Fonix Mobile (LON:FNX) Posts Earnings Results

Fonix Mobile (LON:FNX) issued its quarterly 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 Price Performance

FNX stock traded down GBX 7 ($0.09) during trading on Thursday, reaching GBX 176 ($2.29). 372,172 shares of the company were exchanged, compared to its average volume of 131,180. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17. The company has a market cap of £174.21 million, a P/E ratio of 16.31 and a beta of 0.67. The stock’s 50 day moving average price is GBX 215.19 and its 200 day moving average price is GBX 223.49. Fonix Mobile has a 52-week low of GBX 175 ($2.28) and a 52-week high of GBX 270 ($3.51).

Fonix Mobile Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be issued a dividend of GBX 2.90 ($0.04) per share. This represents a yield of 1.59%. The ex-dividend date of this dividend is Thursday, March 27th. Fonix Mobile’s dividend payout ratio is currently 64.86%.

About Fonix Mobile

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.