Revenue growth has turned sharply negative, with a 32.23% year-over-year contraction in 2026Q3 and gross margins compressing to a razor-thin 2.2%.
| Revenue | 24.13M | 35.61M | 35.79M | 34.05M | 22.93M | 16.68M | 9.13M | 1.47M | 453.54K | 14.05K | 14.56K | 14.26K | 1.18K |
| Revenue Growth % | -32.23% | -0.51% | 5.1% | 48.53% | 37.43% | 82.71% | 519.9% | 224.78% | 3127.15% | -3.46% | 2.1% | 1113.53% | - |
| Cost of Revenue | 23.44M | 32.84M | 31.93M | 31.74M | 20.11M | 15.04M | 8.17M | 1.22M | 434.72K | 6.32K | 6.55K | 6.91K | 529 |
| Gross Profit | 693.85K | 2.76M | 3.86M | 2.32M | 2.81M | 1.65M | 965.76K | 255.86K | 18.83K | 7.73K | 8.01K | 7.35K | 646 |
| Gross Margin % | 2.88% | 7.76% | 10.79% | 6.81% | 12.27% | 9.87% | 10.58% | 17.37% | 4.15% | 55.03% | 55% | 51.57% | 54.98% |
| Gross Profit Growth % | -74.89% | -28.43% | 66.56% | -17.61% | 70.9% | 70.51% | 277.46% | 1259.06% | 143.42% | -3.41% | 8.89% | 1038.24% | - |
| Operating Expenses | 7.63M | 8.71M | 7.68M | 8.98M | 7.68M | 5.83M | 4.03M | 2.82M | 1.77M | 21.07K | 20.8K | 83.12K | 15.35K |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -7.29M | -5.79M | -3.75M | -6.6M | -4.81M | -4.16M | -3.06M | -2.48M | -1.63M | 159.46K | 10.03K | -75.77K | -14.7K |
| EBITDA Margin % | -30.21% | -16.27% | -10.47% | -19.39% | -20.98% | -24.92% | -33.5% | -168.19% | -360.46% | 1134.6% | 68.87% | -531.37% | -1251.4% |
| EBITDA Growth % | -25.87% | -54.6% | 43.26% | -37.29% | -15.69% | -35.89% | -23.47% | -51.55% | -1125.26% | 1490.42% | 113.23% | -415.29% | - |
| Depreciation & Amortization | -351.2K | 156.5K | 70.91K | 63.1K | 57.89K | 27.05K | 6.92K | 87.16K | 114.73K | 172.79K | 22.82K | 0 | 0 |
| D&A / Revenue % | -1.46% | 0.44% | 0.2% | 0.19% | 0.25% | 0.16% | 0.08% | 5.92% | 25.3% | 1229.49% | 156.72% | 0% | 0% |
| Operating Income (EBIT) | -6.94M | -5.95M | -3.82M | -6.67M | -4.87M | -4.18M | -3.07M | -2.56M | -1.75M | -13.34K | -12.79K | -75.77K | -14.7K |
| Operating Margin % | -28.76% | -16.71% | -10.67% | -19.57% | -21.23% | -25.08% | -33.58% | -174.11% | -385.76% | -94.89% | -87.86% | -531.37% | -1251.4% |
| Operating Income Growth % | -16.66% | -55.83% | 42.73% | -36.96% | -16.33% | -36.47% | -19.55% | -46.59% | -13019.14% | -4.27% | 83.12% | -415.29% | - |
| Interest Expense | -146.24K | 164.06K | 121.45K | 566.08K | 170.14K | 273.59K | 24.26K | 32.54K | 274 | 413 | 343 | 264 | 37 |
| Interest Coverage | -47.46x | -35.50x | -30.39x | -12.11x | -28.04x | -15.00x | -122.66x | -88.52x | -6389.95x | -32.29x | -37.29x | -287.00x | -397.41x |
| Interest / Revenue % | -0.61% | 0.46% | 0.34% | 1.66% | 0.74% | 1.64% | 0.27% | 2.21% | 0.06% | 2.94% | 2.36% | 1.85% | 3.15% |
| Non-Operating Income | -101.3K | -39.46K | 5.67K | -872.77K | -73.31K | -193.94K | 65.95K | -348.15K | -1.55K | -413 | -343 | -264 | -37 |
| Pretax Income | -7.04M | -5.99M | -3.81M | -7.54M | -4.94M | -4.38M | -3M | -2.91M | -1.75M | -13.75K | -13.13K | -76.03K | -14.74K |
| Pretax Margin % | -29.18% | -16.82% | -10.65% | -22.14% | -21.55% | -26.24% | -32.86% | -197.75% | -386.1% | -97.83% | -90.21% | -533.22% | -1254.55% |
| Income Tax | 0 | -879.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 14.68% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -7M | -5.11M | -3.76M | -7.54M | -4.94M | -4.38M | -3M | -2.91M | -1.75M | -158.39K | -13.13K | -76.03K | -14.74K |
| Net Margin % | -29% | -14.36% | -10.5% | -22.14% | -21.56% | -26.27% | -32.9% | -197.75% | -386.1% | -1127.03% | -90.21% | -533.22% | -1254.55% |
| Net Income Growth % | -36.87% | -36.07% | 50.16% | -52.51% | -12.81% | -45.85% | -3.14% | -66.34% | -1005.55% | -1106.07% | 82.73% | -415.79% | - |
| EPS (Diluted) | -0.12 | -0.10 | -0.07 | -0.17 | -0.12 | -0.14 | -0.12 | -0.12 | -0.15 | -0.01 | -0.01 | -0.03 | -0.01 |
| EPS Growth % | -25.13% | -33.19% | 57.65% | -41.67% | 14.29% | -16.67% | 0% | 20% | - | - | 83.91% | - | - |
| EPS (Basic) | -0.12 | -0.10 | -0.07 | -0.17 | -0.12 | -0.14 | -0.12 | -0.12 | -0.10 | -0.01 | -0.01 | -0.03 | -0.01 |
| Diluted Shares Outstanding | 59.6M | 53.33M | 52.17M | 44.01M | 40.84M | 33.7M | 25.85M | 24.76M | 17.43M | 2.58M | 2.55M | 2.4M | 2.25M |
Liquidity and regulatory concentration
As reported in recent financial filings, FingerMotion experienced a severe 32.23% year-over-year revenue contraction in 2026Q3, highlighting a significant erosion of its core telecommunications services volume and raising questions regarding the long-term sustainability of its current high-volume, low-margin business model within the Chinese market.
The sharp decline in top-line performance suggests that the company's reliance on transactional mobile top-ups is highly susceptible to shifts in enterprise marketing budgets and carrier pricing. Investors should monitor whether this trend reflects a permanent loss of market share or a strategic pivot away from commoditized services that fail to generate meaningful scale.
Based on the company's latest income statement data, gross margins have compressed to a razor-thin 2.2% in 2026Q3, indicating that FingerMotion possesses virtually no pricing power and remains entirely beholden to the wholesale cost structures imposed by China's state-owned telecommunications operators.
This minimal margin profile leaves the company with almost no buffer to absorb operational volatility or unexpected increases in input costs. The inability to expand margins suggests that the current business model functions more as a pass-through utility rather than a value-added technology platform.
According to historical income statement trends, FingerMotion continues to report negative operating margins, with 2026Q3 figures showing an operating loss of $1.7 million, demonstrating that the company has failed to achieve the necessary operating leverage to cover its fixed administrative and development expenses.
The persistent gap between gross profit and operating expenses suggests that the company's cost structure is not scaling efficiently with revenue. Without a significant shift in the revenue mix toward higher-margin data analytics, the current trajectory implies a continued reliance on external financing to sustain operations.
As indicated by the most recent balance sheet data, the company's cash position of approximately $68,596 against significant quarterly operating losses suggests a critical liquidity shortfall that warrants immediate investigation into the firm's ability to maintain ongoing operations without further dilutive capital raises.
The disconnect between the company's reported revenue scale and its negligible cash reserves creates a high-risk environment for shareholders. Short-term survival appears to depend heavily on the timing of cash collections and the potential for emergency financing, which may further dilute existing equity holders.
Quick answers to the most common questions about buying FNGR stock.
For fiscal year 2026, FingerMotion, Inc. (FNGR) reported total revenue of $24.1M. This represents a 2053709.4% increase compared to $0.0M in 2014.
FingerMotion, Inc. (FNGR) reported a net loss of $7.0M for the fiscal year ending 2026.
FingerMotion, Inc. (FNGR) reported an operating income of $-6.9M, resulting in an operating profit margin of -28.8%. This margin reflects the operational efficiency of the business before interest and taxes.
FingerMotion, Inc. (FNGR) generated $0.7M in gross profit for the year, representing a gross profit margin of 2.9%. This demonstrates the company's core pricing power and production efficiency.