Business
SFLMaven Announces May 2021 Sales of $0.9 Million
SFLMaven Announces May 2021 Sales of $0.9 Million.
About this update from Sflmaven Corp.
[{"type":"text","content":"Continued Competitive Auction Success Drove ~7% Revenue Increase per Thursday Night Auction Held in May as Compared to April 2021FORT LAUDERDALE, FL / ACCESSWIRE / June 3, 2021 / SFLMaven Corp. (OTC PINK:SFLM), ("SFLMaven" or the "Company"), a leading provider of high-end luxury goods, today announced that eBay auction sales in May 2021 totaled over $908,000 spanning 833 products sold,The robust auction results were chiefly driven by strong sales in the weekly "Famous Thursday Night Auction" event on the widely followed SFL Maven eBay store, of which there were 4 in the month of May, as compared to 5 in April. SFLMaven received 34.3 million impressions on its listing in the month, driving 316,135 page views."The month of May was another strong period for our user engagement metrics, with ~7% greater revenue per Thursday Night Auction held in May as compared to April 2021 - indicative of improved visibility for our listings and greater revenue per weekly auction," said Joseph Ladin, Chief Executive Officer of SFLMaven. "As shown in our recently announced Q1 earnings results, our gross margin profile exceeded 20% - indicative of strong competitive bidding behavior between shoppers for our truly unique, differentiated jewelry inventory."This exciting trend has certainly held in the second quarter and I look forward to continued success in the months to come as we seek to scale up our sourcing efforts, expand our sales channels and create value for our shareholders," concluded Ladin.About SFLMavenSFLMaven Corp. (OTC PINK:SFLM), is a premium provider of high-end luxury goods to discerning clientele globally. SFLMaven has driven over $130 million in sales and 98,000 positive reviews since inception, famous for its Thursday Night Auction events on its top-rated eBay store. For more information, please visit the Company's website at https://www.sflmaven.com/ or follow the Company on Twitter at @sflmaven.Forward-Looking StatementsThis press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "...