Freeze Tag, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 15, 2023 at 02:31 am IST
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Freeze Tag, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.579542 million compared to USD 0.492739 million a year ago. Net income was USD 0.025202 million compared to USD 0.144497 million a year ago.
For the six months, sales was USD 1.09 million compared to USD 1.01 million a year ago. Net loss was USD 0.022639 million compared to net income of USD 0.12185 million 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.