Freeze Tag, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 15, 2020 at 02:34 am IST
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Freeze Tag, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 436,065 compared to USD 518,213 a year ago. Operating loss was USD 61,989 compared to USD 42,449 a year ago. Net loss was USD 71,461 compared to USD 52,539 a year ago. For the half year, sales was USD 839,555 compared to USD 1.078 million a year ago. Operating loss was USD 165,946 compared to USD 18,087 a year ago. Net loss was USD 185,508 compared to USD 38,163 a year ago.
Freeze Tag, Inc. is a creator of location-based, mobile social games that are fun and engaging for consumers and businesses. Its portfolio includes games, such as Munzee, a social platform with over 10 million locations worldwide and hundreds of thousands of players that blends gamification and geolocation into an experience that rewards players for going places in the physical world; WallaBee, a collecting game with over 2,000 drawn digital cards, as well as various social mobile games that provide hours of family-friendly fun. Its mobile games include Alpha Bunny, Black Forest: Hidden Object Mystery, Black Forest: Puzzle Tiles, Clouds, Eventzee, Garfield GO, Garfield Trivia, Jelly Drop!, Kitty Pawp: Bubble Shooter, Munzee, Party Animals: Dance Battle for iOS, Rank It! Trivia, Rocket Weasel for iPhone/iPod Touch/iPad, and others. It also offers its technology and services to third party businesses that want to leverage mobile gaming in their marketing and branding programs.
FREEZE TAG, INC. 
