NASDAQ$FNGR

Fingermotion Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Experienced improved margins despite managing a more diversified product line.

FingerMotion reported its Q2 2024 financial results, demonstrating progress towards profitability. The company is actively managing its resources, with a highlight being the progress towards break-even.

  • The Company experienced improved margins in the quarter.
  • The Company is making excellent progress toward their goal of profitability.
  • The Company is making progress towards break even.
  • Research and development expenses dropped due to savings from data access fees charged by the telecom companies.

Headline financials

Total Revenue

$9.28M

Previous: $4.98M+86.2%
EPS (adj)

-$0.00

Previous: -$0.04+93.6%
Capital Expenditures

-$372.00

Previous: -$4.12K+91.0%
Free Cash Flow

-$4.87M

Previous: -$3.79M-28.6%
Net Income

-$134K

Previous: -$1.54M+91.3%
Operating Income

-$200K

Previous: -$1.49M+86.6%
Gross Profit

$1.84M

Previous: $418K+340.8%
Cash & Equivalents

$4.04M

Previous: $1.98M+103.7%
Total Assets

$20.3M

Previous: $10.5M+94.1%
Stock-Based Comp

$264K

Previous: $344K-23.2%

Revenue & EPS history

Fingermotion · Revenue · Quarterly

$9.28M

Q2 2024+86.2%vs Q2 2023
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

The company is making excellent progress toward their goal of profitability and trajectory towards positive earnings 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 2024

Historical avgQ2 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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