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. With a growing market presence and promising financial performance, this report will delve into the company's core metrics, financial performance, growth prospects, and recent news to provide an in-depth analysis for investors.

Core Metrics

  • Current Price: $0.012 USD
  • 52-week High: $0.067 USD
  • 52-week Low: $0.001 USD
  • Market Cap: $1.19 million USD
  • P/E Ratio: N/A
  • Earnings per Share: -$0.01 USD
  • 50-day Average: $0.00356 USD
  • 200-day Average: $0.022955 USD
  • Analyst Recommendations: None

Financial Performance

Leafbuyer Technologies has shown significant growth in revenue, with a 45% year-over-year increase in Q2 FY22. The company also reported its first profitable quarter as a public company. Recently, it announced a 16.4% increase in year-over-year revenue growth and a 9% increase in gross profit. These positive trends in revenue and profitability suggest that the company is heading in the right direction.

Growth Prospects

The cannabis industry is rapidly expanding, and Leafbuyer Technologies is well-positioned to capitalize on this growth. The company's focus on providing online resources for cannabis deals and specials sets it apart from other players in the industry. With a growing market presence and increasing revenue, Leafbuyer Technologies has the potential to become a leader in the cannabis technology sector.

News and Updates

Leafbuyer Technologies recently announced record monthly sales, marking an all-time high for the company. The company's Q2 FY22 financial results also demonstrated significant growth and profitability. These positive news updates suggest that Leafbuyer Technologies is gaining momentum and is worth keeping an eye on.

Upgrades and Downgrades

There are currently no analyst recommendations or upgrades/downgrades for Leafbuyer Technologies.

Summary

In conclusion, Leafbuyer Technologies, Inc. (LBUY) is a promising cannabis technology company with growing revenue, profitability, and market presence. While the company's valuation is still relatively low, its recent financial performance and industry trends suggest that it has the potential for significant growth. Investors may want to consider adding Leafbuyer Technologies to their watchlist or portfolio, given its promising prospects in the rapidly expanding cannabis industry.

Disclosures

The information on this website should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here or on other content distribution outlets are for informational purposes only, and should not be relied upon when making any investment decision. Under no circumstances should any information provided on this website or social media platforms be construed as an offer soliciting the purchase or sale of any security, nor should it be construed as an offer to provide investment advisory services.