- FingerMotion posted a 37% YOY revenue growth for the 2021 financial year
- The company’s Telecommunications Products and Services category posted the highest growth at 170%
- The company looks to build on this performance by capitalizing on the opportunities within China and, more specifically, the mobile payment and mobile recharge platform solutions market
- Its successful strategy is based upon pushing gross margins by offering new products and services and improving existing ones
In June 2022, FingerMotion (NASDAQ: FNGR) released its financial results for the year ended February 28, 2022. Of note in the report was the 37% year-over-year (“YOY”) growth in overall revenue, mainly fueled by the growth of Telecommunications Products and Services, which posted a 170% growth from the previous year (https://ibn.fm/nCpFs).
When making the announcement, Martin Shen, FingerMotion’s Chief Executive officer (“CEO”), noted…
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