Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Carmel Elizabeth Warren was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 19
Fonix Mobile plc Declares Interim Dividend, Payable on 2 April 2026 Fonix Plc declared increased interim dividend of 3.1 pence per share, in line with the Group's progressive dividend policy to pay out at least 75% of adjusted EPS to shareholders in the form of an ordinary dividend each period. The interim dividend will be paid on 2 April 2026 to shareholders on the register on 27 March 2026 (record date), with an ex-dividend date of 26 March 2026. Announcement • Sep 23
Fonix Plc, Annual General Meeting, Nov 13, 2025 Fonix Plc, Annual General Meeting, Nov 13, 2025. Announcement • Jul 22
Fonix Plc to Report Fiscal Year 2025 Final Results on Sep 23, 2025 Fonix Plc announced that they will report fiscal year 2025 final results on Sep 23, 2025 Announcement • Mar 19
Fonix Mobile plc Declares Interim Dividend, Payable on 4 April 2025 Fonix Plc declared increased interim dividend of 2.9p per share, in line with the Company's progressive dividend policy to pay out at least 75% of adjusted EPS to shareholders in the form of an ordinary dividend each period. The interim dividend will be paid on 4 April 2025 to shareholders on the register on 28 March 2025 (record date), with an ex-dividend date of 27 March 2025. Announcement • Jan 23
Fonix plc Approves Special Dividend for the Six Months Ended December 31, 2024, Payable on 12 February 12, 2025 Fonix plc approved Special Dividend for the six Months Ended December 31, 2024. For the period, the company reported a payment of 3.0 pence per share, which will be paid on February 12, 2025 to those shareholders who are on the register at the close of business on January 31, 2025 (record date), with a corresponding ex-dividend date of January 30, 2025. Upcoming Dividend • Nov 14
Upcoming dividend of UK£0.057 per share Eligible shareholders must have bought the stock before 21 November 2024. Payment date: 29 November 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.7%). Buy Or Sell Opportunity • Oct 30
Now 24% overvalued The stock has been flat over the last 90 days, currently trading at €2.84. The fair value is estimated to be €2.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 4.5% in the next 2 years. Reported Earnings • Oct 29
Full year 2024 earnings released: EPS: UK£0.11 (vs UK£0.088 in FY 2023) Full year 2024 results: EPS: UK£0.11 (up from UK£0.088 in FY 2023). Revenue: UK£76.1m (up 17% from FY 2023). Net income: UK£10.6m (up 21% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year. Declared Dividend • Oct 28
Final dividend of UK£0.057 announced Shareholders will receive a dividend of UK£0.057. Ex-date: 21st November 2024 Payment date: 29th November 2024 Dividend yield will be 3.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 25% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 4.2% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 25
Fonix Mobile plc Recommends Final Dividend, Payable on 29 November 2024 Fonix Mobile plc at its Annual General Meeting to be held on 19 November 2024, recommended a final dividend of 5.70 pence per share, which if approved, will be paid on 29 November 2024 to those shareholders who were on the register at the close of business on 22 November 2024 (record date), with a corresponding ex-dividend date of 21 November 2024. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.06, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Total returns to shareholders of 97% over the past three years. Buy Or Sell Opportunity • Oct 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.6% to €2.86. The fair value is estimated to be €2.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 4.5% in the next 2 years. Reported Earnings • Sep 26
Full year 2024 earnings released: EPS: UK£0.11 (vs UK£0.088 in FY 2023) Full year 2024 results: EPS: UK£0.11 (up from UK£0.088 in FY 2023). Revenue: UK£76.1m (up 17% from FY 2023). Net income: UK£10.6m (up 21% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 16% per year. Announcement • Sep 25
Fonix Plc, Annual General Meeting, Nov 19, 2024 Fonix Plc, Annual General Meeting, Nov 19, 2024. Announcement • Jul 23
Fonix Mobile plc Provides Earnings Guidance for the Fiscal Year 2025 Fonix Mobile plc provided earnings guidance for the fiscal year 2025. For the year, the company remains confident in Fonix's growth potential and beyond, supported by high levels of recurring revenue with a strong run-rate, an expanded commercial offering, and significant opportunities for further international expansion. Announcement • Jul 22
Fonix Mobile plc to Report Fiscal Year 2024 Final Results on Sep 24, 2024 Fonix Mobile plc announced that they will report fiscal year 2024 final results on Sep 24, 2024 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €3.22, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 65% over the past three years. Declared Dividend • Mar 14
First half dividend of UK£0.026 announced Shareholders will receive a dividend of UK£0.026. Ex-date: 21st March 2024 Payment date: 29th March 2024 Dividend yield will be 2.7%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 29% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 13
First half 2024 earnings released: EPS: UK£0.057 (vs UK£0.048 in 1H 2023) First half 2024 results: EPS: UK£0.057 (up from UK£0.048 in 1H 2023). Revenue: UK£39.7m (up 21% from 1H 2023). Net income: UK£5.69m (up 17% from 1H 2023). Profit margin: 14% (in line with 1H 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Announcement • Feb 09
Fonix Mobile plc to Report First Half, 2024 Results on Mar 12, 2024 Fonix Mobile plc announced that they will report first half, 2024 results on Mar 12, 2024 Upcoming Dividend • Nov 09
Upcoming dividend of UK£0.049 per share at 3.6% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 30 November 2023. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.5%). Reported Earnings • Oct 25
Full year 2023 earnings released: EPS: UK£0.088 (vs UK£0.08 in FY 2022) Full year 2023 results: EPS: UK£0.088 (up from UK£0.08 in FY 2022). Revenue: UK£64.9m (up 21% from FY 2022). Net income: UK£8.80m (up 9.6% from FY 2022). Profit margin: 14% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 22
Fonix Mobile plc Provides Earnings Guidance for the Year 2024 Fonix Mobile plc provided earnings guidance for the year 2024. Strong start to year 2024, with trading in line with the Board's expectations. Announcement • May 19
Fonix Mobile plc (AIM:FNX) commences an Equity Buyback Plan for 10,000,000 shares, representing 10% of its issued share capital, under the authorization approved on November 22, 2022. Fonix Mobile plc (AIM:FNX) commences share repurchases on May 18, 2023, under the program mandated by the shareholders in the Annual General Meeting held on November 22, 2022. As per the mandate, the company is authorized to repurchase up to 10,000,000 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.001 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The authority shall expire at earlier of, the conclusion of the next Annual General Meeting of the company or, on February 22, 2024. As at October 21, 2022, the company had 100,000,000 ordinary shares and no shares in treasury. Upcoming Dividend • Mar 16
Upcoming dividend of UK£0.024 per share at 3.4% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 31 March 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Reported Earnings • Mar 14
First half 2023 earnings released: EPS: UK£0.048 (vs UK£0.043 in 1H 2022) First half 2023 results: EPS: UK£0.048 (up from UK£0.043 in 1H 2022). Revenue: UK£32.8m (up 15% from 1H 2022). Net income: UK£4.85m (up 12% from 1H 2022). Profit margin: 15% (in line with 1H 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the IT industry in Germany. Announcement • Jan 25
Fonix Mobile plc to Report First Half, 2023 Results on Mar 13, 2023 Fonix Mobile plc announced that they will report first half, 2023 results on Mar 13, 2023 Upcoming Dividend • Nov 17
Upcoming dividend of UK£0.045 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 30 November 2022. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%). Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Ed Spurrier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 21
Fonix Mobile plc Announces Final Dividend, Payable on 30 November 2022 Fonix Mobile plc announced a final dividend of 4.50 pence per share, which if approved, will be paid on 30 November 2022 to those shareholders who were on the register at the close of business on 25 November 2022 (record date), with a corresponding ex-dividend date of 24 November 2022. Buying Opportunity • Sep 23
Now 20% undervalued Over the last 90 days, the stock is up 9.4%. The fair value is estimated to be €2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 135%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Buying Opportunity • Aug 06
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be €2.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 28%. Revenue is forecast to grow by 9.5% in a year. Earnings is forecast to grow by 9.2% in the next year. Announcement • Jul 22
Fonix Mobile plc to Report Fiscal Year 2022 Results on Sep 22, 2022 Fonix Mobile plc announced that they will report fiscal year 2022 results on Sep 22, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Ed Spurrier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 17
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.0%). Reported Earnings • Mar 16
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: UK£0.043 (up from UK£0.027 in 1H 2021). Revenue: UK£28.6m (up 16% from 1H 2021). Net income: UK£4.31m (up 58% from 1H 2021). Profit margin: 15% (up from 11% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 7.9%, compared to a 16% growth forecast for the industry in Germany. Board Change • Jan 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Ed Spurrier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 11
Upcoming dividend of UK£0.035 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 30 November 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%). Reported Earnings • Oct 24
Full year 2021 earnings released: EPS UK£0.06 (vs UK£0.061 in FY 2020) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: UK£47.7m (up 19% from FY 2020). Net income: UK£6.06m (flat on FY 2020). Profit margin: 13% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Sep 24
Full year 2021 earnings released The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: UK£47.7m (up 19% from FY 2020). Net income: UK£6.06m (flat on FY 2020). Profit margin: 13% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Executive Departure • Mar 31
CFO & Director has left the company On the 29th of March, Rupert Howard Horner's tenure as CFO & Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rupert Howard's name. Rupert Howard is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 16
New 90-day high: €1.76 The company is up 47% from its price of €1.20 on 18 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 4.0% over the same period. 
