SRCO · Sparta Commercial Services, Inc. · Financials
$0.07
+0.01 (+16.10%)
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— flagged Sep 21, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of July 31, 2026, the Company had an accumulated deficit of $72,289,995 and a working capital deficit (total current liabilities exceeded total current assets) of $11,842,251. The Company's cash balance and revenues generated are not currently sufficient and cannot be projected to cover its operating expenses for the next twelve months from the filing date of this report. These factors among others raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.”View the 10-Q filed Sep 21, 2026
Market Cap
$4.01M
Shares
56.21M
Volume · Oct 20
2385
Avg daily vol (24 sessions)
31.04K
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$345.31K
+46.6%
FY2026
Net Income
-$2.85M
-34.9%
FY2026
Gross Margin
91.85%
+3.8pp
FY2026
Operating Margin
-611.77%
-91.7pp
FY2026
Diluted EPS
-$0.06
0%
FY2026
Operating Cash Flow
-$779.57K
+36.6%
FY2026
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $296.32K | $345.31K | $235.54K | $192.04K | $256.91K | $245.47K | $259.73K | $320.85K | $384.67K | $446.16K | $547.71K | $635.91K | — | — | — | $601.83K | $513.77K | |
| $121.72K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $135.31K | $112.47K | |
| $26.56K | $28.13K | $28.18K | $36.77K | $42.96K | $50.58K | $60.99K | $60.34K | $29.6K | $43.26K | $49.56K | $111.19K | $192.11K | $154.96K | $145.86K | $96.31K | — | |
| $269.77K | $317.19K | $207.37K | $155.27K | $213.95K | $194.89K | $198.75K | $260.51K | $355.06K | $402.9K | $498.15K | $524.72K | $412.73K | $321.06K | $267.74K | $193.32K | — | |
| — | 91.85% | 88.04% | 80.85% | 83.28% | 79.39% | 76.52% | 81.19% | 92.3% | 90.3% | 90.95% | 82.52% | — | — | — | 32.12% | — | |
| — | — | — | — | — | $217.14K | — | — | — | — | — | — | — | — | — | — | — | |
| $228.69K | $221.79K | $196K | $184.93K | $251.39K | $895.57K | $1.39M | $1.05M | $1.2M | $1.24M | $1.48M | $2.68M | $3.11M | $2.24M | $1.69M | $923.35K | $2.8M | |
| — | — | — | — | — | — | — | $357 | $1595 | $2475 | $2475 | $3147 | $3848 | $4572 | $6953 | $11.17K | $92.39K | |
| $2.56M | $2.43M | $1.43M | $1.02M | $1.6M | $1.87M | $1.39M | $1.05M | $1.2M | $1.25M | $1.48M | $2.68M | $3.11M | $2.24M | $1.7M | $934.52K | $2.89M | |
| -$2.29M | -$2.11M | -$1.23M | -$864.49K | -$1.39M | -$1.67M | -$1.2M | -$792.03K | -$847K | -$842.42K | -$984.6K | -$2.16M | -$2.7M | -$1.92M | -$1.43M | -$741.2K | -$2.37M | |
| — | -611.77% | -520.11% | -450.16% | -540.92% | -681.57% | -460.53% | -246.86% | -220.19% | -188.82% | -179.77% | -339.14% | — | — | — | -123.16% | -462.03% | |
| — | — | — | — | — | — | — | -$791.67K | -$845.41K | -$839.95K | -$982.12K | -$2.15M | -$2.7M | -$1.92M | -$1.42M | -$730.03K | -$2.28M | |
| $878.12K | $858.81K | $656.81K | $580.64K | $528.18K | — | — | — | — | — | — | — | — | — | — | — | — | |
| $41.75K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $105.36K | $240.92K | |
| -$625.24K | -$741.09K | -$889.64K | $257.24K | $2.42M | -$514.1K | -$1.09M | $18.83K | $823.12K | $1.96M | $1.59M | $3.37M | -$1.99M | -$957.98K | -$1.29M | -$339.12K | -$1.29M | |
| -$5.09M | — | — | — | — | — | — | — | — | — | — | -$5.53M | -$4.69M | -$2.88M | -$2.72M | -$996.12K | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| -$2.91M | -$2.85M | -$2.11M | -$607.25K | $1.02M | -$2.2M | -$2.28M | -$787.22K | -$1.69M | -$2.84M | -$2.6M | -$5.58M | -$4.92M | -$3.27M | -$3.73M | -$2.15M | -$3.73M | |
| — | -826.39% | -897.8% | -316.21% | 397.21% | -894.52% | -877.05% | -245.36% | -439.07% | -636.5% | -475.43% | -877.46% | — | — | — | -357.3% | -725.89% | |
| -$25.82K | $17.87K | $8916 | $37.24K | $9080 | $8624 | $12.75K | $13.26K | $18.07K | $28.3K | $23.32K | $21.24K | -$17.08K | -$53.77K | -$34.96K | -$38.09K | -$92.21K | |
| -$2.89M | -$2.87M | -$2.12M | -$644.49K | $1.02M | -$2.2M | -$2.3M | -$787.22K | — | -$2.84M | -$2.63M | -$5.58M | — | — | — | — | — | |
| USD/shares | -$0.06 | -$0.06 | -$0.06 | -$0.02 | $0.05 | -$0.16 | -$0.37 | — | — | — | — | — | -$18.00 | $16.00 | — | — | — |
| USD/shares | -$0.06 | -$0.06 | -$0.06 | -$0.02 | $0.05 | -$0.16 | — | — | — | — | — | — | -$19.00 | $19.00 | — | — | — |
| shares | — | 45.05M | 35.6M | 28.26M | 19.38M | 13.69M | 6.27M | 6.27M | 6.26M | 5.98M | 5.38M | 1.7M | 264.4K | 176.38K | 111.4K | 75.7K | 58.15K |
| shares | — | 45.05M | 35.6M | 28.26M | 19.38M | 13.69M | 7.13M | 6.27M | 6.26M | 5.98M | 5.38M | 1.7M | 264.4K | 176.38K | 111.4K | 75.7K | 58.15K |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of notes payable | 2026-07-31 | USD 9,504,042 | 10-Q filed 2026-09-21 |
| Noncurrent loans payable | 2026-07-31 | USD 653,690 | 10-Q filed 2026-09-21 |
| Noncurrent notes payable | 2026-07-31 | USD 104,939 | 10-Q filed 2026-09-21 |
| Short-term borrowings | 2026-07-31 | USD 1,585 | 10-Q filed 2026-09-21 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
40.75×
Peer median 0.91×
EV/EBIT
—
P/E (TTM)
—
Peer medians compare against the 73 similar-size Software - Application companies (of 233 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Merchant Financing | $173,258 | $79,511 | — | — | — | — |
| Information Technology | $141,138 | $118,266 | $166,670 | $235,134 | $219,404 | $245,675 |
| Wellness Products | $30,916 | $37,767 | $25,370 | — | — | — |
| New World Health Brands | — | — | — | $21,772 | $26,065 | $14,056 |