Auto Parts 4 Less Sees More on Revenue Growth and Forward Financial Progress

The e-commerce automotive parts retailer Auto Parts 4 Less Inc. (FLES) has announced significant growth in revenues.

The company’s unaudited revenues grew from $48,573 to $102,409 between January and March, which is mostly attributed to its LiftKits4Less.com platform that the company reactivated five months ago after having taken a pause due to Covid.

The company’s subsidiary, Auto Parts 4 Less Inc. has almost achieved a break-even point as it reported a P&L net loss of ~$5,500 for the month of March. This is a testament to the company’s ability to control the burn rate.

CEO Christopher Davenport commented that he intends to disclose company revenues that will be fully audited in its upcoming filings with its public accounting firm. He intends to continue forward with the company’s positive momentum and is focused on enhancing shareholder value. 

About Auto Parts 4 Less Group Inc.:

Auto Parts 4 Less Group Inc. (OTC: FLES) is a leading online marketplace for automotive parts, operating AutoParts4Less.com and LiftKits4Less.com. The Company is dedicated to providing a diverse range of high-quality automotive parts and accessories to customers in the jeep, truck, and off-road enthusiast market. With a focus on growth and innovation, Auto Parts 4 Less Group Inc. aims to be a top destination for automotive parts and accessories.

 

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About the Author

Auto Parts 4 Less Sees More on Revenue Growth and Forward Financial Progress

Ashlee Vogenthaler

Markets Editor