LEAFBUYER TECHNOLOGIES Reports $139K Net Income in Q3 FY26, Despite 35% Revenue Drop
LBUY has more than doubled off its 52-week low of $0.001 on elevated volume (1.9× avg).
Summary
LEAFBUYER TECHNOLOGIES, INC. reported Q3 FY2026 results with revenue of $1.13 million, a 35% year-over-year decline, and net income of $139.4 thousand, down 41% from the prior year. These results are significant given the company's previous 10-Q, which included a "going concern" warning and a shift to a net loss. While revenue continues to decline, the company managed to achieve a net income, indicating some stabilization or cost control efforts. The revenue decline was attributed to changes in FCC 10DLC messaging regulations and customer behavior, though the company noted some client returns after competitors struggled with compliance. Management is pursuing market expansion into newly legalized states to regain revenue momentum. Traders will be watching for continued signs of financial stability and the effectiveness of their growth strategies.
At the time of this announcement, LBUY was trading at $0.01 on OTC in the Technology sector, with a market capitalization of approximately $1.2M. The 52-week trading range was $0.00 to $0.04. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.