Fonix Mobile PLC - London-based mobile payment and messaging platform - Posts gross profit of £13.2 million for year ended June 30, up 17% from £11.3 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation rise by 16% to £10.3 million from £8.8 million. Says revenue and profit remain ‘comfortably’ in line with management’s expectations. Posts total payment volumes of mobile payments of £258.6 million, up 11% from £233.4 million in the previous year.

‘We’re hugely proud of our progress over the last year, successfully launching services in new territories and continuing to achieve record levels of profitability. We’re particularly delighted with the progress made in the Republic of Ireland to date and whilst a relatively small market, it provides us with an exciting blueprint for establishing a solid international strategy to expand into other new markets,’ Chief Executive Officer Rob Weisz says.

Fonix has launched interactive services with a ‘significant media broadcaster’ in the Republic of Ireland in the final few weeks of the financial year. Says its three business segments of payments, messaging and managed services have ‘each grown by at least 14% in the year, in line with expectations and the business retains a robust pipeline of prospects going into the next financial year’.

Says it intends to pay a final dividend in November this year.

Current stock price: 161.33 pence, up 5.4% on Thursday

12-month change: up 31%

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