Freeze Tag, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 10:01 pm
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Freeze Tag, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 505,856 compared to USD 403,490 a year ago. Operating loss was USD 39,452 compared to USD 103,957 a year ago. Net loss was USD 51,147 compared to USD 114,047 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.