AGM Statement
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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, comfortably in line with expectations, with strong income growth from new and existing media clients in both the UK and Ireland. This week will see Fonix once again power donations for BBC Children In Need for the tenth consecutive year.
The business has continued to progress its planned investment in both technology and exploring new international markets, as the business looks to expand its market reach whilst continuing to deliver new and enhanced products and services.
With high levels of repeating revenue and a strong, expanding 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.
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