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Earnings documents stored for FNGR.
Investor releaseQuarter not tagged2026-07-16FingerMotion Reports Q1 2027 Financial Results
TMX Newsfile
FingerMotion Reports Q1 2027 Financial Results
Singapore, Singapore--(Newsfile Corp. - July 16, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to report its financial results for the first quarter of fiscal 2027 for the period ended May 31, 2026. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at https://www.fingermotion.com/investor-relations/sec-filings/all, which should be read in connection with this news release. Q1 2027 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $650,089 which was a decrease of $7,808,654 in revenues of 92% compared to Q1 2026. The decrease was primarily due to lower revenue in its Telecommunications Products & Services business; Reported Telecommunications Products and Services revenue of $502,672 in Q1 2027, compared to approximately $8,311,354 in Q1 2026, which was a decrease of $7,808,582 or 94% compared to Q1 2026; Reported Marketplace Platform and Digital Commerce Infrastructure Solutions revenue of $11,939 in Q1 2027, compared to $10,938 in Q1 2026, which was up 9% from Q1 2026; Reported Advanced Technology and Platform Solutions revenue of $135,478 in Q1 2027, compared to $109,241 in Q1 2026, which was up 24% compared to Q1 2026; Reported Data and Analytics Platform Solutions revenue of $0 in Q1 2027, which was a decrease of $27,310 or 100% compared to Q1 2026. Reported quarterly cost of revenue of $441,611, which was a decrease of $7,864,611 or 95% compared to Q1 2026; Reported gross profit of $208,478, compared to $152,521 in Q1 2026, which was an increase of $55,957 or 37% compared to Q1 2026; Reported operating expenses of $2,1412,559 in Q1 2027, compared to $2,141,451 in Q1 2026, which was an increase of $1,108 or 0.1%; Reported quarterly loss of $2.00 million which was a decrease of $8,229 or 0.4% compared to Q1 2026; Basic and Diluted loss per share of $0.03 versus a loss per share of $0.04 for Q1 2026; On May 31, 2026, FingerMotion had $987,391 in cash, a working capital surplus of $4,381,852 and a positive shareholders equity of $13,329,467; Total Assets were $61.90 million, Total Current Liabilities were $48.55 million and Total Liabilities were $48.57 million; 61,281,308 common shares were issued and outstanding as of May 31, 2…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - July 16, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to report its financial results for the first quarter of fiscal 2027 for the period ended May 31, 2026. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at https://www.fingermotion.com/investor-relations/sec-filings/all, which should be read in connection with this news release. Q1 2027 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $650,089 which was a decrease of $7,808,654 in revenues of 92% compared to Q1 2026. The decrease was primarily due to lower revenue in its Telecommunications Products & Services business; Reported Telecommunications Products and Services revenue of $502,672 in Q1 2027, compared to approximately $8,311,354 in Q1 2026, which was a decrease of $7,808,582 or 94% compared to Q1 2026; Reported Marketplace Platform and Digital Commerce Infrastructure Solutions revenue of $11,939 in Q1 2027, compared to $10,938 in Q1 2026, which was up 9% from Q1 2026; Reported Advanced Technology and Platform Solutions revenue of $135,478 in Q1 2027, compared to $109,241 in Q1 2026, which was up 24% compared to Q1 2026; Reported Data and Analytics Platform Solutions revenue of $0 in Q1 2027, which was a decrease of $27,310 or 100% compared to Q1 2026. Reported quarterly cost of revenue of $441,611, which was a decrease of $7,864,611 or 95% compared to Q1 2026; Reported gross profit of $208,478, compared to $152,521 in Q1 2026, which was an increase of $55,957 or 37% compared to Q1 2026; Reported operating expenses of $2,1412,559 in Q1 2027, compared to $2,141,451 in Q1 2026, which was an increase of $1,108 or 0.1%; Reported quarterly loss of $2.00 million which was a decrease of $8,229 or 0.4% compared to Q1 2026; Basic and Diluted loss per share of $0.03 versus a loss per share of $0.04 for Q1 2026; On May 31, 2026, FingerMotion had $987,391 in cash, a working capital surplus of $4,381,852 and a positive shareholders equity of $13,329,467; Total Assets were $61.90 million, Total Current Liabilities were $48.55 million and Total Liabilities were $48.57 million; 61,281,308 common shares were issued and outstanding as of May 31, 2026. "During the quarter, we were pleased to see improved profitability metrics despite a sharp decline in lower-margin transaction revenue," said CEO Martin Shen. "The Company's gross profit and gross margin both improved year over year, reflecting a more favorable revenue mix and better cost discipline. Our discipline was reflected in the balance sheet with positive working capital and shareholders' equity, which provides additional financial flexibility as management continues to execute on its platform strategy." About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com Company Contact: FingerMotion, Inc.For further information e-mail: [email protected]: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy the Company's securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305394
Investor releaseQuarter not tagged2026-05-29FingerMotion Reports FY 2026 Financial Results
TMX Newsfile
FingerMotion Reports FY 2026 Financial Results
Singapore, Singapore--(Newsfile Corp. - May 29, 2026) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to report its financial results for the year ended February 28, 2026. To review the full financial results, please view the Company's recent 10-K filing at www.sec.gov/edgar/search, which should be read in connection with this news release. FY 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported annual revenue of $24.13 million, compared to $35.61 million in FY 2026 which was a decrease of $11.48 million or 32% compared to FY 2025. Primarily due to the Telecommunications Products & Services business segment; Reported Telecommunications Products and Services revenue of $23.94 million in FY 2026, compared to approximately $35.23 million in FY 2025 which was a decrease of $11.46 million or 32% compared to FY 2025; Reported Marketplace Platform and Digital Commerce Infrastructure Solutions revenue of $25,037 in FY 2026, compared to $80,952 which was a decrease of 69% from FY 2025; Reported Advanced Technology and Platform Solutions revenue of $141,886 in FY 2026, compared to $188,576 in FY 2025 which was a decrease of 25% compared to FY 2025; Reported Data and Analytics Platform Solutions revenue of $27,780 in FY 2026, which was an increase of $85,989 or 148% compared to FY2025. Reported annual cost of revenue of $23.44 million in FY 2026 compared to $32.84 million in FY 2025 which was a decrease of $9.41 million or 29%; Reported gross profit of $693,845, compared to $2.76 million in FY 2025 which was a decrease of $2.07 million or 75% compared to FY 2025; Reported operating expenses of $7.63 million in FY 2026, compared to $8.71 million in FY 2025 which was a decrease of $1.08 million or 12% compared to FY 2025; Reported annual loss of $7.0 million compared to $5.11 million in FY 2025 which was an increase of $1.88 million or 37% compared to FY 2025; Basic and Diluted loss per share of $0.12; At February 28, 2026, FingerMotion had $68,596 in cash, a working capital surplus of $6.09 million and a positive shareholders equity of $15.15 million; Total Assets were $60.85 million, Total Liabilities were $45.70 million; and Total Shareholder's Equity were $15.15 million 61,281,308 common shares were issued and outstanding as of May 26, 2026. "Fiscal 2026…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - May 29, 2026) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to report its financial results for the year ended February 28, 2026. To review the full financial results, please view the Company's recent 10-K filing at www.sec.gov/edgar/search, which should be read in connection with this news release. FY 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported annual revenue of $24.13 million, compared to $35.61 million in FY 2026 which was a decrease of $11.48 million or 32% compared to FY 2025. Primarily due to the Telecommunications Products & Services business segment; Reported Telecommunications Products and Services revenue of $23.94 million in FY 2026, compared to approximately $35.23 million in FY 2025 which was a decrease of $11.46 million or 32% compared to FY 2025; Reported Marketplace Platform and Digital Commerce Infrastructure Solutions revenue of $25,037 in FY 2026, compared to $80,952 which was a decrease of 69% from FY 2025; Reported Advanced Technology and Platform Solutions revenue of $141,886 in FY 2026, compared to $188,576 in FY 2025 which was a decrease of 25% compared to FY 2025; Reported Data and Analytics Platform Solutions revenue of $27,780 in FY 2026, which was an increase of $85,989 or 148% compared to FY2025. Reported annual cost of revenue of $23.44 million in FY 2026 compared to $32.84 million in FY 2025 which was a decrease of $9.41 million or 29%; Reported gross profit of $693,845, compared to $2.76 million in FY 2025 which was a decrease of $2.07 million or 75% compared to FY 2025; Reported operating expenses of $7.63 million in FY 2026, compared to $8.71 million in FY 2025 which was a decrease of $1.08 million or 12% compared to FY 2025; Reported annual loss of $7.0 million compared to $5.11 million in FY 2025 which was an increase of $1.88 million or 37% compared to FY 2025; Basic and Diluted loss per share of $0.12; At February 28, 2026, FingerMotion had $68,596 in cash, a working capital surplus of $6.09 million and a positive shareholders equity of $15.15 million; Total Assets were $60.85 million, Total Liabilities were $45.70 million; and Total Shareholder's Equity were $15.15 million 61,281,308 common shares were issued and outstanding as of May 26, 2026. "Fiscal 2026 presented both opportunities and challenges," said Martin Shen, CEO of FingerMotion, "as we continued investing in our business while responding to changes in operating conditions. Our priority remains strengthening our core telecommunications operations while continuing to develop our marketplace platforms, data analytics capabilities, and technology initiatives in a disciplined manner. We remain focused on improving operational efficiency, strengthening execution across our businesses, and allocating capital carefully. While China continues to be an important market for the Company, we are also evaluating opportunities in selected international markets as part of our strategy to broaden our business footprint and diversify future growth opportunities. Our objective is to continue building a stronger and more diversified business portfolio while creating long-term value for our shareholders." During fiscal 2026, transaction activity in the Company's core telecommunications business declined, which contributed to lower revenue and gross profit for the year. At the same time, management continued to reduce operating expenses and selectively support commercialization and development efforts across its Marketplace Platform, Sapientus, and C2 initiatives. General and administrative expenses decreased by $1,396,351 or 22% during the year which was primarily attributable to lower salaries and wages, traveling, entertainment, accounting, consulting, and other miscellaneous expenses. Marketing costs decreased $193,061 or 70% resulting from reduced marketing and promotional activities due to cost controls and lower levels of liquidity. Research and development expenses decreased by $220,842 or 35% due to decreased personnel-related costs. About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com Company Contact: FingerMotion, Inc.For further information e-mail: [email protected]: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy the Company's securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299500
Investor releaseQuarter not tagged2026-03-02FingerMotion Announces Results of Annual Meeting
TMX Newsfile
FingerMotion Announces Results of Annual Meeting
Singapore, Singapore--(Newsfile Corp. - March 2, 2026) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, announces that, in conjunction with the holding of the Company's recent annual meeting of stockholders on February 26, 2026, the following were the outcome of the matters voted on at the annual meeting: Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Eng Ho Ng, Tuck Seng Low and Yang Yeat Choe were elected to the Board of Directors of the Company; CT International LLP was appointed as the Company's independent registered public accounting firm; the Company's executive compensation was approved; and the following executive officers of the Company were re-appointed by the Board of Directors of the Company following the annual meeting: Martin J. Shen: President and Chief Executive Officer; and Yew Hon Lee: Chief Financial Officer, Secretary and Treasurer. About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/ Company Contact: FingerMotion, Inc. For further information e-mail: [email protected] Phone: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations,…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - March 2, 2026) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, announces that, in conjunction with the holding of the Company's recent annual meeting of stockholders on February 26, 2026, the following were the outcome of the matters voted on at the annual meeting: Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Eng Ho Ng, Tuck Seng Low and Yang Yeat Choe were elected to the Board of Directors of the Company; CT International LLP was appointed as the Company's independent registered public accounting firm; the Company's executive compensation was approved; and the following executive officers of the Company were re-appointed by the Board of Directors of the Company following the annual meeting: Martin J. Shen: President and Chief Executive Officer; and Yew Hon Lee: Chief Financial Officer, Secretary and Treasurer. About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/ Company Contact: FingerMotion, Inc. For further information e-mail: [email protected] Phone: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285876
Investor releaseQuarter not tagged2026-01-15FingerMotion Reports Q3 2026 Financial Results
TMX Newsfile
FingerMotion Reports Q3 2026 Financial Results
Singapore, Singapore--(Newsfile Corp. - January 15, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the third quarter of fiscal 2026 for the period ended November 30, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q3 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $5.80 million, a 32% decrease compared to Q3 of fiscal 2025; Telecommunications Products & Services business revenue was $5.76 million, down 32% compared to Q32 of fiscal 2025; DaGe Platform generated $4,354 compared to $30,529 in Q3 of fiscal 2025 due to capital constraints which effected operational and promotional activities; Command and Communication segment contributed $31,051 in revenue compared to $138 in Q3 of fiscal 2025; Big Data segment generated $126 in revenue, compared to $nil in Q3 of fiscal 2025; Cost of revenue decreased to $5.53 million, resulting in gross profit of $263,103, a 41% decrease from Q3 of fiscal 2025; Operating expenses were $1.96 million, a 4.5% decrease from $2.06 million in Q3 of fiscal 2025; Net loss attributable to shareholders was $1.67 million, a 0.6% increase from $1.66 million in Q3 of fiscal 2025; Reported basic and diluted loss per share of $0.03, compared to a loss per share of $0.03 for Q3 of fiscal 2025; On November 30, 2025, FingerMotion had $24,214 in cash and cash equivalents, a working capital surplus of $7.26 million and shareholders' equity of $16.34 million; On November 30, 2025, total assets were $60.06 million, total current liabilities were $43.70 million and total liabilities were $43.71 million; 61,217,225 shares of common stock were issued and outstanding as of November 30, 2025. FingerMotion's Q3 performance reflects a transition toward a more diversified business model. The Telecommunications Products & Services segment remains the Company's foundation, but capital constraints during the quarter reduced our ability to fund the business at historical levels as we moved resources in favour of our Command and Communications segment. Th…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - January 15, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the third quarter of fiscal 2026 for the period ended November 30, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q3 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $5.80 million, a 32% decrease compared to Q3 of fiscal 2025; Telecommunications Products & Services business revenue was $5.76 million, down 32% compared to Q32 of fiscal 2025; DaGe Platform generated $4,354 compared to $30,529 in Q3 of fiscal 2025 due to capital constraints which effected operational and promotional activities; Command and Communication segment contributed $31,051 in revenue compared to $138 in Q3 of fiscal 2025; Big Data segment generated $126 in revenue, compared to $nil in Q3 of fiscal 2025; Cost of revenue decreased to $5.53 million, resulting in gross profit of $263,103, a 41% decrease from Q3 of fiscal 2025; Operating expenses were $1.96 million, a 4.5% decrease from $2.06 million in Q3 of fiscal 2025; Net loss attributable to shareholders was $1.67 million, a 0.6% increase from $1.66 million in Q3 of fiscal 2025; Reported basic and diluted loss per share of $0.03, compared to a loss per share of $0.03 for Q3 of fiscal 2025; On November 30, 2025, FingerMotion had $24,214 in cash and cash equivalents, a working capital surplus of $7.26 million and shareholders' equity of $16.34 million; On November 30, 2025, total assets were $60.06 million, total current liabilities were $43.70 million and total liabilities were $43.71 million; 61,217,225 shares of common stock were issued and outstanding as of November 30, 2025. FingerMotion's Q3 performance reflects a transition toward a more diversified business model. The Telecommunications Products & Services segment remains the Company's foundation, but capital constraints during the quarter reduced our ability to fund the business at historical levels as we moved resources in favour of our Command and Communications segment. The DaGe Platform's revenue also decreased due to the lack of available cash to fund additional promotional activity within the business segment. "This quarter reflects a disciplined approach to capital management as we pivot toward our highest-growth opportunities," said Martin Shen, CEO of FingerMotion. "We are energized by the momentum in our Command and Communication platform and our recent moves toward strategic acquisitions. By building a leaner, more diversified company, we are ready to scale the innovations we have incubated. Our focus is clear: driving higher revenues and stronger margins through operational efficiency. We are optimistic about the future and remain fully committed to delivering enhanced value to our shareholders." About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/. Company Contact: FingerMotion, Inc. For further information e-mail: [email protected] Phone: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy the Company's securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280453
Investor releaseQuarter not tagged2025-10-15FingerMotion Reports Q2 2026 Financial Results
Newsfile
FingerMotion Reports Q2 2026 Financial Results
Singapore, Singapore--(Newsfile Corp. - October 15, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the second quarter of fiscal 2026 for the period ended August 31, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q2 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $8.65 million, a 2% increase compared to Q2 of fiscal 2025; Telecommunications Products & Services business revenue was $8.64 million, up 3% compared to Q2 of fiscal 2025; DaGe Platform revenue grew to $6,898 compared to $4,789 in Q2 of fiscal 2025; Command and Communication segment contributed $585 in revenue compared to $28,730 in Q2 of fiscal 2025; Big Data segment generated $147 in revenue, compared to $nil in Q2 of fiscal 2025; Cost of revenue increased to $8.61 million, resulting in gross profit of $38,740, an 87% decrease from Q2 of fiscal 2025; Operating expenses were $1.53 million, a 23% decrease from $1.99 million in Q2 of fiscal 2025; Net loss attributable to shareholders was $1.54 million, a 9% reduction from $1.69 million in Q2 of fiscal 2025; Reported basic and diluted loss per share of $0.03, compared to a loss per share of $0.03 for Q2 of fiscal 2025; On August 31, 2025, FingerMotion had $0.22 million in cash and cash equivalents, a working capital surplus of $8.3 million and shareholders' equity of $15.1 million; On August 31, 2025, total assets were $51.9 million, total current liabilities were $36.8 million and total liabilities were $36.8 million; 59,408,429 shares of common stock were issued and outstanding as of August 31, 2025. FingerMotion's Q2 2026 performance reflects strategic discipline and a focus on sustainable growth. The Telecommunications Products & Services segment remains the Company's foundation, delivering consistent revenue growth and serving millions of users across China. The DaGe Platform's revenue increase signals early traction from its collaboration with Qingling Motors Co. Ltd. to develop intelligent vehicle solutions, supported by additional C2 pl…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - October 15, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the second quarter of fiscal 2026 for the period ended August 31, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q2 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $8.65 million, a 2% increase compared to Q2 of fiscal 2025; Telecommunications Products & Services business revenue was $8.64 million, up 3% compared to Q2 of fiscal 2025; DaGe Platform revenue grew to $6,898 compared to $4,789 in Q2 of fiscal 2025; Command and Communication segment contributed $585 in revenue compared to $28,730 in Q2 of fiscal 2025; Big Data segment generated $147 in revenue, compared to $nil in Q2 of fiscal 2025; Cost of revenue increased to $8.61 million, resulting in gross profit of $38,740, an 87% decrease from Q2 of fiscal 2025; Operating expenses were $1.53 million, a 23% decrease from $1.99 million in Q2 of fiscal 2025; Net loss attributable to shareholders was $1.54 million, a 9% reduction from $1.69 million in Q2 of fiscal 2025; Reported basic and diluted loss per share of $0.03, compared to a loss per share of $0.03 for Q2 of fiscal 2025; On August 31, 2025, FingerMotion had $0.22 million in cash and cash equivalents, a working capital surplus of $8.3 million and shareholders' equity of $15.1 million; On August 31, 2025, total assets were $51.9 million, total current liabilities were $36.8 million and total liabilities were $36.8 million; 59,408,429 shares of common stock were issued and outstanding as of August 31, 2025. FingerMotion's Q2 2026 performance reflects strategic discipline and a focus on sustainable growth. The Telecommunications Products & Services segment remains the Company's foundation, delivering consistent revenue growth and serving millions of users across China. The DaGe Platform's revenue increase signals early traction from its collaboration with Qingling Motors Co. Ltd. to develop intelligent vehicle solutions, supported by additional C2 platform investment. The Command and Communication segment saw a temporary revenue adjustment due to resource optimization, while the Big Data segment saw the emergence of revenue and our pivot toward our long-term vision that leverages advanced analytics to unlock new monetization avenues. Operational efficiencies across the board contributed to a 23% reduction in expenses and a 9% narrowing of net loss, underscoring progress towards breakeven. "We're encouraged by our Q2 2026 results and the resilience of our core business, which enables us to diversify revenue streams in a dynamic market," said Martin Shen, CEO of FingerMotion. "Operational efficiencies improved our income statement, while our strong balance sheet, a working capital surplus and solid stockholders' equity gives us the flexibility to pursue strategic initiatives. We're optimistic about opportunities in mobile data, big data insights, and integrated services, and remain committed to innovation and delivering enhanced value to our stakeholders." About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/. Company Contact: FingerMotion, Inc. For further information e-mail: [email protected] Phone: 718-269-3366 Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270449
Investor releaseQuarter not tagged2025-07-16FingerMotion Reports Q1 2026 Financial Results
Newsfile
FingerMotion Reports Q1 2026 Financial Results
Singapore, Singapore--(Newsfile Corp. - July 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the first quarter of fiscal 2026 for the period ended May 31, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q1 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $8.46 million, a 1% increase compared to Q1 of fiscal 2025; Telecommunications Products & Services business revenue was $8.31 million, down 1% compared to Q1 of fiscal 2025; DaGe Platform revenue grew to $10,938 compared to $463 in Q1 of fiscal 2025; Command and Communication segment contributed $109,241 in revenue compared to $nil in Q1 of fiscal 2025; Big Data segment generated $27,310 in revenue, compared to $nil in Q1 of fiscal 2025; Cost of revenue increased to $8.31 million, resulting in gross profit of $152,521, a 78% decrease from $681,889 in Q1 of fiscal 2025; Operating expenses were $2.14 million, a 9% decrease from $2.36 million in Q1 of fiscal 2025; Net loss attributable to shareholders was $2.01 million, a 21% increase from $1.66 million in Q1 of fiscal 2025; Reported basic and diluted loss per share of $0.04, compared to $0.03 for Q1 of fiscal 2025; On May 31, 2025, FingerMotion had $2.86 million in cash and cash equivalents, a working capital surplus of $9.4 million and shareholders' equity of $16.2 million; On May 31, 2025, total assets were $55.71 million, total current liabilities were $39.49 million and total liabilities were $39.51 million; 59,408,429 shares of common stock were issued and outstanding as of May 31, 2025. "While topline revenue showed modest movement, with margin pressure driven by evolving business dynamics, we are encouraged by the initial revenue contribution from our Command and Communication platform, as well as the steady buildout of the DaGe and Big Data businesses," said Martin Shen, CEO of FingerMotion. "Our focus remains on building higher-margin, data-driven business lines, refining our operations, and executing on our strategic roadmap to ensure long-t…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - July 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data and technology company, is pleased to report its financial results for the first quarter of fiscal 2026 for the period ended May 31, 2025. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at www.fingermotion.com/investor-relations/financial-information/details, which should be read in connection with this news release. Q1 2026 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $8.46 million, a 1% increase compared to Q1 of fiscal 2025; Telecommunications Products & Services business revenue was $8.31 million, down 1% compared to Q1 of fiscal 2025; DaGe Platform revenue grew to $10,938 compared to $463 in Q1 of fiscal 2025; Command and Communication segment contributed $109,241 in revenue compared to $nil in Q1 of fiscal 2025; Big Data segment generated $27,310 in revenue, compared to $nil in Q1 of fiscal 2025; Cost of revenue increased to $8.31 million, resulting in gross profit of $152,521, a 78% decrease from $681,889 in Q1 of fiscal 2025; Operating expenses were $2.14 million, a 9% decrease from $2.36 million in Q1 of fiscal 2025; Net loss attributable to shareholders was $2.01 million, a 21% increase from $1.66 million in Q1 of fiscal 2025; Reported basic and diluted loss per share of $0.04, compared to $0.03 for Q1 of fiscal 2025; On May 31, 2025, FingerMotion had $2.86 million in cash and cash equivalents, a working capital surplus of $9.4 million and shareholders' equity of $16.2 million; On May 31, 2025, total assets were $55.71 million, total current liabilities were $39.49 million and total liabilities were $39.51 million; 59,408,429 shares of common stock were issued and outstanding as of May 31, 2025. "While topline revenue showed modest movement, with margin pressure driven by evolving business dynamics, we are encouraged by the initial revenue contribution from our Command and Communication platform, as well as the steady buildout of the DaGe and Big Data businesses," said Martin Shen, CEO of FingerMotion. "Our focus remains on building higher-margin, data-driven business lines, refining our operations, and executing on our strategic roadmap to ensure long-term scalable growth over time to provide solid value for our shareholders." About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/. Company Contact: FingerMotion, Inc. For further information e-mail: [email protected] Phone: 718-269-3366 Investor Relations Contact: Skyline Corporate Communications Group, LLC Scott Powell, President One Rockefeller Plaza, 11th Floor New York, NY 10020 Office: (646) 893-5835 Email: [email protected] Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258903
Investor releaseQuarter not tagged2025-05-30FingerMotion Full Year 2025 Earnings: US$0.092 loss per share (vs US$0.072 loss in FY 2024)
Simply Wall St.
FingerMotion Full Year 2025 Earnings: US$0.092 loss per share (vs US$0.072 loss in FY 2024)
Revenue: US$35.6m (flat on FY 2024). Net loss: US$5.11m (loss widened by 36% from FY 2024). US$0.092 loss per share (further deteriorated from US$0.072 loss in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period FingerMotion shares are down 28% from a week ago. Be aware that FingerMotion is showing 3 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-05-30FingerMotion, Inc. Reports FY 2025 Financial Results
Newsfile
FingerMotion, Inc. Reports FY 2025 Financial Results
Singapore, Singapore--(Newsfile Corp. - May 30, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data, and technology company, is pleased to report its financial results for the fiscal year ended February 28, 2025. To review the full financial results, please view the Company's recent 10-K filing at www.sec.gov/edgar/search, which should be read in connection with this news release. FY 2025 Financial Summary (results expressed in US$ unless otherwise indicated): Reported annual revenue of $35.61 million which was a decrease of $0.18 million or 0.5% compared to FY 2024 (includes Telecommunications Products & Services businesses, SMS & MMS, DaGe Platform, Command & Communication, and Big Data); Reported Year over Year annual decline in Telecommunications Products & Services business revenue of $5.59 million or 17% compared to FY 2024; Reported Year over Year annual growth in SMS & MMS business revenue of $5.52 million or 206% compared to FY 2024; Reported Year over Year annual decline in Big Data revenue of $0.39 million or 118% compared to FY 2024; Reported revenue from the DaGe Platform of $0.08 million in FY 2025; Reported revenue from Command & Communication ("C2 Platform") of $0.19 million in FY 2025; Reported gross profits of $2.76 million which was a decrease of $1.10 million or 28% compared to FY 2024; Reported annual cost of revenue of $32.84 million which was an increase of $0.91 million or 3% compared to FY 2024; Reported operating expenses of $8.71 million which was an increase of $1.03 million or 13% compared to FY 2024; Reported annual net loss of $5.11 million which was an increase of $1.30 million or 34% compared to FY 2024; Basic and Diluted loss per share of $0.09; At February 28, 2025, FingerMotion had $1.13 million in cash, a working capital surplus of $6.90 million and a positive shareholders' equity of $13.66 million; At February 28, 2025, total assets were $48.82 million, total current liabilities were $35.13 million and total liabilities were $35.16 million; and 57,141,186 common shares were issued and outstanding as of February 28, 2025. Strong revenue growth year over year in the SMS & MMS business highlighted our financial performance along with the successful generation of initial revenues from our DaGe Platform and C2 Platform. "I am pleased with the perform…Read full documentShow less
Singapore, Singapore--(Newsfile Corp. - May 30, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services, data, and technology company, is pleased to report its financial results for the fiscal year ended February 28, 2025. To review the full financial results, please view the Company's recent 10-K filing at www.sec.gov/edgar/search, which should be read in connection with this news release. FY 2025 Financial Summary (results expressed in US$ unless otherwise indicated): Reported annual revenue of $35.61 million which was a decrease of $0.18 million or 0.5% compared to FY 2024 (includes Telecommunications Products & Services businesses, SMS & MMS, DaGe Platform, Command & Communication, and Big Data); Reported Year over Year annual decline in Telecommunications Products & Services business revenue of $5.59 million or 17% compared to FY 2024; Reported Year over Year annual growth in SMS & MMS business revenue of $5.52 million or 206% compared to FY 2024; Reported Year over Year annual decline in Big Data revenue of $0.39 million or 118% compared to FY 2024; Reported revenue from the DaGe Platform of $0.08 million in FY 2025; Reported revenue from Command & Communication ("C2 Platform") of $0.19 million in FY 2025; Reported gross profits of $2.76 million which was a decrease of $1.10 million or 28% compared to FY 2024; Reported annual cost of revenue of $32.84 million which was an increase of $0.91 million or 3% compared to FY 2024; Reported operating expenses of $8.71 million which was an increase of $1.03 million or 13% compared to FY 2024; Reported annual net loss of $5.11 million which was an increase of $1.30 million or 34% compared to FY 2024; Basic and Diluted loss per share of $0.09; At February 28, 2025, FingerMotion had $1.13 million in cash, a working capital surplus of $6.90 million and a positive shareholders' equity of $13.66 million; At February 28, 2025, total assets were $48.82 million, total current liabilities were $35.13 million and total liabilities were $35.16 million; and 57,141,186 common shares were issued and outstanding as of February 28, 2025. Strong revenue growth year over year in the SMS & MMS business highlighted our financial performance along with the successful generation of initial revenues from our DaGe Platform and C2 Platform. "I am pleased with the performance of our SMS & MMS business in fiscal 2025 and with our diversification and collaboration efforts in other jurisdictions, which is expected to assist in the growth of our business in the future," stated Martin Shen, CEO of FingerMotion. "Our Company remains committed to its growth strategy through the introduction of new platforms such as the DaGe Platform and the development and deployment of the C2 Platform, both of which contributed to revenues in fiscal 2025 and are expected to see substantial growth over the coming quarters. The focus on platform development will allow us to expand our customer base and diversify our offerings to enhance our market penetration in the industry. I am confident that our ability to execute on our strategy and maximize our business opportunities will strengthen our Company and add value to our shareholders." General and administrative expenses decreased by $137,710 or 2% during the year which was primarily attributable to minor reclassifications made during the year to align expense recognition with the appropriate reporting periods. Marketing costs increased $136,206 or 97% resulting from the promotion of the newly launched DaGe App platform. Research and development expenses decreased by $66,792 or 10% due to savings from data access and usage fees charged by the telecommunications companies. About FingerMotion, Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information on FingerMotion, visit: https://fingermotion.com/ Company Contact: FingerMotion, Inc.For further information e-mail: [email protected]: 718-269-3366 Investor Relations Contact: Skyline Corporate Communications Group, LLCScott Powell, President1177 Avenue of the Americas, 5th FloorNew York, NY 10036Office: (646) 893-5835Email: [email protected] Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253907

