Leafbuyer Technologies, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021
May 17, 2021 at 04:06 pm EDT
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Leafbuyer Technologies, Inc. announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was USD 672,149 compared to USD 575,002 a year ago. Operating loss was USD 429,401 compared to USD 929,268 a year ago. Net income was USD 101,473 compared to net loss of USD 1.036 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the nine months, sales was USD 1.927 million compared to USD 1.870 million a year ago. Operating loss was USD 1.622 million compared to USD 3.731 million a year ago. Net loss was USD 1.306 million compared to USD 4.408 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.06 a year ago.
Leafbuyer Technologies, Inc. is a cannabis technology company. The Company is a comprehensive marketing technology provider in the cannabis industry. The Company builds custom engagement solutions for the cannabis industry. Its Leafbuyer texting and loyalty platform and the custom application solution is used by various cannabis businesses to engage with current and potential customers. It has a listing Website to a comprehensive marketing technology platform that focuses on new customer acquisition and retention tools that include texting and loyalty and application software technology. Leafbuyer.com is an online resource for cannabis consumers, and its partnerships with other Websites have created a national network of cannabis deals and information that reaches millions of consumers every month. The Companyâs Leafbuyer platform alerts consumers of specials as well as online ordering features that help create a more diverse product offering for its clients.