FingerMotion ( (FNGR) ) has released its Q4 earnings. Here is a breakdown of the information FingerMotion presented to its investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
FingerMotion, Inc. is a technology company specializing in mobile payment and recharge platform solutions, primarily operating in the Chinese market. The company aims to expand its user base and develop a highly engaged ecosystem through innovative applications.
FingerMotion recently released its financial results for the fiscal year ending February 28, 2025, reporting a slight decrease in annual revenue to $35.61 million. Despite this, the company highlighted significant growth in its SMS & MMS business and initial revenue generation from new platforms.
Key financial metrics revealed a 206% increase in SMS & MMS business revenue, offsetting a 17% decline in the Telecommunications Products & Services segment. The company also reported a decrease in gross profits by 28% and an increase in operating expenses by 13%, leading to a net loss of $5.11 million for the year.
Looking ahead, FingerMotion’s management remains optimistic about future growth, focusing on platform development and diversification. The company plans to leverage its new DaGe and C2 Platforms to expand its customer base and enhance market penetration, aiming to create value for shareholders.