SANTA BARBARA, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (OTCID: ALDS) ("APPlife" or "the Company"), a business incubator and portfolio manager specializing in e-commerce and marketplace solutions, today reported its third quarter fiscal 2026 financial results for the quarter ended March 31, 2026.
Key Highlights:
Completed additional technical enhancements to the flagship LiftKits4Less.com e-commerce platform, broadening product inventory selection for Jeep, truck, and SUV owners nationwide.
Continued to expand the Company's vendor and supplier network, improving product availability and fulfillment capacity.
Received a Notice of Effectiveness for the Company's Form S-1 registration statement on January 26, 2026, a significant capital markets milestone that enhances financial flexibility.
Accelerated digital marketing initiatives with more targeted campaigns, driving increased site traffic and improved conversion rates.
Continued to execute on the Company's aftermarket automotive strategy through operating subsidiary Sugar Auto Parts, Inc., serving customers nationwide with suspension lift systems and related accessories.
Financial Results Summary:
Revenue for the quarter ended March 31, 2026 was $716,661, compared to $894,309 for the quarter ended December 31, 2025. Revenue for the nine months ended March 31, 2026 totaled $2,075,142, supported by continued enhancements to the Company's e-commerce platform, broader product inventory selection, and ongoing digital marketing initiatives.
Gross profit was $130,124 for the quarter ended March 31, 2026 versus $226,854 for the quarter ended December 31, 2025, representing a gross margin of 18%, compared to 25% in the quarters ended March 31, 2026 and December 31, 2025, respectively.
Operating expenses for the quarter ended March 31, 2026 totaled $503,463 versus $774,701 in the quarter ended December 31, 2025, reflecting a reduction in professional fees and costs associated with our regulatory filings following the January 26, 2026 effectiveness of the Company's Form S-1 registration statement, while continued investment in labor, marketing and advertising supported expansion of our Sugar Auto ...
