Welcome to our dedicated page for Fingermotion news (Ticker: FNGR), a resource for investors and traders seeking the latest updates and insights on Fingermotion stock.
FingerMotion Inc (NASDAQ: FNGR) is a leading provider of mobile payment solutions and integrated telecommunications services in China, specializing in secure transaction platforms and big data analytics. This page aggregates official company announcements, financial updates, and strategic developments for stakeholders tracking FNGR's market position.
Investors and analysts will find timely updates on earnings reports, product launches, and partnerships that drive the company's growth in sectors like mobile payments, emergency response technology, and EV infrastructure. All content is sourced from verified releases to ensure accuracy and compliance with financial disclosure standards.
Key coverage areas: quarterly financial results, innovations in SMS/MMS communication platforms, expansions of the C2 emergency response system, and collaborations with telecom operators. Bookmark this page for streamlined access to FNGR's evolving role in China's digital ecosystem.
FingerMotion (NASDAQ: FNGR) has reported its Q3 2025 financial results, showing a 39% revenue increase to $8.53 million compared to Q3 2024. The growth was primarily driven by the Telecommunications Products & Services segment, which increased by $2.36 million or 39%. However, the company reported a quarterly loss of $1.66 million, though this represents a 15% improvement from the previous year's loss.
The company's gross profit decreased by 30% to $0.44 million, while cost of revenue increased by 47% to $8.09 million. General and administrative expenses decreased by 30%, but marketing costs rose by 243%. As of November 30, 2024, FingerMotion had $164,600 in cash, a working capital surplus of $9.43 million, and total assets of $31.94 million against total liabilities of $22.36 million.
FingerMotion (NASDAQ: FNGR) has completed its previously announced registered direct offering, raising approximately $4.44 million in net proceeds. The offering consisted of 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares. Each share was sold with one and one-half warrants at a combined price of $1.50. The warrants are immediately exercisable at $1.50 per share and have a five-year term. Roth Capital Partners served as the exclusive placement agent. The company plans to use the proceeds for general corporate and working capital purposes.
FingerMotion (NASDAQ: FNGR) has announced a $5.0 million registered direct offering through a securities purchase agreement with institutional investors. The offering includes 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares at a combined price of $1.50 per share. The warrants will have an exercise price of $1.50 per share, are immediately exercisable, and have a five-year term. Roth Capital Partners is serving as the exclusive placement agent. The offering is expected to close around December 23, 2024. The company plans to use the net proceeds for general corporate purposes.
FingerMotion, Inc. (NASDAQ: FNGR) reported its Q2 2025 financial results for the period ended August 31, 2024. Key highlights include:
- Quarterly revenue of $8.46 million, a 9% decrease from Q2 2024
- Gross profit of $0.30 million, an 84% decrease
- Net loss of $1.69 million, a 1,159% increase
- Basic and diluted loss per share of $(0.03)
The company saw decreases in Telecommunications Products & Services and SMS & MMS business revenues, while experiencing growth in the Cloud business segment. FingerMotion ended the quarter with $810,284 in cash and cash equivalents, a working capital surplus of $9,708,861, and total assets of $30.19 million. The company expects cloud-based services and Command & Communication segment to drive significant revenue growth for the remainder of the fiscal year.
FingerMotion, Inc. (NASDAQ: FNGR) announced that its subsidiary, Shanghai JiuGe Information Technology, has received national certification from China's Ministry of Industry and Information Technology for its Advanced Mobile Integrated C2 Platform. This platform is integrated with SAIC Maxus vehicles, creating a state-of-the-art emergency response vehicle.
The certification is expected to accelerate the distribution of these vehicles across China. The emergency response vehicles are equipped with advanced features including a unified in-vehicle communications unit, smart PTZ cameras, satellite communications, an unmanned aerial vehicle, and a multi-network integrated dispatch system. These vehicles have been successfully tested in major national-level emergency response drills, demonstrating their ability to operate in extreme conditions.
FingerMotion (NASDAQ:FNGR) announced its subsidiary, JiuGe Technology, has launched a new Advanced Mobile Integrated Command and Communication Platform (C2 Platform) aimed at enhancing emergency response in China. The C2 Platform will be integrated into vehicles used in civil emergencies, improving coordination among dispatchers, first responders, and healthcare agencies. Initial installations are in Zhejiang province, with potential for wider adoption. The platform combines various disaster communication systems and integrates voice, video, and data for improved decision-making. This development aligns with China's national initiative to bolster crisis response capabilities, indicating potential for ongoing demand and future contracts.
FingerMotion (NASDAQ: FNGR) reported its Q1 2025 financial results for the period ending May 31, 2024. The company saw a quarterly revenue of $8.37 million, marking a decrease of $3.80 million or 31% from Q1 2024. This was due to a $11.80 million drop in its Telecommunications Products & Services business and a $0.15 million decline in Big Data revenue. Conversely, SMS & MMS business revenue surged by $8.16 million, a 100,427% increase.
Gross profit rose by $0.02 million or 3%, despite a cost of revenue decrease of $3.81 million or 33%. The company reported a quarterly loss of $1.66 million, a 31% increase from the prior year, with a loss per share of $0.03 compared to $0.02 in Q1 2024. As of May 31, 2024, FingerMotion held $1.06 million in cash, with total assets at $26.31 million and total liabilities at $15.40 million.
CEO Martin Shen highlighted the strategic reallocation to higher-margin SMS & MMS segments and projected improved revenue and margins for the rest of fiscal 2025.
FingerMotion (NASDAQ:FNGR) reported its FY 2024 financial results, reflecting a mixed performance. The company achieved annual revenue of $35.79 million, a 5% increase from the previous year. Telecommunications Products & Services revenue grew by 21%, while SMS & MMS and Big Data segments saw declines of 60% and 25% respectively. Gross profits rose significantly by 67% to $3.86 million, despite a slight 1% increase in the cost of revenue. Operating expenses decreased by 15%, and the net loss was halved to $3.76 million. FingerMotion ended the year with $1.52 million in cash, $11.97 million in working capital surplus, and positive shareholders' equity of $12.06 million. The company aims to continue its transition towards higher-margin projects and product diversification.
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