Fonix has reported strong H1 results, with financials that are in line with the January trading update, where we upgraded our FY22 and FY23 adjusted EBITDA by +5%. Its H1 22 TPV grew by +12% to £138m, with record levels of business in November and December. Its land and expand strategy has continued to deliver excellent results, and early traction from its partnership with Venntro, which operates over 2,500 dating websites, highlights that its platform is a payment method and an important custom ....

14 Mar 2022
Fonix Mobile - Strong H1 22 highlights a robust, resilient platform
Fonix Mobile PLC (FNX:LON) | 196 -9.8 (-2.5%) | Mkt Cap: 195.5m
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Andrew Darley | Michael Hill
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16 pages
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Fonix Mobile - Strong H1 22 highlights a robust, resilient platform
Fonix Mobile PLC (FNX:LON) | 196 -9.8 (-2.5%) | Mkt Cap: 195.5m
- Published:
14 Mar 2022 -
Author:
Andrew Darley | Michael Hill -
Pages:
16 -
Fonix has reported strong H1 results, with financials that are in line with the January trading update, where we upgraded our FY22 and FY23 adjusted EBITDA by +5%. Its H1 22 TPV grew by +12% to £138m, with record levels of business in November and December. Its land and expand strategy has continued to deliver excellent results, and early traction from its partnership with Venntro, which operates over 2,500 dating websites, highlights that its platform is a payment method and an important custom ....