Leafbuyer Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 16, 2023 at 01:36 am IST
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Leafbuyer Technologies, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 1.29 million compared to USD 0.98401 million a year ago. Net loss was USD 0.170458 million compared to USD 0.271254 million a year ago.
For the nine months, sales was USD 3.76 million compared to USD 2.76 million a year ago. Net loss was USD 0.41632 million compared to net income of USD 1.31 million 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.