FingerMotion, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended August 31, 2022
October 17, 2022 at 01:02 pm EDT
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FingerMotion, Inc. reported earnings results for the second quarter and six months ended August 31, 2022. For the second quarter, the company reported sales was USD 4.98 million compared to USD 5.39 million a year ago. Net loss was USD 1.54 million compared to USD 1.46 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago.
For the six months, sales was USD 9.84 million compared to USD 11.38 million a year ago. Net loss was USD 2.98 million compared to USD 2.37 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.06 a year ago.
FingerMotion, Inc. (FingerMotio) is a mobile data specialist company. FingerMotio's business line includes Telecommunications Products and Services, Value Added Products and Services, Short Message Services (SMS) and Multimedia Messaging Services (MMS), Rich Communication Services (RCS) platform, Big Data Insights, and Video Games Division. The Telecommunication products and services offer payment and recharge services, data plans, subscription plans, mobile phones, loyalty points redemption and other products bundles. It provides mobile payment and recharge services to customers of China. The SMS and MMS services offer bulk SMS services to end consumers. The RCS platform is a messaging platform that enables businesses and brands to communicate and service to customers on the 5G infrastructure. The Company's Big Data Insights through its Sapientus platform delivers data-driven solutions and insights for businesses within the insurance, healthcare, and financial services industries.