In today’s trading update, Fonix has announced H1 23 gross profit and adjusted EBITDA growth of +12% to £7.8m and £6.2m, and it is trading comfortably in line with our unchanged, conservative FY23 forecasts for +8% gross profit and adjusted EBITDA growth to £14.3m and £11.1m. The platform has demonstrated robust growth through the challenging economic environment and a temporary slowdown in trade following the passing of HM the Queen in September, with strong growth from the core payments and me ....
