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Fast-growing arrival on AIM from 2020 is still looking good

Mobile phone transacting with Fonix

This fast growing new arrival on AIM from October 2020 has reported excellent results and still looks cracking value with an enticing dividend yield on top of the strong growth potential. Buy now while it's cheap!


Founded in 2006, with a track record of strong growth and profitability, Fonix Mobile (LON:FNX) is a UK focused mobile payments and messaging company.


For its last full financial year ending June 2021 (over a period when many businesses haver struggled) its team of 30 or so talented individuals based in London have grown revenues 19% to £47.7m and profits by 15% to just over £8.3m, resulting in an attractive operating margin of 17% and a near 160% return on equity. …

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