Business
Interim Results
Interim Results.
About this update from Fonix Plc
[{"type":"text","content":"\n\n 18 March 2025\nFonix plc\n(\"Fonix\" or the \"Company\")\nInterim Results for the six months ended 31 December 2024\nDriving Growth Through Innovation and International Expansion\nFonix, the UK focused mobile payments and messaging company, is pleased to announce its unaudited interim results for the six months to 31 December 2024 (the \"Period\").\nFinancial Highlights\n\n\n\n\n\n\n\nH1 FY25\n\n\nH1 FY24\n\n\nChange\n\n\n\n\nGross profit\n\n\n£9.8m\n\n\n£9.2m\n\n\n+6.5%\n\n\n\n\nAdjusted EBITDA1\n\n\n£7.8m\n\n\n£7.3m\n\n\n+6.8%\n\n\n\n\nInterim DPS\n\n\n2.90p\n\n\n2.60p\n\n\n+11.5%\n\n\n\n\nAdjusted PBT2\n\n\n£7.8m\n\n\n£7.4m\n\n\n+5.4%\n\n\n\n\nAdjusted EPS3\n\n\n6.2p\n\n\n5.7p\n\n\n+8.8%\n\n\n\n\nUnderlying cash at period end4\n\n\n£11.0m\n\n\n£11.2m\n\n\n-1.8%\n\n\n\n\n \n \nOperational Highlights\n· Fonix has secured contracts with each of the major mobile network operators in Portugal, marking a significant milestone in its international expansion. A strategic partnership with NOS, one of Portugal's leading telecom providers, further strengthens the Company's market presence and enables the delivery of the Campaign Manager product to NOS' extensive network of broadcast customers.\n· In the UK, interactive services have been launched with News UK across its talkSPORT and Virgin Radio brands, reinforcing relationships with major media partners.\n· Fonix has signed a two-year agreement with Bauer to remain its exclusive provider of premium SMS services in the UK, underscoring the strength of Fonix's partnership with key customers.\n· The Company's product portfolio has expanded with the launch of two innovative solutions designed to unlock new revenue opportunities from existing customers from early summer 2025:\n○ PayFlex: A cutting-edge tool that recovers failed mobile payments by integrating Apple Pay, Google Pay, and PayPal.\n○ DonationPortal: A dedicated solution for charities, offering branded donation pages, streamlined Gift Aid processing, and real-time analytics to enhance donor engagement.\n· Investment in organic international expansion is accelerating, with early discussions underway with mobile operators and broadcasters across...