Filing Flows › Sparta Commercial Services (SRCO) › Q3 FY25
Sparta Commercial Services (SRCO) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 25, 2025
Sparta Commercial Services (SRCO) reported revenue of $79K for the third quarter fiscal 2025 (Q3 FY25), +115% from a year earlier and +65% from the quarter before. Operating margin was -235.1%, net loss $406K (514.1% of revenue).
Sparta Commercial Services, Q3 FY25: revenue $79K (+115% year over year), operating margin -235.1%, net loss $406K, operating cash flow −$179K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79K | +65% | +115% |
| Operating profit | −$186K | — | — |
| Net earnings | −$406K | — | — |
| Operating cash flow | −$179K | — | — |
What changed
Revenue was $79K in Q3 FY25, up 115% year over year and up 65% from the previous quarter. Merchant Financing was the largest line at 48% of revenue. Wellness Products added $9K year over year (up 128%), 20% of the total change. Information Technology declined 15%.
Gross margin was 90.6%, up 12.4 points from a year earlier. Operating costs exceeded revenue by $186K, an operating margin of -235.1%. Operating expenses grew 4% against revenue growth of 115%. The fastest-growing cost line was Other operating costs (+28%). The quarter ended with a net loss of $406K, narrower than the previous quarter's $418K loss. Net interest and other expense of $220K was the main reason.
Operating cash flow was −$179K. Working capital and other items added $227K.
Questions
What was Sparta Commercial Services' revenue in the third quarter fiscal 2025?
Sparta Commercial Services (SRCO) reported revenue of $79K for the third quarter fiscal 2025 (Q3 FY25), +115% from a year earlier and +65% from the quarter before.
Was Sparta Commercial Services profitable in the third quarter fiscal 2025?
Operating loss was $186K (-235.1% of revenue) and net loss $406K.