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Sparta Commercial Services Inc.  (SRCO)
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    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services


 

Sparta Commercial Services Inc.

SRCO's Financial Statements and Analysis



Sparta Commercial Services Inc. reported in I. Quarter net earnings per share of $0.07 an increase by 0 % year on year from $0.00 and an improvement compare to net loss per share of $-0.98 realized in previous quarter.


I. Quarter
Earnings Per Share Revenues
$ 0.07 $  0 Mill
$+0.07     Unch.     +28.95 %



Sparta Commercial Services's Revenue rose by 28.95 % in I. Quarter (Jul 31 2022) year on year, to $0 million and advanced by 1121.7 % sequentially.


Sparta Commercial Services is Expected to report next financial results on December 14, 2022.

More on SRCO's Income Statement



Sparta Commercial Services's net income of $1.105 million in I. Quarter increased from net loss of $-0.120 million III. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-6.975 million recorded in previous quarter.

More on SRCO's Growth

Inventories declined by -56.57 % to $0.01 million from III. Quarter a year ago, sequentially inventories fell by -3.63 %. In I. Quarter company's net cash and cash equivalents decreased by $0 million


Sparta Commercial Services Inc. does not pay out common stock dividend.

In trailing twelve-month period Sparta Commercial Services Inc. payed $ -0.07 cash per share, on a free-cash flow basis .