FingerMotion Reports Fiscal 2026 Revenue Decline but Maintains Financial Stability

FingerMotion Inc. (NASDAQ: FNGR) reported financial results for the fiscal year ended Feb. 28, 2026, with revenue of $24.13 million, a 32% decline from $35.61 million in the prior year. The decrease was primarily attributed to lower activity in its Telecommunications Products and Services segment. The company posted a net loss of $7.0 million, or $0.12 per share, compared with a loss of $5.11 million in fiscal 2025. Gross profit fell 75% to $693,845.

Despite the revenue drop, FingerMotion managed to reduce operating expenses by 12% year over year. The company ended the fiscal year with a working capital surplus of $6.09 million and shareholders’ equity of $15.15 million, indicating a solid balance sheet. Management emphasized its commitment to strengthening the telecommunications business while advancing its marketplace, data analytics, and technology initiatives. The company is also evaluating opportunities in selected international markets.

FingerMotion is an evolving technology company with core competencies in mobile payment and recharge platform solutions in China. As its user base grows, it is developing additional value-added technologies to market to its users. The company aims to rapidly grow its user base through organic means and develop a highly engaged ecosystem. FingerMotion eventually hopes to serve over 1 billion users in China and expand to other regional markets.

For more details, the full press release is available at https://ibn.fm/POdJ0. The latest news and updates on FNGR can be found in the company’s newsroom at https://ibn.fm/FNGR.