APPlife Digital Solutions Inc (OTCMKTS:ALDS) Stock Rockets After Reporting Big Jump In Sales

Business incubator and portfolio manager, APPlife Digital Solutions Inc (OTCMKTS:ALDS) on April 4, 2022 announced that its e-commerce grooming shop for men, Rooster Essentials, has seen a sales increase of more than 600% in the quarter-over-quarter period from Q4 2021 to Q1 2022.

Market Stats

On Monday, ALDS stock soared 51.25% to $0.0302 with 17K shares, compared to its average volume of 67K shares. The stock moved within a range of $0.0234 – 0.0318 after opening trading at $0.0242.

APPlife Digital’s E-Commerce Grooming Supplies Shop for Men Rooster Essentials Realizes Over 600% Increase in Sales

APPlife, engaged in investing and creating e-commerce and cloud-based solutions has offices in San Francisco CA. and Shanghai China. CEO of APPlife Matt Reid said that it is incredible to witness the market recognizing the value as well as convenience of its offerings. Reid added that the company has more than two hundred of the top products from the world’s best brands in men’s grooming. These include hair, skin, and beard care to deodorant and oral hygiene products.

Reid further said that the market awareness of Rooster Essential is resulting in augmenting the customer base. The CEO opined that Men’s products are the fastest-growing segment of Beauty and Health category. Applife feels that there is much potential revenue upside and the firm can grow the platform resulting in an eventual merger or acquisition event.

Roosters Essentials’ has more than 200 grooming products from 80 well-known consumer product companies globally. These include Gillette, Wahl, Baxter of California, CeraVe, Oral-B, Rebels Refinery, Neutrogena, Parker, Billy Jealousy, Way of Will, Anthony, Cremo, and Marvis.Rooster is focusing on scaling the core market as well as establishing new revenue channels.

Key Quote

“It is great to see the market starting to recognize the value and convenience of our unique, one-stop-shop for men’s grooming supplies, in addition to our other offerings. We have over two hundred of the top products from the world’s best brands in men’s grooming; ranging from hair, skin, and beard care to deodorant and oral hygiene products,” stated Matt Reid, CEO of APPlife.

Traders Corner

ALDS stock is trading below the 10-Day and 50-Day Moving averages of $0.0207 and $0.0212 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0535.