FingerMotion (FNGR) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended November 30, 2025, was $22.9M, down 10% year-over-year, and Q3 2026 revenue was $5.80M, down 32% year-over-year, reflecting lower transaction volumes and a strategic shift toward diversification and capital discipline.

• Net loss attributable to stockholders increased 4% year-over-year to $5.2M for the nine months, and Q3 net loss was $1.67M, a 0.6% increase year-over-year.

• Working capital improved to $7.26M, but cash reserves declined to $24K, highlighting ongoing liquidity constraints.

• Focus shifted from Telecommunications Products & Services to Command and Communication segment due to capital constraints.

• The company continues to depend on China Unicom and China Mobile for the majority of its revenue.

Financial highlights

• Gross profit for the nine months was $454K, down 68% year-over-year, and Q3 gross profit was $263,103, a 41% decrease year-over-year.

• Operating expenses decreased 12% to $5.6M for the nine months and fell 4.5% to $1.96M in Q3.

• Credit impairment loss rose to $580K, reflecting increased assessment of customer credit risk.

• Basic and diluted loss per share remained at $(0.09) for the nine months and $0.03 for Q3.

Outlook and guidance

• Management expects continued working capital constraints to limit transaction volumes and growth in the near term.

• Plans to seek additional financing to support operations and potential expansion, but no assurance of success.

• Management is optimistic about future growth, emphasizing operational efficiency, strategic acquisitions, and scaling innovations.

• Ongoing focus on expanding DaGe and Command & Communication platforms, with further geographic and product line expansion planned.