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Mobile payments specialist continues to impress

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This fast growing mobile payments specialist has issued excellent full year results and still looks cracking value, with an enticing dividend yield on top of the strong growth potential. Buy now while it's cheap!


Founded in 2006, with a track record of strong growth and profitability, Fonix Mobile (LON:FNX) is a UK focused mobile payments and messaging company.


For its last full financial year ending June 2022 (over a period when many businesses struggled) its small team of 40 or so talented individuals based in London grew revenues 12% to £53.6m and profits by 16% to £9.7m, resulting in an attractive operating margin of 18% and a 120% return on equity.  It has…

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