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SPARTA COMMERCIAL SERVICES, INC.

corporate_fare Company Profile

SPARTA COMMERCIAL SERVICES, INC.

SRCO·OTC·Trade & Services·CIK 0000318299

SPARTA COMMERCIAL SERVICES, INC. is a Nevada corporation headquartered in New York, New York, with subsidiary addresses in Stamford, CT. The company operates as a multi-disciplined parent corporation across four primary business sectors: FinTech Services, Financial Services, E-Commerce & Mobile Technology, and Health and Wellness. Its operations are conducted through wholly owned subsidiaries and joint ventures that provide specialized financing products, technology-driven solutions, and consumer wellness offerings. Sparta's origins are in the Powersports consumer finance industry, where it historically provided retail installment loans and leases through authorized motorcycle dealerships in 33 states, supported by financing lines of credit from institutional lenders. The company maintained a full underwriting and servicing platform for its portfolio until discontinuing its consumer loans and leases business after the 2008 financial crisis. Under its FinTech Services sector, Sparta operates Agoge Global USA, Inc., formed in December 2022 as a subsidiary of Sparta Crypto, Inc. Agoge addresses inefficiencies in cross-border trade between the United States and Brazil. Agoge entered into a joint venture with WeDev Group Ltda., a Brazilian technology and blockchain development firm, to create and operate a digital platform for international trade finance. This joint venture developed EZBroker360, a blockchain-enabled platform utilizing stablecoins and distributed ledger technology to reduce transaction times from days to hours, lower cross-border payment costs, and improve security, transparency, and auditability. EZBroker360 also provides staged financing for freightage, customs duties, and taxes; assistance with Brazilian tax and regulatory compliance; import/export documentation preparation; industry introductions and market entry facilitation; and reselling and distribution support in other jurisdictions. Agoge focuses on financing gaps in trade transactions not traditionally served by conventional banks. Since inception, the company's loan deployment has reached $2 million.

SPARTA COMMERCIAL SERVICES, INC. (OTC:SRCO) is a publicly traded company in the Trade & Services sector. Wiseek has independently scored 4 items for SRCO at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-13, rated 8/10. Across its 4 most recent items scored 7 or higher, the top rating is 10/10, with 3 rated 8 or above. Recent SEC coverage for SRCO spans 10-K, 10-Q, 8-K.

Recent high-impact activity:

  • Sparta Commercial Services 10-K: Going Concern, Material Weaknesses, and $751K Credit Loss
  • Catastrophic $405M Q3 Net Loss Reported by Sparta Commercial Services, Dwarfing Market Cap
  • SPARTA COMMERCIAL SERVICES Faces Going Concern Doubt Amidst Severe Dilution and Internal Control Failures
  • SPARTA COMMERCIAL SERVICES Grants 4.36M Stock Options to Executives and Directors

Financial Snapshot

Fiscal year ended April 30, 2026
Revenue
$345.31K
Net Income
-$2.85M
Diluted EPS
-$0.06
Op. Cash Flow
-$779.57K
Gross Profit
$317.19K
Operating Income
-$2.11M
Cash & Equivalents
$118.13K
Total Debt
$1.58K
Debt / Equity
-0.00×
Net Margin
-8.26×
Shares Outstanding
53.6M sh
Source: 10-K · filed 2026-08-13 · accession 0001493152-26-037876

Dilution Risk

Low risk

Filing-implied dilution signals for SRCO, detected from its recent SEC filings · based on capital-structure filings through 2026-03-23.

Going Concern Warning Issued · Material Weaknesses in Internal Controls

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$0.0601 -0.01% today
52-week range · as of 2026-08-13 $0.0601 – $0.3085
Market cap
$3.28M
Volume
25.3K (0.9× avg)
3-mo avg 29.2K
Live data · 2026-09-13 20:42 UTC · Market closed

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feed SRCO - Latest Insights

SRCO
Aug 13, 2026, 5:28 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $0.085
Real-time Price: $0.0601 info
Change: -$0.0249 (-29%) info
Market Cap: $3.284M info
SRCO
Mar 23, 2026, 5:21 PM EDT
Source: Wiseek News
Importance Score:
10
Price at Filing: $0.09505
Real-time Price: $0.0601 info
Change: -$0.03495 (-37%) info
Market Cap: $3.284M info
SRCO
Mar 23, 2026, 5:15 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.09505
Real-time Price: $0.0601 info
Change: -$0.03495 (-37%) info
Market Cap: $3.284M info
SRCO
Jan 20, 2026, 5:16 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.122
Real-time Price: $0.0601 info
Change: -$0.0619 (-51%) info
Market Cap: $3.284M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets