Auto Parts 4Less Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021
December 15, 2021 at 04:04 pm EST
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Auto Parts 4Less Group, Inc. reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported sales was USD 3.11 million compared to USD 2.33 million a year ago. Net loss was USD 2.57 million compared to net income of USD 1.1 million a year ago. Basic loss per share from continuing operations was USD 8 compared to basic earnings per share from continuing operations of USD 10.3 a year ago. Diluted loss per share from continuing operations was USD 8 compared to USD 1.3 a year ago.
For the nine months, sales was USD 9.43 million compared to USD 7.26 million a year ago. Net loss was USD 4.89 million compared to net income of USD 2.68 million a year ago. Basic loss per share from continuing operations was USD 19 compared to basic earnings per share from continuing operations of USD 33.6 a year ago. Diluted loss per share from continuing operations was USD 19 compared to USD 1.3 a year ago.
Auto Parts 4Less Group, Inc. is an industry-driven enterprise and multi-seller online marketplace built purely for the automotive industry and specifically serves those in need of automotive, truck, motorcycle, all-terrain vehicle (ATV), utility task vehicle (UTV), and boat parts. Its flagship automotive marketplace with the potential to offer buyers a range of automotive parts for cars, trucks, boats, motorcycles and RVâs on a single platform. Its product categories include tools and supplies, other parts, powersports parts, boat parts, car & truck parts, commercial truck parts, and motorcycle parts. For sellers it offers free sign-up and onboarding, a low marketplace sales fee and instant payments. Its tools and supplies product offers air compressors, air tools, auto paints & supplies, auto safety kits and supplies, auto toolboxes and storage, automotive care and detailing, automotive repair kits, battery testers and chargers, fluids & chemicals and more.