Fonix Mobile (LON:FNX) Releases 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 Stock Performance

Shares of FNX opened at GBX 175.98 ($2.29) on Thursday. 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 cap of £174.19 million, a PE ratio of 16.31 and a beta of 0.67. The company’s 50 day simple moving average is GBX 215.19 and its 200-day simple moving average is GBX 223.49. Fonix Mobile has a 12-month low of GBX 175 ($2.28) and a 12-month high of GBX 270 ($3.51).

Fonix Mobile Cuts Dividend

The firm also recently announced 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 of this dividend is Thursday, March 27th. This represents a dividend yield of 1.59%. 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.