| Business Summary | | Parts.com,
Inc.
is
a
business-to-business
electronic
commerce
software
and
parts
procurement
platform
provider.
The
Company's
e-procurement
solutions
enable
corporations
to
use
electronic
automation
to
streamline
business
transactions
and
reduce
costs.
The
Company's
line
of
cost-effective,
scalable,
Web-based
business-to-business
and
business-to-consumer
sales
and
procurement
software
fits
the
needs
of
any
parts
business
serving
any
vertical
industry.
In
addition
to
automating
existing
relationships
between
buyers
and
sellers,
parts.com
also
provides
a
marketplace
where
buyers
and
sellers
can
conduct
transactions
electronically.
While
the
Company
has
two
principal
divisions,
parts.com
and
ReallyKnow.com,
it
has
chosen
to
focus
its
resources
on
parts.com,
as
the
latter
division
is
still
in
an
early
marketing
stage. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Parts.com
is
a
provider
of
turnkey
electronic
services
designed
to
provide
Internet-based
business
and
on-line
buying
solutions
to
buyers,
suppliers
and
distributors.
For
the
three
months
ended
3/31/01,
revenues
totalled
$134
thousand
up
from
$45
thousand.
Net
loss
fell
72%
to
$1.2
million
Revenues
increased
due
to
the
Company
focusing
on
its
parts.com
e-commerce
business-to-business
exchange.
Lower
loss
was
partially
offset
by
an
increased
interest
expense. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
493;
after
tax
earnings
were
-608. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Shawn Lucas, 31 Chairman,
Co-CEO, Pres | $230K | Scott Anderson, 31 Co-CEO,
Chief Technical Officer, Director | 226K | Ian Hart, 36 CFO | -- | Steven O'Sullivan Exec.
VP of Operations | -- | David Lampert, 32 Sr.
VP of Software Devel., Director | 234K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|