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SFLMaven Corp. (OTC PINK: SFLM) reported strong growth for September 2021, achieving revenues of $1.1 million, a 32% increase sequentially. The company noted over 32 million web impressions, with 70% being organic, and more than 340,000 page views month-over-month. Additionally, SFLMaven's eBay storefront is nearing 100,000 positive feedbacks. CEO Joseph Ladin emphasized optimism regarding future expansion efforts, including a new NFT and Collectibles Marketplace.
SFLMaven Corp. (OTC PINK: SFLM) announced a Letter of Intent with artist Larry Calabrese to develop digital artwork as part of its new NFT strategy. This partnership aims to create a limited batch of unique digital art, enhancing SFLMaven's position in the growing NFT market. CEO Joseph Ladin expressed confidence that this collaboration will help shape taste and drive value for collectors. SFLMaven has achieved over $130 million in sales and maintains a strong online presence through its auction events.
SFLMaven Corp. (OTC PINK: SFLM) announced its new NFT division, intending to commission local artists for limited edition digital artwork. This strategy aims to leverage the company's two decades of experience in auctioning specialty items, transitioning into the digital collectibles market.
The initial phase will focus on small-batch local artwork, which the company believes will enhance interest in the local art scene while expanding its NFT marketplace. SFLMaven has generated over $130 million in sales since inception.
SFLMaven Corp. (OTC PINK:SFLM) has announced a strategic entry into the $370 billion collectibles market, expanding its focus beyond luxury goods into areas including NFTs, trading cards, and memorabilia.
Building on its successful auction model, the company aims to leverage 19 years of experience in online auctions to become a leader similar to Sotheby's in the collectibles space. Sales from its luxury goods auctions are projected to exceed $10 million this year.
SFLMaven Corp. (OTC PINK:SFLM) reported a significant sales increase in August 2021, achieving over $828k in gross sales, which is a 38% rise compared to August 2020. The company sold 935 items, marking a 22% year-over-year increase, with the average sales price per item rising 13% to $885.64. The CEO noted strong performance metrics despite having only four Thursday Auctions in August, hinting at upward trends in luxury goods demand for the upcoming holiday season. Management is optimistic about inventory levels surpassing last year's figures.
SFLMaven Corp. (OTC PINK:SFLM) announced its unaudited financial results for the six months ending June 30, 2021, showcasing significant growth in sales and profitability. The company achieved $4.8 million in total sales, a 14% increase year-over-year, with June sales surging by 125%. Gross profit stood at $608,423, up 194% year-over-year. Additionally, inventory values increased by 28%. The company is implementing a multi-channel digital strategy to enhance market reach, driven by favorable economic indicators in the luxury goods sector.
SFLMaven Corp. (OTC PINK:SFLM) has launched a new sales channel on 1stDibs.com, aiming to diversify its revenue streams beyond its current reliance on eBay. This significant move allows SFLMaven to connect with an affluent audience through a reputable marketplace known for high-end luxury goods. CEO Joseph Ladin expressed enthusiasm about partnering with 1st Dibs to provide unique items that meet customer demand. Since inception, SFLMaven has recorded over $130 million in sales and 98,000 positive reviews, highlighting its strong market presence.
SFLMaven Corp. (OTC PINK:SFLM) estimates its revenues will grow nearly 40% year-over-year to at least $11 million for 2021. This projection follows a record weekly sales figure of $318,000 and $2.7 million in first quarter revenues. The company aims to enhance profitability through improved advertising strategies and diversifying sales channels. SFLMaven plans to complete an audit and file a Form 10 to transition to the OTCQB exchange, eventually targeting a Nasdaq listing.
SFLMaven Corp. (OTC PINK:SFLM) reported remarkable auction results, achieving over $955,000 in sales during June 2021, marking a 125% year-over-year increase. The sales were driven by strong participation in the weekly 'Famous Thursday Night Auction', which garnered 35.2 million impressions and 364,284 page views. The highlight was a Patek Philippe watch sold for $10,900. CEO Joseph Ladin expressed optimism for continued growth and profitability, emphasizing ongoing expansion efforts and enhanced visibility in new markets.
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