Tapinator, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
September 26, 2021 at 01:10 pm
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Tapinator, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1.420 million compared to USD 1.174 million a year ago. Operating income was USD 263,388 compared to USD 80,543 a year ago. Net income was USD 215,993 compared to USD 63,706 a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.11 a year ago. For the half year, sales was USD 2.636 million compared to USD 2.088 million a year ago. Operating income was USD 364,100 compared to operating loss of USD 173,237 a year ago. Net income was USD 453,446 compared to net loss of USD 203,497 a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to basic loss per share from continuing operations of USD 0.37 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to diluted loss per share from continuing operations of USD 0.37 a year ago.
Tapinator, Inc. develops and publishes games for mobile platforms. The Companyâs portfolio includes over 300 titles that have over 500 million mobile downloads, including games such as Video Poker Classic and Crypto Trillionaire. It publishes two types of mobile games: Category Leading Games and Rapid-Launch Games. The Company operates NFT500, a digital art collection platform consisting of blue-chip fine art non-fungible tokens (NFTs), consists of approximately 525 fine art NFTs from more than 150 prominent NFT artists, such as Tyler Hobbs, Bored Ape Yacht Club, XCOPY, Helena Sarin, Pindar Van Arman, Monica Rizzolli, Refik Anadol, Manolo Gamboa Naon, Kevin Abosch, Zach Lieberman, Pak, Anne Spalter, Snofro, Hackatao, Bruce Gilden, Justin Aversano, Claire Silver, Zancan, Matt Deslauriers, Dmitri Cherniak, Nick Kuder and Damien Hirst. The Company's Rapid-Launch Games are published primarily under its Tap2Play brand. Its subsidiaries include Tapinator, LLC and Tap2Play, LLC.