CARPARTS.COM Reports Q2 FY2023 Revenue of USD 177 Million, Up 0.4% YOY

August 16, 2023

🌥️Earnings Overview

For the second quarter of FY2023, CARPARTS.COM ($NASDAQ:PRTS) reported total revenue of USD 177.0 million, representing a 0.4% increase over the same period last year. Net income for the quarter, however, dropped from USD 4.12 million to a net loss of USD 0.67 million.


GoodWhale has conducted an analysis of CARPARTS.COM‘s fundamentals and found that it is a low risk investment when considering its financial and business aspects. GoodWhale has, however, detected two risk warnings in the company’s income sheet and balance sheet. To find out more information about these risk warnings, it is recommended that investors register with GoodWhale for more detailed analysis. More…

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  • About the Company

  • CARPARTS.COM_Reports_Q2_FY2023_Revenue_of_USD_177_Million_Up_0.4_YOY”>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
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  • Income Snapshot

    Below shows the total revenue, net income and net margin for CARPARTS.COM_Reports_Q2_FY2023_Revenue_of_USD_177_Million_Up_0.4_YOY”>More…

    Total Revenues Net Income Net Margin
    671.8 -6.79 -1.0%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for CARPARTS.COM_Reports_Q2_FY2023_Revenue_of_USD_177_Million_Up_0.4_YOY”>More…

    Operations Investing Financing
    76.27 -9.35 -2.88
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for CARPARTS.COM_Reports_Q2_FY2023_Revenue_of_USD_177_Million_Up_0.4_YOY”>More…

    Total Assets Total Liabilities Book Value Per Share
    272.05 153.29 2.08
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for are shown below. CARPARTS.COM_Reports_Q2_FY2023_Revenue_of_USD_177_Million_Up_0.4_YOY”>More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    25.6% -60.1% -0.7%
    FCF Margin ROE ROA
    9.9% -2.4% -1.0%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
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  • Other Supplementary Items

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    CARPARTS.COM has reported its second quarter of FY2023 results, showing total revenues of USD 177.0 million which is a slight increase of 0.4% from the same period in the previous year. Unfortunately, net income has decreased significantly to USD -0.67 million from USD 4.12 million in the prior year. As a result, the stock price moved down on the same day.

    Investing in CARPARTS.COM could be a risky proposition in the short-term due to the decrease in net income, but may be a good option for long-term investors as the company is still able to generate revenue and have experienced positive growth overall. Therefore, investors should assess their own risk tolerance and make their decision accordingly.

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