NewsRoom Articles - Page 4 of 14

WednesdayAug 03, 2022 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Maintaining Upward Pressure on Gross Margins Despite Slow Start to the 2023 Financial Year

In June of this year, FingerMotion posted a 37% YOY revenue growth for its total annual revenue for 2022 In the just-released Q1 2023 financial results, the company posted $4.86 million in revenue, a drop from $6 million in Q1 2022, revealing lingering lockdown effects Despite the recent lockdown related financial pressures, Mr. Shen has expressed confidence that, as China returns to pre-pandemic levels, growth will rebound Mr. Shen, the company’s CEO, noted that going forward one of the critical FingerMotion initiatives would be to keep pushing gross margins higher Earlier in the year, FingerMotion (NASDAQ: FNGR), an evolving technology…

MondayAug 01, 2022 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Partners to Facilitate Innovation with Launch of Mobile Device Protection Products

FingerMotion is an evolving technology company that aims to improve people’s lifestyles through technology and innovative products and services The company recently launched mobile device protection products in partnership with a Fortune 500 insurance company and major Chinese telcos The products will offer three tiers of protection: accidental damage to screens, mechanical breakdown, and trade-in solutions FingerMotion has taken a strategic approach to launching the products as it targets a burgeoning market set to be valued at about $12.2 billion by 2028 Evolving technology company FingerMotion (NASDAQ: FNGR) recently demonstrated the flexibility of its business model that affords it even…

MondayJul 18, 2022 12:00 pm

FingerMotion Inc. (NASDAQ: FNGR) CEO Sees Optimism in Company’s Revenue Growth, Plans for New Mobile Tech Services in China Market

FingerMotion, a U.S.-based communications technology services provider focused on the massive potential of China’s 1.4 billion mobile device user market, reported revenue growth of 37 percent YOY to $22.93 million in its most recent annual financial report Company CEO Martin Shen expressed “cautious optimism” that FingerMotion can maintain its momentum, in part because of a ready-to-launch mobile device protection plan similar to AppleCare that the company expects to be competitive in China Shen said he also expects the company’s nascent big data product to play a large role in revenue growth in coming years as other industries discover the value…

WednesdayJul 13, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Optimizing its Product Mix and Exploring New Opportunities in Huge and Growing Chinese Market

FingerMotion posted a 37% YOY revenue growth for the 2021 financial year The company’s Telecommunications Products and Services category posted the highest growth at 170% The company looks to build on this performance by capitalizing on the opportunities within China and, more specifically, the mobile payment and mobile recharge platform solutions market Its successful strategy is based upon pushing gross margins by offering new products and services and improving existing ones In June 2022, FingerMotion (NASDAQ: FNGR) released its financial results for the year ended February 28, 2022. Of note in the report was the 37% year-over-year (“YOY”) growth in…

FridayJul 08, 2022 10:30 am

US-based Telco Services Provider FingerMotion Inc. (NASDAQ: FNGR) Focuses on Huge China Mobile User Opportunity Amid Changes in Global Market

FingerMotion is a U.S.-based mobile communications technology services provider that is focused on the particular opportunities found in China’s world-leading population and enormous mobile user base The company has been building on collaborations with the nation’s largest telecommunications businesses, as shown by its recent work with state-owned China Mobile to build mobile services in the Fujian province FingerMotion has also been directing its big data operations through its Sapientus division to supply reinsurance agencies with tools to measure consumer risks while China’s credit and insurance risk standards are still in a nascent stage The company’s annual financial data reported in…

WednesdayJul 06, 2022 9:45 am

Mobile Tech Services Provider FingerMotion Inc. (NASDAQ: FNGR) Strengthening Revenues With China’s Expanding User Base

U.S.-based mobile communications technology services provider FingerMotion is a China-focused innovator building revenues in the cell phone and reinsurance markets China recently reinforced its interest in seeing mobile payments and financial technology platforms playing a larger part in its developing economic strategy for strengthening its internal domestic consumerism FingerMotion recently reported annual financial data that showed revenue had grown by 37 percent during last year with 297 percent growth in its big data revenue and 170 percent growth in telecommunications products and services China has an estimated 1.4 billion mobile users, and market analysts predict mobile engagement there will grow…

FridayJun 24, 2022 9:45 am

Conference Presentation Shows Growth of FingerMotion Inc.’s (NASDAQ: FNGR) Telcom Tech Service Operations, Revenues

FingerMotion is a U.S.-based communications technology business focused on serving the enormous cell phone and reinsurance markets in China Company CEO Martin Shen recently reported on the growing operations of FingerMotion and the increase in annual revenues when he appeared at LD Micro’s annual investor-centric conference in California Shen noted that FingerMotion’s ultimate goal is to improve people’s lifestyles by using technology and data analysis to boost understanding, and creating new products that further develop that goal The company is expanding on its SMS, MMS and top-up revenue channels by developing RCS services and a device protection plan operation for…

WednesdayJun 22, 2022 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Posts a 37% YOY Revenue Growth for the 2022 Financial Year; Seeks to Keep Pushing Gross Margins Higher in the Current Fiscal Year

FingerMotion just announced a 37% annual revenue growth from $6.24 million in 2021 to $22.93 million for the 2022 financial year Big Data posted the most significant growth at 297%, followed by Telecommunications Products & Services at 170% and SMS & MMS at 5% The company looks to keep pushing gross margins higher by leveraging the optimization of its product offerings FingerMotion (NASDAQ: FNGR) just released its financial results for the year ended February 28, 2022, which was an incredible year for the company. Annual revenue rose from $6.24 million in 2021 to $22.93 million in 2022, representing a 37%…

MondayJan 31, 2022 2:10 pm

FingerMotion Inc. (NASDAQ: FNGR) Marks a 21% Year-Over-Year Growth in Revenue for Q3 2022; Anticipates Significant Growth in the Next Fiscal year

FingerMotion attributed its strong finish for Q3 2022 to strategic investments and collaborations with key players in the industry It hopes to carry on this performance trend into the next fiscal year, tapping into the investments and collaborations made so far The company also plans to capitalize on the insurtech sector while also forming new brands designed to offer mobile device protection for the Chinese market FingerMotion (NASDAQ: FNGR), recently released its financial results for the third quarter of the 2022 financial year (“Q3 2021”), posting a 21% growth in revenue from the same period in 2020. Martin Shen, the…

FridayJan 21, 2022 9:37 am

FingerMotion Inc. (NASDAQ: FNGR) Q3 Financial Report Notes Record Profit Growth, Ongoing Efforts to Build SMS, Big Data Services

U.S.-based communications technology brand FingerMotion is building its profits as it focuses on services for China’s world-leading, mobile-connected population FingerMotion recently reported its financial statement for the Q3 quarter ending Nov. 30, noting gross profits at a record $967,075 The profits report was 56 percent higher than the same period during the previous year, driven primarily by the company’s Telecommunications Products and Services business FingerMotion’s Telecommunications Products and Services revenues grew 580 percent YOY despite a slowing trend for SMS services as the company shifted resources to the company’s collaboration with China Mobile in the country’s Fujian province for 5G-related…

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