Fonix has reported a strong set of FY21 results, with financials that are all in line with our expectations, and +1-3% ahead of our original forecasts established at the October 2020 IPO. FY21 TPV grew +10% to £233m, as Fonix has continued to successfully expand with existing customers while experiencing no churn, and it has grown its active customer base to 111 from 98 at FY20 and 105 at H1 21. By sector, media, gaming, and charity customers have delivered growth of over +22% through FY21, incl ....
23 Sep 2021
Fonix Mobile - Strong FY21 results, and an encouraging start to FY22
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Fonix Mobile - Strong FY21 results, and an encouraging start to FY22
Fonix Mobile PLC (FNX:LON) | 252 0 0.0% | Mkt Cap: 252.2m
- Published:
23 Sep 2021 -
Author:
Andrew Darley | Michael Hill -
Pages:
31
Fonix has reported a strong set of FY21 results, with financials that are all in line with our expectations, and +1-3% ahead of our original forecasts established at the October 2020 IPO. FY21 TPV grew +10% to £233m, as Fonix has continued to successfully expand with existing customers while experiencing no churn, and it has grown its active customer base to 111 from 98 at FY20 and 105 at H1 21. By sector, media, gaming, and charity customers have delivered growth of over +22% through FY21, incl ....