Leafbuyer Technologies, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2020
November 16, 2020 at 04:51 pm
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Leafbuyer Technologies, Inc. announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced sales was USD 652,723 compared to USD 490,235 a year ago. Operating loss was USD 725,063 compared to USD 1.847 million a year ago. Net loss was USD 867,034 compared to USD 2.102 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.03 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.