FingerMotion Inc. Reports FY 2025 Results: Revenue Slightly Down 0.5% to $35.61M, Net Loss Widens by 34% to $5.11M, EPS at -$0.09

Reuters
30 May
FingerMotion Inc. Reports FY 2025 Results: Revenue Slightly Down 0.5% to $35.61M, Net Loss Widens by 34% to $5.11M, EPS at -$0.09

FingerMotion, Inc. has released its financial results for the fiscal year ending February 28, 2025. The company reported an annual revenue of $35.61 million, reflecting a slight decrease of $0.18 million or 0.5% compared to the previous fiscal year. Operating expenses rose by $1.03 million, a 13% increase from FY 2024, totaling $8.71 million. The annual net loss increased by $1.30 million to $5.11 million, representing a 34% rise from the prior year. The company highlighted strong year-over-year revenue growth in its SMS & MMS business, which increased by $5.52 million or 206%. However, the Telecommunications Products & Services business saw a decline in revenue by $5.59 million or 17%. The Big Data segment also experienced a decline in revenue by $0.39 million or 118%. New revenue streams were generated from the DaGe Platform and Command & Communication (C2 Platform), contributing $0.08 million and $0.19 million respectively. Gross profits were reported at $2.76 million, marking a decrease of $1.10 million or 28% from FY 2024. The cost of revenue increased by $0.91 million, reaching $32.84 million. CEO Martin Shen expressed satisfaction with the SMS & MMS business performance and emphasized the company's diversification and collaboration efforts, which are expected to foster future growth. The introduction and development of new platforms such as the DaGe Platform and C2 Platform are expected to contribute substantially to revenue growth in the coming quarters, helping FingerMotion expand its customer base and market penetration.

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