secwatch / observer
8-K filed May 30, 2023, 7:59 PM ET ticker FNGR CIK 0001602409
earnings confidence high sentiment negative materiality 0.75

FingerMotion FY2023 revenue up 49% to $34M but net loss widens 53% to $7.54M

FingerMotion, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FingerMotion, Inc. reported the fiscal year ended February 28, 2023 results: revenue $34.05 million, net income $7.54 million, EPS $0.17.

Period
the fiscal year ended February 28, 2023
Revenue
$34.05 million
Net income
$7.54 million
EPS
$0.17
Result
reported results
Exact text from the filing
● Reported annual revenue of $34.05 million which was an increase of $11.12 million or 49% compared to FY 2022 (includes SMS & MMS, Telecommunications Products & Services businesses, and Big Data); ● Reported Year over Year annual growth in Telecommunications Products & Services business revenue of $18.35 million or 212% compared to FY 2022; ● Reported Year over Year annual decline in SMS & MMS business revenue of $7.53 million or 53% compared to FY 2022; ● Reported Year over Year annual growth in Big Data revenue of $0.31 million or 233% compared to FY 2022; ● Reported gross profits of $2.32 million which was a decrease of $0.5 million or 17.6% compared to FY 2022; ● Reported annual cost of revenue of $31.74 million which was an increase of $11.62 million or 58% compared to FY 2022; ● Reported operating expenses of $8.98 million which was an increase of $1.30 million or 17% compared to FY 2022; ● Reported annual net loss of $7.54 million which was an increase of $2.60 million or 53% c
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8 earnings releases filed in the last 30 days. Browse all earnings releases →

FingerMotion, Inc. filing history →

Source: SEC EDGAR
accession 0001520138-23-000253
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