Fonix Share Discussion Threads

[igoe104] 03/3/2023 08:23

Definitely a share to hold for many years this share, good growth prospects, (especially across Europe,) good dividend policy, and I wouldn't be surprised to see them taken over by someone like BGO...

[mammyoko] 03/3/2023 08:22

Isn't this the key comment?

The extended commercial relationship will underpin Fonix's existing growth expectations for the years ahead.

i.e. all of the forecast growth is now in the bag? FinnCap are only adjusting 2024 conservatively by +3%

[hydrus] 03/3/2023 07:34

Yep what a great company it keeps delivering

[dicktrade] 03/3/2023 07:27

Assuming that this morning’s news (see above) could be exceptional??

[hastings] 03/3/2023 07:19

Yes, very good news indeed, onwards and upwards.

[red ninja] 03/3/2023 07:17

It's an exciting growth prospect.

[rivaldo] 03/3/2023 07:06

Terrific news - this feels like a biggie.

The key extract is:

"The extended commercial relationship will underpin Fonix's existing growth expectations for the years ahead"



"Extended broadcaster partnership

ITV extends mobile interactive services partnership with Fonix

ITV PLC, the leading UK TV broadcaster, has agreed to gradually extend its commercial partnership with Fonix to include SMS billing payments, alongside the existing relationship for carrier billing and charity services. The extended commercial relationship will underpin Fonix's existing growth expectations for the years ahead.

The deal will see Fonix continue to support all mobile carrier billing across the ITV competition portal and gradually extend to supporting all competition interactivity for its on-air formats including high profile shows such as Dancing on Ice, Good Morning Britain, Lorraine, ITV Sport, Love Island and This Morning.

Fonix will provide mobile operator payments alongside data analytics for competitions and interactive broadcast services, through Fonix's Campaign Manager platform, enabling viewers to interact and engage with their favourite TV shows, supporting ITV's ability to deliver an increasingly value-added TV experience.

Ann Cook, Director of Interactive and Managing Director of ITL, ITV, said: "Over the last five years, we've enjoyed a great working relationship with Fonix, with the team always delivering an excellent service both technically and operationally. We look forward to working more closely together to grow our business and look at new opportunities that may come from this new partnership."

Rob Weisz, CEO of Fonix, added: "We're thrilled that all of the hard work at Fonix has enabled us to deliver a growing and closer relationship with ITV into the future. Mobile interactivity and payments have always represented a great opportunity to extend the viewing experience for broadcasters from an engagement and monetisation perspective and we're delighted to be supporting ITV with their strategy in this space.

As a business, we've always taken great pride in the quality services and support that we're able to deliver for major brands and broadcasters like ITV, so it's fantastic to have that recognised with this partnership."

[rivaldo] 28/2/2023 11:09

New all-time highs now.

[rivaldo] 27/2/2023 14:57

FNX handled the mobile interactivity and text-to-win competition at the 2023 Arenacross British Championship at Wembley Arena last week:

[igoe104] 18/2/2023 11:34

Fund manager R Brown talking about FNX about 12 minutes in...

[dicktrade] 25/1/2023 09:31

Riv
Can I add - a very capital light business

[rivaldo] 25/1/2023 09:05

Finncap have today raised their target price to 260p (from 230p) and retained their prior forecasts.

[rivaldo] 25/1/2023 07:48

Because:

- they've consistently beaten or traded in line with expectations
- highly cash-generative business model
- high recurring income
- extremely capable management which manages in a prudent fashion
- never adversely surprised the market
- global growth opportunities
- in a high growth market/sector
- excellent dividend record and yield

That's all I can think of at present - there are probably more!

[spooky] 25/1/2023 07:43

Absolutely no idea why FNX trade at such a premium multiple compared to the market. Growth rate definitely doesn't suggest they deserve it IMO.

[rivaldo] 25/1/2023 07:30

Agreed, an encouraging H1 update. Active customers are up nicely, a second tier 1 media client has launched with FNX in Ireland and EBITDA is up a very satisfactory 12% (despite a charity income decline which has thin margins so has little impact).

In addition:

- there's "a pipeline of other opportunities" in Ireland
- the "upgrade of technical infrastructure had doubled the capacity of key Fonix products

And it sounds like there's news flow to come shortly on "significant client prospects":

"Fonix's key business segments of payments and messaging have both grown in the Period and the business retains a growing pipeline of significant client prospects going into H2 FY23, and we will provide more information on these with our interim results."

Above all, the outlook is "confident in the growth potential for Fonix going into H2 FY22 and beyond".

[hastings] 25/1/2023 07:11

Very good update this morning comfortably in line.

[rivaldo] 17/1/2023 09:41

Barclays finally "found" my FNX dividend. Only around a month late :o))

Agreed igoe104. This is hopefully a share to hold long-term as it steadily grows - all the while paying out handsome dividends unlike most of its brethren.

[igoe104] 05/1/2023 14:26

This share could well be £10 plus in a few years down the line. Lots of new markets too expand into...

I'm certainly holding, for many years to come yet..

[rivaldo] 03/1/2023 08:29

Happy new year to everyone here. And a good start to 2023 for FNX - looks like almost £30,000 of buys this morning already, and more all-time highs.

Barclays still haven't "found" my dividend. Unbelievable!

[igoe104] 21/12/2022 12:24

I've had the same thing with dividend payment before. (With another holding ) It will eventually be sorted, but frustrating while you have to wait.😒

[rivaldo] 21/12/2022 12:02

Nice move - new highs again.

Barclays appear to have "lost" my FNX dividend and are currently looking through their bottom drawers to see where it's been filed. Great :o))

[igoe104] 13/12/2022 14:59

I think the latest USA inflation number has helped the market and pushed these above the £2 barrier.

[rivaldo] 12/12/2022 11:03

Apparently Barclays pay dividends out 10 business days after the dividend is paid to them - whereas, whilst all brokers have different policies, some (most?) pay them out of their own reserves immediately. Or at least, much more quickly.

So my FNX divi should be received on Wednesday. Are Barclays the worst or what.....