Sparta Commercial Services, Inc. Reports Earnings Results for the Full Year Ended April 30, 2020
August 13, 2020 at 04:33 pm
Share
Sparta Commercial Services, Inc. announced earnings results for the full year ended April 30, 2020. For the full year, the company announced total revenue was USD 320,847 compared to USD 384,665 a year ago. Operating loss was USD 792,029 compared to USD 847,003 a year ago. Net loss was USD 786,456 compared to USD 1.688 million a year ago. Basic loss per share was USD 0.001 compared to USD 0.003 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.
SPARTA COMMERCIAL SERVICES, INC. 
