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Mobile payments specialist still looks cracking value

Mobile phone transacting with Fonix

This fast growing mobile payments specialist has issued another positive update 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 2021 (over a period when many businesses struggled) its team of 35 or so talented individuals based in London grew revenues 19% to £47.7m and profits by 15% to just over £8.3m, resulting in an attractive operating margin of 17% and a near 160% return on equity - the…

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