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FingerMotion reports 32% revenue drop and $7M loss in FY 2026 amid telecom challenges.

Company Fundamentals
29 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

FingerMotion Inc. reported a 32% revenue decline to $24.13 million in fiscal year 2026, mainly due to reduced activity in its core telecommunications segment. The company faced a 75% drop in gross profit and increased its net loss to $7 million, up 37% from the previous year. Despite these challenges, FingerMotion is focusing on operational efficiency, expanding its marketplace and data analytics platforms, and exploring international markets to diversify growth. The company aims to strengthen its telecom business while developing new technology initiatives to create long-term shareholder value.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

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The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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