Updates

Fonix Mobile

May 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares have soared to a record 268p after well-received interims, with gross profit up 18% to £9.2m driven by +14% in UK and +58% across the Rest of Europe. Total payment volumes (TPV) rose 15% to £158m. Mobile Payments (90% gross profit), which provides premium SMS billing, direct carrier billing and voice for customers such as ITV, Bauer Media, Comic Relief and Channel 5, grew profit 14% to £7.5m. Its cloud-based platform can now process over 5,000 transactions per second while its Campaign Manager enables clients to manage their campaigns and drive incremental revenue. New products included a subscription engine for charity customers while it is expanding payment options from phone-paid billing. Key to the story is t ...

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SigmaRoc

4Imprint

Fonix Mobile - Eps up 21% to 10.8p (December 2024)

Fonix Mobile (September 2024)

Fonix Mobile - Shares surge above 250p (March 2024)

Fonix Mobile (January 2024)

Fonix Mobile (November 2023)

Fonix Mobile - Upgrade to forecasts (October 2023)

Fonix - Shares hit new high of 231p (March 2023)

Fonix Mobile - 2021 NAP has gained 38% (January 2023)

Fonix Mobile (April 2022)

Fonix Mobile (October 2021)

Fonix Mobile (April 2021)

Fonix Mobile (March 2021)

Fonix - UK mobile payments provider has the tools for major eps upgrades (February 2021)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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