Brief: Fonix Mobile Sees FY Adj EBITDA To Be Comfortably Ahead Of Management Expectations

Fonix

25/01/2022 07:25

Jan 25 (Reuters) - Fonix Mobile PLC  FNXF.L :
    * FONIX MOBILE PLC - GROSS PROFIT AND ADJUSTED EBITDA IN H1
FY21
HAVE GROWN AHEAD OF MANAGEMENT'S EXPECTATIONS
    * FONIX MOBILE PLC - BOARD NOW EXPECTS ADJUSTED EBITDA FOR
YEAR
ENDING 30 JUNE 2022 TO BE COMFORTABLY AHEAD OF MANAGEMENT
EXPECTATIONS
    * FONIX MOBILE PLC - CONTINUES TO GENERATE STRONG UNDERLYING
CASH
FLOWS AND INTENDS TO PAY AN INCREASED INTERIM DIVIDEND IN MARCH
2022
    * FONIX MOBILE PLC - HY ADJUSTED EBITDA(1) IN PERIOD GREW BY
20%
TO £5.5M (H1 FY21: £4.6M).

Source text for Eikon:  ID:nRSY4304Za 
Further company coverage:  FNXF.L 

 ((Reuters.Briefs@thomsonreuters.com;))