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SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2025-03-25

What SPARTA COMMERCIAL SERVICES, INC. reported in its quarterly report filed 2025-03-25 (fiscal Q3 2025): 31 published measures, 96 facts as tagged in accession 0001641172-25-000636.

This filing

Form
10-Q (quarterly report)
Filed
2025-03-25
Fiscal period
fiscal Q3 2025
Accession
0001641172-25-000636 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SPARTA COMMERCIAL SERVICES, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-01-31826,072USD
At 2024-04-30119,681USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-01-3111,277,716USD
At 2024-04-309,756,278USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-01-31-11,461,438USD
At 2024-04-30-10,643,131USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2025-01-3149,464USD
At 2024-04-30100,953USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-406,141USD92
2024-08-01 to 2024-10-31-417,800USD92
2024-05-01 to 2024-07-31-964,516USD92
2023-11-01 to 2024-01-31-96,043USD92
2023-08-01 to 2023-10-31-362,419USD92
2023-05-01 to 2023-07-31-208,634USD92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-05-01 to 2025-01-31-1,179,977USD276
2023-05-01 to 2024-01-31-499,244USD276

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-11-01 to 2025-01-3178,998USD92
2024-05-01 to 2025-01-31168,357USD276
2023-11-01 to 2024-01-3136,736USD92
2023-05-01 to 2024-01-31151,433USD276

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-05-01 to 2025-01-311,128,488USD276
2023-05-01 to 2024-01-31500,633USD276

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-01-31-68,587,067USD
At 2024-04-30-66,795,350USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-11-01 to 2025-01-3132,540,194shares92
2024-05-01 to 2025-01-3133,948,761shares276
2023-11-01 to 2024-01-3125,432,999shares92
2023-05-01 to 2024-01-3118,074,511shares276

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-11-01 to 2025-01-3132,540,194shares92
2024-05-01 to 2025-01-3133,948,761shares276
2023-11-01 to 2024-01-3125,432,999shares92
2023-05-01 to 2024-01-3118,074,511shares276

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-0.01USD/shares92
2024-05-01 to 2025-01-31-0.05USD/shares276
2023-11-01 to 2024-01-31-0.004USD/shares92
2023-05-01 to 2024-01-31-0.037USD/shares276

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-0.01USD/shares92
2024-05-01 to 2025-01-31-0.05USD/shares276
2023-11-01 to 2024-01-31-0.004USD/shares92
2023-05-01 to 2024-01-31-0.037USD/shares276

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-185,720USD92
2024-05-01 to 2025-01-31-858,410USD276
2023-11-01 to 2024-01-31-218,278USD92
2023-05-01 to 2024-01-31-746,523USD276

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-01-31817,072USD
At 2024-04-30110,681USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-01-3110,881,102USD
At 2024-04-309,756,278USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-01-3112,431USD
At 2024-04-306,724USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-11-01 to 2025-01-31257,270USD92
2024-05-01 to 2025-01-311,006,082USD276
2023-11-01 to 2024-01-31247,003USD92
2023-05-01 to 2024-01-31866,886USD276

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-01-314,120USD
At 2024-04-303,004USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-11-01 to 2025-01-3171,550USD92
2024-05-01 to 2025-01-31147,672USD276
2023-11-01 to 2024-01-3128,725USD92
2023-05-01 to 2024-01-31120,363USD276

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2025-01-3138,273,288shares
At 2024-04-3029,495,189shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2025-01-3156,652,273USD
At 2024-04-3055,870,123USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2025-01-31-10,451,644USD
At 2024-10-31-10,166,663USD
At 2024-07-31-10,076,915USD
At 2024-04-30-9,636,597USD
At 2024-01-31-10,368,107USD
At 2023-10-31-10,538,570USD
At 2023-07-31-10,274,679USD
At 2023-04-30-10,247,189USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2025-01-318,110,773USD
At 2024-04-307,168,481USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-406,141USD92
2024-05-01 to 2025-01-31-1,788,457USD276
2023-11-01 to 2024-01-31-96,043USD92
2023-05-01 to 2024-01-31-667,097USD276

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-411,012USD92
2024-05-01 to 2025-01-31-1,791,717USD276
2023-11-01 to 2024-01-31-99,556USD92
2023-05-01 to 2024-01-31-675,291USD276

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-11-01 to 2025-01-3141,858USD92
2024-05-01 to 2025-01-31139,209USD276
2023-11-01 to 2024-01-3178,722USD92
2023-05-01 to 2024-01-31282,273USD276

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-11-01 to 2025-01-31-220,421USD92
2024-05-01 to 2025-01-31-930,047USD276
2023-11-01 to 2024-01-31122,235USD92
2023-05-01 to 2024-01-3179,426USD276

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-05-01 to 2025-01-31611,732USD276
2023-05-01 to 2024-01-31301,043USD276

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-05-01 to 2025-01-315,707USD276
2023-05-01 to 2024-01-312,890USD276

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2024-05-01 to 2025-01-311,116USD276
2023-05-01 to 2024-01-313,831USD276

Inspect the source

Entity
SPARTA COMMERCIAL SERVICES, INC. / CIK 0000318299
Captured
2026-09-19T14:56:38.669Z
SEC response SHA-256
923b5a10d2ff28a6e30ea48c6c3110d171e0f4d28c6954f20195a0be5d70586d

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000318299.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))