NASDAQ$FNGR

Fingermotion Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Revenue increased due to growth in telecommunications and SMS services.

FingerMotion reported an 81% increase in revenue for Q3 2021 compared to the same period last year. The company's growth is tied to the increase in prepaid deposits held in trust at the Company’s telecommunications partners.

  • Q3 revenues increased 81% compared to the same period last year.
  • Revenue growth is projected to exceed US$19.5 million for fiscal 2021.
  • Growth is tied to the increase in prepaid deposits held in trust at telecommunications partners.
  • The SMS & MMS business is strengthening, and other business arms are evolving.

Headline financials

Total Revenue

$4.88M

Previous: $2.69M+81.3%
EPS (adj)

-$0.02

Previous: -$0.02+0.0%
Capital Expenditures

-$103K

Previous: -$16.3K-529.5%
Free Cash Flow

-$4.24M

Previous: -$1.6M-165.2%
Net Income

-$708K

Previous: -$497K-42.6%
Operating Income

-$681K

Previous: -$565K-20.7%
Gross Profit

$621K

Previous: $437K+41.9%
Cash & Equivalents

$989K

Previous: $643K+53.7%
Total Assets

$9.42M

Previous: $6.41M+46.8%
Stock-Based Comp

$201K

Previous: $156K+29.1%

Revenue & EPS history

Fingermotion · Revenue · Quarterly

$4.88M

Q3 2021+81.3%vs Q3 2020

Forward guidance

FingerMotion projects revenue growth to exceed US$19.5 million for fiscal year 2021. The company anticipates continued sequential quarterly sales growth.

Tailwinds

  • Revenue growth is projected to exceed US$19.5 million for fiscal 2021.
  • SMS & MMS business is strengthening.
  • Big Data Insights and RCS platform are evolving from R&D to beta test phase.
  • New hires at the corporate and operations level.
  • Company endeavors for transparency have led to OTCQX upgrade.

Headwinds

  • Forward-looking statements involve risks and uncertainties.
  • Future results may differ materially from those discussed or implied in forward-looking statements.
  • Reliance on forward-looking statements should be avoided.
  • International, national and local general economic and market conditions.
  • Competition and changes in the Chinese telecommunications market.

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 Q3 2021

Historical avgQ3 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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