Sparta Commercial Services, Inc.
Period Ending Apr 30, 2014 Apr 30, 2013 Apr 30, 2012 Apr 30, 2011
Total Revenue 476 414 290 514
Cost of Revenue 155 146 96 -
Gross Profit 321 268 193 514
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 2,240 1,692 923 2,795
Non-Recurring Items - - - -
Other 5 7 11 92
Operating Income (1,924) (1,432) (741) (2,374)
Income From Continuing Operations
Add'l Income/Expense Items (620) (956) 209 (896)
Earnings Before Interest and Tax (2,544) (2,388) (532) (3,269)
Interest Expense 338 336 464 394
Earnings Before Tax (2,882) (2,724) (996) (3,664)
Income Tax - - - -
Minority Interest (54) (35) (38) (92)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,882) (2,724) (958) (3,572)
Non Recurring Events
Discontinued Operations (280) (880) (1,034) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (3,162) (3,604) (1,992) (3,572)
Preferred Stock and Other Adjustments (157) (158) (158) (158)
Net Income Applicable to Common Shareholders (3,266) (3,727) (2,150) (3,729)