Welcome to our dedicated page for Lftd Partners news (Ticker: LIFD), a resource for investors and traders seeking the latest updates and insights on Lftd Partners stock.
LFTD Partners Inc. (OTCQB: LIFD) maintains an active presence in the hemp-derived product sector through its subsidiary Lifted Made. This news hub provides investors and industry observers with essential updates about the company's strategic initiatives, regulatory compliance efforts, and product innovations.
Our curated collection offers immediate access to press releases covering earnings announcements, manufacturing expansions, and brand developments. Track the company's progress in cannabinoid research, market-specific acquisitions, and operational updates from its diversified production facilities.
Key content areas include new product launches, compliance achievements in evolving regulatory environments, and partnerships enhancing LIFD's market position. The archive serves as a historical record of the company's adaptation to industry challenges and consumer trends.
For stakeholders monitoring the psychoactive products sector, this page delivers structured updates without promotional bias. Bookmark this resource for efficient tracking of LFTD Partners' financial disclosures and operational milestones in the competitive wellness markets.
LFTD Partners (OTCQB:LIFD), the parent company of Lifted Made, reported its Q1 2024 financial results. Revenue fell 14% to $10.67M from $12.46M in Q1 2023. Operating loss increased to $122K from $105K, while net loss surged to $1.14M from $142K. Basic and diluted loss per share widened to $0.08 from $0.01. On the balance sheet, cash remained steady at $4.38M. Inventory dropped 25% to $7.66M. Current assets and working capital decreased by 15% and 12%, respectively. Notes payable reduced by 3% to $3.73M. The current ratio improved slightly to 2.62. The company will hold a conference call on May 15, 2024, at 8:30 AM ET to discuss these results and provide updates.
LFTD Partners (OTCQB:LIFD), the parent company of Lifted Made, known for its Urb Finest Flowers brand, will release its first quarter 2024 financial results on May 14, 2024. Following the release, an earnings conference call and webcast will take place on May 15, 2024, at 8:30 AM ET to discuss the results. Investors can join the call toll-free at 877-545-0320 or internationally at 973-528-0002 using access code 362392. The webcast link and replay will be available on the Investor Relations section of their website. Questions can be submitted prior to the call by emailing jakejacobs@lftdpartners.com.
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