FingerMotion, Inc. Files 8-K on Financials

TL;DR

Fingermotion dropped an 8-K on Jan 15th covering financials and operations. Check it out.

AI Summary

FingerMotion, Inc. filed an 8-K on January 15, 2025, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company, incorporated in Delaware, is based in Singapore and operates in the prepackaged software industry.

Why It Matters

This 8-K filing provides crucial updates on FingerMotion's financial performance and operational status, which are important for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.

Key Players & Entities

• FingerMotion, Inc. (company) — Registrant
• January 15, 2025 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• Singapore (location) — Principal Executive Offices
• 7372 (sic_code) — Standard Industrial Classification

FAQ

Key Financial Figures

• $8.53 million — cated): Reported quarterly revenue of $8.53 million (includes Telecommunications Products &
• $2.39 million — and SMS & MMS Business), an increase of $2.39 million or 39% compared to Q3 of fiscal 2024;
• $2.36 million — Products & Services business revenue of $2.36 million or 39% compared to Q3 of fiscal 2024;
• $44,457 — Reported SMS & MMS business revenue of $44,457 compared to $7,900 in Q3 of fiscal 2024
• $7,900 — business revenue of $44,457 compared to $7,900 in Q3 of fiscal 2024; Reported quarte
• $0 — Reported quarterly Big Data revenue of $0 compared to $5,584 in Q3 of fiscal 2024
• $5,584 — erly Big Data revenue of $0 compared to $5,584 in Q3 of fiscal 2024; Reported quarte
• $8.09 m — Reported quarterly cost of revenue of $8.09 million, an increase of $2.59 million or
• $2.59 million — evenue of $8.09 million, an increase of $2.59 million or 47% compared to Q3 of fiscal 2024;
• $0.44 m — scal 2024; Reported a gross profit of $0.44 million, a decrease of $0.19 million or 3
• $0.19 million — profit of $0.44 million, a decrease of $0.19 million or 30% compared to Q3 of fiscal 2024;
• $1.66 m — 024; -2- Reported quarterly loss of $1.66 million, a decrease of $0.28 million or 1
• $0.28 million — ly loss of $1.66 million, a decrease of $0.28 million or 15% compared to Q3 of fiscal 2024;
• $0.03 — ted basic and diluted loss per share of $0.03 versus a loss per share of $0.04 for Q3
• $0.04 — are of $0.03 versus a loss per share of $0.04 for Q3 of fiscal 2024; General and ad

Filing Documents

• fngr-20250115_8k.htm (8-K) — 38KB
• fngr-20250115_8kex99z1.htm (EX-99) — 19KB
• image_001.jpg (GRAPHIC) — 7KB
• 0001520138-25-000043.txt ( ) — 245KB
• fngr-20250115.xsd (EX-101.SCH) — 3KB
• fngr-20250115_lab.xml (EX-101.LAB) — 33KB
• fngr-20250115_pre.xml (EX-101.PRE) — 24KB
• fngr-20250115_8k_htm.xml (XML) — 4KB

02

Item 2.02 Results of Operations and Financial Condition. On January 15, 2025, FingerMotion, Inc. (the "Company") issued a news release to report its financial results for the third quarter of fiscal year 2025 for the period ended November 30, 2024. The information regarding the financial results for the third fiscal quarter ended November 30, 2024 of the Company contained in Item 7.01 below is responsive to this Item 2.02 and is incorporated into this Item 2.02 by reference. The information in this Item 2.02 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing. SECTION 7 – REGULATION FD

01

Item 7.01 Regulation FD Disclosure On January 15, 2025, the Company issued a news release to report its financial results for the third quarter of fiscal year 2025 for the period ended November 30, 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 www.fingermotion.com/investor-relations/financial-information/details , which should be read in connection with this news release. Q3 2025 Financial Summary (results expressed in US$ unless otherwise indicated): Reported quarterly revenue of $8.53 million (includes Telecommunications Products & Services, and SMS & MMS Business), an increase of $2.39 million or 39% compared to Q3 of fiscal 2024; Reported quarterly increase in Telecommunications Products & Services business revenue of $2.36 million or 39% compared to Q3 of fiscal 2024; Reported SMS & MMS business revenue of $44,457 compared to $7,900 in Q3 of fiscal 2024; Reported quarterly Big Data revenue of $0 compared to $5,584 in Q3 of fiscal 2024; Reported quarterly cost of revenue of $8.09 million, an increase of $2.59 million or 47% compared to Q3 of fiscal 2024; Reported a gross profit of $0.44 million, a decrease of $0.19 million or 30% compared to Q3 of fiscal 2024; -2- Reported quarterly loss of $1.66 million, a decrease of $0.28 million or 15% compared to Q3 of fiscal 2024; Reported basic and diluted loss per share of $0.03 versus a loss per share of $0.04 for Q3 of fiscal 2024; General and administrative expenses decreased by $676,566 or 30% during Q3 2025, while marketing costs increased by $99,515 or 243%. Share compensation expenses increased by $71,071 or 66%. On November 30, 2024, FingerMotion had $164,600 in cash and cash equivalents, a working capital surplus of $9,426,608 and shareholders' equity of $9,583,495; On November 30, 2024, Total Assets were $31.94 million, Total Current Liabilities were $22.32 million and Total Liabilit

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Description 99.1 News Release dated January 15, 2025 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) -4-

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FINGERMOTION, INC. DATE: January 15, 2025 By: /s/ Martin J. Shen Martin J. Shen CEO and Director -5-

View Full Filing

View this 8-K filing on SEC EDGAR