Leafly Holdings, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2022
March 29, 2022 at 04:01 pm EDT
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Leafly Holdings, Inc. provided earnings guidance for the first quarter and full year 2022. For the first, quarter of year 2022, the company anticipates revenue to be approximately $11.3 million.
For the full year 2022, the company expects revenue to be in the range of $53.0 million to $58.0 million, representing 29% growth over 2021 at the midpoint.
Leafly Holdings, Inc. operates an online cannabis discovery marketplace and resource for cannabis consumers. The Company offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers. It provides retailers with subscription-based offerings and advertising tools to attract its audience to their menus and ultimately, convert that audience into a community of shoppers. It also provides a suite of online tools, which allow retailers to engage and communicate with consumers they acquire on its platform, including a portfolio of software as a service (SaaS)-based tools that allow the retailers to update their menus on the Leafly platform, create deals and promotions for consumers, manage their Leafly order reservation operations, integrate with selected POS systems, and view dashboards and analytics to help them make sales and merchandising decisions.