Financial Highlights: Revenue rose 38% from $1,169,622 to $1,609,473 in the second quarter of fiscal year 2024 Revenue Increase was more than 11X Industry Growth Rate Expanding Profit Margins: Gross Margins increased 53% Year to Year Gross Profit increased 110% from $356,278 to $749,281 in the same period DENVER, CO / ACCESSWIRE / November 20, 2024 / Leafbuyer Technologies Inc . (OTCQB:LBUY) ("Leafbuyer" or "the Company"), a leading cannabis technology and marketing platform, announced today that quarterly revenue rose 38% year over year in the quarter ending September 30, 2024.
16.4% Increase in Year Over Year Revenue Growth and a 9% increase in Gross profit DENVER, CO / ACCESSWIRE / September 20, 2024 / Leafbuyer Technologies Inc. ("Leafbuyer" or "the Company") (OTCQB:LBUY), a leading cannabis technology company, announced today that revenue grew 16.4% and gross profit increased by 9% in the quarter ending March 31,2024. Leafbuyer's 16.4%% year-over-year revenue growth rate is nearly double the industry's projected compound annual growth rate of 8.5%, according to New Frontier Data.