News Articles for Stargroup

Perth based Stargroup's aggressive acquisition strategy in its ATM machine division appears to be paying off with the company staring at a 319% year on year revenue increase this quarter from its ATM division. The March quarter will be the first full quarter incorporating Stargroup's latest ATM machine network acquisition via Cash Plus Australia.

ASX listed ATM machine operator Stargroup's 19.25% investment in their Korean ATM machine supplier and manufacturer NeoICP, is now officially more than just a strategic tie up. NeoICP recently announced they had booked a AUD$1.9m profit (EBITDA) for the first 6 months of the 2016 financial year, blitzing last year's full year result of just $1.7m.

Aggressive ASX listed ATM machine operator Stargroup has booked its 8th record quarter on the back of a 50% jump in ATM machine revenues. The company also expects to finish this quarter with its 9th record quarter in a row, as the full impact of their recent acquisition of rival ATM machine operator Cash Plus Australia kicks in.

ASX listed ATM machine operator Stargroup, has officially doubled in size after completing a quality acquisition of a competitor's 104 machine ATM network. The company says its annual revenues will more than double as a result of the acquisition from $2.4m to $5m and its annual transactions will move from around 1 million per year to 2 million per year. Importantly, Stargroup says it will now be cash flow positive as a result of the marriage with Cash Plus Australia Pty Ltd.

Perth based ATM machine growth story Stargroup hasn't let the grass grow under its feet since inking a deal to merge with listed ATM company iCash earlier this year.

Perth based listed ATM machine operator Stargroup has struck an innovative deal to resell short term business loans to its EFTPOS customers, many of which are small businesses. As part of the deal Stargroup will also become the preferred EFTPOS supplier to First Class capital clients.

ASX listed ATM machine operator Stargroup today announced that its Australia wide ATM machine network had significantly outperformed key metrics in the month of October.

Perth based ASX listed ATM machine operator Stargroup has continued to disrupt the Australian ATM market by signing a 3 year contract to provide ATM machines for the Clipsal 500 motorsport event in

Disruptive Perth based ATM machine operator Stargroup has booked its seventh straight record quarter from its Australia wide ATM machine network.

Perth based ATM machine mover and shaker Stargroup continue to muscle in on the Australian ATM machine market with another acquisition.

Perth-based ATM machine operator Stargroup expects to return to the black after acquiring 109 ATMs from Cash Plus Australia for $6.5 million in cash and shares.

Korean ATM market leader books $AUD 1.7m profit.

Reciprocal ownership strategy with manufacturer creates competitive edge for Stargroup.

Major shareholder spends over $730k buying shares in Perth ATM play

Only ASX listed company to deploy ATM machines within Australia

ATM entreprenuer Todd Zani is back in business after an eight-month hiatus, and he's brought with him a new style of machine that could be a game-changer for the banking sector.

Perth-based unlisted ATM provider Stargroup is set to be bought out for an undisclosed amount by ASX-listed iCash Payment Systems, after iCash announced today it has signed a memorandum of understanding for the acquisition.