FingerMotion Inc. reported its fiscal year 2025 financial results, revealing a complex picture of the company's performance characterized by strategic growth and financial challenges. The company recorded total revenue of $35.61 million, a marginal 0.5% decrease from the previous year.
The most notable aspect of the financial report was the remarkable 206% surge in SMS and MMS revenue, which reached $8.17 million. This growth was counterbalanced by a 17% decline in the Telecommunications Products & Services segment, illustrating the company's ongoing business transformation.
Despite the revenue growth in specific areas, FingerMotion experienced a significant drop in gross profit, declining 28% to $2.76 million. The company also reported a net loss of $5.11 million, a 34% increase from fiscal year 2024.
The company's strategic focus appears to be on platform diversification, with initial revenue contributions from the DaGe and C2 platforms. These emerging platforms represent FingerMotion's efforts to expand beyond its core mobile payment and recharge solutions in the Chinese market.
The financial results suggest FingerMotion is navigating a challenging market environment while attempting to position itself for future growth. The substantial increase in SMS and MMS revenue indicates potential opportunities in mobile communication services, which could be a key driver of the company's future strategy.
