Affiliated Resources(OTC) AFFL

Affiliated Resources Corporation specializes in the manufacturing and distribution of aftermarket automotive fluids through its subsidiary ChemWay Systems, Inc. Founded in 1986 and headquartered in Brecksville, Ohio, the company offers a diverse range of automotive care and performance solutions.

Products and Services

• Automotive care and performance solutions
• Refrigerants and lubricants
• Solvents for various applications

Growth Outlook

• Strategic focus on acquiring innovative businesses
• Plans to enhance market reach through robust marketing efforts
• Targeting firms with proven products for expansion

Financial Highlights

• Recent quarterly revenue of $99,839, showing potential for growth
• Trailing twelve months (TTM) gross profit margin at 71.8%
• Operating expenses significantly impacting net income, which was -$9,702,880

Affiliated Resources Corporation operates in the consumer cyclical sector, specifically within the auto parts industry. The company has a market capitalization of approximately $2.68 million and is actively trading. The recent quarterly financials indicate a revenue of $99,839, which reflects the company's ongoing efforts to stabilize and grow its operations. Despite facing challenges, the gross profit margin of 71.8% suggests that the company has a solid foundation for profitability if operational efficiencies can be improved. The strategic focus on acquiring businesses with innovative products positions Affiliated Resources Corporation for potential growth. By targeting firms that can benefit from enhanced marketing and financial investment, the company aims to expand its market presence significantly. The financial data indicates that while the company has incurred substantial losses, the underlying gross profit margin demonstrates the potential for future profitability as operational challenges are addressed. Investors may find the company's commitment to innovation and market expansion appealing, especially in a sector that continues to evolve with new technologies and consumer demands.