14th Record Quarter of Revenue (ASX:STL)

Company Name: Star Payment Systems

Announcement Date: 19/07/2017
Announcement Category: Awards/recognition
Announcement Content:

Stargroup Limited (ASX:STL) ("Stargroup or the Company") is pleased to announce that it has achieved another record quarter of revenue, the 14th in a row, as highlighted below:

- 164% improvement in 2017 YTD total revenue compared to 2016 YTD total revenue
- 144% increase in 2017 Q4 total revenue compared to 2016 Q4 total revenue
- 103% improvement in 2017 YTD ATM revenue compared to 2016 YTD ATM revenue
- 12% improvement in Q4 ATM revenue over Q3 ATM revenue


Announcement URL: http://www.asx.com.au/asxpdf/20170714/pdf/43kmt8tstzbptl.pdf
About Star Payment Systems:

Financial technology company Stargroup Limited is the only ASX listed company deploying ATM machines in Australia and importantly, the only listed ATM company having a direct ownership interest in the manufacturer of its ATM technologies, namely NeoICP, a South Korean private company.

Stargroup Limited became the exclusive distributor of the cashPod ATM range including the recycler ATM, back office and payment technologies in Australia for the next 5 years on 7 August 2015.

Stargroup Limited, via its wholly owned subsidiaries, StarPOS and StarApps, is also an EFTPOS and payWave technologies provider and developer of the source code in its terminals via its 5 year distribution agreement with West International AB, a Swedish NASDAQ listed company, to distribute next generation EFTPOS payment terminals and solutions in Australian and New Zealand.

Go to Company Profile for: Star Payment Systems

Announcement Contact: [email protected]