Auto Parts 4Less Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2022
January 06, 2023 at 11:18 am EST
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Auto Parts 4Less Group, Inc. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was USD 1.02 million compared to USD 3.11 million a year ago. Net loss was USD 4.13 million compared to USD 2.57 million a year ago. Basic loss per share from continuing operations was USD 2.29 compared to USD 8.02 a year ago. Diluted loss per share from continuing operations was USD 2.29 compared to USD 8.02 a year ago.
For the nine months, sales was USD 4.09 million compared to USD 9.43 million a year ago. Net loss was USD 12.23 million compared to USD 4.89 million a year ago. Basic loss per share from continuing operations was USD 7.76 compared to USD 18.99 a year ago. Diluted loss per share from continuing operations was USD 7.76 compared to USD 18.99 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.