Quarterly ResultMay 29, 2026, 05:17 PM
FingerMotion FY26 Revenue Down 32% to $24.13M; Gross Profit Down 75%
AI Summary
FingerMotion reported its financial results for the fiscal year ended February 28, 2026, with annual revenue decreasing by 32% to $24.13 million, primarily due to a decline in its Telecommunications Products & Services segment. Gross profit fell by 75% to $693,845, and the company's annual loss increased by 37% to $7.0 million. Despite these challenges, the company reduced operating expenses by 12% and is focusing on strengthening core operations, developing new platforms, and exploring international market diversification.
Key Highlights
- Annual revenue decreased 32% to $24.13 million in FY26 from $35.61 million in FY25.
- Telecommunications Products & Services revenue fell 32% to $23.94 million.
- Gross profit declined 75% to $693,845 from $2.76 million in FY25.
- Annual loss increased 37% to $7.0 million from $5.11 million in FY25.
- Operating expenses decreased 12% to $7.63 million in FY26.
- Data and Analytics Platform Solutions revenue increased 148% to $27,780.
- Basic and diluted loss per share was $0.12.
- Company had $68,596 in cash and a working capital surplus of $6.09 million.
Price Impact
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