FingerMotion Inc. FNGR Archives - Page 6 of 15

TuesdayJul 19, 2022 12:10 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Financial Report for Q1 2023

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting its financial results for first quarter 2023, which is the period ending May 31, 2022. A highlight of the report showed a record quarterly revenue of $4.86 million; the report noted that that number included FNGR’s SMS & MMS and telecommunications products & services businesses. The report also noted a 13% quarterly decline in the company’s telecommunications products & services business revenue, along with a quarterly cost of revenue of $4.48 million and a reported quarterly loss of $1.44 million. FNGR also noted that its big data business showed…

MondayJul 18, 2022 12:00 pm

FingerMotion Inc. (NASDAQ: FNGR) CEO Sees Optimism in Company’s Revenue Growth, Plans for New Mobile Tech Services in China Market

FingerMotion, a U.S.-based communications technology services provider focused on the massive potential of China’s 1.4 billion mobile device user market, reported revenue growth of 37 percent YOY to $22.93 million in its most recent annual financial report Company CEO Martin Shen expressed “cautious optimism” that FingerMotion can maintain its momentum, in part because of a ready-to-launch mobile device protection plan similar to AppleCare that the company expects to be competitive in China Shen said he also expects the company’s nascent big data product to play a large role in revenue growth in coming years as other industries discover the value…

FridayJul 15, 2022 12:56 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Unveils Mobile Device Protection Product in China

FingerMotion (NASDAQ: FNGR), a mobile data and services company, has launched a line of new mobile device protection products in China; the products are provided by FingerMotion’s subsidiary, Shanghai TengLian Jiujiu Information and Communication Technology Co. Ltd. (TengLian). The company noted that the distribution of these protection products has already begun, with the first phase of rollout happening in Hunan Province, which has a mobile subscriber base of 90 million; the company is planning phased rollouts in the months that will ultimately reach 1.2 billion subscribers. The products are available as embedded, value-added features on devices offered through Chinese carriers.…

WednesdayJul 13, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Optimizing its Product Mix and Exploring New Opportunities in Huge and Growing Chinese Market

FingerMotion posted a 37% YOY revenue growth for the 2021 financial year The company’s Telecommunications Products and Services category posted the highest growth at 170% The company looks to build on this performance by capitalizing on the opportunities within China and, more specifically, the mobile payment and mobile recharge platform solutions market Its successful strategy is based upon pushing gross margins by offering new products and services and improving existing ones In June 2022, FingerMotion (NASDAQ: FNGR) released its financial results for the year ended February 28, 2022. Of note in the report was the 37% year-over-year (“YOY”) growth in…

MondayJul 11, 2022 2:15 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Developing ‘Must-Have Application for Consumers and Businesses’

FingerMotion (NASDAQ: FNGR) is focused on serving the enormous cell phone and reinsurance markets in China through its SMS and MMS, as-yet-unlaunched rich communication services (“RCS”), mobile top-up, and big data services. FingerMotion CEO Martin Shen recently presented at the 12th Annual LD Micro Invitational Conference in the Greater Los Angeles area’s Westlake Village. A recent article reads: “‘Our primary area of focus is the development of must-have applications for consumers and businesses,’ a promotional video introduced by Shen at the LD Micro Conference stated. ‘Hopefully, you can see from that video that we’re well-entrenched in the mobile phone arena,…

FridayJul 08, 2022 10:30 am

US-based Telco Services Provider FingerMotion Inc. (NASDAQ: FNGR) Focuses on Huge China Mobile User Opportunity Amid Changes in Global Market

FingerMotion is a U.S.-based mobile communications technology services provider that is focused on the particular opportunities found in China’s world-leading population and enormous mobile user base The company has been building on collaborations with the nation’s largest telecommunications businesses, as shown by its recent work with state-owned China Mobile to build mobile services in the Fujian province FingerMotion has also been directing its big data operations through its Sapientus division to supply reinsurance agencies with tools to measure consumer risks while China’s credit and insurance risk standards are still in a nascent stage The company’s annual financial data reported in…

WednesdayJul 06, 2022 9:45 am

Mobile Tech Services Provider FingerMotion Inc. (NASDAQ: FNGR) Strengthening Revenues With China’s Expanding User Base

U.S.-based mobile communications technology services provider FingerMotion is a China-focused innovator building revenues in the cell phone and reinsurance markets China recently reinforced its interest in seeing mobile payments and financial technology platforms playing a larger part in its developing economic strategy for strengthening its internal domestic consumerism FingerMotion recently reported annual financial data that showed revenue had grown by 37 percent during last year with 297 percent growth in its big data revenue and 170 percent growth in telecommunications products and services China has an estimated 1.4 billion mobile users, and market analysts predict mobile engagement there will grow…

ThursdayJun 30, 2022 2:46 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Optimizing Product Offerings to Push Gross Margins Higher

FingerMotion (NASDAQ: FNGR) recently reported its financial results for the year ended February 28, 2022. “Annual revenue rose from $6.24 million in 2021 to $22.93 million in 2022, representing a 37% growth… For FY 2022, FingerMotion posted grows profits of $2.81 million, representing a 71% increase from the previous year. This was mainly achieved through the growth of the SMS & MMS business, which posted a 5% year-over-year (‘YoY’) growth, as well as Telecommunications Products and Services, which posted a 170% revenue growth from 2021. However, the sector that posted the highest growth was Big Data. Revenue for this sector…

FridayJun 24, 2022 9:45 am

Conference Presentation Shows Growth of FingerMotion Inc.’s (NASDAQ: FNGR) Telcom Tech Service Operations, Revenues

FingerMotion is a U.S.-based communications technology business focused on serving the enormous cell phone and reinsurance markets in China Company CEO Martin Shen recently reported on the growing operations of FingerMotion and the increase in annual revenues when he appeared at LD Micro’s annual investor-centric conference in California Shen noted that FingerMotion’s ultimate goal is to improve people’s lifestyles by using technology and data analysis to boost understanding, and creating new products that further develop that goal The company is expanding on its SMS, MMS and top-up revenue channels by developing RCS services and a device protection plan operation for…

WednesdayJun 22, 2022 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Posts a 37% YOY Revenue Growth for the 2022 Financial Year; Seeks to Keep Pushing Gross Margins Higher in the Current Fiscal Year

FingerMotion just announced a 37% annual revenue growth from $6.24 million in 2021 to $22.93 million for the 2022 financial year Big Data posted the most significant growth at 297%, followed by Telecommunications Products & Services at 170% and SMS & MMS at 5% The company looks to keep pushing gross margins higher by leveraging the optimization of its product offerings FingerMotion (NASDAQ: FNGR) just released its financial results for the year ended February 28, 2022, which was an incredible year for the company. Annual revenue rose from $6.24 million in 2021 to $22.93 million in 2022, representing a 37%…

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