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Fonix Mobile PLC - London-based mobile payment and messaging platform - Posts revenue of £32.8 million for the six months ended on December 31, up 15% from £28.6 million a year earlier. Pretax profit amounts to £5.8 million, up 12% from £5.2 million, as operating profit also rises to £5.8 million from £5.2 million a year earlier. Declares an interim dividend of 2.36 pence per share. Looking ahead, says it has continued to make progress on its growth strategy in the period, with performance ‘comfortably in line with expectations’.
Chief Executive Officer Rob Weisz says: ‘Our long term investment in pursuing some large enterprise deals has begun to pay off and we have an exciting pipeline of new opportunities commencing in the coming period, including a significant expansion of our partnership with ITV post period end.’
Current stock price: 201.20 pence, down 6.0% on Monday around midday in London
12-month change: up 32%
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