Sparta Commercial Services Inc
spartacommercial.comWhat Do They Do?
Provides staged trade financing to Brazilian importers, business technology to companies, and wellness products to consumers.
10-K for FY2026, filed Aug 13, 2026Formed in December 2022 as a subsidiary of Sparta Crypto, Inc., Agoge Global USA, Inc. (“Agoge”) was established to address inefficiencies…View ↗
The joint venture developed EZBroker360, a blockchain-enabled platform utilizing stablecoins and distributed ledger technology to:View ↗
Mobile Application Development – Through our “iMobileApp” brand (www.imobileapp.com), we create, host, and maintain custom mobile…View ↗
In August 2020, NWHB began offering nutritional supplements in response to shifting consumer preferences during the COVID-19 pandemic. Our…View ↗
How Do They Make Money?
Brazilian importers pay for staged trade financing and payment services, with financing revenue earned monthly based on outstanding loan balances. Businesses subscribe to mobile-app services; vehicle-history reports and wellness products generate revenue upon delivery.
10-K for FY2026, filed Aug 13, 2026Formed in December 2022 as a subsidiary of Sparta Crypto, Inc., Agoge Global USA, Inc. (“Agoge”) was established to address inefficiencies…View ↗
The joint venture developed EZBroker360, a blockchain-enabled platform utilizing stablecoins and distributed ledger technology to:View ↗
Mobile Application Development – Through our “iMobileApp” brand (www.imobileapp.com), we create, host, and maintain custom mobile…View ↗
Information Technology-Sparta creates mobile applications (mobile apps) for small and medium-size businesses under the tradename…View ↗
Wellness products- Our Wellness products feature high quality dietary supplements, including vitamins and minerals, such as, Iodine for…View ↗
Merchant financing - Sparta offers Brazilian importers staged financing and automated payment solutions. The system reduces costly delays…View ↗
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10-K for FY2026, filed Aug 13, 2026
FY2026 revenue by product or service ↗
$345.3K
-
10-K for FY2026, filed Aug 13, 2026
$345.3K ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Information Technology
|
41%
FY2023: 92%
|
Information Technology, FY2026
$141.1K Sources
|
|
|
Wellness Products
Sold outright
|
9.0% |
Wellness Products, FY2026
$30.9K Sources
|
Sold outright |
|
Merchant Financing
Recurring
10-K for FY2026, filed Aug 13, 2026 |
50% |
Merchant Financing, FY2026
$173.3K Sources
|
Recurring |
Who Are Their Customers?
Municipalities and eligible nonprofits finance equipment through the company’s municipal program, which offers financing on a pass-through basis with a bank and is marketed through direct outreach and referrals. Businesses buy apps and websites; vehicle-history reports are sold online and through dealer networks, while supplements are sold through company and marketplace websites.
10-K for FY2026, filed Aug 13, 2026In 2007, we launched our Municipal Financing program (www.spartamunicipal.com), which continues to operate and has provided financing to…View ↗
Through this program, we finance essential equipment such as police motorcycles, cruisers, buses, fire trucks, EMS vehicles, and related…View ↗
Mobile Application Development – Through our “iMobileApp” brand (www.imobileapp.com), we create, host, and maintain custom mobile…View ↗
Website Design, Hosting, and SEO Services – We design, launch, maintain, and host websites for clients, incorporating search engine…View ↗
These reports contain data such as prior damage, title brands, odometer readings, manufacturer specifications, recall history, and other…View ↗
In August 2020, NWHB began offering nutritional supplements in response to shifting consumer preferences during the COVID-19 pandemic. Our…View ↗
Do Revenues Turn Into Profits?
No. It lost $2.9M in FY2026.
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Sep 21, 2026
−$535.3KView ↗
- ▲ +13% (Loss)
- vs −$474.4K in Q1 FY2026
10-Q for Q1 FY2027, filed Sep 21, 2026
Open tableView ↗
Growing. Revenue grew 41% in 4 years, from $245.5K in FY2022 to $345.3K in FY2026, about 9% a year.
Trade-finance platform
The cross-border offering expands from facilitating transactions and business introductions to a digital trade-finance platform with staged funding, payment processing, and import support.
10-K for FY2023, filed Aug 18, 2023 10-K for FY2026, filed Aug 13, 2026Sparta’s subsidiary, Sparta Crypto, Inc., www.SpartaCrypto.com, was established in September 2020 and is in the process of completing a…View ↗
Formed in December 2022 as a subsidiary of Sparta Crypto, Inc., Agoge Global USA, Inc. (“Agoge”) was established to address inefficiencies…View ↗
The joint venture developed EZBroker360, a blockchain-enabled platform utilizing stablecoins and distributed ledger technology to:View ↗
In addition to payment processing, EZBroker360 provides:View ↗
- Staged financing for freightage, customs duties, and taxes;View ↗
- Import/export documentation preparation;View ↗
Who Do They Compete With?
Competes with CARFAX and AutoCheck
10-K for FY2026, filed Aug 13, 2026iMS also operates our Specialty Vehicle History Reports business, serving markets not fully addressed by major providers such as CARFAX® or…View ↗
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