Fingermotion Q4 2024 Earnings Report

Reported FY 2024 financial results, highlighting strong revenue growth and a transition towards higher margin endeavors.

Key Takeaways

FingerMotion reported strong revenue growth for FY 2024, driven by its Telecom Products and Services business. The company focused on product diversification and margin building initiatives, successfully eradicating debt. It is investing in future growth through insuretec partnerships and the launch of cloud-based services and a lifestyle app.

Experienced strong revenue growth year over year.

Transitioned toward higher margin endeavors and product diversification.

Increased gross profit from Telecom Products and Services business.

Successfully eradicated debt.

Total Revenue

$8.2M

Previous year: $12.8M

-36.0%

EPS

-$0.01

Previous year: -$0.04

-75.0%