Welcome to our dedicated page for Leafbuyer news (Ticker: LBUY), a resource for investors and traders seeking the latest updates and insights on Leafbuyer stock.
Leafbuyer Technologies, Inc. (OTCQB:LBUY) is a cannabis technology and marketing platform that regularly reports on its financial performance, product adoption, and corporate developments. The company’s news releases highlight its role as a provider of marketing technology platforms for cannabis businesses, including texting, loyalty, online ordering, and web application solutions, as well as its Leafbuyer.com consumer website and partner network.
On this news page, readers can find company-issued updates on revenue growth, gross margin trends, and profitability metrics as reported in Leafbuyer’s press releases. The company frequently announces year-over-year changes in revenue and gross profit, as well as commentary on cost reduction measures, market conditions in the cannabis industry, and the performance of its technology offerings.
Leafbuyer’s news flow often includes quarterly and annual results, record sales months, and discussions of how increased sales of loyalty, texting, online ordering, and web application solutions contribute to its financial results. The company also provides narrative context from management about industry headwinds, market share, and the impact of compliance requirements on its operations and customers.
In addition to financial updates, Leafbuyer has used news releases to describe significant corporate actions and strategic plans. These include references to expansion into other markets, the development of new technologies, channel partner agreements, and, as disclosed in regulatory filings, an agreement and plan of merger and reorganization involving LB Acquisition Corp. and RagingBull.com, LLC.
Investors and observers can use this page to review Leafbuyer’s own descriptions of its business performance, technology platforms, and strategic direction over time. By following the sequence of press releases, readers can see how the company characterizes its growth, its marketing technology offerings to cannabis businesses, and its evolving corporate structure.
Leafbuyer Technologies (OTCID:LBUY), a leading cannabis technology and marketing platform, reported strong financial results for fiscal year 2025. The company achieved revenue growth of 16% to $6.47 million, while gross profit surged 38% to $2.82 million.
Notable improvements include a 19% increase in gross margin, a 4% reduction in operating expenses, and a significant 416% increase in cash reserves. Despite industry challenges including new compliance guidelines and 10DLC registrations, Leafbuyer's expansion strategy and technology investments have supported growth. The company continues to pursue strategic partnerships both within and outside the cannabis sector.
Leafbuyer Technologies (OTCQB:LBUY), a leading cannabis technology company, reported strong financial results for Q1 2025. The company achieved a 16% year-over-year revenue growth, outperforming the industry's projected growth rate of 7.5%. Key highlights include a 44% increase in gross profit and a remarkable 237% surge in net income to $235,154.
The company's success is attributed to increased sales across its marketing technology platforms, including loyalty programs, mobile ordering applications, and the Leafbuyer.com website. Despite noting industry headwinds creating a challenging marketplace, Leafbuyer's performance demonstrates robust growth in its core business segments.
Leafbuyer Technologies (OTCQB:LBUY) reported strong financial results for Q2 FY2024, ending December 31, 2024. The cannabis technology and marketing platform achieved significant growth across key metrics:
Revenue increased 20% year-over-year from $1,434,132 to $1,717,127. The company demonstrated remarkable profitability improvements with gross margins rising 68% year-over-year. Most notably, net income showed a dramatic turnaround, improving 134% from a loss of $220,010 to a profit of $78,815.
CEO Kurt Rossner attributed the strong performance to securing several large-spending MSOs and ongoing cost reduction initiatives that enhanced gross margins by nearly 70%.
Leafbuyer Technologies (OTCQB:LBUY) reported strong financial results for Q3 FY2024, with significant improvements across key metrics. The cannabis technology and marketing platform achieved a 20% year-over-year revenue growth from $1,434,132 to $1,717,127 for the quarter ending December 31, 2024.
The company demonstrated substantial profitability improvements with a 68% increase in gross margins year-over-year. Most notably, Leafbuyer transformed its bottom line, posting a 134% increase in net income, shifting from a loss of $220,010 to a profit of $78,815.
According to CEO Kurt Rossner, the company's growth was driven by securing several large-spending MSOs (Multi-State Operators) and ongoing cost reduction initiatives that enhanced gross margins by nearly 70%.
Leafbuyer Technologies (OTCQB:LBUY) reported strong financial results for Q2 FY2024, with revenue increasing 38% year-over-year from $1,169,622 to $1,609,473. The company's growth rate exceeded industry growth by more than 11 times. Gross margins saw a significant improvement, rising 53% year-over-year, while gross profit more than doubled with a 110% increase from $356,278 to $749,281.
The cannabis technology and marketing platform's cost reduction initiatives implemented last year have proven effective, with selling expenses decreasing by 10% despite the revenue growth. CEO Kurt Rossner indicated that these measures are expected to continue driving margin expansion in the near future.
Leafbuyer Technologies reported strong financial results for Q2 FY2024, with revenue increasing 38% year-over-year to $1.61 million from $1.17 million. The company's gross profit surged 110% to $749,281, while gross margins improved by 53%. The revenue growth rate was more than 11 times the industry average. The company achieved these results while reducing selling expenses by 10%, demonstrating effective cost management and market share gains across all segments.
Leafbuyer Technologies Inc. (OTCQB:LBUY), a leading cannabis technology company, has announced its quarterly results for the period ending March 31, 2024. The company reported a 16.4% increase in year-over-year revenue growth and a 9% increase in gross profit. This growth rate is nearly double the industry's projected compound annual growth rate of 8.5%, according to New Frontier Data.
The company's success is attributed to increased sales of its loyalty, texting, online ordering, and web application solutions. Leafbuyer's CEO, Kurt Rossner, emphasized the company's superior offering in the market, noting that many competitors have experienced year-to-year declines in topline numbers. Leafbuyer generates revenue through its marketing technology platforms, which connect cannabis consumers with dispensaries and product companies across the country.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Leafbuyer (LBUY)?
What is the market cap of Leafbuyer (LBUY)?
