FingerMotion(FNGR) - 2025 Q2 - Quarterly Results

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$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]