FingerMotion Reports FY 2026 Financial Results
Rhea-AI Summary
FingerMotion (NASDAQ: FNGR) reported FY 2026 revenue of $24.13 million, down 32% from $35.61 million in FY 2025, mainly from lower telecommunications activity. Gross profit fell to $0.69 million, with a net loss of $7.0 million and loss per share of $0.12.
Operating expenses declined 12% to $7.63 million. Data and Analytics Platform Solutions revenue rose 148%, while other segments declined. At February 28, 2026, cash was $68,596, with $6.09 million working capital surplus and $15.15 million shareholder equity on $60.85 million in total assets.
AI-generated analysis. Not financial advice.
Positive
- Total revenue $24.13 million, with diversified segment reporting
- Cost of revenue down 29% to $23.44 million
- Operating expenses reduced 12% to $7.63 million
- Data and Analytics revenue up 148% to $27,780
- Working capital surplus of $6.09 million
- Positive shareholders’ equity of $15.15 million
Negative
- Total revenue down 32% from $35.61 million
- Telecommunications segment revenue down 32% to $23.94 million
- Marketplace Platform revenue down 69% to $25,037
- Advanced Technology revenue down 25% to $141,886
- Gross profit down 75% to $693,845
- Net loss widened to $7.0 million from $5.11 million
- Period-end cash balance only $68,596
- Marketing spend reduced due to lower liquidity
Key Figures
Market Reality Check
Peers on Argus
FNGR gained 1.82% with low volume while telecom/software peers were mixed: UCL and SURG up, KVHI and CXDO down. Momentum scanner showed only two peers (IQST, CXDO) moving up, supporting a stock-specific rather than sector-wide reaction.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 15 | Q3 2026 earnings | Negative | +5.2% | Revenue and gross profit fell sharply while net loss widened on constraints. |
| Oct 15 | Q2 2026 earnings | Negative | -6.9% | Slight revenue growth but gross profit collapsed and losses persisted. |
| Jul 16 | Q1 2026 earnings | Negative | -7.4% | Minimal revenue growth with steep gross profit drop and wider net loss. |
| May 30 | FY 2025 results | Neutral | +2.0% | Flat revenue, higher net loss but early traction in new initiatives. |
| Jan 15 | Q3 2025 earnings | Positive | +3.5% | Strong revenue growth and improved loss despite margin pressure. |
Earnings headlines have produced modest average moves of -0.72%, with a mix of aligned drops on weak results and occasional upside despite deteriorating margins.
Over the past year, FNGR’s earnings reports have highlighted shrinking gross margins, recurring net losses, and pressure in its core Telecommunications Products & Services segment. Quarterly FY 2026 updates showed revenue stagnation and sharply lower gross profit, while FY 2025 results already flagged a rising net loss of $5.11M. Today’s FY 2026 release extends that trend with full-year revenue down and net loss widening, marking a continuation rather than a reversal of prior operating headwinds despite ongoing cost controls.
Historical Comparison
Over five recent earnings reports, FNGR’s average move was only -0.72%. Today’s modest pre-release gain of 1.82% sits within this typical, low-volatility response range.
Earnings have shifted from mixed growth and rising losses in FY 2025 to FY 2026 marked by revenue contraction in core telecom, sharply lower gross profit, and a larger annual net loss.
Regulatory & Risk Context
An effective S-3 from 2025-11-13 registers resale of up to 4,360,000 shares, mainly warrant-related. The company receives no proceeds from resales and would only get up to $7,595,000 if all warrants are exercised. No usage has been recorded yet (usage_count 0).
Market Pulse Summary
This announcement highlights a challenging FY 2026, with revenue down to $24.13M, gross profit shrinking to $693,845, and net loss increasing to $7.0M despite lower operating expenses. The balance sheet showed only $68,596 in cash but positive shareholders’ equity of $15.15M. Historically, earnings have produced modest stock moves, averaging -0.72%. Investors may watch execution in higher-margin data and analytics, progress from recent acquisitions, and any use of the existing resale registration and convertible note structure.
Key Terms
10-K regulatory
AI-generated analysis. Not financial advice.
Singapore, Singapore--(Newsfile Corp. - May 29, 2026) - FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to report its financial results for the year ended February 28, 2026. To review the full financial results, please view the Company's recent 10-K filing at www.sec.gov/edgar/search, which should be read in connection with this news release.
FY 2026 Financial Summary (results expressed in US$ 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 or32% 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 or32% 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 of69% 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 of25% compared to FY 2025; - Reported Data and Analytics Platform Solutions revenue of
$27,780 in FY 2026, which was an increase of$85,989 or148% 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 or29% ; - Reported gross profit of
$693,845 , compared to$2.76 million in FY 2025 which was a decrease of$2.07 million or75% 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 or12% 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 or37% 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
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 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