FingerMotion Inc (NASDAQ: FNGR) appointed Jolie Kahn as its new Chief Executive Officer on August 4, 2026, replacing Martin Shen who stepped down from the role. The leadership change positions a seasoned Nasdaq senior executive and corporate attorney to lead the mobile services, data, and technology company as it seeks to sharpen its strategic focus and drive long-term shareholder value.

Martin Shen, the outgoing CEO, cited the company’s journey from the OTC Markets to achieving a Nasdaq listing as a key milestone during his tenure. He expressed confidence in the foundation built for long-term growth and gratitude toward colleagues, shareholders, employees, customers, and partners for their support throughout his leadership.

New Leadership Profile

Jolie Kahn brings extensive experience in corporate finance, management, and corporate and securities law to the position. Her recent background includes serving as CEO of AVAX One Technology Ltd, a digital asset treasury company, where she led a rebrand and strategic pivot to an Avalanche (AVAX) digital asset treasury.

Prior to that role, Kahn served as counsel for one of the largest publicly traded Bitcoin mining companies in North America. She also acted as interim CFO for several Nasdaq-listed companies. Her career includes significant involvement in preparing periodic filings and financial statements, managing public company audits, and structuring complex multi-million-dollar debt and equity financings, mergers, acquisitions, and reverse mergers.

Kahn holds a B.A. from Cornell University and a J.D., magna cum laude, from the Benjamin N. Cardozo School of Law. She also represents public and private companies, hedge funds, and other institutional investors in their investments in public companies.

Strategic Outlook

In her first comments as CEO, Kahn stated that FingerMotion is at a pivotal juncture in its evolution. She emphasized her intent to work closely with the Board and the entire FingerMotion team to build upon the foundation established by Shen. Her stated priorities include sharpening the company’s strategic focus and driving long-term value for shareholders.

FingerMotion describes itself as an evolving technology company developing additional value-added technologies to market to its growing user base. The company’s vision involves rapidly growing its user base through organic means to develop an ecosystem of highly engaged users utilizing its innovative applications. This engagement strategy aims to position the company to onboard larger customer bases while evaluating other emerging technologies for future business objectives.

FingerMotion reduced its quarterly loss per share to $(0.03), an improvement of 25% compared to a loss of $(0.04) in the same period last year. Despite this narrowing loss, the company experienced a substantial decline in revenue, reporting sales of $650.089 thousand for the quarter. This represents a 92.31% decrease from the $8.459 million recorded in the prior year period.

The financial results highlight a mixed performance for the company, with profitability metrics showing progress while top-line revenue contracted sharply. The reduction in losses per share indicates some efficiency gains or cost controls, though the significant drop in sales points to challenges in business volume or market conditions.

Financial Performance Overview

The company's financial data for the quarter reveals the following key metrics compared to the same period last year:

The sharp decline in sales is the most material figure in the report, overshadowing the improvement in per-share losses. The company has not provided specific reasons for the revenue drop in the available data.