FingerMotion Inc. (NASDAQ: FNGR) has unveiled its fiscal year 2025 financial results, presenting a nuanced picture of its revenue streams and strategic direction. The company reported a total revenue of $35.61 million, marking a marginal 0.5% decrease from the previous fiscal year. This slight downturn, however, belies the robust performance of its SMS and MMS segment, which saw an impressive 206% surge to $8.17 million. In contrast, the Telecommunications Products & Services division faced a 17% decline, underscoring the shifting dynamics within the company's portfolio.
The financial disclosures also revealed a 28% drop in gross profit to $2.76 million and a net loss of $5.11 million, which represents a 34% increase from fiscal year 2024. These figures reflect the challenges and opportunities FingerMotion is navigating as it undergoes a strategic transition. Central to this transition are the DaGe and C2 platforms, which have begun contributing to revenue and signify FingerMotion's commitment to diversifying its technological ecosystem and enhancing user engagement.
Looking ahead, FingerMotion is focused on expanding its user base organically and cultivating a highly engaged ecosystem within the China market. The company's ambitious goal is to serve over 1 billion users, with potential plans to extend its model to other regional markets. These financial results and strategic initiatives indicate FingerMotion's efforts to adapt and grow in a competitive and evolving digital landscape. For more information on FingerMotion's financial performance and strategic direction, visit https://www.fingermotion.com.
