Stargroup nails 12th record quarter in just two months (ASX:STL)

Company Name: Star Payment Systems

Announcement Date: 14/12/2016
Announcement Category: Awards/recognition
Announcement Content:

ASX listed financial payments player Stargroup’s extraordinary run of revenue growth has continued, with the company delivering its 12th consecutive quarter of record revenue after just two of the three months in the December quarter.

In an update to shareholders on Monday, the Perth-based company announced the continuation of its staggering run of quarterly revenue growth with revenues in October and November already outstripping revenues from July, August and September.

Driven by further organic growth, the company projected that final group revenues for the December quarter would beat the previous quarterly record by 30%, once the month of December was factored it.


Announcement URL: https://www.businessnews.com.au/article/Stargroup-nails-12th-record-quarter-in-just-two-months
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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