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Friendable, Inc. FDBL
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Posted On: 05/20/2022 3:35:32 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Friendable Inc. (FDBL) Eyes Consistent Growth of 360 Artist Platform

Friendable (OTC: FDBL) has seen consistent growth across all facets of the business since acquiring Artist Republik, including FeaturedX, in January 2022. “The company has recently reported on its first 100 days of growth for its 360 artist platform offering with a lot of the increase in numbers being closely attributed to Friendable’s Fan Pass Live artist platform taking the Artist Republik brand under its wing and successfully upgrading systems, rebuilding technologies, migrating/consolidating support, cross-promoting the entire 360 artist offering, and integrating brand messaging,” a recent article reads. “The company’s efforts have led to visible key indicators of growth and scale… The key metrics being reported for Artist Republik during the first 100 days of 2022 (January 4, 2022 – April 21, 2022) include: revenue per subscriber – up 107.3% (an average of $10.72 per subscriber); spend per customer – up 28.3% (an average of $34.12 per customer); and subscriber lifetime value (‘LTV’) – up 168.5% (an average LTV of $214.45)… Friendable CEO Robert A Rositano explained that the company continues to be on the correct path, doing everything at a pace the business can keep up with, as it continues to explore new avenues and opportunities for explosive growth.”

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