FingerMotion Reports Q2 2025 Financial Results
FingerMotion Reports Q2 2025 Financial Results
Singapore, Singapore--(Newsfile Corp. - October 16, 2024) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services and data company, is pleased to report its financial results for the second quarter of fiscal 2025 for the period ended August 31, 2024. To review the full financial results, please view the Company's recent 10-Q filing at www.sec.gov/edgar/search or on the Company's website at , which should be read in connection with this news release.
新加坡, 新加坡--(通信-半導體 - 2024年10月16日) - FingerMotion公司 (納斯達克股票代碼: FNGR) ("公司"或"FingerMotion"), 一家移動服務和數據公司, 非常高興地宣佈截至2024年8月31日第二季度財務業績。要查看完整的財務業績, 請訪問公司在www.sec.gov/edgar/search 上的最新10-Q備案或公司網站 , 並結合本新聞發佈閱讀。
Q2 2025 Financial Summary (results expressed in US$ unless otherwise indicated):
2025財年第二季度財務摘要(除非另有說明,金額以美元計算):
- Reported quarterly revenue of $8.46 million (includes Telecommunications Products & Services, SMS & MMS Business, and Command & Communication), a decrease of $0.82 million or 9% compared to Q2 of fiscal 2024;
- Reported quarterly decrease in Telecommunications Products & Services business revenue of $0.77 million or 8% compared to Q2 of fiscal 2024;
- Reported SMS & MMS business revenue of $3,770 compared to $8,192 in Q2 of fiscal 2024;
- Reported quarterly Command & Communication revenue of $28,730 compared to $0 in Q2 of fiscal 2024:
- Reported quarterly Big Data revenue of $0 compared to $76,746 in Q2 of fiscal 2024;
- Reported quarterly cost of revenue of $8.16 million, an increase of $0.72 million or 10% compared to Q2 of fiscal 2024;
- Reported a gross profit of $0.30 million, a decrease of $1.54 million or 84% compared to Q2 of fiscal 2024;
- Reported quarterly loss attributable to the Company's shareholders of $1.69 million, an increase of $1.55 million or 1,159% compared to Q2 of fiscal 2024;
- Reported basic and diluted loss per share of $(0.03) versus a loss per share of $(0.00) for Q2 of fiscal 2024;
- At August 31, 2024, FingerMotion had $810,284 in cash and cash equivalents, a working capital surplus of $9,708,861 and shareholders' equity of $9,878,372;
- At August 31, 2024, Total Assets were $30.19 million, Total Current Liabilities were $20.24 million and Total Liabilities were $20.31 million;
- 52,712,850 shares of common stock were issued and outstanding as of August 31, 2024.
- 報告季度營業收入爲846萬美元(包括電信產品與服務、SMS與MMS業務和指揮傳播),較2024財年第二季度減少82萬美元或9%;
- 報告的電信產品與服務業務季度收入較2024財年第二季度減少77萬美元或8%;
- 報告的SMS與MMS業務收入爲3,770美元,較2024財年第二季度的8,192美元減少;
- 報告季度指揮傳播收入爲28,730美元,較2024財年第二季度的0美元增加;
- 報告的大數據季度營收爲0美元,較2024財年第二季度的76,746美元減少;
- 報告季度成本爲816萬美元,較2024財年第二季度增加72萬美元或10%;
- 報告顯示,2024財年第二季度毛利潤爲30萬美元,較上一季度減少154萬美元,下降了84%;
- 報告顯示,2024財年第二季度公司股東應占虧損爲169萬美元,較上一季度增加了155萬美元,增長了1159%;
- 報告顯示,2024財年第二季度基本和攤薄每股虧損爲(0.03)美元,而2024財年第二季度每股虧損爲(0.00)美元;
- 截至2024年8月31日,FingerMotion擁有現金及現金等價物810,284美元,流動資產淨額爲9,708,861美元,股東權益爲9,878,372美元;
- 截至2024年8月31日,總資產爲3019萬美元,總流動負債爲2024萬美元,總負債爲2031萬美元;
- 截至2024年8月31日,共發行並流通的普通股爲52,712,850股;
"While Q2 2025 presented challenges for our Company, we are encouraged by the continued growth in our Cloud business segment," stated Martin Shen, CEO of FingerMotion. "Although our overall gross margin decreased compared to Q2 2024, we saw a positive shift in our product mix, with increased revenue from our higher-margin Cloud services. We are confident in our ability to optimize our product mix and improve our gross margin performance in the future."
FingerMotion首席執行官Martin Shen表示:「雖然2025年第二季度對我們公司構成了挑戰,但我們對雲業務板塊持續增長感到鼓舞。」「儘管整體毛利率較2024年第二季度有所下降,但我們產品組合呈現積極變化,來自更高毛利的雲服務收入增加。我們有信心能夠優化產品組合,提高未來的毛利率表現。」
Mr. Shen also stated, "Going forward we expect our cloud-based services and Command & Communication segment to drive significant revenue growth for the balance of this fiscal year."
沈先生還表示:「展望未來,我們預計基於雲服務和指令通信領域將推動本財年餘下時期的顯著營業收入增長。」
General and administrative expenses decreased by $86,320 or 5% during Q2 2025, while marketing cost increased by $13,145 or 22%. Share compensation expenses increased by $26,145 or 17%.
在2025年第二季度,管理和行政費用減少了86,320美元,降低了5%,而營銷成本增加了13,145美元,增長了22%。股份補償費用增加了26,145美元,增長了17%。
About FingerMotion, Inc.
關於 FingerMotion, Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
FingerMotion是一家不斷髮展的技術公司,其核心能力是在中國的移動支付和充值平台解決方案。隨着其主要業務的用戶群繼續增長,該公司正在開發其他增值技術以向其用戶市場銷售。該公司的願景是通過有機手段快速增加用戶基礎,並使這種增長髮展成爲使用其創新應用程序的用戶生態系統。開發高度參與的用戶生態系統將在戰略上使該公司能夠吸納更大的客戶群體。FingerMotion最終希望服務於中國市場上超過10億的用戶,並最終將該模型擴展到其他區域市場。
For more information on FingerMotion, visit:
欲了解更多有關FingerMotion的信息,請訪問:
Company Contact:
FingerMotion, Inc.
For further information e-mail: info@fingermotion.com
Phone: 718-269-3366
公司聯繫人:
FingerMotion,公司。
如需進一步信息,請發送電子郵件至:info@fingermotion.com
電話:718-269-3366。
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com
投資者關係聯繫人:
Skyline企業傳播集團有限責任公司
Scott Powell,總裁
One Rockefeller Plaza, 11th Floor
紐約,NY 10020
辦公室: (646) 893-5835
電郵:info@skylineccg.com
Safe Harbor Statement
Safe Harbor聲明
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance, including expected revenues. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities.
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