Leafbuyer Technologies, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2019
February 14, 2020 at 05:21 pm EST
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Leafbuyer Technologies, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was USD 805,281 compared to USD 419,713 a year ago. Operating loss was USD 955,583 compared to USD 1.540 million a year ago. Net loss was USD 1.269 million compared to USD 1.677 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago. For the half year, sales was USD 1.295 million compared to USD 807,230 a year ago. Operating loss was USD 2.802 million compared to USD 2.932 million a year ago. Net loss was USD 3.372 million compared to USD 3.106 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.07 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. 
