FingerMotion Reports Q2 2025 Financial Results

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].