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FingerMotion Reports Q3 2025 Financial Results
FNGRFingerMotion(FNGR) Newsfile·2025-01-15 14:00

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 8.53million,anincreaseof8.53 million, an increase of 2.39 million or 39% compared to Q3 of fiscal 2024 [5]. - Revenue from Telecommunications Products and Services increased by 2.36millionor392.36 million or 39% compared to Q3 of fiscal 2024 [5]. - SMS and MMS business revenue was reported at 44,457, up from 7,900inQ3offiscal2024[5].BigDatarevenuewasreportedat7,900 in Q3 of fiscal 2024 [5]. - Big Data revenue was reported at 0, down from 5,584inQ3offiscal2024[5].Costofrevenueincreasedby5,584 in Q3 of fiscal 2024 [5]. - Cost of revenue increased by 2.59 million or 47% compared to Q3 of fiscal 2024, totaling 8.09million[5].Grossprofitwas8.09 million [5]. - Gross profit was 0.44 million, a decrease of 0.19millionor300.19 million or 30% compared to Q3 of fiscal 2024 [5]. - The company reported a quarterly loss of 1.66 million, a decrease of 0.28millionor150.28 million or 15% compared to Q3 of fiscal 2024 [5]. - Basic and diluted loss per share improved to 0.03 from a loss of 0.04inQ3offiscal2024[5].OperationalInsightsGeneralandadministrativeexpensesdecreasedby0.04 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 99,515or24399,515 or 243% [5]. - Share compensation expenses rose by 71,071 or 66% [5]. - As of November 30, 2024, the company had 164,600incashandcashequivalents,aworkingcapitalsurplusof164,600 in cash and cash equivalents, a working capital surplus of 9,426,608, and shareholders' equity of 9,583,495[5].Totalassetswerereportedat9,583,495 [5]. - Total assets were reported at 31.94 million, with total current liabilities at 22.32millionandtotalliabilitiesat22.32 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].