NASDAQ$FNGR
Fingermotion Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Launched mobile device protection product in China.
FingerMotion launched mobile device protection products in China via its subsidiary TengLian, distributing them through Chinese carriers as value-added features to their plans, starting with Henan province.
- Launched mobile device protection products in China through subsidiary TengLian.
- Distribution via Chinese carriers as embedded features in device, voice, and data plans.
- Initial launch in Henan province with 90 million mobile subscribers.
- Aims to redefine the market with next-generation protection offerings, including accidental damage, mechanical breakdown, and trade-in solutions.
Headline financials
Revenue & EPS history
Fingermotion · Revenue · Quarterly
$4.86M
Forward guidance
Telcos anticipate strong demand for new smartphones as customers transition to 5G, potentially leading to transformative revenue and profitability for FingerMotion, possibly surpassing existing core business segments.
Tailwinds
- Robust demand for new smartphones expected due to 5G transition.
- Device protection programs could significantly boost revenues.
- Profitability is expected to increase.
- Potential to eclipse the success of existing core business segments.
- Device protection insurance business is not subject to Chinese regulatory scrutiny.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
-0.2%
Avg return
Earnings day
-1.6%
Avg return
5 days after
-5.9%
Avg return
30 days after
39%
14 / 36 earnings
Positive
+30.4%
Q3 2020
Best reaction
-18.7%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -2.1% | +13.4% | — | |
| Q3 2026 | +5.2% | -6.0% | -2.6% | |
| Q2 2026 | +0.6% | -11.6% | -26.7% | |
| Q1 2026 | -5.7% | -10.9% | -18.9% | |
| Q4 2025 | +0.0% | -17.2% | -32.8% | |
| Q3 2025 | +6.2% | +4.4% | +3.5% | |
| Q2 2025 | -4.2% | -12.4% | -8.2% | |
| Q1 2025 | -18.7% | -19.5% | -18.1% | |
| Q4 2024 | +0.3% | -5.8% | -18.5% | |
| Q3 2024 | -13.3% | -15.1% | -14.9% | |
| Q2 2024 | -1.4% | -4.7% | -25.8% | |
| Q1 2024 | -9.5% | -26.4% | -9.3% | |
| Q4 2023 | +7.9% | -4.0% | +92.1% | |
| Q3 2023 | -10.4% | -6.9% | -30.3% | |
| Q2 2023 | +18.0% | +43.5% | +4.1% | |
| Q1 2023 | -12.1% | -17.0% | -27.7% | |
| Q4 2022 | -1.3% | -1.9% | -12.3% | |
| Q3 2022 | -1.8% | -2.0% | -44.1% | |
| Q2 2022 | +6.1% | +17.1% | +18.2% | |
| Q1 2022 | -6.0% | -5.6% | -12.5% | |
| Q4 2021 | -6.0% | -2.1% | -7.6% | |
| Q3 2021 | +9.1% | +3.0% | +11.4% | |
| Q2 2021 | +1.2% | +4.4% | -16.4% | |
| Q1 2021 | +1.7% | -1.2% | -6.4% | |
| Q4 2020 | -1.3% | +0.0% | -32.0% | |
| Q3 2020 | +30.4% | +29.0% | +23.2% | |
| Q2 2020 | -6.7% | -14.4% | -48.0% | |
| Q4 2019 | +2.4% | +4.9% | +65.9% | |
| Q1 2020 | +2.4% | +4.9% | +65.9% | |
| Q3 2019 | +0.0% | +0.0% | -9.3% | |
| Q2 2019 | +0.0% | +0.0% | -0.3% | |
| Q1 2019 | +0.0% | +0.0% | -0.3% | |
| Q4 2018 | +0.0% | +0.0% | -5.2% | |
| Q3 2018 | +0.0% | +0.0% | -29.2% | |
| Q2 2018 | +0.0% | +0.0% | -29.2% | |
| Q1 2018 | +2.2% | +2.2% | -5.6% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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