Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments.OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has learned.OnePay Wireless will be available starting Wednesday in the OnePay app, according to Gigs, the mobile services startup that partnered with the company.The plan costs $35 a month for unlimited ...

Advanced Energy Industries (AEIS) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these ex ...

Core Insights - FingerMotion, Inc. reported its financial results for Q1 of fiscal 2026, highlighting modest revenue growth and ongoing margin pressures due to evolving business dynamics [2][6] - The company is focusing on building higher-margin, data-driven business lines and refining operations to ensure long-term scalable growth [2] Financial Performance - Reported quarterly revenue of $8.46 million, a 1% increase compared to Q1 of fiscal 2025 [6] - Telecommunications Products & Services revenue was $8.31 million, down 1% from Q1 of fiscal 2025 [6] - DaGe Platform revenue grew to $10,938 from $463 in Q1 of fiscal 2025 [6] - Command and Communication segment contributed $109,241 in revenue, compared to $0 in Q1 of fiscal 2025 [6] - Big Data segment generated $27,310 in revenue, compared to $0 in Q1 of fiscal 2025 [6] - Cost of revenue increased to $8.31 million, resulting in a gross profit of $152,521, a 78% decrease from $681,889 in Q1 of fiscal 2025 [6] - Operating expenses were $2.14 million, a 9% decrease from $2.36 million in Q1 of fiscal 2025 [6] - Net loss attributable to shareholders was $2.01 million, a 21% increase from $1.66 million in Q1 of fiscal 2025 [6] - Basic and diluted loss per share reported at $0.04, compared to $0.03 for Q1 of fiscal 2025 [6] Company Overview - FingerMotion is a technology company specializing in mobile payment and recharge platform solutions in China [3] - The company aims to grow its user base organically and develop an ecosystem of highly engaged users utilizing its innovative applications [3] - FingerMotion's long-term vision includes serving over 1 billion users in the China market and expanding to other regional markets [3]

FingerMotion's Subsidiary JiuGe Technology and Qingling Motors Collaborate on Advancing Intelligent Vehicle SolutionsJune 16, 2025 9:00 AM EDT | Source: FingerMotion, Inc.Singapore, Singapore--(Newsfile Corp. - June 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data, and technology company, is pleased to announce that its subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology"), is working with Qingling Motors Group ...

FingerMotion Subsidiary JiuGe Technology Forms Strategic Collaboration with Zhejiang Jincheng Automotive to Co-Develop Advanced Emergency Response VehiclesJune 09, 2025 9:00 AM EDT | Source: FingerMotion, Inc.Singapore, Singapore--(Newsfile Corp. - June 9, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, today announced that its wholly owned subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology ...

Financial Performance - FingerMotion reported annual revenue of $35.61 million, a decrease of $0.18 million or 0.5% compared to FY 2024 [4] - The company experienced a year-over-year decline in Telecommunications Products & Services revenue of $5.59 million or 17% compared to FY 2024 [4] - SMS & MMS business revenue grew by $5.52 million or 206% year-over-year compared to FY 2024 [4] - Big Data revenue declined by $0.39 million or 118% year-over-year compared to FY 2024 [4] - Revenue from the DaGe Platform was $0.08 million in FY 2025, while revenue from the Command & Communication (C2 Platform) was $0.19 million [4] Expense Management - General and administrative expenses decreased by $137,710 or 2% during the year [3] - Marketing costs increased by $136,206 or 97% due to the promotion of the newly launched DaGe App platform [3] - Research and development expenses decreased by $66,792 or 10% due to savings from data access and usage fees [3] Profitability and Loss - Gross profits were reported at $2.76 million, a decrease of $1.10 million or 28% compared to FY 2024 [4] - Annual cost of revenue increased by $0.91 million or 3% compared to FY 2024, totaling $32.84 million [4] - Operating expenses rose by $1.03 million or 13% compared to FY 2024, totaling $8.71 million [4] - The company reported an annual net loss of $5.11 million, an increase of $1.30 million or 34% compared to FY 2024 [4] Financial Position - As of February 28, 2025, FingerMotion had $1.13 million in cash, a working capital surplus of $6.90 million, and positive shareholders' equity of $13.66 million [4] - Total assets were reported at $48.82 million, with total current liabilities of $35.13 million and total liabilities of $35.16 million [4] - The company had 57,141,186 common shares issued and outstanding as of February 28, 2025 [4] Strategic Outlook - The CEO expressed confidence in the performance of the SMS & MMS business and the potential growth from the DaGe and C2 platforms [3] - The company aims to expand its customer base and diversify offerings to enhance market penetration [3] - FingerMotion envisions serving over 1 billion users in the China market and expanding to other regional markets [5]