FingerMotion(FNGR)2025-05-30 12:30Revenue Performance - Reported annual revenue of $35.61 million, a decrease of $0.18 million or 0.5% compared to FY 2024[7] - Year over Year decline in Telecommunications Products & Services revenue of $5.59 million or 17% compared to FY 2024[7] - Year over Year growth in SMS & MMS revenue of $5.52 million or 206% compared to FY 2024[7] Financial Position - At February 28, 2025, total assets were $48.82 million and total liabilities were $35.16 million[13] - Cash balance at February 28, 2025, was $1.13 million with a working capital surplus of $6.90 million[13] Profitability - Reported annual net loss of $5.11 million, an increase of $1.30 million or 34% compared to FY 2024[7] Expenses - Marketing costs increased by $136,206 or 97% due to the promotion of the newly launched DaGe App platform[9] - General and administrative expenses decreased by $137,710 or 2% during the year[9] Strategic Initiatives - Introduction of new platforms such as the DaGe Platform and C2 Platform contributed to revenues in FY 2025[9] - Company remains committed to growth strategy through platform development and market expansion efforts[9]