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08/1/14 - $278.00
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foneworx holdings ltd (FWX) Details

FoneWorx Holdings Limited, an investment holding company, provides interactive telecommunication, switching, and business services primarily in South Africa. It operates through three segments: BizWorx, MediaWorx, and Development. The company offers unified communication services for individuals, small offices/home offices, small/medium/micro enterprises, and corporates to manage their communications. Its unified communication services include business applications, such as Fax2Email, auto receptionist, airtime purchase, interactive voice response (IVR), multimedia services (MMS), instant messaging (IM), conference call, call centre, email, consulting, unstructured supplementary service data (USSD), short message services (SMS), Email2Fax, authenticated mobile transactions, mobi sites, and bespoke services. The company also provides information and entertainment services, such as SMS, MMS, USSD, vmail, IVR, IM, call centre, fulfillment, and bespoke services to advertising agencies, fast moving consumer goods companies, and corporates; and fulfillment services, including promotions, chat services, mobile commerce, coupons, club services, research, surveys, bulk communications, and Web applications. In addition, it develops IDWorx application that offers document storage, medical record storage, personal information update, reminder service, medical alert service, general alerts, electronic document distribution, password storage, credit profile change alert, identity theft restitution, and barcode identification services; CarbonWorx, a card-based application for the restoration of eco systems; and DRWorx application that provides back-up and disaster recovery services for clients in the advent of fires, floods, telecommunication, or electricity interruptions. The company was formerly known as Interconnective Solutions Limited and changed its name to FoneWorx Holdings Limited in December 2006. FoneWorx Holdings Limited is headquartered in Randburg, South Africa.

76 Employees
Last Reported Date: 02/28/14

foneworx holdings ltd (FWX) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R3.6M
Financial Director, Director and Member of So...
Total Annual Compensation: R2.2M
Sales Director and Executive Director
Total Annual Compensation: R1.9M
Compensation as of Fiscal Year 2013.

foneworx holdings ltd (FWX) Key Developments

FoneWorx Holdings Limited Announces Executive Changes

In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, Mr. Stefan Kleynhans has been appointed as FoneWorx Holdings Limited's company secretary with effect from February 27, 2014, replacing Mr. Pieter Scholtz, the Financial Director, who will no longer be fulfilling the role of company secretary. Mr. Kleynhans is currently the Legal and HR Manager of FoneWorx and is an advocate of the High Court of South Africa. He was previously a Member of the Johannesburg Bar.

FoneWorx Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2013

FoneWorx Holdings Ltd. reported unaudited consolidated earnings results for the six months ended December 31, 2013. For the period, the company reported revenue of ZAR 63,279,000 compared to ZAR 47,897,000 a year ago. Operating profit was ZAR 16,560,000 compared to ZAR 14,948,000 a year ago. Profit before tax was ZAR 19,006,000 compared to ZAR 17,202,000 a year ago. Profit attributable to the equity holders of the parent company was ZAR 13,434,000 or 9.88 cents diluted earnings per share compared to ZAR 12,210,000 or 8.98 cents diluted earnings per share a year ago. Headline earnings were 9.88 cents per share against 8.98 cents per share a year ago. Cash flow from operating activities was ZAR 14,529,000 against ZAR 11,803,000 a year ago. Purchase of property, plant and equipment was ZAR 616,000 against ZAR 428,000 a year ago. Expenditure on product development was ZAR 1,439,000 against ZAR 2,960,000 a year ago. Net tangible asset value per share was 84.46 cents compared to 77.36 cents a year ago.

FoneWorx Holdings Ltd., Annual General Meeting, Nov 21, 2013

FoneWorx Holdings Ltd., Annual General Meeting, Nov 21, 2013., at 10:00 South Africa Standard Time. Location: FoneWorx House, Corner Bram Fischer Drive and Will Scarlet Road (entrance on Will Scarlet Road).


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