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Bullboard - Stock Discussion Forum Ladybug Resource Group Inc LBRG

Ladybug Resource Group Inc is a distribution services company for the agricultural industry, focusing on innovation to meet the challenges of today's changing world. It is currently evaluating potent acquisition candidates and Investing in Growth Businesses for long-term growth and returns for shareholders. LBR acquired the Gold Mountain Distribution, CA, and The Cali Girl. GMD is a full... see more

OTCPK:LBRG - Post Discussion

Ladybug Resource Group Inc > Ladybug Resource Group Achieves Record $9.6 Million Revenue
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Post by AveragePenny on Dec 16, 2024 8:21am

Ladybug Resource Group Achieves Record $9.6 Million Revenue

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.

https://www.globenewswire.com/news-release/2024/12/16/2997464/0/en/Ladybug-Resource-Group-Achieves-Record-9-6-Million-Revenue.html

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