The company's financial stability is increasingly compromised, as evidenced by total liabilities surging to $45.7 million against a deepening retained earnings deficit of $41.2 million.
| Total Assets | 60.85M | 48.82M | 18.45M | 17.55M | 10.37M | 7.34M | 5.88M | 4.44M | 439.84K | 2.99K | 2.15K | 1.03K | 8.7K |
| Asset Growth % | 24.63% | 164.67% | 5.12% | 69.26% | 41.21% | 24.92% | 32.43% | 908.94% | 14615.26% | 38.77% | 109.13% | -88.16% | - |
| PP&E (Net) | 19.2K | 149.84K | 59.44K | 208.21K | 31.88K | 75.77K | 28.01K | 10.61K | 1.59K | 0 | 0 | 0 | 0 |
| PP&E / Total Assets % | 0.03% | 0.31% | 0.32% | 1.19% | 0.31% | 1.03% | 0.48% | 0.24% | 0.36% | 0% | 0% | 0% | 0% |
| Total Current Assets | 51.77M | 42.04M | 18.36M | 17.27M | 10.21M | 7.1M | 5.85M | 4.43M | 352.83K | 73.73K | 73.73K | 1.03K | 8.7K |
| Cash & Equivalents | 68.6K | 1.13M | 1.52M | 9.24M | 461.93K | 850.72K | 102.92K | 1.34M | 10.55K | 1.32K | 2.15K | 1.03K | 2.45K |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 493.81K | 296.25K | 54.79K | 54.79K | 0 | 0 |
| Inventory | 258.16K | 136.02K | 0 | 0 | 1.41K | 1.4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 4.8M | 1.48M | 3.06M | 5.64M | 4.5M | 1.51M | 600.46K | 1.26M | 5.49K | 5.59K | 5.59K | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.03M | 9.76K | 30.46K | 73.07K | 125.93K | 161.21K | 0 | 0 | 85.42K | 0 | 0 | 0 | 0 |
| Other Assets | 28.37K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 45.7M | 35.16M | 6.75M | 4.57M | 5.28M | 5.23M | 6.17M | 3.85M | 542.48K | 54.39K | 39.81K | 40.55K | 22.54K |
| Total Debt | 586.84K | 1.26M | 4.8K | 3.39M | 5.07K | 1.71M | 2.42M | 436K | 50K | 27.5K | 27.5K | 17.5K | 22.54K |
| Net Debt | 518.24K | 132.4K | -1.51M | -5.85M | -456.86K | 856K | 2.32M | -901.25K | 39.45K | 26.18K | 25.35K | 16.47K | 20.09K |
| Long-Term Debt | 0 | 0 | 0 | 2.53M | 0 | 1.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Borrowings | 576.23K | 1.13M | 0 | 730K | 0 | 544.9K | 2.42M | 436K | 50K | 27.5K | 27.5K | 17.5K | 22.54K |
| Capital Lease Obligations | 10.6K | 126.79K | 4.8K | 127.89K | 5.07K | 52.51K | 6.67K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 45.68M | 35.13M | 6.75M | 2.04M | 5.28M | 4.11M | 6.17M | 3.85M | 492.48K | 54.39K | 39.81K | 40.55K | 22.54K |
| Accounts Payable | 34.41M | 24.56M | 5.15M | 27.37K | 3.59M | 2.47M | 2.7M | 1.24M | 107.08K | 131.58K | 12.31K | 23.05K | 0 |
| Accrued Expenses | 10.68M | 9.32M | 1.6M | 1.1M | 1.69M | 1.05M | 1.04M | 0 | 385.4K | 97.69K | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50K | -26.89K | 0 | -23.05K | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 60K | -5.07K | 0 | 0 | 2.18M | 0 | -27.5K | 0 | 0 | 0 |
| Deferred Taxes | 18K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 16.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 15.15M | 13.66M | 11.69M | 12.97M | 5.09M | 2.11M | -294.44K | 586.03K | -102.64K | -51.41K | -37.66K | -39.52K | -13.84K |
| Equity Growth % | 10.91% | 16.82% | -9.87% | 154.95% | 140.58% | 818.31% | -150.24% | 670.95% | -99.67% | -36.51% | 4.72% | -185.55% | - |
| Shareholders Equity | 15.15M | 13.65M | 11.69M | 12.96M | 5.08M | 2.11M | -298.62K | 586.03K | -102.64K | -157.19K | -37.66K | -39.52K | -13.84K |
| Minority Interest | -38.07K | 5.49K | 2.03K | 11.28K | 10.98K | 8.08K | 4.18K | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 6.13K | 5.71K | 5.25K | 4.94K | 4.26K | 3.89K | 2.58K | 2.48K | 1.74K | 1.03K | 1.03K | 1K | 900 |
| Additional Paid-in Capital | 56.45M | 48.78M | 41.53M | 38.04M | 22.09M | 14.17M | 7.52M | 5.41M | 1.66M | 0 | 0 | 50.25K | 0 |
| Retained Earnings | -41.19M | -34.19M | -29.07M | -24.69M | -17.15M | -12.21M | -7.83M | -4.82M | -1.91M | -117.66K | -103.91K | -90.77K | -14.74K |
| Accumulated OCI | -84.1K | -943.28K | -767.01K | -391.69K | 137.91K | 140.91K | 3.96K | -8.95K | 150K | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -12.76% | -15.2% | -20.88% | -54.02% | -55.83% | -66.3% | -58.26% | -119.44% | -790.88% | -6159.56% | -824.94% | -1563.48% | -169.51% |
| Return on Equity (ROE) | -48.58% | -40.34% | -30.47% | -83.49% | -137.26% | -481.4% | -2060.63% | -1205.18% | - | - | - | - | - |
| Debt / Equity | 0.04x | 0.09x | 0.00x | 0.26x | 0.00x | 0.81x | - | 0.74x | - | - | - | - | - |
| Debt / Assets | 0.96% | 2.58% | 0.03% | 19.33% | 0.05% | 23.25% | 41.24% | 9.82% | 11.37% | 920.04% | 1276.69% | 1699.03% | 259.17% |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.16x | 2.53x | - | - |
| Book Value per Share | 0.25 | 0.26 | 0.22 | 0.29 | 0.12 | 0.06 | -0.01 | 0.02 | -0.01 | -0.02 | -0.01 | -0.02 | -0.01 |
Critical liquidity and solvency
As reported in recent financial statements, FingerMotion's equity base has stagnated while total liabilities have surged to $45.7 million by 2026Q4, signaling a deteriorating balance sheet trajectory that reflects the company's ongoing inability to generate sustainable value from its core telecommunications services business model.
The expansion of liabilities relative to a stagnant equity base suggests that the company is increasingly reliant on external obligations to fund its operations. This trend indicates a weakening financial position that may limit the firm's strategic flexibility and increase its sensitivity to future capital market volatility.
Based on the 2026Q4 balance sheet, FingerMotion's cash reserves have plummeted to a precarious $68,596, representing a significant decline from the $1.9 million held in 2024Q3 and leaving the company with virtually no buffer against operational shocks or unforeseen working capital requirements.
The current ratio of 1.13, while technically above parity, masks a critical lack of liquid assets relative to the company's substantial liability profile. Investors should monitor this liquidity shortfall closely, as it suggests an urgent need for external financing to maintain basic operational continuity.
According to historical balance sheet data, FingerMotion's retained earnings have deepened to a deficit of $41.2 million as of 2026Q4, underscoring a persistent history of value destruction that continues to weigh heavily on the company's total equity position and overall financial health.
The consistent growth of the accumulated deficit highlights the structural challenges in achieving profitability within the competitive Chinese telecommunications reseller market. This trend suggests that the equity base is being eroded by ongoing operational losses rather than being bolstered by organic earnings growth.
Analysis of the 2026Q4 balance sheet reveals that the company's asset base is heavily skewed toward non-liquid items, with goodwill and other intangibles representing a notable portion of the $60.8 million in total assets, potentially overstating the firm's true net tangible asset value.
The reliance on intangible assets in a business model characterized by razor-thin margins and high revenue volatility warrants further investigation into potential impairment risks. If these assets fail to generate expected economic benefits, the company's already strained equity position could face significant downward pressure.
Quick answers to the most common questions about buying FNGR stock.
As of 2026, FingerMotion, Inc. (FNGR) had total assets of $60.8M including $51.8M in current assets.
FingerMotion, Inc. (FNGR) carries total debt of $0.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
FingerMotion, Inc. (FNGR) has total shareholders' equity (book value) of $15.1M ($0.25 book value per share). Book value represents the net worth of the company belonging to common stock holders.
FingerMotion, Inc. (FNGR) reported a current ratio of 1.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.