Fonix Share Discussion Threads

[igoe104] 20/3/2024 08:20

Spot on gents. Most folks this day of a age live on the never never, expensive leased cars and credit cards and mortgages maxed to the hilt...

[igoe104] 19/3/2024 17:51

Companies like this should be stuck in a ISA, and be held for years. Thats how you make the big money. Too many folks jumping in and out all the time, looking for a quick buck...

[johndoe23] 19/3/2024 16:09

Indicative of society today, everyone wants everything tomorrow!

[janeann] 19/3/2024 16:01

end of tax year .... some may be taking gains for other reasons etc!

[igoe104] 19/3/2024 14:29

Too many folks are impatient and are cashing in. If FNX roll out their technology across many geographies today price will be a drop in the ocean, compared to the multi bag potential...

[igoe104] 19/3/2024 09:23

You would imagine its just a matter of time, before they break into Europe biggest economy Germany, especially having a foothold in Austria anyway.

Buys in at £2.95 can £3 get broken, won't take much..

[rivaldo] 18/3/2024 10:56

New highs again.

Maiken, this is what ST had to say in the IC about international expansion:

"The group is also successfully expanding into international markets, which now generate more than 10 per cent of gross profit. For instance, Fonix has become the market leader in interactive services in Ireland, having launched services less than 18 months ago with Bauer Ireland, RTÉ (Ireland's National Television and Radio Broadcaster) and Wireless Radio Ireland, along with several smaller clients in the country. The roll-out in Ireland will be used as a blueprint for expansion into other well-regulated overseas territories."

[igoe104] 16/3/2024 11:55

FNX talked about on this investors champion podcast.

[red ninja] 14/3/2024 16:58

The Simon Thomson and Master Investor readers can power us to the close Cavendish 300p target.

[tole] 13/3/2024 18:17

https://masterinvestor.co.uk/equities/small-cap-catch-up-aml-cury-rfx-and-fnx/Fonix Mobile (LON:FNX) – Dialling In NowWhen consumers make donation payments to Comic Relief and Children in Need or ITV, Bauer Media, RTÉ and Global Media, to name a few, they are charged to their mobile phone bill.The service that Fonix provides can be used for ticketing, content, cash deposits and donations, by way of mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce.The mobile payments and messaging provider enjoyed good trading in its first half year to end December 2023.Yesterday morning it declared its Interim Results and they showed 25.4% up in adjusted pre-tax profits at £7.4m, with earnings 16.35 better at halfway of 5.7p per share.CEO Rob Weisz stated that:""We've made excellent progress on our strategic priorities in the period, once again nurturing significant growth from both established clients and newly onboarded customers alike.As we have begun to explore overseas markets we have identified territories with favourable market dynamics and exciting growth potential.At the same time we have continued to add significant additional depth to our product offering, expanding our competitive advantage and creating the founding dimensions for growth into the future."This group has a highly scalable business, it obviously offers something good in its services because it has suffered minimal customer churn over the last seven years or so – which is impressive.It also helps to create strong elements of recurring revenues.Analysts Michael Hill and Andrew Darley at Cavendish Capital Markets have current year estimates to end June for £72.6m (£64.9m) revenues, pushing adjusted pre-tax profits to £12.7m (£11.0m), with earnings of 9.7p (8.9p) and covering a healthy dividend of 7.8p (7.3p) per share.For the coming year they foresee £78.7m turnover, £13.5m profits, 10.2p earnings and a dividend of 8.5p per share.They have a Price Objective on the shares at 300p.The group's shares, which have been as low as 177p in the last year, closed last night 15.5p up on the day at around 258p.Hold tight for higher pricing.

[maiken] 13/3/2024 17:00

Hi Rivaldo, please can you summarise main points.does he offer any comment on prospects/plans for international expansion ?

[rivaldo] 12/3/2024 22:34

Tipped this evening by the IC's Simon Thompson - should generate some more interest tomorrow:

[rivaldo] 12/3/2024 12:37

I'll read the full note tonight, but am pleased that the forecasts once again look conservative.

This has been a regular occurrence with FNX, and usually gives rise to intermittent profit upgrades during the year as FNX overdelivers against those prudent forecasts.

Also, FNX specifically state today that it "continues to have over 120 active customers", so I assume there's no significant movement since the 122 at the last year end.

With 5.7p EPS in H1 the current forecast of 9.7p EPS for this year certainly looks very prudent, even with an H1 weighting of gross margin.

[doctor888] 12/3/2024 11:21

A few thoughts after reading Cavendish's note - I'd appreciate your views:

The revenue estimate for 2024 seems too conservative - only 72.6m for 2024, meaning only 3% yoy growth for H2! Perhaps depressing the share price will allow us to buy back more shares at a bargain price.

I am always cynical but is it a bit fishy that they no longer disclose customer numbers? Did they peak in 2022 at 123?

Campaign Manager is doing well. Does it compete with what Eagle Eye Solutions does? Anyone who holds EYE want to comment?

Why are gross profits from mobile messaging forecast to be flat in H2 yoy, after rising 53% in H1?

I hold FNX.

[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..