERVICES, INC. (SRCO)