SPARTA COMMERCIAL SERVICES, INC.
SRCO · Services-Business Services, NEC · 53.0M shares · +44%/yr ↑ shares · EDGAR filings ↗
Reference price $0.09 · est. market cap ~$5M — last insider purchase, 2026-01-16 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D45gen composite 39pct→61; net margin <-100%; net + operating loss; negative equity (distress); weak liquidity, no op profit
Notable findings
- Chronic dilutionShare count +44%/yr over 2y (dilution)
- Negative equityNegative book equity (debt/equity -0.72)
- Net lossNet loss (net margin -897.8%)
- Weak liquidityCurrent ratio 0.07 (<1)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
88.0%
Operating margin
-520.1%
Net margin
-897.8%
Return on equity
18.2%
Return on assets
-279.5%
Revenue growth (QoQ)
16.7%
Debt / equity
-0.7×
Current ratio
0.1×
Tangible book value
-$12M
Cash & investments
$131K
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| HAVENS ANTHONY L | Chief Executive Officer | — |
| AHMAN SANDRA L | Vice President Operations | — |
| bean jeffrey buchanan | Director | — |
| SRB KRISTIAN | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-01-16 | bean jeffrey buchanan | Buy | 73K | $0.09 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-03-23 | 2026-01-31 | 0001493152-26-012196 ↗ |
| 8-K | 2026-01-20 | 2026-01-15 | 0001493152-26-002927 ↗ |
| 10-Q | 2025-12-19 | 2025-10-31 | 0001493152-25-028506 ↗ |
| 10-Q | 2025-09-19 | 2025-07-31 | 0001493152-25-014341 ↗ |
| 10-K | 2025-08-13 | 2025-04-30 | 0001641172-25-023585 ↗ |
| 10-Q | 2025-03-25 | 2025-01-31 | 0001641172-25-000636 ↗ |
| 8-K | 2025-02-07 | 2025-02-05 | 0001493152-25-005445 ↗ |
| 10-Q | 2024-12-23 | 2024-10-31 | 0001493152-24-051860 ↗ |
| 10-Q | 2024-09-23 | 2024-07-31 | 0001493152-24-037777 ↗ |
| 10-K | 2024-08-14 | 2024-04-30 | 0001493152-24-032011 ↗ |
| 10-Q/A | 2024-06-14 | 2024-01-31 | 0001493152-24-023929 ↗ |
| 10-Q | 2024-03-25 | 2024-01-31 | 0001493152-24-011178 ↗ |