Sparta Commercial Services, INC. (SRCO) — SEC Filings

Q: What are the key financial highlights for Sparta Commercial Services, INC.?

Key financial highlights for Sparta Commercial Services, INC. are extracted from the most recent 10-K or 10-Q filings, including revenue, net income, EPS, debt-to-equity, cash position, and operating margin.

Q: Who are the key executives at Sparta Commercial Services, INC.?

Key executives at Sparta Commercial Services, INC. are identified from SEC filings including 10-K annual reports, proxy statements, and insider trade forms.

Q: What are the main risk factors for Sparta Commercial Services, INC. stock?

Risk factors for Sparta Commercial Services, INC. (SRCO) are assessed from SEC filings using AI analysis. Each filing is categorized as high, medium, or low risk based on disclosed risk factors and financial indicators.

Q: What are recent predictions and forward guidance from Sparta Commercial Services, INC.?

Forward-looking statements and predictions from Sparta Commercial Services, INC. are extracted from SEC filings including earnings reports, annual reports, and current event filings.

Latest SEC filings for Sparta Commercial Services, INC.. Recent 10-Q filing on Mar 23, 2026. AI-decoded analysis of earnings, risk factors, and insider tra

View Sparta Commercial Services, INC. on SEC EDGAR

Overview

Sparta Commercial Services, INC. (SRCO) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Mar 23, 2026: SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported a net loss of $1,399,213 for the nine months ended January 31, 2026, a significant improvement from the $1,788,457 net loss in the prior year, representing a 21.7% reduction. Total revenue increased by 71.2% to $288,157 for the nine months ended Janua

Sentiment Summary

Across 12 filings, the sentiment breakdown is: 2 bearish, 8 neutral, 2 mixed. The dominant filing sentiment for Sparta Commercial Services, INC. is neutral.

Filing Type Overview

Sparta Commercial Services, INC. (SRCO) has filed 7 10-Q, 2 10-K, 2 8-K, 1 10-Q/A with the SEC between Feb 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (12)

Sparta Commercial Services Narrows Loss on Surging Merchant Financing — 10-Q · Mar 23, 2026 Risk: high
SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported a net loss of $1,399,213 for the nine months ended January 31, 2026, a significant improvement from the $1,788,
Sparta Commercial Services Sees Revenue Surge, Net Loss Widens — 10-Q · Dec 19, 2025 Risk: high
SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported a significant increase in total revenue for the three months ended October 31, 2025, reaching $99,307, up 107.7
Sparta Commercial Services Revenue Surges 132% Amidst Reduced Net Loss — 10-Q · Sep 19, 2025 Risk: high
SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported a significant increase in total revenue for the three months ended July 31, 2025, reaching $96,688, a 132.6% in
Sparta Commercial Faces 'Going Concern' Doubt Amidst $68.9M Deficit — 10-K · Aug 13, 2025 Risk: high
SPARTA COMMERCIAL SERVICES, INC. (SRCO) reported an accumulated deficit of $68,918,984 and negative working capital of $9,569,218 as of April 30, 2025, indicati
Sparta Commercial Services Files Q3 10-Q — 10-Q · Mar 25, 2025 Risk: low
SPARTA COMMERCIAL SERVICES, INC. filed its 10-Q for the period ending January 31, 2025. The filing covers the third quarter of their fiscal year, which ends on
Sparta Commercial Services Files 8-K on Equity Sales — 8-K · Feb 7, 2025 Risk: medium
On February 5, 2025, SPARTA COMMERCIAL SERVICES, INC. filed an 8-K report detailing unregistered sales of equity securities. The filing also includes financial
Sparta Commercial Services Files 10-Q for Q2 FY25 — 10-Q · Dec 23, 2024 Risk: medium
Sparta Commercial Services, Inc. filed its 10-Q for the period ending October 31, 2024. The filing covers the second quarter of fiscal year 2025. Key financial
Sparta Commercial Services Files 10-Q for July 31, 2024 — 10-Q · Sep 23, 2024 Risk: medium
Sparta Commercial Services, Inc. filed its 10-Q for the period ending July 31, 2024. The filing details financial performance and operational updates for the co
Sparta Commercial Services Files 2024 10-K — 10-K · Aug 14, 2024 Risk: medium
Sparta Commercial Services, Inc. filed its 10-K for the fiscal year ending April 30, 2024. The filing details the company's financial performance and business o
Sparta Commercial Services Files 10-Q/A for Q3 — 10-Q/A · Jun 14, 2024 Risk: low
SPARTA COMMERCIAL SERVICES, INC. filed a 10-Q/A on June 14, 2024, for the period ending January 31, 2024. The filing pertains to their third quarter and include
Sparta Commercial Services, Inc. Files 10-Q for Period Ending January 31, 2024 — 10-Q · Mar 25, 2024 Risk:
SPARTA COMMERCIAL SERVICES, INC. (SRCO) filed a Quarterly Report (10-Q) with the SEC on March 25, 2024. Filing is a 10-Q for Sparta Commercial Services, Inc. fo
Sparta Commercial Services Sells $12,000 in Unregistered Equity — 8-K · Feb 23, 2024 Risk: medium
SPARTA COMMERCIAL SERVICES, INC. (Sparta) reported unregistered sales of equity securities on February 21, 2024. The company issued 1,000,000 shares of common s

Risk Profile

Risk Assessment: Of SRCO's 11 recent filings, 4 were flagged as high-risk, 5 as medium-risk, and 2 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Sparta Commercial Services, INC.'s most recent 10-Q filing (Mar 23, 2026):

Revenue: $288,157
Net Income: -$1,399,213
EPS: N/A
Debt-to-Equity: N/A
Cash Position: $70,116
Operating Margin: N/A
Total Assets: N/A
Total Debt: N/A

Industry Context

Sparta Commercial Services operates across FinTech, Financial Services, E-Commerce & Mobile Technology, and Health and Wellness. The company's historical roots are in Powersports consumer finance, but it has diversified its offerings. The current financial performance highlights a strong growth in merchant financing, suggesting a strategic shift or success in this particular FinTech-related area.

Top Tags

FinTech (4) · Small Cap (4) · 10-Q (4) · Revenue Growth (3) · financials (3) · Merchant Financing (2) · High Debt (2) · E-commerce (2) · Health and Wellness (2) · reporting (2)

Key Numbers

Net Loss: $1,399,213 — 21.7% reduction from prior year's $1,788,457 net loss for the nine months ended January 31, 2026
Total Revenue: $288,157 — 71.2% increase from $168,357 for the nine months ended January 31, 2026
Merchant Financing Revenue: $158,705 — 191.9% increase from $54,365 for the nine months ended January 31, 2026
Information Technology Revenue: $100,496 — 14.7% increase from $87,638 for the nine months ended January 31, 2026
Accumulated Deficit: $70,342,036 — Increased from $68,918,984 as of April 30, 2025
Cash and Cash Equivalents: $70,116 — Decreased from $131,003 as of April 30, 2025
Interest Expense on Notes: $688,021 — Increased from $493,257 for the nine months ended January 31, 2025
Total Current Liabilities: $11,390,657 — Increased from $10,316,797 as of April 30, 2025
Net Cash Provided by Financing Activities: $664,200 — Offsetting net cash used in operating activities of $725,087
Common Shares Outstanding: 52,992,665 — As of March 23, 2026
Total Liabilities: $11,922,727 — Increased from $11,349,644 as of April 30, 2025.
Current Portion Notes Payable: $8,642,653 — Increased from $7,973,762 as of April 30, 2025.
Total Assets: $860,561 — As of October 31, 2025, significantly lower than total liabilities.
Shares of Common Stock Issued and Outstanding: 45,652,956 — As of December 19, 2025.
Loss in Changes in Fair Value of Derivative Liability: $69,877 — Contributed to increased other expense for the three months ended October 31, 2025, compared to a gain of $99,588 in 2024.

Frequently Asked Questions

What are the latest SEC filings for Sparta Commercial Services, INC. (SRCO)?

Sparta Commercial Services, INC. has 12 recent SEC filings from Feb 2024 to Mar 2026, including 7 10-Q, 2 10-K, 2 8-K. Each filing includes an AI-generated plain-English summary.

What is the overall sentiment of SRCO filings?

Across 12 filings, the sentiment breakdown is: 2 bearish, 8 neutral, 2 mixed. The dominant sentiment is neutral.

Where can I find Sparta Commercial Services, INC. SEC filings explained simply?

ReadTheFiling provides AI-powered plain-English summaries of all Sparta Commercial Services, INC. (SRCO) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.

What are the key financial highlights for Sparta Commercial Services, INC.?

Key financial highlights from Sparta Commercial Services, INC.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.

What is the investment thesis for SRCO?

The investment thesis for SRCO includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.

Who are the key executives at Sparta Commercial Services, INC.?

Executive information for Sparta Commercial Services, INC. is extracted from SEC filings as they are enriched with AI analysis.

What are the main risk factors for Sparta Commercial Services, INC. stock?

Of SRCO's 11 assessed filings, 4 were flagged high-risk, 5 medium-risk, and 2 low-risk.

What are recent predictions and forward guidance from Sparta Commercial Services, INC.?

Forward guidance and predictions for Sparta Commercial Services, INC. are extracted from SEC filings as they are enriched.