Auto Parts 4 Less Group Inc. announced significant revenue growth following its strategic initiatives.
Christopher Davenport, CEO and Founder of Auto Parts 4 Less Group Inc. stated, “We are thrilled to report a significant increase in our revenue over the first quarter of this year. Our revenue climbed from $48,573 in January to $102,409 in March, marking an impressive growth of 111%. This success is primarily driven through our LiftKits4Less.com platform, which we reactivated just five months ago. Additionally, while our subsidiary, Auto Parts for Less Inc., reported a P&L net loss of approximately $5,500 for March, we are very close to achieving a break-even point, which is a testament to our efforts in controlling the burn rate.
“These are unaudited figures from our internal bookkeeping, and as such, they will be fully audited and disclosed in upcoming filings with our public accounting firm. We remain committed to transparency and cautious optimism in our public disclosures as we continue to drive growth across all our platforms, including AutoParts4Less.com and LiftKits4Less.com,” Davenport added.
Investment and Future Outlook:
The leadership team remains focused on leveraging its blended revenue model and operational strategies to enhance shareholder value and customer satisfaction, the company said.
