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Feb 28, 2022

Fingermotion Q4 2022 Earnings Report

Reported financial results for the year ended February 28, 2022.

Key Takeaways

FingerMotion reported its financial results for the year ended February 28, 2022, achieving a NASDAQ uplisting and surpassing $5.0 million in shareholders equity. The company expanded its Top up business and maintained profitability in its Chinese subsidiaries, while investing in the insurtech business.

Achieved NASDAQ uplisting in December 2021.

Surpassed $5.0 million in shareholders equity.

Expanded Top up business in collaboration with telecom partners.

Chinese subsidiaries maintained profitability.

Total Revenue
$5.64M
Previous year: $5.44M
+3.8%
EPS
-$0.04
Previous year: -$0.06
-33.3%
Gen & Admin Expense Increase
24%
Marketing Costs Increase
76%
R&D Expenses Increase
67%
Gross Profit
$530K
Previous year: $473K
+12.1%
Cash and Equivalents
$462K
Previous year: $851K
-45.7%
Free Cash Flow
-$726K
Previous year: -$52.7K
+1277.6%
Total Assets
$10.4M
Previous year: $7.34M
+41.2%

Fingermotion

Fingermotion