Sparta Commercial Services, Inc. Reports Earnings Results for the Full Year Ended April 30, 2021
August 16, 2021 at 06:59 pm IST
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Sparta Commercial Services, Inc. announced earnings results for the full year ended April 30, 2021. For the full year, the company announced total revenue was USD 259,731 compared to USD 320,847 a year ago. Operating loss was USD 1.196 million compared to USD 792,029 a year ago. Net loss was USD 2.303 million compared to USD 786,456 a year ago. Basic loss per share was USD 0.323 compared to USD 0.1255 a year ago. Basic loss per share from continuing operations was USD 0.323 compared to USD 0.1254 a year ago.
Sparta Commercial Services, Inc. operates across three business sectors, including financial services, e-commerce and mobile technology, and health and wellness. The Company provides retail installment loans and leases through authorized motorcycle dealerships. It also creates and maintains a full underwriting and servicing platform for its portfolio. It is available online and at a range of various dealership websites and showrooms, including Cyclechex, RVchex, and Truckchex. With iMobile App, the Company provides mobile technology services, including Web and mobile application creation, development and management for a range of businesses to increase revenue, build brand recognition, and improve customer engagement. It also offers an online B to C Website: www.newworldhealthbrands.com, featuring dietary supplements, including vitamins and minerals, such as, Iodine for children and adults, Boron, copper/Zinc/Selenium, Magnesium, Spermidine, Vitamin B Complex, Vitamin C, and PQQ.