FingerMotion, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2023
January 16, 2024 at 06:02 am EST
Share
FingerMotion, Inc. reported earnings results for the third quarter and nine months ended November 30, 2023. For the third quarter, the company reported sales was USD 6.14 million compared to USD 11.4 million a year ago. Net loss was USD 1.94 million compared to USD 2.52 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.06 a year ago.
For the nine months, sales was USD 27.59 million compared to USD 21.24 million a year ago. Net loss was USD 3.34 million compared to USD 5.5 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.13 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.