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FingerMotion Reports Q1 2025 Financial Results

FingerMotion Reports Q1 2025 Financial Results

FingerMotion報告2025年第一季度財務業績。
Accesswire ·  06/29 04:30

SINGAPORE, SINGAPORE / ACCESSWIRE / June 28, 2024 / FingerMotion, Inc. (NASDAQ:FNGR) (the "Company" or "FingerMotion"), a mobile services and data company, is pleased to report its financial results for the first quarter of fiscal year 2025 for the period ended May 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.

移動服務和數據公司FingerMotion, Inc. (NASDAQ:FNGR)高興地宣佈,截至2024年5月31日的2025財年第一季度的財務業績已經公佈。請在 www.sec.gov/edgar/search 或公司網站查閱完整的財務報告,與此新聞發佈一起閱讀。

Q1 2025 Financial Summary (results expressed in US$ unless otherwise indicated):

2025財年第一季度財務概要(除非另有說明,結果均以美元表示):

  • Reported quarterly revenue of $8.37 million (includes SMS & MMS and Telecommunications Products & Services businesses), which was a decrease of $3.80 million or 31% compared to Q1 2024;

  • Reported quarterly decrease in Telecommunications Products & Services business revenue of $11.80 million or 98% compared to Q1 2024;

  • Reported quarterly Big Data revenue of $Nil compared to $.15 million in Q1 2024;

  • Reported quarterly increase in SMS & MMS business revenue of $8.16 million compared to $.01 million in Q1 2024, which was an increase of 100,427% compared to Q1 2024;

  • Reported quarterly cost of revenue of $7.69 million, which was a decrease of $3.81 million or 33% compared to Q1 2024;

  • Reported a gross profit of $.68 million, which was an increase of $.02 million or 3% compared to Q1 2024;

  • Reported quarterly loss of $1.66 million, which was an increase of $0.39 million or 31% compared to Q1 2024;

  • Basic and Diluted loss per share of $0.03 versus a loss per share of $0.02 for Q1 2024;

  • On May 31, 2024, FingerMotion had $1,064,124 in cash and cash equivalents, a working capital surplus of $10,732,123 and a positive shareholders' equity of $10,906,006;

  • Total Assets were $26.31 million, Total Current Liabilities were $15.31 million and Total Liabilities were $15.40 million; and

  • 52,712,850 common shares were issued and outstanding as of May 31, 2024.

  • 報告季度收入837萬美元(包括SMS&MMS和電信產品和服務業務),較2024年第一季度下降380萬美元或31%;

  • 報告電信產品和服務業務的季度收入較2024年第一季度下降1180萬美元或98%;

  • 報告2024年第一季度無大數據收入,而本季度亦無;

  • 報告SMS&MMS業務收入較2024年第一季度增加816萬美元,高達100,427%;

  • 報告本季度成本費用769萬美元,較2024年第一季度下降381萬美元或33%;

  • 報告毛利潤0.68萬美元,較2024年第一季度增長0.02萬美元或3%;

  • 報告本季度淨虧損166萬美元,較2024年第一季度增長0.39萬美元或31%;

  • Q1 2025每股基本和稀釋虧損均爲0.03美元,而Q1 2024每股基本和稀釋虧損均爲0.02美元;

  • 截至2024年5月31日,FingerMotion擁有1064124美元的現金及現金等價物,營運資本盈餘10732123美元,股東權益爲10906006美元;

  • 總資產爲2631萬美元,總流動負債爲1531萬美元,總負債爲1540萬美元;而

  • 截至2024年5月31日,共發行52712850股普通股。

FingerMotion's decrease in revenue of $3.8 million, or 31%, compared to the three months ended May 31, 2023, resulted from an increase in revenue of $8.16 million from its SMS & MMS business, offset by decreases in revenue of $11.80 million and $.15 million from its Telecommunication Products & Services and Big Data businesses, respectively. The Company's SMS & MMS business saw a significant revenue increase due to the strategic reallocation of resources to this segment, allowing FingerMotion to capitalize on higher margins and improved profitability. This strategic shift reflects the Company's focus on optimizing its business portfolio by prioritizing higher-margin segments, which resulted in a corresponding decrease in revenue from its Telecommunication Products & Services business.

FingerMotion的營收下降380萬美元,或31%,是由於SMS&MMS業務營收增加816萬美元,而電信產品和服務業務和大數據業務的營收分別下降了1180萬美元和0.15美元,本公司的國際短信和彩信業務由於戰略資源的調整增加了重大的收入,提高了利潤率和盈利能力。這種戰略轉變反映了公司通過優化其業務組合來優先考慮高利潤區段的重點,這導致其電信產品和服務業務的相應營收下降。

"Our Company again experienced a challenging market during Q1 2025," said CEO, Martin Shen. "Despite these challenges, however, during Q1 2025, our gross profit improved $.02 million, or 3%, and our cost of revenue decreased $3.81 million, or 33%, compared to Q1 2024."

「我們公司在2025年第一季度再次遭遇了一個具有挑戰性的市場,」首席執行官Martin Shen說。「然而,在2025年第一季度,我們的毛利潤提高了0.02萬美元,或3%,成本費用下降了381萬美元,或33%,與2024年第一季度相比。」

"Looking forward, we see several drivers for improving revenue this fiscal year, including arrangements that could result in significantly increased use of our Da Ge app, which already has 650,000 active subscribers," said Martin Shen. "We also continued to invest in the future with our Insuretec partners, and our Sapientus big data platform has made additional progress on several fronts, including market implementation, analytical advancement, and network engagement."

「展望未來,我們看到本財年的收入將有幾個推動因素,包括可能導致我們的Da Ge應用程序使用增加的安排,該應用程序已經有65萬名活躍用戶,」Martin Shen說。「我們還在與我們的Insuretec合作伙伴一起持續投資未來,我們的Sapientus大數據平台在多個領域取得了進一步進展,並不斷推進市場實現,分析改進和網絡參與。」

"We also expect both our cloud-based services and lifestyle app to contribute meaningful revenue later this fiscal year."

「我們還期望我們的雲基礎服務和生活方式應用程序將在本財年晚些時候爲實現收入做出重要貢獻。」

"Therefore, we expect the balance of fiscal 2025 to demonstrate increasing revenue and improved margins to get us closer to our goal of profitability."

「因此,我們期望本財年的平衡將展示出不斷增長的收入和改善的利潤率,以使我們更接近實現盈利的目標。」

General and administrative expenses in Q1 2025 increased by $519,787 or 38%, which was a result of increases in a range of costs integral to the ongoing operational and administrative requirements necessary to support the Company's growth and ongoing operational needs. Research and development expenses increased to $178,993 during the quarter, which was 4% higher due to the data access and usage fees charged by our telecommunications companies.

Q1 2025的一般和行政費用增加了519,787美元或38%,這是各種成本積極上漲的結果。研發費用在本季度增加到了178,993美元。這是由於我們的電信公司有數據存取和使用費用的相關增長。

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是一家不斷髮展的科技公司,專注於移動支付和中國充值平台解決方案。隨着其主要業務的用戶基礎不斷增長,公司正在開發附加的增值技術以向其用戶營銷。公司的願景是通過有機手段快速增加用戶數量,並使這種增長轉化爲具有高參與度的用戶生態系統,使用其創新應用程序。 發展一種高度參與的用戶生態系統將在戰略上使本公司具備吸引更大客戶群的優勢。 FingerMotion最終希望爲中國市場服務超過10億用戶,並最終將這種模式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:

公司聯繫人:

FingerMotion, Inc.
For further information e-mail: info@fingermotion.com
Phone: 718-269-3366

FingerMotion,公司。
有關詳細信息,請發送電子郵件至:info@fingermotion.com
電話:718-269-3366。

Investor Relations Contact:

投資者關係聯繫人:

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

Skyline Corporate Communications Group, LLC
Scott Powell,總裁
One Rockefeller Plaza, 11th Floor
紐約,NY 10020
辦公室: (646) 893-5835
電子郵件地址: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 our securities.

除本新聞稿中包含的歷史事實陳述外,所提供的信息構成"前瞻性陳述",該術語如適用於美國相關證券法。這些陳述涉及基於預測或未確定金額估算和管理假設的分析和其他信息。任何其他表達或涉及與預測、期望、信念、計劃、投射、目標、假設或未來事件或業績有關的討論(通常但並不總是使用"預期"或"不預期"、"預期"、"預期不足"、"預測"、"目測"、"意圖"、或說明某些行動、事件或結果"可能"、"可能"、"將"發生或實現)不屬於歷史事實陳述,應視爲"前瞻性陳述"。我們基於我們對未來事件或業績的當前預期,包括預期的收入,作出這些前瞻性陳述。雖然我們認爲這些期望是合理的,但這些前瞻性陳述本質上受到風險和不確定性的影響,其中許多超出了我們的控制範圍。由於各種原因,我們的實際未來業績可能會因我們的前瞻性陳述消極影響而與討論或暗示的不同。可能導致這種差異的因素包括但不限於:國際、全國和地方的一般經濟和市場條件;人口變化;公司維持、管理或預測其增長的能力;公司管理其VIE合同的能力;公司在中國維護其關係和許可的能力;不利的宣傳;中國電信市場的競爭和變化;營運結果波動和難以預測的困難;業務中斷,如技術故障和/或網絡安全漏洞;以及本公司定期向證券交易委員會提交併在其網站上公開的其他因素。不能保證這些陳述將證明準確,因爲實際的結果和未來事件可能會與這些陳述所預期的不同。因此,讀者不應過度依賴本新聞稿和本新聞稿中引用的任何文件中包含的前瞻性陳述。在本新聞稿中包含的前瞻性陳述中,公司聲明申請受1995年《私人證券訴訟報告法》規定的前瞻性陳述的避難所保護。公司不承擔更新或補充任何前瞻性陳述的義務,無論是基於新信息、未來事件還是其他原因。本新聞稿不構成銷售或要約任何證券的要約。

SOURCE: FingerMotion

來源:FingerMotion


譯文內容由第三人軟體翻譯。


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