FingerMotion Inc. FNGR Archives

ThursdayJan 23, 2025 10:40 am

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Secures Contracts for Emergency Response Communication Platform

FingerMotion (NASDAQ: FNGR), announced that it has been awarded contracts to equip emergency response vehicles with its Advanced Mobile Integrated Command and Communication Platform ("C2 Platform") following a competitive tender process. Developed in collaboration with JiuGe Technology, a subsidiary, and SAIC Maxus, the C2 Platform integrates mobile, satellite, and private networks, enabling real-time, uninterrupted communication for first responders. CEO Martin Shen highlighted the platform's role in enhancing emergency coordination and response efficiency, emphasizing plans to expand its market presence through strategic partnerships. To view the full press release, visit https://ibn.fm/Q0mP9 About FingerMotion Inc. FingerMotion is an evolving technology company with…

WednesdayJan 15, 2025 9:25 am

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports 39% Revenue Growth in Q3 Fiscal 2025 Results

FingerMotion (NASDAQ: FNGR), posted $8.53 million in revenue for Q3 fiscal 2025, a 39% year-over-year increase driven by its Telecommunications Products & Services division. The SMS & MMS segment saw revenue jump to $44,457, compared to $7,900 in Q3 fiscal 2024, while Big Data revenue was $0, down from $5,584. Gross profit fell 30% to $0.44 million due to a 47% rise in the cost of revenue, but quarterly net loss improved to $1.66 million, a 15% reduction from the prior year. CEO Martin Shen highlighted the company's strengthened financial position, including a working capital surplus of $9.43 million, and…

FridayDec 20, 2024 8:00 am

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces $5 Million Direct Offering to Institutional Investors

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has entered into a definitive securities purchase agreement with institutional investors for the sale of 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares at a combined price of $1.50 per share and warrant. The common warrants are exercisable immediately at $1.50 per share and have a five-year term. Expected to close by Dec. 23, 2024, the offering is anticipated to generate $5.0 million in gross proceeds, to be used for general corporate purposes. Roth Capital Partners is acting as the exclusive placement agent for the offering,…

TuesdayJul 09, 2024 2:53 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Subsidiary Debuts Emergency Response Management Platform

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd. is offering advanced solutions for nationwide emergency response management. According to the announcement, the company is developing solutions specifically for collaboration with dispatchers, first responders and healthcare agencies during emergency situations in China. Furthermore, the company has received an initial order for the solution, the Advanced Mobile Integrated Command and Communication Platform, which will be installed in vehicles and apparatuses connected to the China’s civil emergency crisis program. Company officials noted that this first contract reflected the trust that industry…

ThursdayMay 30, 2024 3:38 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Financial Report for FY 2024

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting its financial results for FY 2024, the yearlong period ended Feb. 29, 2024. Numbers worth noting from the report show annual revenue of $35.79 million, a 5% increase over FY 2023; year-over-year annual growth of $5.78 million in Telecommunications Products & Services business revenue, a 21% increase over FY 2023; an annual decline in year-over-year revenue in SMS & MMS business revenue and Big Data revenue, which totaled $3.94 million and $0.11 million respectively; and gross profits of $3.86 million, a $1.54 million increase over 2023 FY numbers. In…

WednesdayApr 17, 2024 3:45 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Agreements to Add Charging Terminal Access for Users of Growing Da Ge App

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled entity, Shanghai JiuGe Information Technology Co. Ltd., is facilitating the expanded use of the Da Ge app. According to the announcement, the company is entering into arrangements with certain electric vehicle ("EV") charging station providers in China that will allow owners of electric vehicles who have subscribed to the Da Ge app to locate and charge their cars. The arrangements are with Jiangsu YKC and Shanghai Anyo Charging Technology Co. Ltd, which operates more than 400,000 charging terminals for electric vehicles. According to the announcement, the Da…

MondayMar 25, 2024 3:27 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Issues Capybara Research Litigation Update

FingerMotion (NASDAQ: FNGR), on Oct. 19, 2023, announced that it filed a federal lawsuit in the United States District Court for the Southern District of New York, FingerMotion, Inc., v. Capybara Research et. al. The case was against defendant Capybara Research, alleging claims for securities fraud, tortious interference with prospective business expectancy and defamation in connection with a defamatory article maliciously published to its website and X account in a premeditated attempt to decrease FingerMotion’s share price and financially benefit from its previously disclosed short position. On Jan. 16, 2024, the company amended its complaint to add claims against Accretive…

ThursdayMar 21, 2024 1:47 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR), CEO Recognized at FiNext Conference with Excellence in Finance Awards

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and CEO Martin J. Shen, received recognition at the recent FiNext Conference. At the conference, which was held in Dubai on Feb. 28–29, 2024, FingerMotion and Shen both received awards. Shen was awarded the Excellence in Finance — Leaders Award, and the company was awarded the Excellence in Finance — Companies Award. The Excellence in Finance — Companies Award recognizes organizations that have demonstrated exceptional performance, innovation and impact within the finance and fintech sector, while the Excellence in Finance — Leaders Award spotlights individuals who have exhibited exemplary leadership, vision…

WednesdayFeb 21, 2024 12:07 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board of directors. Other issues that were approved by shareholders during the meeting was the appointment of Centurion ZD CPA & Co. as FingerMotion’s independent registered public accounting firm as well as executive compensation. In addition,…

FridayJan 26, 2024 11:02 am

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at Upcoming Microcap Conference

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced that it will be participating at the Microcap Conference; the conference is scheduled for Jan. 30–Feb. 1, 2024, in Atlantic City, New Jersey. FingerMotion CEO Martin J. Shen will be presenting at the conference; his presentation is scheduled to begin at 12:30 p.m. ET on Jan. 31. In addition, members of the FingerMotion management team will be available for one-on-one meetings during the three-day event. The Microcap Conference is hosted by DealFlow Events and features presentations from publicly traded microcap companies and qualified private companies across an array of sectors,…

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