- FingerMotion just announced a 37% annual revenue growth from $6.24 million in 2021 to $22.93 million for the 2022 financial year
- Big Data posted the most significant growth at 297%, followed by Telecommunications Products & Services at 170% and SMS & MMS at 5%
- The company looks to keep pushing gross margins higher by leveraging the optimization of its product offerings
FingerMotion (NASDAQ: FNGR) just released its financial results for the year ended February 28, 2022, which was an incredible year for the company. Annual revenue rose from $6.24 million in 2021 to $22.93 million in 2022, representing a 37% growth. This maintains the company’s upward trajectory, having posted an 82% revenue growth from FY 2020 (https://ibn.fm/J3Suj).
During the release of the FY 2021 financial results, Martin Shen, FingerMotion’s Chief Executive Officer (“CEO”), noted that the company’s biggest challenge at the time was access to non-dilutive…
NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR
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