FingerMotion Historical Income Statement
| FNGR Stock | USD 2.04 0.07 3.55% |
Historical analysis of FingerMotion income statement accounts such as Total Revenue of 37.6 M or Gross Profit of 4.1 M can show how well FingerMotion performed in making a profits. Evaluating FingerMotion income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FingerMotion's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FingerMotion latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FingerMotion is a good buy for the upcoming year.
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About FingerMotion Income Statement Analysis
FingerMotion Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FingerMotion shareholders. The income statement also shows FingerMotion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
FingerMotion Income Statement Chart
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Total Revenue
Total revenue comprises all receipts FingerMotion generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of FingerMotion minus its cost of goods sold. It is profit before FingerMotion operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FingerMotion. It is also known as FingerMotion overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on FingerMotion income statement and represents the costs associated with goods and services FingerMotion provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from FingerMotion's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FingerMotion current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FingerMotion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.At this time, FingerMotion's Minority Interest is relatively stable compared to the past year. As of 11/30/2024, Interest Income is likely to grow to about 65.8 K, while Operating Income is likely to drop (4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8M | 2.3M | 3.9M | 4.1M | Total Revenue | 22.9M | 34.1M | 35.8M | 37.6M |
FingerMotion income statement Correlations
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FingerMotion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FingerMotion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FingerMotion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FingerMotion will appreciate offsetting losses from the drop in the long position's value.Moving against FingerMotion Stock
| 0.57 | TDS | Telephone and Data | PairCorr |
| 0.51 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.5 | USM | United States Cellular | PairCorr |
| 0.49 | IDT | IDT Corporation Earnings Call This Week | PairCorr |
| 0.45 | KT | KT Corporation | PairCorr |
The ability to find closely correlated positions to FingerMotion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FingerMotion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FingerMotion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FingerMotion to buy it.
The correlation of FingerMotion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FingerMotion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FingerMotion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FingerMotion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for FingerMotion Stock Analysis
When running FingerMotion's price analysis, check to measure FingerMotion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FingerMotion is operating at the current time. Most of FingerMotion's value examination focuses on studying past and present price action to predict the probability of FingerMotion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FingerMotion's price. Additionally, you may evaluate how the addition of FingerMotion to your portfolios can decrease your overall portfolio volatility.