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Sparta Commercial Services In

Sparta Commercial Services, Inc. (SRCO) is a publicly traded company in the United States. It provides various services such as vehicle title loans and recovery, self-storage, and collateral loans. Here are some key points to know about the company:

1. Symbol: The ticker symbol for Sparta Commercial Services, Inc. is SRCO, and it is listed on the OTCQB market tier, which is a middle-tier over-the-counter (OTC) market for American equities run by OTC Markets Group.

2. Industry: Sparta Commercial Services is a financial services company that focuses on providing alternative financial solutions to individuals and small businesses. It operates primarily in the United States.

3. Revenue: As of the last quarter reported (Q3, 2022), Sparta Commercial Services, Inc. had a revenue of $2.34 million. The company's revenue has fluctuated over the past few years, with a high of $3.33 million in 2017 and a low of $1.95 million in 2020.

4. Net Income: As of the last quarter reported (Q3, 2022), Sparta Commercial Services, Inc. had a net income of $167,716. The company has had mixed profitability over the past few years, with net income ranging from a high of $1.19 million in 2017 to a net loss of $347,017 in 2020.

5. Growth: Sparta Commercial Services, Inc. has been expanding its services and offerings over the years. In 2020, the company launched a new subsidiary, Sparta Investment Holdings, Inc., which focuses on providing equipment financing and leasing services. The company also continues to explore strategic acquisition opportunities to expand its reach and product offerings.

It is important to remember that the financial performance of a publicly traded company can be influenced by a variety of factors such as economic conditions, industry trends, regulatory changes, and company-specific factors. Therefore, it's important to monitor the company's financial statements and news to get a more comprehensive view of Sparta Commercial Services, Inc.'s performance.