NasdaqCM:FNGRWireless Telecom
FingerMotion (FNGR): Losses Widen 5.1% Annually, Testing Bullish Turnaround Hopes
FingerMotion (NasdaqCM:FNGR) continues to face mounting losses, with annual losses increasing at a rate of 5.1% over the past five years. The company’s Price-To-Sales Ratio stands at 2.9x, which is considerably higher than both the global wireless telecom industry average of 1.5x and a peer average of 1.2x. Despite these premium valuation multiples, FingerMotion’s net profit margin remains negative and there is not enough data to determine the company’s expected earnings or revenue growth...