NASDAQ$FNGR

Fingermotion Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported increased revenues for the second quarter ended August 31, 2020.

FingerMotion reported a 77.5% increase in revenues compared to the same quarter in 2019. The company expects this revenue growth to continue throughout the fiscal year, targeting an annual revenue of over $16 million for fiscal year 2021.

  • Revenues increased by 77.5% compared to the same quarter in 2019.
  • Revenues for the six-month period ended August 31, 2020, increased by 114% compared to the same period in 2019.
  • SMS business has become a top revenue generator.
  • Company is investing in developing and marketing e-commerce platforms, expecting a return on investments by January 2021.

Headline financials

Total Revenue

$3.62M

Previous: $2.97M+21.8%
EPS (adj)

-$0.03

Previous: -$0.03+0.0%
Capital Expenditures

-$115K

Previous: -$11.3K-924.1%
Free Cash Flow

-$1.33M

Previous: -$1.73M+23.1%
Net Income

-$961K

Previous: -$767K-25.4%
Operating Income

-$895K

Previous: -$772K-15.9%
Gross Profit

$258K

Previous: $207K+25.0%
Cash & Equivalents

$420K

Previous: $553K-24.1%
Total Assets

$9.06M

Previous: $6.05M+49.8%
Stock-Based Comp

$50K

Previous: $256K-80.4%

Revenue & EPS history

Fingermotion · Revenue · Quarterly

$3.62M

Q2 2021+21.8%vs Q2 2020

Forward guidance

FingerMotion anticipates continued revenue growth throughout the fiscal year, aiming for over $16 million in annual revenue for fiscal year 2021.

Tailwinds

  • Expected continued revenue growth throughout the fiscal year.
  • Targeting an annual revenue of over $16 million for fiscal year 2021.
  • SMS business has become a top revenue generator.
  • Investments in e-commerce platforms expected to yield returns by January 2021.
  • Company anticipates further increasing growth quarter over quarter.

Headwinds

  • Forward-looking statements are subject to risks and uncertainties.
  • Actual future results may differ materially from expectations.
  • International, national, and local economic and market conditions could impact results.
  • Competition and changes in the Chinese telecommunications market pose risks.
  • Business disruptions, such as technological failures and cybersecurity breaches, could affect results.

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 Q2 2021

Historical avgQ2 2021

-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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