Company Name: Star Payment Systems
Announcement Date: 07/11/2016
Announcement Category:
Announcement Content:
Stargroup Limited (ASX : STL) (“Stargroup or the Company”) is pleased to announce that once again it
has delivered a record month of group revenue in October. The Company is now well on its way to
delivering another record quarter of revenue, the 12th in a row.
The Company’s ATM hardware and software sales division, namely StarATM Pty Ltd, had a record
calendar revenue month, with revenues of $646,277, which easily eclipsed the 2016 full year revenue
result of $150,149. The actual revenues year to date are now $818,779 which is a 445% increase on
the full year result from 2016.
Announcement URL: http://clients3.weblink.com.au/pdf/STL/01798745.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]
