FingerMotion's 32% Revenue Drop Is the Story-Can the Pivot Save FNGR Before June 3?

FY2026 results show the old business shrinking faster than the new one can replace it

FingerMotion's latest annual report shows a company losing its legacy revenue base before the replacement strategy has scaled. The 10-K delivered the hard scorecard: revenue fell 32% to $24.13M, the net loss was $7.0 million, and diluted EPS slipped to $(0.12) from $(0.09). The main driver was telecom revenue, which fell $11.46M to $23.94M. The newer segments remain tiny by comparison: Marketplace Platform and Digital Commerce Infrastructure Solutions revenue was $25,037, Advanced Technology and Platform Solutions revenue was $141,886, and Data and Analytics Platform Solutions revenue was $27,780, even though that last category grew 148%.