Fingermotion Inc.

FingerMotion did $36 million in annual revenue and still posted a -16.7% operating margin, or about a $6.0 million operating loss.

If you own FNGR, you own a tiny China-facing telecom middleman that still loses money.

fngr

technology small cap updated mar 6, 2026
$1.11
market cap ~$86M · 52-week range $1–$5
xvary composite: 43 / 100 · below average
our overall rating — combines growth, value, risk, and momentum
Start here if you're new
what it is
It sells mobile recharge, messaging, and data services in China, while trying to build newer products around that traffic.
how it gets paid
Last year Fingermotion made $36M in revenue. Telecommunications Products and Services was the main engine at $30.8M, or 86% of sales.
why growth slowed
Revenue fell 0.5% last year. Revenue growth looked huge at 295% vs. prior year.
what just happened
Revenue jumped to $23M, but the business still lost money and gross margin stayed at 2.0%.
At a glance
C++ balance sheet — some cracks in the foundation
60/100 earnings predictability — reasonably predictable
-$0.09 fy2024 eps est
$36M fy2024 rev est
16.7% operating margin
xvary composite: 43/100 — below average
What they do
It sells mobile recharge, messaging, and data services in China, while trying to build newer products around that traffic.
The moat is not brand. It is carrier relationships and local operating plumbing in China. That setup supported $36 million of annual revenue with just 65 employees, which tells you the network matters more than the storefront. If those operator links hold, your revenue stream survives. If they slip, leaving is easy for customers and painful for shareholders.
technology microcap mobile-services china-exposure data-platform
How they make money
$36M annual revenue · their business grew -0.5% last year
Telecommunications Products and Services
$30.8M
SMS and MMS Services
$2.6M
Value Added Products and Services
$1.7M
Big Data Insights
$0.6M
Video Games Division
$0.3M
The products that matter
mobile payment and recharge
Telecommunications Products & Services
$5.76M last quarter · 98.1% of segment revenue shown
It generated $5.76M last quarter, but that was down 32% from a year ago. This is still the cash source, which is awkward when the cash source is shrinking.
core
data analytics platform
Command and Communication
$109,241 last quarter · 1.9% of segment revenue shown
It contributed $109,241 in revenue last quarter after effectively starting from zero. The story is growth optionality. The number, for now, is still rounding error.
pivot bet
Key numbers
2.0%
gross margin
Gross margin → money left after direct costs → so what: on $36M of sales, only about $0.72M remains before the company even pays overhead.
16.7%
operating margin
Operating margin → money left after running the business → so what: on $36M of revenue, the company is losing about $6.0M a year from operations.
-$0.09
FY2025 EPS
EPS → profit per share → so what: after another full year, each share still represented a $0.09 loss instead of earnings.
$36M
annual revenue
The company is not pre-revenue. The problem is that $36M of sales still did not produce a profitable business.
Financial health
C++
strength
  • balance sheet grade C++ — below average — limited financial resources
  • risk rank 3 — safer than 50% of stocks
  • price stability 5 / 100
C++ — below average. watch for debt servicing and cash burn.
Total return vs. market

Return history isn't available for FNGR right now.

source: institutional data · return history unavailable
What just happened
missed estimates
Revenue jumped to $23M, but the business still lost money and gross margin stayed at 2.0%.
Revenue growth looked huge at 295% vs. prior year. The quiet part is louder: a 2.0% gross margin means almost all of that revenue passed straight through.
$9M
revenue
-$0.09
eps
2.0%
gross margin
the number that mattered
The number that mattered was 2.0% gross margin, because rapid revenue growth does not help much when almost none of each dollar sticks.
source: company earnings report, 2026

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What could go wrong

The #1 risk here is the telecom recharge business shrinking faster than Command and Communication can replace it. That is a FNGR-specific problem, not a generic small-cap disclaimer.

med
Core telecom keeps falling
Telecom Products & Services generated $5.76M last quarter, down 32% from a year ago. That segment still represents 98.1% of the revenue mix shown here.
If the legacy business keeps shrinking at that pace, the company loses the cash source funding everything else.
med
The pivot stays too small to matter
Command and Communication produced $109,241 last quarter. Elsewhere in this snapshot, prior-quarter disclosure is just $585. Those are proof-of-concept numbers, not proof-of-scale numbers.
A business this small cannot offset a multi-million-dollar decline in telecom revenue. Not yet.
med
Cash burn meets thin cushion
FNGR lost $1.67M last quarter and reported $7.26M in working capital. Working capital is the near-term balance sheet buffer. The math is not subtle.
A few more quarters like this can turn strategy into financing risk.
med
Cross-border China exposure
FNGR operates in China and is listed in the U.S. That adds regulatory and market-access risk on top of ordinary execution risk.
If rules change on either side, the entire operating setup can get harder at once.
A quarterly net loss of $1.67M against $7.26M of working capital, a 2.0% gross margin, and a core segment down 32% leaves very little room for this pivot to stay theoretical.
source: institutional data · regulatory filings · risk analysis
Pay attention to
the number that matters
Command and Communication revenue above the current $109,241 base
This is the easiest scoreboard on the page. If the new segment cannot keep growing from here, the pivot story starts sounding decorative.
trend
Whether telecom declines narrow from -32%
You do not need telecom to become a growth engine. You do need it to stop melting fast enough that every new initiative gets erased by the core business.
calendar
Q4 2026 earnings
This is the next real proof point. Watch the revenue split, margin, and whether the quarterly loss stays near $1.67M or improves.
risk
Non-binding deals turning into actual revenue
The Feb. 17 platform MOU and Dec. 15 term sheet matter only if they convert into signed business and visible dollars. Until then, they are intentions.
Analyst rankings
earnings predictability
60 / 100
This sits in the middle. In human-speak, you should expect uneven reporting because the business mix is changing while the legacy segment is shrinking.
beta
1.15
Beta measures how much a stock tends to move against the market. At 1.15, FNGR usually moves a bit more than the index — not extreme, but not defensive either.
source: institutional data
Institutional activity

institutional ownership data for FNGR is being compiled.

source: institutional data
Price targets
3-5 year target range
n/a n/a
$1 current price
n/a target midpoint · n/a from current
target data not available

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