Investor Relation


FingerMotion, Inc. (NASDAQ:FNGR) (the "Company" or "FingerMotion"), a mobile services and data company, is pleased to report its financial results for the second quarter ended August 31, 2022. To review the full financial results, please view the Company's recent Form 10-Q filing on the SEC's website at, which should be read in connection with this news release.
Q2 2023 Financial Summary (results expressed in US$ unless otherwise indicated):
  • Reported record quarterly revenue of $4.98 million (includes SMS & MMS, Telecommunications Products & Services businesses, and Big Data);
  • Reported quarterly increase in Telecommunications Products & Services business revenue of $1.10 million or 64% compared to Q2 2022;
  • Reported quarterly increase in Big Data revenue of $.03 million or 91% compared to Q2 2022 due to a new contract with Pacific Life Re in Asia;
  • Reported quarterly decline in SMS & MMS business revenue of $1.53 million or 42% compared to Q2 2022;
  • Reported quarterly cost of revenue of $4.57 million which was a decrease of $.12 million or 3% compared to Q2 2022;
  • Reported quarterly loss of $1.54 million which was an increase of $.08 million or 6% compared to Q2 2022;
  • Basic and Diluted loss per share of $0.04 versus a loss per share of $0.04 for Q2 2022;
  • On August 31, 2022, FingerMotion had $1,984,562 in cash, a working capital surplus of $6,728,711 and positive shareholders' equity of $2,168,824;
  • Total Assets were $10.46 million, Total Current Liabilities were $3.40 million and Total Liabilities were $8.29 million;
  • 42,857,260 common shares were issued and outstanding as of August 31, 2022.