Sparta Commercial Services, Inc. income statement SRCO

Annual Quarterly

In fiscal 2026, which ended Apr 30, 2026, Sparta Commercial Services, Inc. reported revenue of $345,312, up 46.6% from the year before. It recorded a net loss of $2.9 million. The operating loss came to $2.1 million, an operating margin of -611.8%. Diluted earnings per share were -$0.06. Over the twelve months ended Jul 31, 2026, revenue was $296,322 and the net loss was $2.9 million. Across the 8 fiscal years shown, revenue shrank from $446,159 in fiscal 2018 to $345,312 in fiscal 2026, about 3.6% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Jul 31, 2026	FY 2026 Apr 30, 2026	FY 2025 Apr 30, 2025	FY 2024 Apr 30, 2024	FY 2023 Apr 30, 2023	FY 2022 Apr 30, 2022	FY 2020 Apr 30, 2020	FY 2019 Apr 30, 2019	FY 2018 Apr 30, 2018	FY 2016 Apr 30, 2016	FY 2015 Apr 30, 2015
Revenue	0 +1.9%	0 +46.6%	0 +22.7%	0 -25.2%	0 +4.7%	0 -5.5%	0 -16.6%	0 -13.8%	0 -18.5%	—	—
Cost of revenue	0 -5.4%	0 -0.2%	0 -23.4%	0 -14.4%	0 -15.1%	0 -17.1%	0 +103.8%	0 -31.6%	0 -12.7%	0 -42.1%	0 +24.0%
Gross profit	0 +2.7%	0 +53.0%	0 +33.6%	0 -27.4%	0 +9.8%	0 -1.9%	0 -26.6%	0 -11.9%	0 -19.1%	1 +27.1%	0 +28.6%
Research and development	—	—	—	—	—	0	—	—	—	—	—
Selling, general and administrative	0 +9.3%	0 +13.2%	0 +6.0%	0 -26.4%	0 -71.9%	1 -35.8%	1 -12.4%	1 -3.4%	1 -16.0%	3 -13.8%	3 +38.7%
Operating income	-2 -97.2%	-2 -72.4%	-1 -41.7%	-1 +37.8%	-1 +16.9%	-2 -39.9%	-1 +6.5%	-1 -0.5%	-1 +14.4%	-2 +20.1%	-3 -40.3%
Pretax income	—	—	—	—	—	—	—	—	—	-6 -17.9%	-5 -62.8%
Net income	-3 -79.4%	-3 -34.9%	-2 -248.2%	-1 -159.5%	1 +146.5%	-2	-1 +53.4%	-2 +39.9%	-3	-6 -13.4%	-5 -50.7%
Net income to common	-3 -75.8%	-3 -35.2%	-2 -229.5%	-1 -163.2%	1	—	—	—	-3 -8.1%	—	—
Basic EPS	-0.06 -38.8%	-0.06 +0.0%	-0.06 -200.0%	-0.02 -140.0%	0.05 +131.2%	-0.16	—	—	—	—	-0.18
Diluted EPS	-0.06 -38.8%	-0.06 +0.0%	-0.06 -200.0%	-0.02 -140.0%	0.05	—	—	—	—	—	-0.19
Weighted average shares, basic	48 +26.7%	45 +26.5%	36 +26.0%	28 +45.8%	19 +41.6%	14	—	—	—	—	—
Weighted average shares, diluted	48 +26.7%	45 +26.5%	36 +26.0%	28 +45.8%	19	—	—	—	—	—	—
Other measures
Depreciation and amortization	—	—	—	—	—	—	—	0 -35.6%	0 +0.0%	0 -18.2%	0 -15.8%
EBITDA	—	—	—	—	—	—	—	-1 -0.6%	-1 +14.5%	-2 +20.1%	-3 -40.4%
Interest coverage	-2.61x	-2.46x	-1.87x	-1.49x	—	—	—	—	—	—	—
Margins
Gross margin	91.04%	91.85%	88.04%	80.85%	83.28%	79.39%	81.19%	92.30%	90.30%	—	—
Operating margin	-772.56%	-611.77%	-520.11%	-450.16%	-540.92%	-681.57%	-246.86%	-220.19%	-188.82%	—	—
Profit margin	-983.56%	-826.39%	-897.80%	-316.21%	397.21%	-894.52%	-245.36%	-439.07%	-629.99%	—	—
EBITDA margin	—	—	—	—	—	—	—	-219.78%	-188.26%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: SRCO (OTC)
Fiscal year ends: April 30
Headquarters: New York, NY
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 318299
Former names: TOMAHAWK INDUSTRIES INC (until Aug 27, 2004)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.