10-Q · July 15, 2026
FingerMotion, Inc. (FNGR) reported a significant decline in revenue for Q4 FY 2026, with total revenue dropping 92% year-over-year to $650,089 and a diluted EPS loss of -$0.03, consistent with expectations. The company…
Earnings analysis · 10-Q
FNGR earnings analysis
Filed October 15, 2026 · Our reading of the company's report
The latest report
FingerMotion’s quarterly results deteriorated materially: revenue fell 97% year over year to $281,076, EPS was a loss of $0.08, and the company generated an operating loss of approximately $5,529,432. Gross margin…
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FingerMotion’s quarterly results deteriorated materially: revenue fell 97% year over year to $281,076, EPS was a loss of $0.08, and the company generated an operating loss of approximately $5,529,432. Gross margin improved to approximately 49% because of mix, but the improvement was overwhelmed by a $3,980,797 credit impairment charge and $5,665,947 of operating expenses. Cash improved through $5,600,000 of financing inflows, while working capital fell to $1,827,367 from $6,093,153. The Alberta AI/HPC strategy provides potential upside but remains pre-revenue and subject to significant permitting, financing, construction, gas-supply, and customer-offtake risks.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.08
What stood out
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Revenue collapsed on lower transaction volume
Revenue declined 97% year over year to $281,076 from $8,647,511, primarily because telecommunications transaction volume fell with constrained available working capital.
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Gross margin improved sharply
Gross profit increased 252% to $136,515, and gross margin improved to approximately 49% from approximately 0.45%, driven by a more favorable revenue mix.
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Newer platforms posted growth
Marketplace revenue increased 286% year over year to $26,628 from $6,898, while Advanced Technology revenue rose 38% to $809 from $585; both remain small contributors.
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Financing rebuilt cash reserves
Cash and cash equivalents increased to $2,135,825 from $68,596 at February 28, 2026, supported by convertible-note financing proceeds of $5,600,000 during the six months.
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Management advanced AI infrastructure plan
Management reported approximately $8,300,000 of aggregate financing since August 1, 2026, binding letters of intent for 12.9 MW of data-center power, and potential tenant offtake indications totaling 52.5 MW.
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Convertible debt conversion reduced liabilities
The company converted approximately $2,100,000 of note principal into approximately 12,200,000 common shares during the quarter, reducing debt but increasing potential dilution.
What to watch
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Alberta strategy remains pre-revenue
The Alberta data-center initiative has no operating revenue and has not energized a commercial 9.9 MW site as of the filing date. The company also has not executed binding long-term offtake for the planned ten-site program.
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Receivable recoverability deteriorated
The company recorded a $3,980,797 quarterly credit impairment loss, compared with a $71,198 credit impairment benefit in the prior-year period, reflecting higher expected losses on trade receivables.
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Material weakness remains unresolved
Disclosure controls and internal control over financial reporting were ineffective as of August 31, 2026 because of a material weakness involving limited segregation of duties and oversight; management stated testing and validation of remediation controls had not yet commenced.
Management's outlook
No numeric revenue or EPS guidance was provided. Management disclosed operational targets for the Alberta data-center program: permitting ten 9.9 MW sites by the end of the first quarter of 2027, potential first energization as early as late fourth quarter 2026, and data-hall turnover approximately 18 months after permit award.
Earlier filings 4
10-K · May 29, 2026
FingerMotion, Inc. reported revenue of $24.13 million for the year ended February 28, 2026, reflecting a sharp decline of 32% from $35.61 million in the previous year, primarily due to a drop in its core…
10-K · May 29, 2025
FingerMotion reports continued diversification from its core telecommunications and messaging business into smart mobility (launched the C2 Platform) and expansion of the DaGe mobility marketplace during the reporting…
10-Q · October 15, 2024
FingerMotion reported revenue of $8,458,763 for the three months ended August 31, 2024 (down from $9,279,166 a year earlier), with gross profit collapsing to $301,028 (3.6% gross margin) and an operating loss of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.