Fonix Mobile (LON:FNX) Releases Earnings Results

Fonix Mobile (LON:FNX) issued 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 Price Performance

Shares of LON:FNX opened at GBX 190.90 ($2.48) on Tuesday. The company’s fifty day moving average is GBX 216.58 and its two-hundred day moving average is GBX 224.23. The company has a market cap of £188.95 million, a P/E ratio of 17.69 and a beta of 0.67. Fonix Mobile has a 12-month low of GBX 189 ($2.45) and a 12-month high of GBX 295 ($3.83). 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 Cuts Dividend

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