secwatch / observer
8-K filed July 14, 2023, 7:59 PM ET ticker FNGR CIK 0001602409
earnings confidence high sentiment neutral materiality 0.65

FingerMotion Q1 FY2024 revenue $12.17M +151% YoY; net loss narrows to $1.26M

FingerMotion, Inc.

2024-Q1 EPS reported -$0.02 vs consensus $0.01 ▼ miss (-296.1%)

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 first quarter ended May 31, 2023 results: revenue $12.17 million, net income $1.26 million loss, EPS $0.02 per share.

Period
the first quarter ended May 31, 2023
Revenue
$12.17 million
Net income
$1.26 million loss
EPS
$0.02 per share
Result
reported results
Exact text from the filing
Q1 2024 Financial Summary (results expressed in US$ unless otherwise indicated): ● Reported record quarterly revenue of $12.17 million (includes SMS & MMS, Telecommunications Products & Services and Big Data businesses); ● Reported a quarterly increase in revenues of $7.31 million or 151% compared to Q1 2023; ● Reported quarterly increase in Telecommunications Products & Services business revenue of $10.5 million or 692% compared to Q1 2023; ● Reported quarterly Big Data revenue of $0.15 million compared to $Nil in Q1 2023; ● Reported quarterly decline in SMS & MMS business revenue of $3.3 million or 100% compared to Q1 2023; ● Reported quarterly cost of revenue of $11.51 million which was an increase of $7.03 million or 157% compared to Q1 2023; ● Reported quarterly loss of $1.26 million which was an decrease of $0.18 million or 12% compared to Q1 2023; ● Basic and Diluted loss per share of $0.02 versus a loss per share of $0.03 for Q1 2023; ● On May 31, 2023, FingerMotion had $5.42 m
View on SEC.gov

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FingerMotion, Inc. filing history →

Source: SEC EDGAR
accession 0001520138-23-000289
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