Friendable, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 06:57 am EDT
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Friendable, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,609 compared to USD 92,891 a year ago. Operating loss was USD 735,910 compared to USD 406,375 a year ago. Net income was USD 833,549 compared to net loss of USD 733,613 a year ago. For the half year, total revenue was USD 2,914 compared to USD 211,279 a year ago. Operating loss was USD 1.295 million compared to USD 734,384 a year ago. Net loss was USD 1.651 million compared to USD 2.281 million a year ago.
Friendable, Inc. is a mobile-focused technology and marketing company. The Company is focused on connecting and engaging users through its applications. The Companyâs flagship product Fan Pass, which is a mobile platform that is engaged in engaging in music fans from anywhere around the World with the music artists featured on the FanPassLive App. It connects the fans of their favorite celebrity or artist, to a very important person (VIP) or backstage experience, right from their smartphone or other connected devices. Fan Pass. Fan Pass application includes various features, such as UX (user experience) and UI (user interface) attributes, upgraded feature sets for artists and fans, an accelerated artist on boarding process, and enhanced dashboard features. Fan Pass v2.0 is also accessible via desktop and Web applications. FanPassLive offers artists at all levels and genres engaging fans from one platform, removing the need for multiple sharing platforms.
FRIENDABLE, INC. 
