Leafbuyer Technologies, Inc. Reports Revenue Result for the Fiscal Year Ended June 30, 2019; Provides Earnings Guidance for 2020
September 25, 2019 at 08:00 am EDT
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Leafbuyer Technologies, Inc. reported revenue result for the fiscal year ended June 30, 2019. For the period, the company announced that annual revenue rose 59% in the fiscal year ending June 30, 2019. The increase reflects the revenue booked in the year against the previous year.
As announced on August 22, 2019, the company now has a clear path to profitability and is forecasting to achieve this goal within the first half of 2020.
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.