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Sparta Commercial Services Inc   (SRCO)
Other Ticker:  
 
    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 the first quarter of 2025 net loss per share of $-0.03 compare to earnings per share of $0.00 in the same quarter a year ago a decrease compare to $0.00 realized in previous quarter.


first quarter of 2025
Earnings Per Share Revenues
$ -0.03 $  0 Mill
$-0.03     Unch.     -33.28 %



Sparta Commercial Services Inc 's Revenue fell by -33.28 % in first quarter of 2025 (Jul 31 2024) year on year, to $0 million and advanced by 2.32 % sequentially.


Sparta Commercial Services Inc is

More on SRCO's Income Statement



Sparta Commercial Services Inc in the first quarter of 2025 recorded net loss of $-0.965 million, an increase from net loss of $-0.039 million in I. Quarter a year ago.

Sequentially net loss advanced

More on SRCO's Growth

Sparta Commercial Services Inc Inventories
Inventories grew by 13.54 % to $0 million from I. Quarter a year ago, sequentially inventories rose by 41.25 %. SRCO's Cash flow In the first quarter of 2025 company's net cash flow was $0 million


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

In trailing twelve-month period Sparta Commercial Services Inc payed $ -0.05 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -0.33 per share from $ -0.30.

Company repurchased 1.87 million shares or 5.80 % in Jul 31 2024.


• More on SRCO's Dividends

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 30
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




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

In trailing twelve-month period Sparta Commercial Services Inc had negative $ -0.05 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -0.33 per share from $ -0.30.

Company repurchased 1.87 million shares or 5.80 % in Jul 31 2024.


• More on SRCO's Balance Sheets

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 30
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Sparta Commercial Services Inc Earnings

Sparta Commercial Services Inc. Shows Strong Improvement in Financial Performance for January 2024 Interval

Sparta Commercial Services Inc recently released its financial results for the interval closing on January 31, 2024, showcasing some improvements compared to the previous year. The company was able to decrease its loss per share to $-0.01, a significant improvement from $-0.05 in the same period a year before. Additionally, the earnings per share (EPS) also showed signs of progress, improving from $-0.02 in the prior financial reporting period.
However, the revenue for Sparta Commercial Services Inc saw a decline of -42.302% to $0.04 million from $0.06 million in the same period a year before. Sequentially, the revenue also fell by -29.917% from $0.05 million. Despite the decrease in revenue, the company...

revenue regressed, at SRCO all along the fiscal period closing Oct 31 2023



Sparta Commercial Services Inc (SRCO) has reported disappointing financial results in the fiscal second quarter of 2024, with a significant decrease in revenue and a larger loss per share. The company's struggles have been primarily attributed to a lower turnover and diminished revenue, resulting in negative impacts on its bottom line. These results have raised concerns about the company's future prospects as it deals with declining inventories and lower year-on-year stock performance.
Revenue Drop and Increased Losses
During the fiscal second quarter of 2024, SRCO faced declining revenue and a larger loss per stock. Revenue plummeted by 7.092% year on year, reaching $0.05 million compared ...

Company's Shortfall Skyrockets in 2023 Due to Decrease in Orders

Sparta Commercial Services Inc is a company that has faced challenges in recent years, as evidenced by its dwindling revenue and increasing deficit. In the first quarter of 2024, the company experienced a significant decline in returns, with each share now valued at -$0.01. Furthermore, its revenue decreased by -9.679%, falling to a mere $0.06 million compared to the previous year.
These financial struggles are particularly concerning when considering that the Professional Services sector, on average, saw significant growth in the first quarter of 2024. In the prior financial reporting period, Sparta Commercial Services Inc generated $0.07 million in revenue, though it still reported a deficit of -$0.05 ...

Sparta Commercial Services Inc Reveals Solid Revenue Improvement with Net Loss of $-0.05 per Share in Latest Quarter, Signaling Significant Progress

Company Announces Solid Revenue Improvement but Reports Net Loss in Latest Quarter
Sparta Commercial Services Inc, a leading Professional Services company, has announced a significant revenue improvement in its recent financial report. The company reported a remarkable increase of 1102.41% year on year, amounting to $0.07 million in revenue for the three months ending April 30, 2023. However, the company also reported a net loss of $-0.05 million, unchanged from the previous quarter.
Despite the loss, it is worth noting that this is a substantial improvement from the same quarter a year ago when the company recorded a net shortfall of $-6.975 million. This demonstrates the progress made by Sparta Com...


Date modified: 2024-09-24T15:35:38+00:00





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