NASDAQ$FNGR

Fingermotion Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported strong profitability driven by revenue growth and strategic collaborations.

FingerMotion reported a strong Q3 2022 with a record gross profit of $967,075 and revenue of $5.9 million. The company focused on telecom collaborations and is developing new insurtech brands for future revenue streams.

  • Achieved a record gross profit of $967,075.
  • Revenue reached $5.9 million, driven by the top-up business.
  • Expanded collaboration with China Mobile in the Fujian province.
  • Continued discussions with Pacific Life Re regarding big data opportunities.

Headline financials

Total Revenue

$5.9M

Previous: $4.88M+20.9%
EPS (adj)

-$0.02

Previous: -$0.02+0.0%
Capital Expenditures

-$13.8K

Previous: -$103K+86.6%
Free Cash Flow

-$5.14M

Previous: -$4.24M-21.3%
Net Income

-$1.04M

Previous: -$708K-46.4%
Operating Income

-$1.06M

Previous: -$681K-56.1%
Gross Profit

$967K

Previous: $621K+55.8%
Cash & Equivalents

$1.12M

Previous: $989K+12.9%
Total Assets

$9.95M

Previous: $9.42M+5.6%
Stock-Based Comp

$96.9K

Previous: $201K-51.8%

Revenue & EPS history

Fingermotion · Revenue · Quarterly

$5.9M

Q3 2022+20.9%vs Q3 2021
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

FingerMotion anticipates continued gross margin growth and increased revenue as the insurtech business develops. New mobile device protection brands are undergoing beta testing and are expected to contribute significantly to revenue in the next fiscal year.

Tailwinds

  • Continued growth in gross margins expected.
  • Revenue anticipated to ramp up as insurtech business unfolds.
  • New mobile device protection brands could represent a significant revenue stream.
  • Beta testing underway for new brands.
  • Focus on expanding user base and engagement.

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 2022

Historical avgQ3 2022

-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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