News

Ezeatm releases earnings numbers

October 11, 2012

Perth, Australia-based Ezeatm Ltd. has released its annual report for the year ended June 30, 2012. Financial performance over the last six months was in line with expectations, the company's board said. The EBITDA was $2,262,774 (US$2,317,533) and the net profit after tax was $744,085 (US$762,092).

In the first half of 2012, the business moved forward toward goal of national expansion, with 156 new sites signed and 54 existing sites re-signed to longer terms. (In the three months since the company's year end, Ezeatm has added 89 new sites; 20 existing sites have been re-signed to longer terms.)

Since its listing on the Australian Stock Exchange one year ago, the company has expanded its total number of sites from 86 to 1,862 sites today — a growth rate of 2,165 percent, the company said.

"It has been a very successful first 12 months as a public company," said CEO Todd Zani. "We have expanded from being principally a Western Australian-based ATM Company to now being the largest ASX listed ATM deployer."

In the past year, the company has executed a processing agreement with First Data, expanded its distribution agreement with ATM hardware and software producer NeoICP in Korea, and signed an exclusive 4-year agreement to supply hardware and software to ASEAN ATMs, an Indonesian Company based in Jakarta.

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