Fonix Mobile (LON:FNX) Releases Quarterly Earnings Results

Fonix Mobile (LON:FNX) issued its quarterly earnings data on Tuesday. The company reported GBX 6.20 ($0.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fonix Mobile had a net margin of 14.03% and a return on equity of 101.42%.

Fonix Mobile Stock Performance

Shares of LON FNX opened at GBX 190.02 ($2.47) on Tuesday. The business’s 50-day simple moving average is GBX 216.58 and its 200-day simple moving average is GBX 224.23. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17. Fonix Mobile has a 52 week low of GBX 189 ($2.45) and a 52 week high of GBX 295 ($3.83). The firm has a market cap of £188.08 million, a price-to-earnings ratio of 17.61 and a beta of 0.67.

Fonix Mobile Cuts Dividend

The business also recently declared a dividend, which will be paid on Saturday, July 12th. Stockholders of record on Wednesday, January 29th will be paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a dividend yield of 1.38%. Fonix Mobile’s dividend payout ratio (DPR) is presently 64.86%.

Fonix Mobile Company Profile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.