Fonix Mobile (LON:FNX) Issues Earnings Results

Fonix Mobile (LON:FNX) posted 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 return on equity of 101.42% and a net margin of 14.03%.

Fonix Mobile Stock Down 3.3 %

Shares of FNX stock traded down GBX 6 ($0.08) on Thursday, hitting GBX 177 ($2.30). 284,830 shares of the stock were exchanged, compared to its average volume of 129,620. The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45. The firm has a market capitalization of £175.20 million, a P/E ratio of 16.40 and a beta of 0.67. The business has a 50-day moving average of GBX 215.19 and a 200 day moving average of GBX 223.49. Fonix Mobile has a fifty-two week low of GBX 175 ($2.28) and a fifty-two week high of GBX 270 ($3.51).

Fonix Mobile Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 1.59%. Fonix Mobile’s dividend payout ratio is currently 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.