Latest news with #FingerMotion
Globe and Mail
30-05-2025
- Business
- Globe and Mail
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 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: 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 ( 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.
Yahoo
30-05-2025
- Business
- Yahoo
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 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: Company Contact: FingerMotion, further information e-mail: info@ 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: info@ 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 ( 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
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) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
Why FingerMotion Inc (FNGR) is Surging in 2025
We recently published a list of . In this article, we are going to take a look at where FingerMotion Inc (NASDAQ:FNGR) stands against other communication services stocks that are up the most so far in 2025. The communication services sector has been one of Wall Street's most dynamic performers so far this year. The sector has a lot of breadth and encompasses everything from traditional telecom giants to digital advertising platforms and streaming entertainment providers, so the sector hardly moves in tandem. What makes this sector particularly intriguing is how different subsegments are thriving for entirely different reasons. Tech-oriented communication stocks have capitalized on AI, whereas telecom stalwarts have found strength through 5G network expansion, which is finally becoming the dominant communication standard this year. Understanding these market leaders provides both defensive positioning opportunities and exposure to some of the most innovative companies. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified in another article. For this article, I screened the best-performing communication services stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A young professional holding the latest mobile phone model, highlighting the telecommunications provider's products and services. Number of Hedge Fund Holders In Q4 2024: 2 FingerMotion Inc (NASDAQ:FNGR) is a technology company specializing in mobile payment, recharge platforms, and value-added telecom services in China, including big data analytics and cloud services. The stock's sharp rise in 2025 was primarily driven by its Q3 fiscal 2025 results, which showed a 39% year-over-year revenue increase to $8.53 million, mainly from its Telecommunications Products and Services division. The company also reported a narrower net loss and significant reductions in general and administrative expenses, which the market interpreted as operational improvement. The management highlighted new growth opportunities in their Command and Communications segment and the acceleration of monetization within their Big Data business. The successful completion of a recent financing round equipped FingerMotion with resources to pursue these initiatives. FNGR stock is up 52.08% year-to-date. Overall, FNGR ranks 10th on our list of communication services stocks that are up the most so far in 2025. While we acknowledge the potential of FNGR, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FNGR but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
3 Promising Penny Stocks With Market Caps Over $100M To Consider
As the Dow Jones and S&P 500 continue their upward streak, buoyed by strong earnings reports and tariff discussions, investors are exploring diverse opportunities in the stock market. Penny stocks, a term that might seem outdated, still capture attention due to their potential for growth and affordability. For those interested in smaller or newer companies with solid financial foundations, these stocks can offer a mix of value and stability. Name Share Price Market Cap Financial Health Rating Safe Bulkers (NYSE:SB) $3.38 $355.42M ★★★★☆☆ Tuya (NYSE:TUYA) $2.22 $1.2B ★★★★★★ Smith Micro Software (NasdaqCM:SMSI) $1.12 $20.8M ★★★★☆☆ Kiora Pharmaceuticals (NasdaqCM:KPRX) $3.30 $9.6M ★★★★★★ Flexible Solutions International (NYSEAM:FSI) $3.86 $48.95M ★★★★★★ Waterdrop (NYSE:WDH) $1.30 $462.96M ★★★★★☆ TETRA Technologies (NYSE:TTI) $2.71 $356.14M ★★★★☆☆ BAB (OTCPK:BABB) $0.82175 $5.88M ★★★★★★ Lifetime Brands (NasdaqGS:LCUT) $3.42 $79.56M ★★★★★☆ CBAK Energy Technology (NasdaqCM:CBAT) $0.7108 $64.15M ★★★★★☆ Click here to see the full list of 759 stocks from our US Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: FingerMotion, Inc. is a mobile data specialist company that offers a mobile payment and recharge platform system in China, with a market cap of $106.28 million. Operations: The company's revenue is primarily derived from its Wireless Communications Services segment, which generated $33.57 million. Market Cap: $106.28M FingerMotion, Inc. is a mobile data specialist with a market cap of US$106.28 million, primarily generating revenue from its Wireless Communications Services segment at US$33.57 million. Despite being unprofitable and experiencing increased losses over the past five years, the company maintains short-term assets exceeding both its short and long-term liabilities. The debt to equity ratio remains satisfactory at 14.9%, though it has slightly increased over time. Recent participation in investor conferences may enhance visibility, but the stock's high volatility and lack of profitability present challenges for investors seeking stability in penny stocks. Take a closer look at FingerMotion's potential here in our financial health report. Review our historical performance report to gain insights into FingerMotion's track record. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Nerdy, Inc. operates a platform for live online learning in the United States and has a market cap of $302.17 million. Operations: The company generates revenue from its Educational Services segment, specifically in Education & Training Services, amounting to $190.23 million. Market Cap: $302.17M Nerdy, Inc., with a market cap of US$302.17 million, operates within the Education & Training Services sector, generating annual revenue of US$190.23 million. Despite being debt-free and having sufficient short-term assets to cover liabilities, Nerdy remains unprofitable with increasing losses over the past five years. Recent earnings showed a net loss of US$42.59 million for 2024 compared to the previous year's loss of US$40.17 million, while revenue slightly decreased year-over-year. Insider selling and high volatility pose additional concerns for investors considering this stock in the penny stock segment. Get an in-depth perspective on Nerdy's performance by reading our balance sheet health report here. Understand Nerdy's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Zhihu Inc. operates an online content community in the People's Republic of China with a market cap of $333.04 million. Operations: Zhihu's revenue primarily comes from its advertising segment, which generated CN¥3.60 billion. Market Cap: $333.04M Zhihu Inc., with a market cap of $333.04 million, operates within the online content community sector in China, primarily generating revenue from advertising. Despite being unprofitable, Zhihu has significantly reduced its losses over five years and maintains a strong financial position with short-term assets exceeding liabilities and no debt. Recent earnings showed improvement with a net income of CN¥86.27 million for Q4 2024, reversing from a loss the previous year. The company completed a substantial share buyback program but faces challenges due to high share price volatility and an inexperienced management team. Click here and access our complete financial health analysis report to understand the dynamics of Zhihu. Review our growth performance report to gain insights into Zhihu's future. Explore the 759 names from our US Penny Stocks screener here. Ready For A Different Approach? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. 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. Companies discussed in this article include NasdaqCM:FNGR NYSE:NRDY and NYSE:ZH. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
