NASDAQ$FNGR

Fingermotion Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Achieved over $10 million in revenue despite challenges from Chinese lockdowns.

FingerMotion reported its Q1 2024 financial results, exceeding $10 million in revenue despite the impact of Chinese lockdowns. The company focused on its top-up business during the quarter and anticipates revenue growth and margin rebound as China reopens. The company is also optimistic about growth in its Big Data division.

  • The company exceeded $10 million in revenue for the quarter.
  • Chinese lockdowns impacted the company's revenue mix.
  • The company focused on the top-up business during the lockdown.
  • The company anticipates an upward trend in revenue growth and a rebound in its margins as China reopens.

Headline financials

Total Revenue

$12.2M

Previous: $4.86M+150.6%
EPS (adj)

-$0.02

Previous: -$0.03+33.3%
Capital Expenditures

-$380.00

No prior period
Free Cash Flow

-$2.58M

No prior period
Net Income

-$1.27M

Previous: -$1.44M+12.4%
Operating Income

-$1.18M

Previous: -$1.44M+17.8%
Gross Profit

$663K

Previous: $377K+75.7%
Cash & Equivalents

$5.42M

Previous: $806K+573.4%
Total Assets

$14.6M

Previous: $9.21M+58.6%
Stock-Based Comp

$366K

Previous: $379K-3.6%

Revenue & EPS history

Fingermotion · Revenue · Quarterly

$12.2M

Q1 2024+150.6%vs Q1 2023
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

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 2024

Historical avgQ1 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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