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Fonix Plc (FNX) Fair Value & Analysis

Technology · GB · Market cap 151M GBX

FP Fonix Plc FNX · LSE
Price£1.49
Fair Value£2.15
Upside+44.8%
Quality95/100
Evidence: High Range £1.36 – £2.63

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price +0.3% over the past month.

Price vs Fair Value (12 months)

£2.02 £1.34 Fair Value £2.15 Jun 2025 Jun 2026

12‑month range £1.34 – £2.02 · fair‑value band £1.36 – £2.63 · the £1.49 price screens below the £2.15 fair value. As of Jun 24, 2026.

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Analysis

Fonix Plc (FNX) currently trades at £1.49, while our model-based Fair Value estimate is £2.15 — implying the stock looks roughly 44.8% undervalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Fonix Plc generated revenue of £76.4M at a net margin of 14.7%. Revenue grew 9.2% year over year. It earns a return on equity of 101.3%. The balance sheet holds a net cash position of £21.9M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 76.4M GBX
Revenue growth (YoY) +9.2%
Net margin 14.7%
Return on equity 101%
Free cash flow 8.3M GBX FY2025
P/E ratio 14.1
More key figures
Operating margin 18.2%
EPS (TTM) £0.1100
Dividend yield 5.7%
Net cash 21.9M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Fonix Plc provides mobile payments and messaging, and managed services for media, charity, gaming, e-mobility, and other digital service businesses in the United Kingdom and the rest of Europe. The company offers carrier, SMS, and voice billing services. It also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and user verification services. The company was formerly known as Fonix Mobile plc. and changed its name to Fonix Plc in August 2024. Fonix Mobile plc was incorporated in 2006 and is based in London, United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fonix Plc reported revenue of £72.8M in FY2025 versus £47.7M in FY2021, a compound +11.2%/yr. Reported net income was £11.1M in FY2025, compounding +16.4%/yr from FY2021.

Revenue +11.2%/yr
FY21 £47.7M
FY22 £53.6M
FY23 £64.9M
FY24 £76.1M
FY25 £72.8M
Net income +16.4%/yr
FY21 £6.1M
FY22 £8.0M
FY23 £8.8M
FY24 £10.6M
FY25 £11.1M

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Frequently asked questions

Is Fonix Plc (FNX) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £2.15 versus a price of £1.49 — about +45% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FNX?
Our 21-model fair value for Fonix Plc is £2.15 (as of Jun 24, 2026), built from audited fundamentals. The current price is £1.49.
What is the quality score of FNX?
Fonix Plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Fonix Plc (FNX)?
Fonix Plc reported trailing-twelve-month revenue of about £76.4M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of FNX?
The net profit margin of Fonix Plc is about 14.7%, meaning it keeps roughly 14.7% of revenue as net income. Based on the latest reported figures.
Does Fonix Plc pay a dividend?
Fonix Plc currently shows a dividend yield of about 5.73% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.