Revenue of $66.0 million, up 9% on a reported basis and up 20% in functional currency vs. prior year quarter, driven by segment revenue increases of 26% in.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1.
The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs.
Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore.
Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
Fourth Quarter Revenue of $78.6 million represented a 17% increase over prior-year period, with growth of 42% in Gaming, 36% in Virtual Sports and 9% in.
Increases in Revenue and Adjusted EBITDA on a functional currency basis highlight strength in operating results Total Revenue of $74.9 million and Net Income.