FingerMotion Reports Q3 2026 Financial Results

Core Viewpoint - FingerMotion, Inc. is transitioning towards a more diversified business model while facing capital constraints that have impacted its financial performance in Q3 of fiscal 2026 [2][3]. Financial Performance - Reported quarterly revenue of $5.80 million, a 32% decrease compared to Q3 of fiscal 2025 [6]. - Telecommunications Products & Services revenue was $5.76 million, down 32% from Q3 of fiscal 2025 [6]. - DaGe Platform revenue decreased to $4,354 from $30,529 in Q3 of fiscal 2025 due to capital constraints affecting promotional activities [6]. - Command and Communication segment generated $31,051 in revenue, a significant increase from $138 in Q3 of fiscal 2025 [6]. - Big Data segment reported revenue of $126, compared to nil in Q3 of fiscal 2025 [6]. - Cost of revenue decreased to $5.53 million, resulting in a gross profit of $263,103, a 41% decrease from Q3 of fiscal 2025 [6]. - Operating expenses were $1.96 million, a 4.5% decrease from $2.06 million in Q3 of fiscal 2025 [6]. - Net loss attributable to shareholders was $1.67 million, a slight increase from $1.66 million in Q3 of fiscal 2025 [6]. - Basic and diluted loss per share remained at $0.03, unchanged from Q3 of fiscal 2025 [6]. Company Strategy - The company is focusing on capital management and pivoting towards high-growth opportunities, particularly in the Command and Communication platform [3]. - The goal is to build a leaner, more diversified company to drive higher revenues and stronger margins through operational efficiency [3]. - FingerMotion aims to grow its user base organically and develop an ecosystem of highly engaged users, with a long-term vision of serving over 1 billion users in the China market [4]. Financial Position - As of November 30, 2025, FingerMotion had $24,214 in cash and cash equivalents, a working capital surplus of $7.26 million, and shareholders' equity of $16.34 million [6]. - Total assets were reported at $60.06 million, with total current liabilities at $43.70 million and total liabilities at $43.71 million [6]. - The company had 61,217,225 shares of common stock issued and outstanding as of November 30, 2025 [6].