Sparta Commercial Services, Inc. (SRCO)

SRCO Income Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Operating Revenue	0.16	0.19	0.26	0.25	0.26
Other Revenue	0.08	-	-	-	-
Revenue	0.24	0.19	0.26	0.25	0.26
Revenue Growth (YoY)	22.65%	-25.25%	4.66%	-5.49%	-19.05%
Cost of Revenue	0.03	0.04	0.04	0.05	0.06
Gross Profit	0.21	0.16	0.21	0.19	0.2
Selling, General & Admin	1.43	1.02	1.6	1.87	1.39
Operating Expenses	1.43	1.02	1.6	1.87	1.39
Operating Income	-1.23	-0.86	-1.39	-1.67	-1.2
Interest Expense	-0.66	-0.58	-0.53	-0.43	-0.72
Other Non Operating Income (Expenses)	-0.23	0.28	2.18	-0.09	-0.5
EBT Excluding Unusual Items	-2.11	-1.16	0.26	-2.19	-2.42
Other Unusual Items	-	0.56	0.77	-	0.13
Pretax Income	-2.11	-0.61	1.03	-2.19	-2.29
Earnings From Continuing Operations	-2.11	-0.61	1.03	-2.19	-2.29
Net Income to Company	-2.11	-0.61	1.03	-2.19	-2.29
Minority Interest in Earnings	-0.01	-0.04	-0.01	-0.01	-0.01
Net Income	-2.12	-0.64	1.02	-2.2	-2.3
Preferred Dividends & Other Adjustments	-	-	-	-	0
Net Income to Common	-2.12	-0.64	1.02	-2.2	-2.3
Shares Outstanding (Basic)	36	28	19	14	7
Shares Outstanding (Diluted)	36	28	19	14	7
Shares Change (YoY)	25.99%	45.81%	41.58%	91.92%	13.73%
EPS (Basic)	-0.06	-0.02	0.05	-0.16	-0.32
EPS (Diluted)	-0.06	-0.02	0.05	-0.16	-0.32
Free Cash Flow	-1.23	-1.21	-3.08	-2.07	-0.68
Free Cash Flow Per Share	-0.04	-0.04	-0.16	-0.15	-0.10
Gross Margin	88.04%	80.85%	83.28%	79.39%	76.52%
Operating Margin	-520.11%	-450.16%	-540.92%	-681.57%	-460.53%
Profit Margin	-901.59%	-335.60%	397.21%	-894.52%	-886.94%
Free Cash Flow Margin	-522.06%	-632.38%	-1200.74%	-841.72%	-261.19%
EBITDA	-	-	-	-1.32	-1.2
D&A For EBITDA	-	-	-	0.35	0
EBIT	-1.23	-0.86	-1.39	-1.67	-1.2
Revenue as Reported	0.24	0.19	0.26	0.25	0.26

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.