FingerMotion Inc. (NASDAQ: FNGR) reported financial results for the fiscal year ended Feb. 28, 2026, with revenue of $24.13 million, a decrease of 32% 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 posted a net loss of $7.0 million, or $0.12 per share, compared with a net loss of $5.11 million in the prior year. Gross profit fell 75% to $693,845.
Despite the revenue decline, the company reduced 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 that it remains focused on strengthening its telecommunications business while advancing its marketplace, data analytics and technology initiatives and evaluating opportunities in selected international markets.
The results highlight the challenges facing the company as it navigates a downturn in its core telecommunications business. FingerMotion, which operates mobile payment and recharge platform solutions in China, has been working to diversify its offerings and develop additional value-added technologies. The company’s vision is to rapidly grow its user base and create an ecosystem of highly engaged users, ultimately aiming to serve over 1 billion users in China and expand to other regions.
Investors can find the full press release at https://ibn.fm/POdJ0. For the latest news and updates on FNGR, visit the company’s newsroom at https://ibn.fm/FNGR.
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