Fonix mobile - LON:FNX
A mobile payments and messaging platform, it has 100+ clients including Bauer Media (Kiss, Magic, Planet Rock, etc), ITV and BT
Cloud based platform
Profitable, growing at a good rate: EPS 2019 3.54p , 2020 6.03p (PE 23.2), 2021 forecast 6.79p (PE 20.6), 2022 forecast 7.59p (PE 18.4)
A growth stock, well priced, even a 2021 forecast of a 3.64% dividend; no debt, strong cash position.
Thinking of this. Thoughts anyone? 
*I hold this and this isn’t an investment advice
Pretty boring company but it’s good to have such ones in one’s portfolio.
Their product offerings:
Premium SMS billing - Eg. Voting and competitions
Direct Carrier Billing - Eg. Enables buying digital content and ticketing
Voice - Eg. TV competitors X-Factor etc.
Messaging - SMS, one time passwords etc.
The top three account for 86% of their profit.
Bull case
-They have shown good levels of growth in revenue and profit
-plan to pay a dividend
-are cash generative
-have no debt
-management still have a stake in the business
-their customers seem to be loyal
-Growth strategy includes expanding internationally
Bear case
-They have over 100 customers but their top 10 customers make up 82% of the total payment value. If a major customer is lost, that will potentially impact the bottom line by a material amount. However, it’s worth noting that, to date, they have never lost a major customer.
Thank you hydrogen 
May I ask where does one find such information and put this together to make an investment decision?
No worries.
It’s all there:
-company website
-Investor relations
-Companies issue trading updates from time to time so subscribe to this on sites such as Investigate
Your own research on the companies products, their USP/IP, market competition etc. should be done before any investment.
This share has just gone up about 50%. I can’t see an rns. Any clues what the reason is? Thanks