FingerMotion Inc
FNGR
$1.430 1.42%
Exchange: NASDAQ | Sector: Communication Services | Industry: Telecommunications Services
Q4 2024
Published: May 29, 2024

Earnings Highlights

  • Revenue of $8.20M down 36% year-over-year
  • EPS of $-0.01 increased by 81.8% from previous year
  • Gross margin of 8.6%
  • Net income of -413.62K
  • ""Our current financial position, though we are experiencing setbacks, is being underpinned by our long-term investment in key areas of growth that will enhance our overall market presence in the telecommunications sector."" - CEO of FingerMotion Inc.

FingerMotion Inc (FNGR) Q4 2024 Financial Results Report: Analyzing Year-End Performance & Future Outlook

Executive Summary

FingerMotion Inc (FNGR) reported its Q4 2024 results on February 29, 2024, showcasing mixed financial performance amid challenging market conditions. Total revenue reached $8.20 million, representing a 33.6% sequential increase, but a year-over-year decline of 35.98%. The company continues to struggle with profitability, posting a net income loss of $413,624 and an EPS of -$0.0079, reflecting ongoing investment in technology and market expansion in the competitive telecommunications sector. In the context of the current business environment, management emphasized the importance of scaling operations and enhancing customer engagement through innovative data-driven services. Recent efforts to leverage their proprietary platforms have started to yield insights, which management believes will drive future growth. Overall, while the immediate results signal ongoing challenges, management remains focused on strategic investments that could potentially strengthen FingerMotion's market position moving forward.

Key Performance Indicators

Revenue

8.20M
QoQ: 33.60% | YoY:-35.98%

Gross Profit

702.27K
8.56% margin
QoQ: 10.07% | YoY:5.60%

Operating Income

-476.87K
QoQ: 75.68% | YoY:74.57%

Net Income

-413.62K
QoQ: 78.73% | YoY:79.68%

EPS

-0.01
QoQ: 78.65% | YoY:81.84%

Revenue Trend

Margin Analysis

Key Insights

**Revenue**: $8.20M (QoQ growth of 33.60%, YoY decrease of 35.98%) **Gross Profit**: $702,269 (Gross margin: 8.56%, YoY increase of 5.60%, QoQ increase of 10.07%) **Net Income**: -$413,624 (EPS: -$0.0079, YoY improvement of 79.68%, QoQ improvement of 78.73%) **Operating Loss**: -$476,870 (Comparison to YoY change of +74.57% in losses) **Cash and Cash Equivalents**: $1.52M **Current Ratio**: 2.77 (indicating strong liquidity position)....

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 8.46 -0.04 +3.1% View
Q3 2025 8.53 -0.03 +39.0% View
Q2 2025 8.46 -0.03 -8.8% View
Q1 2025 8.37 -0.03 -31.2% View
Q4 2024 8.20 -0.01 -36.0% View