19 November
2024
Fonix plc
("Fonix"
or the "Company")
AGM
Statement
Positive start to new
financial year in line with expectations
Fonix, the mobile payments and
messaging provider, is pleased to provide the following update
ahead of the Company's Annual General Meeting ("AGM"), to be held
at 9:00a.m. today.
Fonix has had a positive start to the
financial year, in line with expectations, across both the UK and
Ireland. At the same time, the Company is progressing well with its
plans to roll out interactive services with a number of
broadcasters in Portugal in early 2025.
With high levels of repeating revenue
and a strong run-rate from key clients, the Board continues to be
confident in the growth potential for Fonix for the rest of the
financial year and beyond.
Enquiries:
|
Fonix plc
Robert Weisz, CEO
Michael Foulkes, CFO
|
Tel: +44 20
8114 7000
|
|
Cavendish Capital Markets Limited (Nomad and
Broker)
Jonny Franklin-Adams / Seamus Fricker
(Corporate Finance)
Sunila de Silva (ECM)
|
Tel: +44 20
7220 0500
|
About Fonix
Founded in 2006, Fonix provides
mobile payments and messaging services for clients across media,
telecoms, entertainment, enterprise and commerce.
When consumers make payments, they
are charged to their mobile phone bill. This service can be used
for ticketing, content, cash deposits and donations. Fonix's
service works by charging digital payments to the mobile phone
bill, either via carrier billing or SMS billing. Fonix also offers
messaging solutions.
Based in London, Fonix is a fast
growth business driven by blue chip clients such as ITV, Bauer
Media, RTÉ, Global Media, Comic Relief and Children in Need to name
a few.