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Ladybug Resource Group Achieves Record $9.6 Million Revenue

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Ladybug Resource Group (OTC PINK: LBRG) reported record revenue of $9.6 million for the nine months ending September 30, 2024, marking a substantial increase of $7.5 million compared to 2023's total revenues. Operating as Ladybug Nutratech, the company attributes this growth to strategic acquisitions and successful integration of new assets in the health and wellness e-commerce sector.

The company announced the addition of Warren Booth to its Board of Directors, bringing 40 years of experience in securing financial growth. The board is actively developing strategies to enhance product offerings and capitalize on opportunities in the health and wellness market.

Ladybug Resource Group (OTC PINK: LBRG) ha riportato un fatturato record di 9,6 milioni di dollari per i nove mesi terminati il 30 settembre 2024, segnando un notevole aumento di 7,5 milioni di dollari rispetto ai ricavi totali del 2023. Operando come Ladybug Nutratech, l'azienda attribuisce questa crescita a acquisizioni strategiche e una riuscita integrazione di nuovi asset nel settore dell'e-commerce per la salute e il benessere.

L'azienda ha annunciato l'aggiunta di Warren Booth al suo Consiglio di Amministrazione, portando con sé 40 anni di esperienza nel garantire crescita finanziaria. Il consiglio sta attivamente sviluppando strategie per migliorare l'offerta di prodotti e capitalizzare le opportunità nel mercato della salute e del benessere.

Ladybug Resource Group (OTC PINK: LBRG) reportó ingresos récord de 9,6 millones de dólares para los nueve meses que terminaron el 30 de septiembre de 2024, marcando un aumento sustancial de 7,5 millones de dólares en comparación con los ingresos totales de 2023. Operando como Ladybug Nutratech, la compañía atribuye este crecimiento a adquisiciones estratégicas e integración exitosa de nuevos activos en el sector del comercio electrónico de salud y bienestar.

La compañía anunció la incorporación de Warren Booth a su Junta Directiva, aportando 40 años de experiencia en asegurar el crecimiento financiero. La junta está desarrollando activamente estrategias para mejorar la oferta de productos y aprovechar las oportunidades en el mercado de salud y bienestar.

레이디버그 리소스 그룹 (OTC PINK: LBRG)는 2024년 9월 30일로 끝나는 9개월 동안 9.6백만 달러의 기록적인 수익을 보고했으며, 이는 2023년 총수익에 비해 7.5백만 달러의 상당한 증가를 나타냅니다. 레이디버그 뉴트라테크로 운영되는 이 회사는 건강 및 웰빙 전자 상거래 부문에서의 전략적 인수 및 새로운 자산의 성공적인 통합 덕분에 이 성장을 이루었다고 전했습니다.

회사는 워렌 부스를 이사회에 추가했다고 발표하며, 그는 재무 성장을 확보하는 데 40년의 경험을 가지고 있습니다. 이사회는 제품 제공을 개선하고 건강 및 웰빙 시장에서의 기회를 활용하기 위한 전략을 적극적으로 개발하고 있습니다.

Ladybug Resource Group (OTC PINK: LBRG) a annoncé un chiffre d'affaires record de 9,6 millions de dollars pour les neuf mois se terminant le 30 septembre 2024, marquant une augmentation substantielle de 7,5 millions de dollars par rapport aux revenus totaux de 2023. Fonctionnant sous le nom de Ladybug Nutratech, l'entreprise attribue cette croissance à des acquisitions stratégiques et à une intégration réussie de nouveaux actifs dans le secteur du commerce électronique de la santé et du bien-être.

L'entreprise a annoncé l'ajout de Warren Booth à son Conseil d'Administration, apportant 40 ans d'expérience dans la sécurisation de la croissance financière. Le conseil développe activement des stratégies pour améliorer les offres de produits et tirer parti des opportunités sur le marché de la santé et du bien-être.

Ladybug Resource Group (OTC PINK: LBRG) berichtete über einen Rekordumsatz von 9,6 Millionen Dollar für die neun Monate bis zum 30. September 2024, was einen erheblichen Anstieg von 7,5 Millionen Dollar im Vergleich zu den Gesamterlösen von 2023 darstellt. Das Unternehmen, das als Ladybug Nutratech tätig ist, führt dieses Wachstum auf strategische Akquisitionen und die erfolgreiche Integration neuer Vermögenswerte im E-Commerce-Sektor für Gesundheit und Wellness zurück.

Das Unternehmen kündigte die Hinzufügung von Warren Booth zu seinem Vorstand an, der 40 Jahre Erfahrung in der Sicherstellung finanziellen Wachstums mitbringt. Der Vorstand entwickelt aktiv Strategien zur Verbesserung des Produktangebots und zur Nutzung von Chancen im Gesundheits- und Wellnessmarkt.

Positive
  • Record revenue of $9.6M for first nine months of 2024
  • $7.5M revenue increase compared to full-year 2023
  • Successful integration of strategic acquisitions
  • Addition of experienced board member Warren Booth
Negative
  • None.

A Landmark Year of Growth, New Leadership, and Strategic Advancements for Ladybug Nutratech

TULSA, Okla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Ladybug Resource Group, Inc. ("Ladybug") (OTC PINK: LBRG), operating as Ladybug Nutratech, proudly announces a remarkable milestone in its history, surpassing $9.6 million USD in revenue for the nine months ending September 30, 2024. This achievement represents a significant increase of approximately $7.5 million compared to total revenues generated in 2023.

This monumental growth underscores Ladybug’s steadfast commitment to innovation, strategic market positioning, and sustainable value creation for shareholders. "This year has been a defining moment for our company," stated a member of the Board of Directors. "We are delivering on our promise to expand market presence, enhance shareholder value, and set the stage for future success."

The exceptional revenue increase is attributed to strategic acquisitions and the seamless integration of new assets into Ladybug’s existing framework. By focusing on acquiring complementary websites and assets, the company has augmented its market visibility and fortified its position as a leading player in the health and wellness e-commerce sector. For further insights into these strategies, please review our prior press releases Targeting Strategic Acquisitions and AI Driven Nutrabuddy Platform here.

Ladybug is also pleased to welcome Warren Booth to its Board of Directors. With 40 years of experience in securing financial growth for companies, Mr. Booth has been instrumental in steering Ladybug’s path forward. "We are thrilled to have Warren Booth on board," a member of the Board added. "His expertise in growth strategies is an invaluable asset as we continue our upward trajectory."

Ladybug’s Board has been diligently working on innovative strategies. These plans aim to enhance and expand product offerings and capture untapped opportunities within the dynamic health and wellness market. The roadmap promises a series of transformative updates and initiatives that should further solidify Ladybug’s position as an industry frontrunner.

About Ladybug Resource Group Inc.

Ladybug Resource Group Inc., operating as Ladybug Nutratech, is a rapidly growing force in the health and wellness e-commerce market. With a commitment to innovation, diverse product offerings, and superior customer and shareholder satisfaction, Ladybug continues to redefine industry standards.

Stay connected:

For further information, please contact:

Ladybug Resource Group Inc.
Warren Booth
1408 S. Denver Avenue, Tulsa, OK 74119
info@ladybuglbrg.com
+1 918-727-7137

Safe Harbor for Forward-Looking Statements

This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes," "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.


FAQ

What is Ladybug Resource Group's (LBRG) revenue for the first nine months of 2024?

Ladybug Resource Group reported revenue of $9.6 million USD for the nine months ending September 30, 2024.

How much did LBRG's revenue increase compared to 2023?

LBRG's revenue increased by approximately $7.5 million compared to total revenues generated in 2023.

Who is the new Board member appointed to LBRG in 2024?

Warren Booth, with 40 years of experience in securing financial growth for companies, was appointed to LBRG's Board of Directors.

What factors contributed to LBRG's revenue growth in 2024?

The revenue growth was attributed to strategic acquisitions and successful integration of new assets into Ladybug's existing framework in the health and wellness e-commerce sector.

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