See more : YHN Acquisition I Limited Unit (YHNAU) Income Statement Analysis – Financial Results
Complete financial analysis of Sparta Commercial Services, Inc. (SRCO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sparta Commercial Services, Inc., a leading company in the Software – Application industry within the Technology sector.
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Sparta Commercial Services, Inc. (SRCO)
About Sparta Commercial Services, Inc.
Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for agriculture dealerships, racetracks, private clubs, country clubs, restaurants, and grocery stores. The company also owns and manages websites, which sell on-demand motorcycle, recreational vehicle, power-sport vehicle, and truck title history reports for consumers, retail dealers, auction houses, insurance companies, and banks/finance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services. In addition, it offers eCommerce, customer relationship management development and integration, ordering system creation and integration, search engine optimization, social media marketing, and online reviews website services to its clients. Further, the company provides an equipment-leasing product for local and state agencies that helps to finance their essential equipment needs, including police motorcycles, cruisers, buses, fire trucks, and EMS equipment; and a range of hemp-derived cannabinol products through newworldhealthcbd.com. The company was incorporated in 1980 and is headquartered in New York, New York.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 192.04K | 256.91K | 245.47K | 259.73K | 320.85K | 384.67K | 446.16K | 547.71K | 635.91K | 604.84K | 476.02K | 413.60K | 496.48K | 272.85K | 713.36K | 1.14M | 1.13M | 788.00K | 169.11K | 65.83K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 36.77K | 42.96K | 42.16K | 60.99K | 60.34K | 29.60K | 43.26K | 49.56K | 111.19K | 192.11K | 154.96K | 145.86K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 155.27K | 213.95K | 203.31K | 198.75K | 260.51K | 355.06K | 402.90K | 498.15K | 524.72K | 412.73K | 321.06K | 267.74K | 496.48K | 272.85K | 713.36K | 1.14M | 1.13M | 788.00K | 169.11K | 65.83K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 80.85% | 83.28% | 82.82% | 76.52% | 81.19% | 92.30% | 90.30% | 90.95% | 82.52% | 68.24% | 67.45% | 64.73% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 238.10K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 328.88K | 1.60M | 1.13M | 1.39M | 1.05M | 1.20M | 1.24M | 1.48M | 2.68M | 3.11M | 2.24M | 1.69M | 2.22M | 2.80M | 2.52M | 3.86M | 3.70M | 4.32M | 5.13M | 2.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 690.88K | 0.00 | 27.89K | 14.27K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.02M | 1.60M | 1.16M | 1.39M | 1.05M | 1.20M | 1.24M | 1.48M | 2.68M | 3.11M | 2.24M | 1.69M | 2.22M | 2.80M | 2.52M | 3.86M | 3.70M | 4.32M | 5.13M | 2.62M | 1.78M | 250.00 | 16.59K | -15.24K | 1.20K | 1.20K | 1.20K |
| Other Expenses | 0.00 | 5.36K | 71.84K | 7.69K | 357.00 | 12.74K | 17.93K | 10.57K | 3.15K | 3.85K | 4.57K | 6.95K | 76.51K | 92.39K | 702.39K | 310.60K | 274.77K | 323.15K | 112.90K | 28.74K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.02M | 1.60M | 1.47M | 1.39M | 1.05M | 1.20M | 1.25M | 1.48M | 2.68M | 3.11M | 2.24M | 1.70M | 2.29M | 2.89M | 3.22M | 4.17M | 3.97M | 4.64M | 5.24M | 2.65M | 1.78M | 250.00 | 16.59K | -15.24K | 1.20K | 1.20K | 1.20K |
| Cost & Expenses | 1.06M | 1.65M | 1.51M | 1.46M | 1.11M | 1.23M | 1.29M | 1.53M | 2.79M | 3.30M | 2.40M | 1.85M | 2.29M | 2.89M | 3.22M | 4.17M | 3.97M | 4.64M | 5.24M | 2.65M | 1.78M | 250.00 | 16.59K | -15.24K | 1.20K | 1.20K | 1.20K |
| Interest Income | 0.00 | 528.18K | 426.51K | 723.00K | 1.27M | 2.26M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 105.36K | 240.92K | 443.03K | 759.80K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.00 | 52.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 580.64K | 528.18K | 601.28K | 723.00K | 1.27M | 2.26M | 1.88M | 1.78M | 1.70M | 681.61K | 450.95K | 576.35K | 602.39K | 521.23K | 1.63M | 1.90M | 1.15M | 382.74K | 1.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 837.88K | 1.39M | 349.96K | 357.00 | 357.00 | 1.59K | 2.48K | 2.48K | 3.15K | 3.85K | 4.57K | 6.95K | 74.26K | 92.39K | 702.39K | 191.26K | 274.63K | 462.40K | 461.71K | 28.74K | 30.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -26.62K | 2.95M | -1.76M | -1.57M | -791.67K | -845.41K | -921.74K | -791.02K | -2.15M | -2.70M | -1.92M | -2.38M | -1.61M | -2.82M | -1.85M | -2.72M | -2.57M | -3.53M | -4.61M | -2.55M | -1.79M | -250.00 | -16.59K | 15.24K | -1.20K | -1.20K | -1.20K |
| EBITDA Ratio | -13.86% | -538.83% | -511.38% | -457.57% | -245.01% | -216.47% | -184.24% | -177.39% | -338.65% | -229.02% | -403.15% | -113.30% | -325.21% | -836.14% | -253.20% | -237.24% | -227.12% | -468.10% | -2,838.93% | -3,875.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -864.49K | -1.39M | -1.27M | -1.20M | -792.03K | -847.00K | -842.42K | -984.60K | -2.16M | -2.70M | -1.92M | -1.43M | -1.69M | -2.37M | -2.51M | -3.03M | -2.84M | -3.85M | -5.07M | -2.58M | -1.78M | -250.00 | -16.59K | 15.24K | -1.20K | -1.20K | -1.20K |
| Operating Income Ratio | -450.16% | -540.92% | -516.26% | -460.53% | -246.86% | -220.19% | -188.82% | -179.77% | -339.14% | -446.26% | -404.11% | -346.13% | -340.62% | -870.00% | -351.66% | -264.38% | -251.42% | -488.76% | -2,998.62% | -3,918.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 257.24K | 2.42M | -514.10K | -1.09M | 18.83K | -823.12K | -1.96M | -1.59M | -3.37M | -1.99M | -957.98K | -1.29M | -1.29M | -1.29M | -1.63M | 3.03M | -1.15M | -83.08K | -885.68K | 0.00 | 8.71K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -607.25K | 1.03M | -8.99M | -2.29M | -773.20K | -1.67M | -2.80M | -2.57M | -5.53M | -4.69M | -2.88M | -2.72M | -2.03M | -3.66M | -4.14M | -4.92B | -3.99M | -3.93M | -5.96M | -2.58M | -1.77M | 0.00 | 0.00 | 0.00 | -1.20K | -1.20K | -1.20K |
| Income Before Tax Ratio | -316.21% | 400.74% | -3,661.81% | -881.96% | -240.99% | -434.18% | -627.81% | -469.37% | -869.43% | -775.56% | -605.36% | -658.49% | -408.93% | -1,342.84% | -580.51% | -429,989.24% | -353.40% | -499.30% | -3,522.36% | -3,918.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 537.26K | 7.12M | 735.75K | 1.29M | 1.43M | -81.79K | 1.84M | 1.75M | 2.22M | 677.62K | 880.21K | 566.55K | 429.02K | 0.00 | -1.89B | 1.15M | 83.08K | 885.68K | 0.00 | -8.71K | 250.00 | 16.57K | -15.30K | 0.00 | 0.00 | 0.00 |
| Net Income | -644.49K | 0.05 | -16.11M | -3.03M | -2.06M | -1.69M | -2.84M | -2.63M | -5.58M | -4.92M | -3.11M | -3.57M | -1.99M | -3.57M | -4.14M | -4.92M | -3.99M | -3.93M | -5.96M | -2.58M | -1.77M | -250.00 | -16.57K | 15.30K | -1.20K | -1.20K | -1.20K |
| Net Income Ratio | -335.60% | 0.00% | -6,563.57% | -1,165.23% | -643.05% | -438.87% | -636.33% | -479.69% | -877.34% | -813.50% | -652.98% | -862.85% | -401.26% | -1,309.04% | -580.51% | -429.99% | -353.40% | -499.30% | -3,522.36% | -3,918.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.02 | 0.00 | -1.18 | -0.42 | -0.33 | -0.27 | -0.47 | -0.49 | -3.28 | -18.61 | -17.62 | -32.04 | -26.32 | -61.27 | -103.38 | -232.01 | -235.22 | -241.76 | -467.91 | -225.49 | -1.88K | -0.27 | -17.58 | 55.22 | -4.33 | -0.04 | -0.04 |
| EPS Diluted | -0.02 | 0.00 | -1.18 | -0.42 | -0.33 | -0.27 | -0.47 | -0.49 | -3.28 | -18.61 | -17.62 | -32.04 | -26.32 | -61.27 | -103.38 | -232.01 | -235.22 | -241.76 | -467.91 | -225.49 | -1.88K | -0.27 | -17.58 | 55.22 | -4.33 | -0.04 | -0.04 |
| Weighted Avg Shares Out | 28.26M | 19.38M | 13.69M | 7.13M | 6.27M | 6.26M | 5.98M | 5.38M | 1.70M | 264.40K | 176.38K | 111.40K | 75.70K | 58.29K | 40.06K | 21.21K | 16.97K | 16.27K | 12.73K | 11.44K | 943.00 | 943.00 | 943.00 | 277.00 | 277.00 | 27.73K | 27.73K |
| Weighted Avg Shares Out (Dil) | 28.26M | 19.38M | 13.69M | 7.13M | 6.27M | 6.26M | 5.98M | 5.38M | 1.70M | 264.40K | 176.38K | 111.40K | 75.70K | 58.29K | 40.06K | 21.21K | 16.97K | 16.27K | 12.73K | 11.44K | 943.00 | 943.00 | 943.00 | 277.00 | 277.00 | 27.73K | 27.73K |
Sparta Commercial Services, Inc. Reports Great Results with Early EZBroker360 Adopters in its Agoge Subsidiary
Initial Success Accelerating Overall Market Interest NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Sparta Commercial Services, Inc. ("Sparta" or "Company") (OTC PINK:SRCO) is excited to announce that its subsidiary, Agoge Global USA, Inc. ("Agoge") and its joint...
Sparta Commercial Unveils EZBroker360 at 2024 Startup Summit Hosted by Wedev Group in Brazil
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Sparta Commercial Services Announces that Its Agoge Global USA Subsidiary Processes First Transactions on Its Innovative Blockchain-Based Import/Export Platform
Partnership with Brazilian Software Developer WeDev reduces payment transaction times from days to hours for Global importers to Brazil and for Brazilian exporters Solves Significant Bottleneck currently limiting International Trade by offering staged financing for freightage, taxation, and compliance NEW...
Sparta Commercial Services Doubles Down On Growth Strategy
NEW YORK, NY / ACCESSWIRE / July 27, 2023 / Sparta Commercial Services, Inc. (OTC PINK:SRCO or "Sparta"), announces its intention to concentrate on developing high-growth prospects, while maintaining its core group of established goods and services.. Sparta withdrew from...
Sparta Launches Zoozilo, the Online Store for the Adventurer
NEW YORK, NY / ACCESSWIRE / July 11, 2023 / Sparta Commercial Services, Inc., (OTC PINK:SRCO) ("Sparta" or "the Company") announces the launch of ZooZilo, the essential online store for the person who sees life as an adventure. The collections...
Source: https://incomestatements.info
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