Stargroup books robust half-year result (ASX:STL)

Company Name: Star Payment Systems

Announcement Date: 02/03/2017
Announcement Category: Team Update
Announcement Content:

Listed financial technology and ATM company Stargroup has reported a strong half-year result, featuring their best-ever revenue result of more than $4 million.

For the six months to December, the Perth-based company reported a 228 per cent surge in revenue, compared to the first half of 2016. The surge was largely driven by record revenues from the ATM network.


Announcement URL: https://www.businessnews.com.au/article/Stargroup-books-robust-half-year-result?utm_source=Business+News+Mailing+List&utm_campaign=d8cc70fca9-dba&utm_medium=email&utm_term=0_e5391356e5-d8cc70fca9-288636653
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]

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