BDO acted as reporting accountant for the AIM IPO of Fonix Mobile Plc.
Fonix, is a UK focused mobile payments and messaging company enabling businesses to charge users’ mobile bills and send users SMSs via their Carrier. Fonix has over 100 Clients including Bauer Media, BT, Global Radio and BBC Children In Need.
Fonix’s growth strategy is based on increasing the number of transactions that occur on the platform, with content and services provided from both existing and new Clients. The Fonix platform and products are highly scalable with significant capacity for expansion in growing markets, not just with new Client wins but also through upselling to existing Clients and product development.