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Fonix Mobile PLC ( (GB:FNX) ) has issued an announcement.
Fonix Mobile PLC has reported strong interim results for the six months ending December 2024, with a 6.5% increase in gross profit and a notable international expansion into Portugal. The company has secured contracts with major Portuguese mobile network operators and launched new products, PayFlex and DonationPortal, to enhance revenue opportunities. Fonix’s strategic focus on technological innovation and international growth, alongside partnerships with major clients like News UK, positions it well for future success. The board anticipates a strong second half of the financial year, driven by a growing client base and demand for enterprise messaging solutions.
More about Fonix Mobile PLC
Fonix Mobile PLC, founded in 2006 and headquartered in London, is a leading provider of mobile payments and messaging solutions. The company enables businesses across media, charity, entertainment, and enterprise sectors to connect, engage, and transact through mobile technology. Known for its innovation-driven approach, Fonix is trusted by industry leaders like ITV, Bauer Media, and BBC Children in Need.
YTD Price Performance: -10.72%
Average Trading Volume: 102,877
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £191.2M
Find detailed analytics on FNX stock on TipRanks’ Stock Analysis page.