---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-23-000253"
form_type: "8-K"
ticker: "FNGR"
cik: "0001602409"
company_name: "FingerMotion, Inc."
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:42:20.301416+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Annual revenue $34.05M (+49% YoY); Telecommunications Products & Services revenue grew 212% to $18.35M.
- Net loss $7.54M (EPS -$0.17), up 53% YoY; gross profit down 17.6% to $2.32M, gross margin 6.8%.
- Cash $9.24M, shareholders' equity $12.97M, total assets $17.55M; 49.4M shares outstanding.
- CEO cites COVID lockdowns delaying device protection launch; expects gross margin recovery.

## SEC filing metadata
- accession: 0001520138-23-000253
- form_type: 8-K
- ticker: FNGR
- cik: 0001602409
- company_name: FingerMotion, Inc.
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602409/000152013823000253/0001520138-23-000253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602409/000152013823000253/fngr-20230530_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-23-000253
- JSON: https://secwatch.observer/filing/0001520138-23-000253.json
- Plain text: https://secwatch.observer/filing/0001520138-23-000253.txt

## Key facts
- Earnings Releases
  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
  source text: ● 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602409/000152013823000253/0001520138-23-000253-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.