FingerMotion (FNGR) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was $8.46 million, up 1% year-over-year, driven by growth in DaGe Platform, Command & Communication, and Big Data, offset by a slight decline in Telecommunication Products & Services.

• Net loss attributable to shareholders increased 21% year-over-year to $2.01 million, primarily due to lower gross profit margins and higher credit impairment losses.

• Gross profit declined 78% to $153,000, reflecting a lower margin product mix and ramp-up costs in emerging business segments.

• CEO emphasized initial revenue from new platforms and a strategic focus on higher-margin, data-driven business lines for long-term growth.

• The company continues to expand its DaGe automotive services platform and Command & Communication business, with new strategic collaborations in emergency response and intelligent vehicle solutions.

Financial highlights

• Revenue: $8.46 million for Q1 FY2026, up from $8.37 million in Q1 FY2025.

• Gross profit: $153,000, down from $682,000 year-over-year.

• Net loss attributable to shareholders: $2.01 million, compared to $1.66 million in the prior year quarter.

• Basic and diluted loss per share: $(0.04), compared to $(0.03) year-over-year.

• Cash and cash equivalents: $2.86 million as of May 31, 2025, up from $1.13 million at February 28, 2025.

Outlook and guidance

• Management anticipates continued growth in DaGe and Command & Communication segments, with further geographic expansion and new partnerships expected to drive future revenue.

• Focus remains on building higher-margin, data-driven business lines and scaling operations for long-term growth.

• Additional capital will be required to support strategic initiatives and increased deposits with telecom partners.

• The company is focused on scaling emerging business lines and expects margin improvement as these segments mature.