Leafbuyer Technologies, Inc. Reports Earnings Results for the Full Year Ended June 30, 2020
September 25, 2020 at 04:18 pm
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Leafbuyer Technologies, Inc. announced earnings results for the full year ended June 30, 2020. For the full year, the company announced sales was USD 2.528 million compared to USD 1.789 million a year ago. Operating loss was USD 4.492 million compared to USD 5.874 million a year ago. Net loss was USD 5.509 million compared to USD 6.553 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.15 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.