Fonix Share Discussion Threads

[igoe104] 12/3/2024 07:58

Excellent summary Rivaldo, these are certainly one to keep hold of...

[rivaldo] 12/3/2024 07:36

Indeed. The H1 results can't be faulted, with EPS up over 16% and the cash pile up 33% to over £11m.

And FNX are promising a special dividend or further buybacks with that cash pile.

Note that:

- December was a record month and H2 has started strongly
- 99% recurring income
- major new product now released
- further international growth being promised
- "strong pipeline of commercial opportunities, including significant enterprise deals in the UK and overseas, which provides the Board with confidence in the ongoing success of the business"

Love the management here. They underpromise and overdeliver and have barely put a foot wrong.

[igoe104] 12/3/2024 07:25

Excellent results, company definitely going in the right direction...

[igoe104] 11/3/2024 15:47

FNX mentioned in this fund manager interview.

[rivaldo] 01/3/2024 09:27

New video on "what Fonix does to facilitate mobile interaction and SMS payments for some of the UK’s leading brands":

[dicktrade] 23/2/2024 17:50

It was the uncrossing trade which should right itself on Monday morning back to 245-250

[igoe104] 23/2/2024 17:23

Weird trades at the end. Someone purchased 25k worth at 16.05 at £2.50 and the next trades were sells at £2.32 thats some spread. Somebody been ripped off... The previous sell was as £2.47, half hour earlier 🤷

[dicktrade] 22/2/2024 08:49

A welcome rise this morning after a bit of a pullback. Not great volume so lets see where it goes ;-))

[eeza] 21/2/2024 17:59

Rathbones reduced very slightly from 11.0091% to 10.9877%.

[igoe104] 15/2/2024 09:00

Allwyn are National Lottery operators in Austria, Czech Republic, Greece, Cyprus and Italy, so lots of opportunities around EUROPE.. And USA state Illinois..

[igoe104] 14/2/2024 16:13

Looks like possible opportunities with the New national lottery operator...




Since Fonix interacts with over ⅓ of the UK population on an annual basis through its partners, it makes sense to consider this simple, secure and effective payment method for the National Lottery. It would create more players, more winners and ultimately more income.

Fonix has a proven track record of working with some of the biggest companies in media, charity and entertainment, supporting their growth in consumer engagement over the last decade.

[rivaldo] 09/2/2024 07:06

RNS - the interims will be on 12th March:

[janeann] 08/2/2024 10:08

Well the actual spread is now 246.5 - 247 although advfn says 240 250!

[janeann] 07/2/2024 10:22

Rivaldo - One of them was reported yesterday at 9.47.... and the spread then was 255 - 265 so not sure I agree they were buys?

[rivaldo] 07/2/2024 09:18

Two buys just reported late from yesterday totalling around £116,000 at 256.36p - nicely above the 255p offer price. Very keen.

[dicktrade] 06/2/2024 09:36

MM's obviously want stock, 255 260 strip line spread but can sell 10,000 at 258p .
looks like it wants to go higher.

[janeann] 05/2/2024 16:21

lot of shares traded today as well

[rivaldo] 05/2/2024 09:12

New all-time highs now.

Good coverage of the SuprNation deal here:

[hydrus] 01/2/2024 11:23

Looking at NY Spins looks like you can deposit between £10 and £40 using Fonix (which is named with pay by mobile).It's actually a great option for gambling because I think you can't use credit cards anymore in the UK in gambling websites due to new regulations and many people don't like using debit cards because of course the lack of protections.Could be a big growth area

[maiken] 01/2/2024 11:08

not sure if doubledown is first sizeable US client,or indeed Fonix's first US client of any sort. Could be especially interesting if so.Please feel free to correct me if mistaken.I appreciate the initial launch is in the UK

[rivaldo] 31/1/2024 14:16

Yep, excellent news. I note that Suprnation were acquired in November by DoubleDown for £30m. More importantly, DoubleDown have around $75m quarterly turnover so are a very substantial company, and they said this in November:

"DoubleDown Interactive says it plans to use its recent acquisition of SuprNation to build on its success in Q2 and pursue “high-growth” opportunities in markets around the world"

which should mean lots of opportunity for FNX in Suprnation and potentially opening doors in DoubleDown globally:

"SuprNation select Fonix as their mobile payments provider
31/01/2024

SuprNation has launched our Pay By Mobile solution on Duelz, VoodooDreams and NYSpins, making Fonix their mobile payments partner and allowing them to offer players direct carrier billing. Initially launching in the UK, Fonix’s Pay By Mobile will be used to drive new acquisitions, introducing new players and providing them with a frictionless deposit option. With growth as a key objective, direct carrier billing will bolster the cashier user experience and bring further innovation to the SuprNation sites.

etc"

[igoe104] 31/1/2024 13:21

FNX have a new partnership.

[rivaldo] 26/1/2024 08:16

Lovely to see FNX outperforming against expectations once again. Finncap have retained their 270p target price for the moment, but when the interims are published this may be increased.

This is encouraging in particular:

"The business continues to make good progress on further international expansion and we hope to make announcements relating to this later in the year."

Along with the promising outlook statement:

"With high levels of repeating income, continued growth from existing clients and increasing opportunities for expansion in international markets, the Board remains confident in the growth potential for Fonix going into H2 FY24 and beyond."

Also good to see Rathbone Investment Management buying and disclosing going above 11% yesterday afternoon (though their holding does go up and down somewhat):

[igoe104] 24/1/2024 11:34

Investors champion write up.