Auto Parts 4Less Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022
September 14, 2022 at 07:12 am EDT
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Auto Parts 4Less Group, Inc. reported earnings results for the second quarter and six months ended July 31, 2022. For the second quarter, the company reported sales was USD 1.34 million compared to USD 2.59 million a year ago. Net loss was USD 5.5 million compared to USD 1.75 million a year ago. Basic loss per share from continuing operations was USD 3.52 compared to USD 6.7 a year ago. Diluted loss per share from continuing operations was USD 3.52 compared to USD 6.7 a year ago.
For the six months, sales was USD 3.07 million compared to USD 6.32 million a year ago. Net loss was USD 8.1 million compared to USD 2.32 million a year ago. Basic loss per share from continuing operations was USD 5.57 compared to USD 10.16 a year ago. Diluted loss per share from continuing operations was USD 5.57 compared to USD 10.16 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.