AFFL Stock - Affiliated Resources Corp
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Financial Statements
| Metric | FY1999 |
|---|---|
| Revenue | $519,374 |
| Gross Profit | $372,906 |
| Gross Margin | 71.8% |
| Operating Income | $-2,718,747 |
| Net Income | $-2,401,396 |
| Net Margin | -462.4% |
| EPS | $-0.13 |
Affiliated Resources Corporation, through ChemWay Systems, Inc., produces aftermarket automotive fluids, including automotive care and performance products, refrigerants, lubricants and solvents. The company intends to focus on the acquisition of those companies whose product or service is technically innovative and market-proven, but whose market penetration can be significantly expanded through enhanced marketing or additional capitalization. The company was incorporated in 1986 and is based in Brecksville, Ohio.
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