FingerMotion Inc. (NASDAQ: FNGR) reported financial results for its fiscal year ended Feb. 28, 2026, with revenue of $24.13 million, a 32% decrease from $35.61 million in fiscal 2025. The decline was primarily attributed to lower activity in the company’s Telecommunications Products and Services segment. The company reported a net loss of $7.0 million, or $0.12 per share, compared with a loss of $5.11 million in the prior year. Gross profit fell 75% to $693,845.
Despite the revenue drop, FingerMotion reduced its operating expenses by 12% year over year and ended the fiscal year with a working capital surplus of $6.09 million and shareholders’ equity of $15.15 million. Management stated it remains focused on strengthening its telecommunications business while advancing its marketplace, data analytics and technology initiatives, and evaluating opportunities in selected international markets.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The company’s vision is to rapidly grow the user base through organic means and develop an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and expand the model to other regional markets.
For more information, the full press release is available at https://ibn.fm/POdJ0. The latest news and updates relating to FNGR can be found in the company’s newsroom at https://ibn.fm/FNGR.
