Leafbuyer Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
February 14, 2022 at 04:02 pm
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Leafbuyer Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was USD 0.923829 million compared to USD 0.602787 million a year ago. Net loss was USD 1.37 million compared to USD 4.26 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.05 a year ago.
For the six months, sales was USD 1.78 million compared to USD 1.26 million a year ago. Net income was USD 1.59 million compared to net loss of USD 4.2 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.01.
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.