Friendable, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 26, 2020 at 02:16 am IST
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Friendable, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 111,392 compared to USD 118,801 a year ago. Operating loss was USD 690,452 compared to USD 200,201 a year ago. Net loss was USD 208,558 compared to USD 1.169 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 3.72 a year ago. For the nine months, sales was USD 322,671 compared to USD 120,662 a year ago. Operating loss was USD 1.424 million compared to USD 684,642 a year ago. Net loss was USD 2.489 million compared to USD 1.918 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 6.1 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. 