SRCO (Sparta Commercial Services) Retained Earnings: $-70.34 Mil (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sparta Commercial Services Retained Earnings?

Sparta Commercial Services SRCO +5.88% Retained Earnings is $-70.34 Mil as of Jan. 2026. The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sparta Commercial Services's retained earnings for the quarter that ended in Jan. 2026 was $-70.34 Mil.

Sparta Commercial Services's quarterly retained earnings declined from Jul. 2025 ($-69.40 Mil) to Oct. 2025 ($-69.93 Mil) and declined from Oct. 2025 ($-69.93 Mil) to Jan. 2026 ($-70.34 Mil).

Sparta Commercial Services's annual retained earnings declined from Apr. 2023 ($-66.15 Mil) to Apr. 2024 ($-66.80 Mil) and declined from Apr. 2024 ($-66.80 Mil) to Apr. 2025 ($-68.92 Mil).

Sparta Commercial Services  (OTCPK:SRCO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Sparta Commercial Services Retained Earnings Historical Data

* Premium members only.

The historical data trend for Sparta Commercial Services's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sparta Commercial Services Retained Earnings Chart

Sparta Commercial Services Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.99 -67.18 -66.15 -66.80 -68.92

Sparta Commercial Services Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -68.59 -68.92 -69.40 -69.93 -70.34

Sparta Commercial Services Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-70.34 Mil mean?
Sparta Commercial Services (SRCO) has a Retained Earnings of $-70.34 Mil as of Jan. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sparta Commercial Services and its competitors.
Is Sparta Commercial Services' Retained Earnings too high?
Sparta Commercial Services' current Retained Earnings is $-70.34 Mil.
How does Sparta Commercial Services' Retained Earnings compare to MASK and ONEI?
Sparta Commercial Services' Retained Earnings of $-70.34 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sparta Commercial Services and its competitors. Sparta Commercial Services's current Retained Earnings is $-70.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Commercial Services stock overvalued right now?
Based on GuruFocus' analysis, Sparta Commercial Services (SRCO) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.11, compared to a current price of $0.09 — trading 18.2% below its estimated fair value. The current Retained Earnings is $-70.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Sparta Commercial Services (SRCO), the current Retained Earnings is $-70.34 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sparta Commercial Services Business Description

Address 555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates revenue from Information Technology, Wellness products, and Merchant financing.