People In Business NASDAQ 5

USA

Joshua L. Berman starts eleventh year as U.S. Auto Parts Network Director 22 October 2017

NEWS BITES - PEOPLE IN BUSINESS

Joshua L. Berman was appointed Director of U.S. Auto Parts Network (NASDAQ:PRTS) ten years ago on October 22, 2007. In the last 10 years the average annualized return to shareholders was -10.7%. The present value of USD1,000 (PV1000) invested 10 years ago is now $US323, a loss of $US677.

SECTION 1 BIOGRAPHY JOSHUA L. BERMAN, DIRECTOR

Joshua L. Berman has been a director since October 2007. Mr. Berman co-founded and serves as President of BeachMint, a next generation eCommerce company focused on building brands and delivering a personalized user experience, since April 2010. Mr. Berman served as President of Slingshot Labs, an incubator dedicated to building and developing new web ventures for News Corporation, from February 2008 through April 2010. Mr. Berman was a co-founder of MySpace.com, a leading online lifestyle portal, and served as its Chief Operating Officer from January 2003 until April 2010. Prior to 2003, Mr. Berman co-founded and managed two Internet companies: Response Base Marketing, where he held positions as the Chief Operating Officer and Chief Financial Officer from 2001 through 2003, and Xdrive Technologies from 1999 through November 2001, where he served as Chief Financial Officer and Senior Vice President of Corporate Development. Mr. Berman also worked from 1997 through 1999 as a management consultant at PricewaterhouseCoopers and as an international marketing manager and a senior financial analyst at Twentieth Century Fox. Mr. Berman was actively licensed as a certified public accountant from 1991 through 2002, and holds a B.A. degree in economics from the University of California, Santa Barbara and an M.B.A. from the University of Southern California. We believe that Mr. Berman is qualified to serve as a director due to his industry knowledge and operational experience with, and service as COO or President of internet companies, including internet marketing and social networking, combined with his strong accounting and financial background and management experience.

SECTION 2 U.S. AUTO PARTS NETWORK, INC. PRICE PERFORMANCE SCORECARD (NASDAQ:PRTS):

+ U.S. Auto Parts Network, Inc. is placed 1,721/2,189 in the BSS News Bites ranking of price performance of NASDAQ stocks in the past year, a percentile ranking of 21.

2.1 MCap History:

In the past 5 years Market Capitalization has decreased by $US930,210 from $US94.3 million to $US93.4 million. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 3 out of 5 years.

PriceMCap (US$ M)
Last$US2.5993.4
1 Year ago$US3.11108.5
2 Years ago$US2.0268.2
3 Years ago$US2.8394.6
4 Years ago$US1.8260.4
5 Years ago$US3.0394.3

2.2 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 4 years ago, the Moving Annual Return has been positive in 2 of the last 4 years.

PRTSCloseAnnual Return %
Last Traded Oct 20$US2.59-17.8
1 Year ago$US3.1560.7
2 Years ago$US1.96-31.7
3 Years ago$US2.8757.7

Close 4 years ago $US1.82.

2.3 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US833

PV$10001-week1-month1-year
PRTS.NASDAQ915866833
NASDAQ-100 Index1,0031,0221,264

2.4 Trailing Price Change %

1-Year price change for U.S. Auto Parts Network was -16.7%. Compared with the NASDAQ-100 Index which rose 26.4% in the year, the relative price change was -43.1%.

Price Change %1-Month3-Month1-Year
PRTS-13.4-10.4-16.7
Internet commerce sector0.6-2.928.1
NASDAQ-100 Index2.33.226.4

SECTION 3 U.S. AUTO PARTS NETWORK, INC. FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NASDAQ:PRTS):

3.1 Key Financials (All figures percent)

Revenue Growth has improved from -16.2% in 2013 to 4.3% in 2016 and Operating Margin has improved from -6.1% in 2013 to -0.3% in 2016.

PRTSRevenue GrowthOperating MarginROE
20164.3-0.33.2
20162.7-0.7-6.3
201511.2-2.1-6.6
2013-16.2-6.1-

3.2 Growth

+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

YearRevenue GrowthEBITDA Growth
Dec 164.3-
Jan 162.770.2

3.3 Revenue and Net Profit

In the last 5 years Compound Annual Growth Rate (CAGR) averaged -1.5% for Total Revenue.

DescriptionAnnual ($US M)5-year Avg ($US M)5-year CAGR %
Total Revenue303.6287.4-1.5

CAGR = Compound Annual Growth Rate

3.4 Performance (All figures in %)

Net Profit Margin 5-year average is -3.9% and Return on Equity 5-year average is -43.0%.

DescriptionAnnual5-year Avg
EBITDA Margin-0.1-0.9
Operating Profit Margin-0.3-4.2
Net Profit Margin-0.2-3.9
Return on Equity3.2-43.0
Return on Assets-0.7-13.7
Return on Capital Employed-2.3-39.1

3.5 High Performance Indicator:

DescriptionValueRank In NASDAQ Market
Price to Sales0.3In Top 9%

SECTION 4 U.S. AUTO PARTS NETWORK, INC. MARKET POSITION AND GLOBAL RANK (NASDAQ:PRTS):

4.1 Market Position

U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), NASDAQ's 14th largest Internet Commerce company by market cap, tumbled 93.0c (or 26.4%) year to date in 2017 to close at $US2.59. This means the stock has underperformed 86% of NASDAQ-listed stocks in 2017. Compared with the NASDAQ-100 Index which has risen 25.6% YTD, this is a relative price change of -52%. The average daily volume of 120,316 shares so far in 2017 was 1.3 times the average daily volume in 2016. In 2017 the market cap has declined $US29.7 million.

4.2 Global Rank

Rank In The American Region [out of 12,760 stocks]

DescriptionValueRankQuartile
MCap (US$)93.4M5,666Second
Total Assets (US$)82.1M5,894Second
Revenue (US$)303.6M3,399Second
Net Profit (US$)731,0004,726Second
Return on Equity %3.24,322Second
Net Profit Margin %(0.2)4,850Second
Price to Book4.24,710Second
Price Earnings76.13,978Second
PV$1000 (1Year) US$8337,318Third
US$ Change (1Year) %-12.27,204Third
Rel Strength 6 Mo (US$)328,635Third

SECTION 5 OTHER DIRECTORS OF U.S. AUTO PARTS NETWORK, INC.

Shane Evangelist, Chief Executive Officer & Director

Robert J. Majteles, Chairman & Director

Neil Watanabe, Chief Financial Officer

Fredric W. Harman, Director

Bradley E. Wilson, Director

Jay K. Greyson, Director

Sol Khazani, Director

Warren B. (Barry) Phelps, Director

Joshua L. Berman, Director

Barbara Palmer, Independent Director

Aaron E. Coleman, Chief Operating Officer

David Eisler, Vice President & Corporate Secretary

SECTION 6 U.S. AUTO PARTS NETWORK, INC. ACTIVITIES

U.S. Auto Parts Network, Inc. (U.S. Auto Parts), incorporated in 1995, offers online sources for automotive aftermarket parts and repairs information. The Company principally sells its products, identified as stock keeping units (SKUs), to individual consumers through its network of Websites and online marketplaces. The Company's Websites provide customers with a selection of approximately two million SKUs with product descriptions and photographs. The Company has developed a product database that maps its SKUs to product applications based on vehicle makes, models and years. It offers a selection of aftermarket auto parts. U.S. Auto Parts classifies its products into three categories: body parts, engine parts, and performance parts and accessories. The Company sources its products from foreign manufacturers and importers located in Taiwan and China, and from the United States manufacturers and distributors. The Company sells and delivers to collision repairs shops throughout Southern California and the state of Virginia via its offline sales channel. The Company also markets its Kool-Vue products nationwide to auto parts wholesale distributors and serves consumers by operating retail outlet stores in Independence, Ohio and LaSalle, Illinois.

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 REPORTED STOCK AWARDS

11 August 2017

U.S. Auto Parts Network corporate secretary David Eisler awarded Restricted Stock Units

U.S. Auto Parts Network (NASDAQ:PRTS) corporate secretary David Eisler, has been awarded Restricted Stock Units on 40,000 shares. The exercise date is between August 09, 2018 and August 09, 2027. The transaction date was August 09. The shares last traded at $US2.63.

11 August 2017

U.S. Auto Parts Network chief financial officer Neil Watanabe awarded Stock Options

U.S. Auto Parts Network (NASDAQ:PRTS) chief financial officer Neil Watanabe, has been awarded Stock Options on 85,000 shares at an exercise price of $US2.77. The transaction date was August 09. The shares last traded at $US2.63.

05 July 2017

U.S. Auto Parts Network director Jay K. Greyson awarded shares

U.S. Auto Parts Network (NASDAQ:PRTS) director Jay K. Greyson, was awarded 701 shares worth $US2,341 on July 03.

15 May 2017

U.S. Auto Parts Network director Barbara Palmer awarded Stock Options

U.S. Auto Parts Network (NASDAQ:PRTS) director Barbara Palmer, has been awarded Stock Options on 20,000 shares at an exercise price of $US3.93. The exercise date is between May 11, 2018 and May 10, 2027. The transaction date was May 11. The shares last traded at $US3.11, hitting an eight-month low on the day.

15 May 2017

U.S. Auto Parts Network director Bradley E. Wilson awarded Stock Options

U.S. Auto Parts Network (NASDAQ:PRTS) director Bradley E. Wilson, has been awarded Stock Options on 20,000 shares at an exercise price of $US3.93. The exercise date is between May 11, 2018 and May 10, 2027. The transaction date was May 11. The shares last traded at $US3.11, hitting an eight-month low on the day.

7.2 SHAREHOLDER VALUE ADDED BY DIRECTORS

24 September 2017

Warren B. (Barry) Phelps starts eleventh year as U.S. Auto Parts Network Director

Warren B. (Barry) Phelps was appointed Director of U.S. Auto Parts Network (NASDAQ:PRTS) ten years ago on September 24, 2007. In the last 10 years the average annualized return to shareholders was -10.6%. The present value of USD1,000 (PV1000) invested 10 years ago is now $US327, a loss of $US673.

17 June 2017

Jay K. Greyson starts fourth year as U.S. Auto Parts Network Director

Jay K. Greyson was appointed Director of U.S. Auto Parts Network (NASDAQ:PRTS) three years ago on June 17, 2014. The shares were down from $US3.5 to $US3.1 and the total annualized return to shareholders (TRS) since appointment is -4%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US886, a loss of $US114.

7.3 ELECTION OF DIRECTORS

08 June 2017

U.S. Auto Parts Network Elects 03 Directors

U.S. Auto Parts Network (PRTS) held its Annual General Meeting on May 11, 2017. According to an SEC filing under Section 8-K Item 5.07 the following directors were elected:

Joshua L. Berman

Sol Khazani

Robert J. Majteles

15 May 2017

U.S. Auto Parts Network Elects 03 Directors

U.S. Auto Parts Network (PRTS) held its Annual General Meeting on May 11, 2017. According to an SEC filing under Section 8-K Item 5.07 the following directors were elected:

Joshua L. Berman

Sol Khazani

Robert J. Majteles

Source: www.BuySellSignals.com