Core Insights - FingerMotion, Inc. has been awarded multiple contracts to equip emergency response vehicles with its Advanced Mobile Integrated Command and Communication Platform (C2 Platform) to enhance communication and coordination capabilities for emergency agencies [1][3]. Group 1: Contract Details - The contracts were secured through a competitive public tender process that evaluated technical capability, cost-effectiveness, and regulatory compliance [2]. - Shanghai JiuGe Information Technology Co., Ltd., a subsidiary of FingerMotion, was selected as the preferred partner for providing tailored solutions [2]. Group 2: Product Features - The emergency response vehicles will feature the Advanced Satellite Emergency Command Platform, which includes a unified in-vehicle communications unit, a smart PTZ camera, a satellite communications terminal, an unmanned aerial vehicle, and a multimedia command and dispatch system [3]. - The platform ensures uninterrupted communication for first responders, allowing for real-time critical information exchange, which is essential for effective decision-making and mission planning [4]. Group 3: Company Vision and Market Strategy - FingerMotion aims to expand its market reach for emergency response solutions through collaboration with partners in the sector [3]. - The company is focused on growing its user base in China and developing additional value-added technologies to enhance user engagement [5].

Financial Performance - Reported quarterly revenue of $8.53 million, an increase of $2.39 million or 39% compared to Q3 of fiscal 2024[8] - Reported quarterly loss of $1.66 million, a decrease of $0.28 million or 15% compared to Q3 of fiscal 2024[11] - Basic and diluted loss per share improved to $0.03 from a loss per share of $0.04 for Q3 of fiscal 2024[11] - General and administrative expenses decreased by $676,566 or 30% during Q3 2025[11] Revenue Segments - Telecommunications Products & Services revenue increased by $2.36 million or 39% compared to Q3 of fiscal 2024[8] Assets and Liabilities - Total assets as of November 30, 2024, were $31.94 million, with total liabilities of $22.36 million[11] - Cash and cash equivalents stood at $164,600 with a working capital surplus of $9,426,608[11] Strategic Initiatives - Company aims to capitalize on new growth opportunities in the Command and Communications segment[9] - Successful completion of recent financing expected to support key initiatives and value creation for shareholders[9] - Company plans to accelerate monetization of partnerships within its Big Data Business[9]

Core Viewpoint - FingerMotion, Inc. reported a 39% increase in revenue for Q3 2025, driven by growth in its Telecommunications Products and Services division, and is positioned to capitalize on new growth opportunities in the Command and Communications segment and Big Data Business partnerships [2][5]. Financial Performance - Quarterly revenue reached $8.53 million, an increase of $2.39 million or 39% compared to Q3 of fiscal 2024 [5]. - Revenue from Telecommunications Products and Services increased by $2.36 million or 39% compared to Q3 of fiscal 2024 [5]. - SMS and MMS business revenue was reported at $44,457, up from $7,900 in Q3 of fiscal 2024 [5]. - Big Data revenue was reported at $0, down from $5,584 in Q3 of fiscal 2024 [5]. - Cost of revenue increased by $2.59 million or 47% compared to Q3 of fiscal 2024, totaling $8.09 million [5]. - Gross profit was $0.44 million, a decrease of $0.19 million or 30% compared to Q3 of fiscal 2024 [5]. - The company reported a quarterly loss of $1.66 million, a decrease of $0.28 million or 15% compared to Q3 of fiscal 2024 [5]. - Basic and diluted loss per share improved to $0.03 from a loss of $0.04 in Q3 of fiscal 2024 [5]. Operational Insights - General and administrative expenses decreased by $676,566 or 30% during Q3 2025, while marketing costs increased by $99,515 or 243% [5]. - Share compensation expenses rose by $71,071 or 66% [5]. - As of November 30, 2024, the company had $164,600 in cash and cash equivalents, a working capital surplus of $9,426,608, and shareholders' equity of $9,583,495 [5]. - Total assets were reported at $31.94 million, with total current liabilities at $22.32 million and total liabilities at $22.36 million [5]. - The company had 53,807,850 shares of common stock issued and outstanding as of November 30, 2024 [5]. Company Overview - FingerMotion is a technology company specializing in mobile payment and recharge platform solutions in China, aiming to grow its user base organically and develop a highly engaged ecosystem [3]. - The company envisions serving over 1 billion users in the China market and expanding its model to other regional markets [3].

Revenue Performance - Revenue for the three months ended November 30, 2024, was $8,534,079, representing a 39% increase from $6,140,146 in the same period of 2023[11]. - Revenue for the nine months ended November 30, 2024, was $25,366,825, a decrease of 8% compared to $27,588,403 for the same period in 2023[11]. - For the nine months ended November 30, 2024, the company reported revenue of $25,366,825, a decrease from $27,588,403 for the same period in 2023, representing a decline of approximately 8.9%[61]. - Revenue from Telecommunication Products & Services was $17,125,936 for the nine months ended November 30, 2024, down from $27,332,154 in 2023, representing a decline of approximately 37%[62]. - The SMS & MMS Business generated $8,212,021 in revenue, significantly down from $24,213 in the previous year[62]. - The VIE subsidiary reported revenue of $20,991,002 for the nine months ended November 30, 2024, significantly up from $7,573,286 for the same period in 2023, representing an increase of approximately 177.5%[36]. - For the nine months ended November 30, 2024, revenue from JiuGe Technology was $4,375,824, a decrease of 77% compared to $18,952,973 for the same period in 2023[35]. Profitability and Losses - Gross profit for the three months ended November 30, 2024, was $443,570, down 30% from $637,995 in the same period of 2023[11]. - Net loss attributable to the Company's shareholders for the three months ended November 30, 2024, was $1,660,801, compared to a loss of $1,944,343 in the same period of 2023[11]. - The company reported a comprehensive loss of $1,935,286 for the three months ended November 30, 2024, compared to a loss of $1,692,409 in the same period of 2023[11]. - The net loss for the nine months ended November 30, 2024, was $5,009,095, compared to a net loss of $3,344,717 for the same period in 2023, indicating a significant increase in losses[14]. - The company's net loss for the nine months ended November 30, 2024, was $5,009,095, compared to a net loss of $3,344,717 for the same period in 2023, indicating an increase in losses of approximately 49.7%[59]. - The total comprehensive income for the period included a loss of $(1,944,343), highlighting the ongoing financial difficulties faced by the company[14]. Assets and Liabilities - Total current assets increased to $31,745,513 as of November 30, 2024, from $18,724,918 as of February 29, 2024[10]. - Total liabilities rose to $22,358,838 as of November 30, 2024, compared to $6,753,915 as of February 29, 2024[10]. - Accounts receivable saw a substantial increase of $17,296,795, compared to a decrease of $5,072,577 in the previous year, reflecting a worsening cash flow situation[14]. - The accumulated deficit increased to $(28,035,209) as of November 2023, reflecting ongoing financial challenges[13]. - The company had an accumulated deficit of $33,453,767 as of November 30, 2024, compared to $28,448,833 as of February 29, 2024, indicating an increase in the deficit of approximately 17.6%[59]. - Total liabilities of the VIE subsidiary as of November 30, 2024, were $26,019,060, up from $9,181,719 as of February 29, 2024, representing a significant increase of approximately 183.5%[33]. Cash Flow and Financing - The company reported a net cash used in operating activities of $4,586,866 for the nine months ended November 30, 2024, an improvement from $6,953,025 in the same period of 2023[14]. - Cash at the end of the period was $164,600, a significant decrease from $1,934,565 at the end of November 30, 2023[14]. - The company recorded a net cash provided by financing activities of $3,239,306 for the nine months ended November 30, 2024, contrasting with a net cash used of $(295,333) in the prior year[14]. - The company issued common stock for cash totaling $1,642,500 during the nine months ended November 30, 2024, compared to $840,000 in the same period of 2023[14]. - The Company needs to secure additional financing to fund operations and achieve profitability, with no assurance that it can obtain such financing on acceptable terms[60]. Stock and Equity - The number of common shares outstanding increased to 53,807,850 as of November 30, 2024, from 52,545,350 as of February 29, 2024[10]. - The weighted average number of common shares outstanding was 52,898,259 for basic and diluted calculations for the nine months ended November 30, 2024, compared to 52,044,125 for the same period in 2023[99]. - The total number of outstanding stock options as of November 30, 2024, remained at 6,039,100, with an exercise price of $4.18[98]. - The balance of common stock increased to 53,807,850 shares by November 2024, up from 52,545,350 shares in November 2023, indicating an increase of approximately 2.4%[13]. - The company issued 1,095,000 shares of common stock at $1.50 per share for gross proceeds of $1,642,500 on October 11, 2024[83]. Operational Expenses - The company incurred research and development expenses of $146,735 for the three months ended November 30, 2024, down from $176,119 in the same period of 2023[11]. - Share-based compensation expenses amounted to $988,639 for the nine months ended November 30, 2024, up from $927,372 in the prior year[14]. - The total operating expenses for JiuGe Technology for the nine months ended November 30, 2024, were $1,925,891, slightly down from $1,952,859 in 2023[35]. Other Financial Metrics - The effective income tax rate for the Company was 0.0% for the nine months ended November 30, 2024, consistent with the previous year[103]. - The loss per common share for the nine months ended November 30, 2024, was $0.09 for both basic and diluted calculations, compared to $0.06 for the same period in 2023[99]. - The deferred tax asset from operating losses carry-forwards increased to $2,893,532 as of November 30, 2024, from $939,380 as of February 29, 2024[106].

Company Overview - FingerMotion, Inc. is a mobile services and data company focused on mobile payment and recharge platform solutions in China, aiming to grow its user base and develop an ecosystem of highly engaged users [5][7]. Offering Details - The company has entered into a definitive securities purchase agreement for the sale of 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares at a combined public offering price of $1.50 per share [5]. - The gross proceeds from this offering are expected to be approximately $5.0 million, which will be used for general corporate purposes [3]. Market Position and Strategy - FingerMotion aims to serve over 1 billion users in the China market and plans to expand its model to other regional markets [7]. - The company is developing additional value-added technologies to market to its growing user base, with a vision to enhance user engagement through innovative applications [7]. Regulatory Compliance - The securities are being offered under a "shelf" registration statement previously filed with the SEC, and the offering will be made only by means of a prospectus [6].

Financial Performance - Reported quarterly revenue of $8.46 million, a decrease of $0.82 million or 9% compared to Q2 of fiscal 2024[2] - Reported quarterly loss attributable to shareholders of $1.69 million, an increase of $1.55 million or 1,159% compared to Q2 of fiscal 2024[2] - Reported gross profit of $0.30 million, a decrease of $1.54 million or 84% compared to Q2 of fiscal 2024[2] - Reported basic and diluted loss per share of $(0.03) versus a loss per share of $(0.00) for Q2 of fiscal 2024[2] - The company reported a quarterly decrease in Telecommunications Products & Services business revenue of $0.77 million compared to Q2 of fiscal 2024[2] Assets and Liabilities - At August 31, 2024, total assets were $30.19 million and total current liabilities were $20.24 million[2] - At August 31, 2024, the company had $810,284 in cash and cash equivalents[2] - 52,712,850 shares of common stock were issued and outstanding as of August 31, 2024[2] Expenses - General and administrative expenses decreased by $86,320 or 5% during Q2 2025, while marketing costs increased by $13,145 or 22%[3] Future Outlook - The company expects significant revenue growth from cloud-based services and the Command & Communication segment for the remainder of the fiscal year[3]

Core Viewpoint - FingerMotion, Inc. reported a decline in revenue and increased losses for Q2 2025, but expressed optimism about growth in its Cloud services and Command & Communication segments [2][3]. Financial Performance - The company reported quarterly revenue of $8.46 million, a decrease of $0.82 million or 9% compared to Q2 of fiscal 2024 [2]. - Telecommunications Products & Services revenue decreased by $0.77 million or 8% compared to Q2 of fiscal 2024 [2]. - SMS & MMS business revenue was $3,770, down from $8,192 in Q2 of fiscal 2024 [2]. - Command & Communication revenue was $28,730, compared to $0 in Q2 of fiscal 2024 [2]. - Big Data revenue was $0, down from $76,746 in Q2 of fiscal 2024 [2]. - Cost of revenue increased to $8.16 million, up by $0.72 million or 10% compared to Q2 of fiscal 2024 [2]. - Gross profit was $0.30 million, a decrease of $1.54 million or 84% compared to Q2 of fiscal 2024 [2]. - The company reported a loss attributable to shareholders of $1.69 million, an increase of $1.55 million or 1,159% compared to Q2 of fiscal 2024 [2]. - Basic and diluted loss per share was $(0.03) compared to $(0.00) for Q2 of fiscal 2024 [2]. - As of August 31, 2024, the company had $810,284 in cash and cash equivalents, a working capital surplus of $9,708,861, and shareholders' equity of $9,878,372 [2]. Strategic Outlook - The CEO noted a positive shift in product mix with increased revenue from higher-margin Cloud services, indicating confidence in future gross margin improvement [3]. - The company expects its cloud-based services and Command & Communication segment to drive significant revenue growth for the remainder of the fiscal year [3]. - General and administrative expenses decreased by $86,320 or 5%, while marketing costs increased by $13,145 or 22% [3].

● . . | --- | --- | |-----------------------------------------------------|-------| | | | | Certification from China's Ministry of Industry and | | | Information Technology | | August 19, 2024 9:15 AM EDT | Source: FingerMotion, Inc. Singapore, Singapore--(Newsfile Corp. - August 19, 2024) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services and data company, today announced that the Advanced Mobile Integrated C2 Platform, developed by Shanghai JiuGe Information Technolog ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FINGERMOTION, INC. (Exact name of registrant as specified in its charter) Delaware 001-41187 46-4600326 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 28, 2024 Date of Report (Date of earliest event reported) 111 Somerset Road, Level 3 Singapore 238164 (Address of principal execut ...

FINGERMOTION, INC. Three months ended May 31, 2024 and 2023 Notes to the Condensed Consolidated Financial Statements | --- | --- | --- | |---------------------------|------------------------------|---------------------| | | May 31, 2024 \n(unaudited) | February 29, 2024 | | Current assets | $ 11,370,972 | $ 10,578,657 | | Non-current assets | 241,953 | 53,109 | | Total assets | $ 11,612,925 | $ 10,631,766 | | | | | | Current liabilities | $ 11,004,071 | $ 9,654,896 | | Non-current liabilities | 98,678 | — | ...