Fonix Mobile (LON:FNX) Announces Quarterly Earnings Results

Fonix Mobile (LON:FNX) announced its earnings results 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 Price Performance

Shares of FNX traded down GBX 6 ($0.08) during trading hours on Thursday, hitting GBX 177 ($2.30). 284,550 shares of the company were exchanged, compared to its average volume of 129,615. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 2.45. Fonix Mobile has a fifty-two week low of GBX 175 ($2.28) and a fifty-two week high of GBX 270 ($3.51). The company has a market cap of £175.20 million, a price-to-earnings ratio of 16.40 and a beta of 0.67. The firm’s fifty day moving average is GBX 215.19 and its 200 day moving average is GBX 223.49.

Fonix Mobile Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 27th will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date is Thursday, March 27th. This represents a yield of 1.59%. Fonix Mobile’s dividend payout ratio is presently 64.86%.

About Fonix Mobile

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.