FingerMotion Introduces New Enterprise Procurement Platform to Expand Services and Growth

Rhea-AI Summary

FingerMotion (NASDAQ: FNGR) announced on December 1, 2025 that its subsidiary Shanghai JiuGe Information Technology Co., Ltd. launched the JiuGe Procurement Platform, an enterprise procurement service to support JiuGe Technology's mobile recharge business.

The platform centralizes supplier product catalogs for employee benefits, customer rewards and promotional campaigns, enables direct delivery to end users, and is designed to simplify procurement and reduce costs. It is currently piloting with China Mobile (Shanghai and Jiangxi regional operations) and Juneyao Airlines. JiuGe Technology plans to scale the platform from regional pilots to a national model to expand its enterprise service footprint.

News Market Reaction

-1.48%

1 alert

-1.48% News Effect

On the day this news was published, FNGR declined 1.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q2 2026 revenue: $8.65 million Q2 2026 gross profit: $38,740 Q2 2026 net loss: $1.54 million +5 more

8 metrics

Q2 2026 revenue $8.65 million Quarter ended August 31, 2025; up 2% year-over-year

Q2 2026 gross profit $38,740 Down 87% year-over-year as cost of revenue rose

Q2 2026 net loss $1.54 million Net loss attributable to shareholders; narrowed 9% year-over-year

Cash and equivalents $0.22 million As of August 31, 2025, indicating tight liquidity

ATM program size $50,000,000 At-the-market equity offering capacity under Sales Agreement

Consultant warrants 4,000,000 warrants IR services warrants exercisable to April 20, 2027

S-3 registered shares 4,360,000 shares Resale registration of common stock and warrant shares

Potential warrant proceeds $7,595,000 Gross proceeds if all registered warrants are fully exercised

Market Reality Check

Price: $1.13 Vol: Volume 267,207 is 1.39x t...

normal vol

$1.13 Last Close

Volume Volume 267,207 is 1.39x the 20-day average of 191,567, indicating elevated interest pre-announcement. normal

Technical Shares at $1.56 are trading below the 200-day MA at $1.83 and well under the $5.1999 52-week high.

Peers on Argus

FNGR was up 1.43% with mixed peer moves: KVHI, RDCM and CXDO modestly positive, ...

FNGR was up 1.43% with mixed peer moves: KVHI, RDCM and CXDO modestly positive, UCL flat, and SURG down 5.16%, suggesting a stock-specific rather than broad sector move.

Historical Context

5 past events · Latest: Dec 01 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Platform launch	Positive	-1.5%	Launch of JiuGe Procurement Platform with China Mobile and Juneyao pilots.
Nov 18	Strategic roadmap	Positive	+18.9%	Announced regional expansion and platform productization strategy.
Nov 17	Dividend warrants plan	Neutral	-2.3%	Preliminary approval of dividend in kind of warrants to shareholders.
Oct 23	AI expansion	Positive	+9.0%	AI/Big Data collaboration push and pilots in Southeast Asia.
Oct 15	Earnings report	Negative	-6.9%	Q2 fiscal 2026 results with low gross profit and ongoing losses.

Pattern Detected

Recent news has produced volatile but mixed reactions, with both strong rallies on strategic updates and selloffs on earnings and capital-related disclosures.

Recent Company History

Over the last few months, FingerMotion reported Q2 fiscal 2026 results on Oct 15 with modest revenue growth but thin gross profit and continued losses, which saw shares fall 6.94%. Subsequent AI and Big Data expansion efforts in Southeast Asia on Oct 23 and a strategic roadmap on Nov 18 were followed by positive price moves of 9.03% and 18.9%, respectively. Capital structure changes, including a planned dividend warrant, drew a -2.31% reaction. Today’s procurement platform launch on Dec 01 came after this series of growth and financing steps.

Regulatory & Risk Context

Active S-3 Shelf · $7,595,000

Shelf Active

Active S-3 Shelf Registration 2025-11-13

$7,595,000 registered capacity

An effective Form S-3 registration permits resale of up to 4,360,000 shares, including warrant shares. The company receives no proceeds from resales but would receive up to $7,595,000 in cash if all registered warrants are exercised, earmarked for general corporate and working capital purposes.

Market Pulse Summary

This announcement highlights FingerMotion’s effort to expand beyond mobile top-ups by launching the ...

Analysis

This announcement highlights FingerMotion’s effort to expand beyond mobile top-ups by launching the JiuGe Procurement Platform, initially piloting with China Mobile’s regional units and Juneyao Airlines. It builds on recent AI, data, and regional expansion initiatives. At the same time, prior filings show tight liquidity with cash of $0.22 million, an active $50,000,000 ATM program, and S-3-registered warrant shares. Investors may watch how rapidly the platform scales and how it interacts with ongoing capital needs.

Jargon Translator

at-the-market offering

An at-the-market offering is a method companies use to sell new shares of stock directly into the open market over time, rather than all at once. This allows them to raise money gradually, similar to selling small pieces of a product instead of a large batch. For investors, it means the company can access funding more flexibly, but it may also increase the supply of shares and influence the stock’s price.

Form S-3

Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.

going concern

A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.

Regulation S

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

warrant

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

AI-generated analysis. Not financial advice.

Singapore, Singapore--(Newsfile Corp. - December 1, 2025) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to announce through its subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology"), the launch of the JiuGe Procurement Platform, a new enterprise procurement service developed to support and enhance JiuGe Technology's mobile recharge business with operators.

The JiuGe Procurement Platform allows suppliers to provide a centralized selection of products to the platform, and businesses, in turn, use the platform to select the items needed for employee benefits, customer rewards, or promotional campaigns. These products can then be delivered directly to employees or customers. The platform simplifies procurement, reduces costs and ensures users receive high-quality items while helping businesses engage and retain their customers.

The platform is currently piloting with China Mobile's Shanghai and Jiangxi operations and Juneyao Airlines. For China Mobile's regional operations, the platform links directly to user-facing programs, including points redemption, recharge rewards, and customer acquisition campaigns. For Juneyao Airlines, it provides a single product catalog for employee benefits and passenger redemption programs. By centralizing the supply chain and simplifying delivery, the platform helps companies reduce costs, manage procurement efficiently, and provide more value to their employees and customers.

These collaborations enable JiuGe Technology to strengthen its position in the telecom ecosystem and expand the reach of its mobile recharge and user engagement services.

"The procurement platform strengthens our value proposition with China Mobile and other enterprise clients," said FingerMotion's CEO, Martin Shen. "It allows us to offer more than mobile top-ups, supports user growth initiatives, and builds long-term business arrangements. This is a clear step towards expanding our business across telecom, and data services."

JiuGe Technology plans to scale the platform from regional operations to a national model, increasing supply-chain flexibility and expanding its enterprise service footprint.

About JiuGe Technology

JiuGe Technology, a core operating entity of FingerMotion in China, manages the Company's China-based telecom services, providing mobile recharge and data products for major carriers while expanding into smart mobility and emergency-response technologies. JiuGe Technology also operates the DaGe platform, a growing mobility marketplace and service ecosystem that connects vehicle owners with service providers, EV charging networks, and accessory suppliers. The JiuGe Procurement Platform is its latest initiative and connects supply-chain resources with businesses and their customers.

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: info@fingermotion.com
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/276377

FAQ

What is the JiuGe Procurement Platform announced by FingerMotion (FNGR) on December 1, 2025?

The JiuGe Procurement Platform is an enterprise procurement service that centralizes supplier product catalogs for employee benefits, customer rewards and promotions to support mobile recharge services.

Which companies are piloting FingerMotion's JiuGe Procurement Platform (FNGR) as of December 1, 2025?

The platform is piloting with China Mobile's Shanghai and Jiangxi regional operations and with Juneyao Airlines.

How does the JiuGe Procurement Platform affect China Mobile programs tied to FNGR's services?

For China Mobile regional operations, the platform links to user-facing programs such as points redemption, recharge rewards and customer acquisition campaigns.

What business benefits did FingerMotion (FNGR) say the procurement platform provides to enterprise clients?

FingerMotion said the platform simplifies procurement, reduces costs, centralizes supply chains and helps companies manage procurement while enhancing employee and customer engagement.

What are JiuGe Technology's expansion plans for the procurement platform announced by FingerMotion (FNGR)?

JiuGe Technology plans to scale the platform from regional pilots to a national model to increase supply-chain flexibility and expand its enterprise service footprint.