Fonix Mobile Share Discussion Threads

[rivaldo] 21/12/2023 08:38

Very bullish new article here - "massively undervalued"!



Conclusion:

"I don’t think it has put a foot wrong since its 2020 listing. To me, that means 2024 could be a breakout year"

[red ninja] 14/12/2023 17:28

Shares never head in just one direction.

[moreplumbing] 14/12/2023 16:17

What's with the panic selling today?

[primarch1] 14/12/2023 16:09

Almost went on a run

[apad] 06/12/2023 19:16

It has lost a bunch of "small" clients. Last FY statement.
apad

[stuffee] 06/12/2023 18:26

Thanks for reference Igoe.

Good that the Pauls emphasised stickiness of FNX clients - impressed that it has never lost a client.

Happy to continue to hold this quality growth stock.

[igoe104] 06/12/2023 17:07

FNX talked about by Paul Hill and Paul Scott. Its at the end of the video.

[igoe104] 01/12/2023 14:32

Mine has arrived now..

[starpukka] 01/12/2023 13:49

Nor mine with XO.

[cormask] 01/12/2023 13:12

Not had mine yet either, with AJ Bell.

[eeza] 01/12/2023 13:09

Got mine yesterday with ii.

[igoe104] 01/12/2023 12:59

Anyone still waiting for yesterday's dividend. ✋

[rivaldo] 21/11/2023 08:56

Thanks for the Investors Champion write-up igoe104, good stuff.

[eeza] 20/11/2023 15:49

Big volume.

[igoe104] 17/11/2023 17:04

Good writeup from investor champion.

[rivaldo] 14/11/2023 12:17

Cavendish (Finncap) have today reiterated their forecasts and 270p target price.

Summary:

"A robust investment case – Fonix is focused upon leveraging its highly scalable, cloud-based platform to expand with existing clients and win new clients as mobile payments continue to scale. The structural strength of the platform is demonstrated by no churn from major customers in seven years, and it is diligently expanding its market-leading technology outside of the UK when led by existing clients. The successful execution of the strategy has driven Total Payment Value (TPV) to £268m in FY23 from £125m in FY18, adjusted EBITDA to £11.6m in FY23 from £3.3m in FY18, and underlying EFCF to £9.0m in FY23. We conservatively forecast adjusted EBITDA growth of +9% in FY24 and +10% in FY25, and expect that any upside to our forecasts would benefit from strong operational gearing through to EFCF, which would be returned to
shareholders through the progressive dividend policy".

[eeza] 14/11/2023 07:24

Yes, "comfortably in line with expectations". The word 'comfortably' suggests better than.

[rivaldo] 14/11/2023 07:13

FNX today report they've "had a positive start to the financial year, comfortably in line with expectations".

Which implies a potential beating of expectations later in the year.

So a "Positive start to new financial year with strong growth in both the UK and Ireland" and "strong income growth from new and existing media clients in both the UK and Ireland".

Finally:

"With high levels of repeating revenue and a strong, expanding run-rate from key clients, the Board continues to be confident in the growth potential for Fonix for the rest of the financial year and beyond"

[eeza] 11/11/2023 09:07

AGM on Tues 14th, so will probably get a TU also.

XD on Thurs 16th.

[rivaldo] 02/11/2023 09:57

Cheers Doctor888. Anacom are:

"Portugal's national regulatory authority for the communications sector, for the purposes of relevant Community and national legislation, including electronic communications and postal services."

Good to see FNX taking steps into the Portugese market:



Also, FNX were rated a Buy in the IC's recent survey of the top 100 AIM companies:

"Fonix Mobile

Retailers’ desire to reduce the number of online transactions that are abandoned at 'checkout' lies behind the impressive results that have driven the share price performance at Fonix Mobile(FNX). The company’s technology allows merchants to charge customers’ mobile phone bills, turning the device itself into a payment enabler. The tech is used by most as an extra payment channel that complements existing services such as Google, or Apple Pay. When it adds customers, they tend to stay signed up and Fonix has experienced very little in the way of churn.The company has around 145 active customers,including large enterprises such as ITV (ITV) and Channel 4, and there is an international push in progress with Fonix adding customers in Ireland such as state broadcaster RTÉ. Media companies represent roughly 75 per cent of gross profits, with more opportunities available as broadcasters develop their online service offering. Buy."

[doctor888] 26/10/2023 11:40

hxxps://www.anacom.pt/render.jsp?contentId=1758558

continuing to strive for business abroad

[rivaldo] 16/10/2023 09:03

Cheers eeza, appreciated.

[eeza] 16/10/2023 08:57

@ Rivaldo
Sent PM.

[rivaldo] 16/10/2023 08:48

Cheers igoe and Red Ninja re the last few posts - can someone post at least the concluding part of Simon Thompson's tip as it's subscription only?

[igoe104] 13/10/2023 13:32

Simon Thompson posted a update a few weeks back,