Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for agriculture dealerships, racetracks, private clubs, country clubs, restaurants, and grocery stores. The company also owns and manages websites, which sell on-demand motorcycle, recreational vehicle, power-sport vehicle, and truck title history reports for consumers, retail dealers, auction houses, insurance companies, and banks/finance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services. In addition, it offers eCommerce, customer relationship management development and integration, ordering system creation and integration, search engine optimization, social media marketing, and online reviews website services to its clients. Further, the company provides an equipment-leasing product for local and state agencies that helps to finance their essential equipment needs, including police motorcycles, cruisers, buses, fire trucks, and EMS equipment; and a range of hemp-derived cannabinol products through newworldhealthcbd.com. The company was incorporated in 1980 and is headquartered in New York, New York.
Company profile
Ticker
SRCO
Exchange
Website
CEO
Mr. Anthony L. Havens
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
The TJX Companies, Inc. • Triumph • Hormel Foods • DPL • Woodward • AAR • Lands' End • Topgolf Callaway Brands • Destination XL • Alico ...
Former names
TOMAHAWK INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
iMobile Solutions, Inc. • New World Health Brands, Inc. • Sparta Crypto, Inc. • Agoge Global USA, Inc. ...
IRS number
300298178
SRCO stock data
Latest filings (excl ownership)
10-Q
2025 Q1
Quarterly report
23 Sep 24
NT 10-Q
Notice of late quarterly filing
16 Sep 24
10-K
2024 FY
Annual report
14 Aug 24
NT 10-K
Notice of late annual filing
29 Jul 24
10-Q
2024 Q3
Quarterly report
25 Mar 24
NT 10-Q
Notice of late quarterly filing
18 Mar 24
8-K
Unregistered Sales of Equity Securities
23 Feb 24
10-Q
2024 Q2
Quarterly report
20 Dec 23
NT 10-Q
Notice of late quarterly filing
15 Dec 23
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Apr 24 | Apr 23 | Apr 22 | Apr 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 136.49 k | 136.49 k | 136.49 k | 136.49 k | 136.49 k | 136.49 k |
Cash burn (monthly) | (no burn) | (no burn) | 114.60 k | 78.88 k | 149.82 k | 117.85 k |
Cash used (since last report) | n/a | n/a | 391.09 k | 269.21 k | 511.30 k | 402.19 k |
Cash remaining | n/a | n/a | -254.60 k | -132.72 k | -374.81 k | -265.70 k |
Runway (months of cash) | n/a | n/a | -2.2 | -1.7 | -2.5 | -2.3 |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Oct 24 | bean jeffrey buchanan | Common Stock | Buy | Acquire P | No | No | 0.3797 | 5,000 | 1.90 k | 1,188,233 |
15 May 24 | bean jeffrey buchanan | Common Stock | Buy | Acquire P | Yes | No | 0.066 | 75,702 | 5.00 k | 1,147,382 |
15 May 24 | bean jeffrey buchanan | Warrant Common Stock | Grant | Acquire A | Yes | No | 0.3 | 35,851 | 10.76 k | 1,183,233 |
21 Feb 24 | Anthony L Havens | NQSO Common Stock | Grant | Acquire A | No | No | 0.14 | 1,400,000 | 196.00 k | 6,767,908 |
21 Feb 24 | bean jeffrey buchanan | NQSO Common Stock | Grant | Acquire A | No | No | 0.14 | 200,000 | 28.00 k | 1,071,680 |
21 Feb 24 | Kristian SRB | NQSO Common Stock | Grant | Acquire A | No | No | 0.14 | 200,000 | 28.00 k | 1,540,932 |
Press releases
The MicroCap Rodeo Fall Conference to Host Executive Teams of 19 Companies on October 16th in NYC
15 Oct 24
Sparta Commercial Services, Inc. Reports Great Results with Early EZBroker360 Adopters in its Agoge Subsidiary
8 Oct 24
Sparta Commercial Unveils EZBroker360 at 2024 Startup Summit Hosted by Wedev Group in Brazil
27 Aug 24