LEAFBUYER TECHNOLOGIES, INC. (LBUY) Sep 2024 Earnings Report

Leafbuyer Technologies, Inc. (LBUY): Investment Report

Overview

Leafbuyer Technologies, Inc. (LBUY) is a leading cannabis technology company that provides online resources for cannabis deals and specials in the United States. The company has been making headlines with its record-breaking monthly sales and promising quarterly results. As the cannabis industry continues to grow, LBUY is positioned to capitalize on this trend. This report provides an in-depth analysis of the company's financial performance, growth prospects, and recent news to help investors make an informed decision.

Core Metrics

  • Current price: $0.01 USD
  • 52-week high: $0.067 USD
  • 52-week low: $0.0006 USD
  • Market Cap: $994,286 USD in millions
  • P/E Ratio: N/A
  • Earnings per Share: -$0.01
  • 50-day average: $0.00362
  • 200-day average: $0.02312
  • Analyst Recommendations: None

Financial Performance

Leafbuyer Technologies, Inc. has shown promising financial performance in recent quarters. The company reported a 45% year-over-year revenue growth in its Q2 FY22 results, marking its first profitable quarter as a public company. Additionally, the company announced record-breaking monthly sales in December 2023, demonstrating its ability to generate revenue. Despite a current EPS of -$0.01, the company's revenue growth and increasing gross profit suggest a potential turnaround.

Growth Prospects

The cannabis industry is expected to continue growing, driven by increasing legalization and adoption. Leafbuyer Technologies, Inc. is well-positioned to capitalize on this trend, with its online resources and deals platform catering to the cannabis market. The company's growth prospects are promising, with potential for increased revenue and profitability as the industry expands.

News and Updates

Recent news articles highlight Leafbuyer Technologies, Inc.'s achievements, including record-breaking monthly sales and promising quarterly results. The company's financial performance and growth prospects have the potential to drive its stock price upward.

Upgrades and Downgrades

There have been no recent upgrades or downgrades for Leafbuyer Technologies, Inc. as the company lacks analyst coverage.

Summary

In conclusion, Leafbuyer Technologies, Inc. presents an attractive investment opportunity, driven by its promising financial performance, growth prospects, and increasing revenue. Despite a low current stock price, the company's potential for growth and profitability make it an exciting investment opportunity. However, investors should exercise caution due to the company's lack of analyst coverage and high volatility.

Disclosures

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