secwatch.observer — SEC 8-K summary
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Issuer:     FingerMotion, Inc. (FNGR)
CIK:        0001602409
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001520138-23-000253
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1602409/000152013823000253/0001520138-23-000253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1602409/000152013823000253/fngr-20230530_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-23-000253

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer