Friendable, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 18, 2022 at 04:19 pm EST
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Friendable, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 0.048933 million compared to USD 0.001866 million a year ago. Net loss was USD 1.37 million compared to USD 0.319262 million a year ago. Basic loss per share from continuing operations was USD 0.0003 compared to USD 0.001 a year ago. Diluted loss per share from continuing operations was USD 0.0003 compared to USD 0.001 a year ago.
For the nine months, revenue was USD 0.161727 million compared to USD 0.00478 million a year ago. Net loss was USD 2.84 million compared to USD 1.97 million a year ago. Basic loss per share from continuing operations was USD 0.0012 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.0012 compared to USD 0.01 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. 
