Fonix Mobile PLC - London-based mobile payment and messaging platform - Says it has had a ‘positive’ start to its financial year and is performing in line with expectations including strong income growth in the Republic of Ireland. Notes that it has continued to progress its planned investment in technology and sales, as it looks to expand its client base.

‘With high levels of repeating revenue, strong momentum in overseas markets and a growing pipeline of client prospects across all our markets and sectors, the board continues to be confident in the growth potential for Fonix for the rest of the financial year and beyond,’ the company says.

Current stock price: 190.00 pence

12-month change: up 17%

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