image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Fonix Mobile

January 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.

  • Epic Code:
  • FNX
  • Price:
  • 206.5p
Fonix’s AGM highlighted a positive start to FY’24 and is “comfortably in line with expectations.” Fonix highlighted its investment in both technology and exploring new international markets and broker Cavendish notes that Ireland delivered £1.5m or 10% gross profit last year. Forecast eps are to grow from 8.9p to 9.5p and then 10.0p in FY’25. The broker adds, “the structural strength of the platform is demonstrated by no churn from major customers in seven years while it is diligently expanding its market-leading technology outside the UK when led by existing clients.” The successful execution of the strategy has seen Fonix increase its total payment value (TPV) from £125m in FY’18 to £268m in FY’23 and it is looking for ne ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

author