Business
Fonix : Interim Report FY26
Fonix : Interim Report
About this update from Fonix Plc
17 March 2026 Fonix plc ("Fonix", the "Group", or the "Company") Interim Results for the six months ended 31 December 2025 Strong H1 performance with continued delivery of innovation and European expansion Fonix, the UK focused mobile payments and messaging company, is pleased to announce its unaudited interim results for the six months to 31 December 2025 (the "Period"). Financial Highlights H1 FY26 H1 FY25 Change Gross profit £10.5m £9.8m +7.1% Adjusted EBITDA1 £8.3m £7.8m +6.4% Interim DPS 3.10p 2.90p +6.9% Adjusted PBT2 £8.0m £7.8m +2.6% Adjusted EPS3 6.2p 6.2p +0.0% Underlying cash at period end4 £9.2m £11.0m -16.4% Operational Highlights · International expansion: In Portugal, engagement with additional major broadcasters is progressing well, reflecting growing momentum in the market. Fonix launched services in the country in late September with a leading national broadcaster, and the launch has delivered encouraging early traction, supported by Fonix's sector expertise and solutions tailored to local market dynamics. Portugal represents Fonix's second European market launch, following its successful expansion into Ireland. A pilot of interactive services is now live with a leading broadcaster in a third European market, representing the first offering of its kind in that country. The pilot remains at an early stage, and the Board will provide a further update as it progresses and additional data becomes available. Fonix has commenced expansion into a fourth European market, a large and well-established territory with a mature interactive services ecosystem and significant scale potential. During the period, the Group established a local presence, incorporating a legal entity and appointing its first in-country hire, alongside the addition of further industry and market expertise within the wider Group to support market entry and customer engagement. Engagements with major mobile network operators and leading broadcasters are progressing positively, with service launch targeted for FY27. Product progress: Campaign Manager:A number of infrastructure enhancements were delivered during the period, including upgrades to the Winner Picker functionality to manage increased peak-time volumes, support for additional time zones to facilitate international expansion, and broader code base improvements to enhance resilience, scalability and long-term maintaina...