FingerMotion (FNGR) investor relations material

Executive summary

• Q2 FY2027 revenue fell 97% YoY to $281,076; six-month revenue fell 95% to $931,165, as limited working capital constrained telecom transaction volumes.

• Six-month net loss attributable to shareholders widened 95% YoY to $6.93M, driven mainly by a $4.50M credit impairment charge.

• Strategic focus expanded to North American behind-the-meter AI/HPC data centers; the initiative had generated no revenue as of August 31, 2026.

Financial highlights

• Q2 revenue was $281,076 vs. $8.65M YoY; gross profit was $136,515 vs. $38,740, while operating expenses rose to $5.67M from $1.53M.

• Q2 net loss attributable to shareholders was $4.93M vs. $1.54M YoY; basic and diluted loss per share was $0.08 vs. $0.03.

• H1 revenue was $931,165 vs. $17.11M; gross profit was $344,993 vs. $191,261, and operating expenses were $7.81M vs. $3.67M.

• H1 net loss attributable to shareholders was $6.93M vs. $3.55M; basic and diluted loss per share was $0.11 vs. $0.06.

• H1 operating cash outflow was $3.49M; financing cash inflow was $5.60M, and cash rose to $2.14M from $68,596 at February 28, 2026.

Outlook and guidance

• Data-center targets include permitting ten 9.9 MW sites by Q1 FY2027 end, first energization as early as late Q4 2026, and data-hall turnover ~18 months after permit award; timing depends on external factors.

• Management expects no new-initiative revenue until ~9 months after a project is in full development; the capital-intensive plan has no projected revenue, cost, or capital requirements in the period outlook.

• Since August 1, management reported binding power LOIs for 12.9 MW, an announced 99 MW buildout acquisition plan, and 52.5 MW of tenant offtake indications of interest.

• Legacy telecom revenue and transaction activity remain dependent on working capital, collection cycles, customer adoption, and available capital allocation.