SPARTA COMMERCIAL SERVICES, INC. Income Statement
SRCO|14 years of annual SEC 10-K data (FY2010-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 5.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -86.62 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $235.5K | $192.0K | $256.9K | $245.5K | $259.7K | $320.8K | $384.7K | $547.7K | $547.7K | $635.9K | - | $601.8K | $513.8K |
| Cost of Revenue | - | $28.2K | $36.8K | $43.0K | $50.6K | $61.0K | $60.3K | $29.6K | $49.6K | $49.6K | $111.2K | $145.9K | $96.3K | - |
| Gross Profit | - | $207.4K | $155.3K | $213.9K | $194.9K | $198.7K | $260.5K | $355.1K | $498.2K | $498.2K | $524.7K | $267.7K | $193.3K | - |
| SG&A Expense | - | $196.0K | $184.9K | $251.4K | $895.6K | $1.4M | $1.1M | $1.2M | $1.5M | $1.5M | $2.7M | $1.7M | $923.3K | $2.8M |
| R&D Expense | - | - | - | - | $217.1K | - | - | - | - | - | - | - | - | - |
| Operating Income | - | -$1.2M | -$864.5K | -$1.4M | -$1.7M | -$1.2M | -$792.0K | -$847.0K | -$984.6K | -$984.6K | -$2.2M | -$1.4M | -$741.2K | -$2.4M |
| Income Tax | - | - | - | - | - | - | - | - | - | - | - | $0 | $0 | - |
| Net Income | - | -$2.1M | -$607.3K | $1.0M | -$2.2M | -$2.3M | -$787.2K | -$1.7M | -$2.8M | -$2.6M | -$5.6M | -$3.7M | -$2.2M | -$3.7M |
| EPS (Basic) | -$0.02 | $0.05 | -$0.16 | -$0.37 | - | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.02 | $0.05 | -$0.16 | - | -$0.13 | -$0.00 | -$0.01 | -$0.00 | -$0.03 | -$0.01 | -$0.03 | -$0.63 | -$0.27 | -$0.63 |
| Shares Outstanding | 7.0M | 23.0M | 15.1M | 9.8M | 627.1M | 627.1M | 620.9M | 620.9M | 419.9M | 419.9M | 43.2M | 6.4M | 7.6M | 5.8M |
| Gross Margin | - | 88.0% | 80.8% | 83.3% | 79.4% | 76.5% | 81.2% | 92.3% | 91.0% | 91.0% | 82.5% | - | 32.1% | - |
| Operating Margin | - | -520.1% | -450.2% | -540.9% | -681.6% | -460.5% | -246.9% | -220.2% | -179.8% | -179.8% | -339.1% | - | -123.2% | -462.0% |
| Profit Margin | - | -897.8% | -316.2% | 397.2% | -894.5% | -877.1% | -245.4% | -439.1% | -518.5% | -475.4% | -874.0% | - | -357.3% | -725.9% |