Fingermotion, Inc. Reports Earnings Results for the Third Quarter Ended November 30, 2020
January 14, 2021 at 11:21 pm
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FingerMotion, Inc. announced earnings results for the third quarter ended November 30, 2020. For the third quarter, the company announced sales was USD 4.881 million compared to USD 2.692 million a year ago. Operating loss was USD 681,431 compared to USD 564,770 a year ago. Net loss was USD 708,153 compared to USD 496,693 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. For the nine months, sales was USD 11.245 million compared to USD 5.665 million a year ago. Operating loss was USD 2.151 million compared to USD 2.355 million a year ago. Net loss was USD 2.247 million compared to USD 2.275 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.09 a year ago.
FingerMotion, Inc. (FingerMotio) is a mobile data specialist company. FingerMotio's business line includes Telecommunications Products and Services, Value Added Products and Services, Short Message Services (SMS) and Multimedia Messaging Services (MMS), Rich Communication Services (RCS) platform, Big Data Insights, and Video Games Division. The Telecommunication products and services offer payment and recharge services, data plans, subscription plans, mobile phones, loyalty points redemption and other products bundles. It provides mobile payment and recharge services to customers of China. The SMS and MMS services offer bulk SMS services to end consumers. The RCS platform is a messaging platform that enables businesses and brands to communicate and service to customers on the 5th Generation (5G) infrastructure. The Company's Big Data Insights through its Sapientus platform delivers data-driven solutions and insights for businesses within the insurance, and healthcare.