Leafbuyer Technologies, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2020
May 16, 2020 at 02:08 am IST
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Leafbuyer Technologies, Inc. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was USD 575,002 compared to USD 489,320 a year ago. Operating loss was USD 929,268 compared to USD 1.528 million a year ago. Net loss was USD 1.036 million compared to USD 1.710 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.04 a year ago. For the nine months, sales was USD 1.870 million compared to USD 1.296 million a year ago. Operating loss was USD 3.731 million compared to USD 4.460 million a year ago. Net loss was USD 4.408 million compared to USD 4.816 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.1 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.
LEAFBUYER TECHNOLOGIES, INC. 
