News
Preliminary Statement of Annual Results
29 September 2006Cashbox ( AIM:CBOX), the independent ATM deployer and operator, announces its maiden set of results for the year ended 30 June 2006.
Highlights
- Successful listing on AIM in March 2006, raising £4.5 million before expenses
- Turnover increased 25% to £3.16 million (2005 – 10 months: £2.53 million), an annual equivalent increase of 4.1%
- Turnover from transaction income increased 93.6% to £2.84 million (2005 – 10 months: £1.47 million), an annual equivalent increase of 61.3%
- ATM estate now at over 1,200 machines, up from 845 at 31 December 2005
- 96% of Cashbox's ATMs are trading above their breakeven point and 98% are available for use
- Significant agreements signed with Wadworth, Chevron/Texaco, among others
Commenting on the results, Carl Thomas, Chief Executive of Cashbox, said: "We are pleased with the progress that Cashbox has achieved over the last twelve months. The Company's successful listing on AIM in March has obviously provided us with a good platform for the future, however, it is the quality of our business model, strong market demand for our product and pragmatic commitment of our employees in delivering the very highest levels of service to our expanding customer base that has driven this business forward so successfully ."
"We hope that Shareholders will share the Board's satisfaction with our early achievements, and our confidence that with the potential offered by our markets and the quality inherent in our people, we view the next twelve months with considerable optimism."
The full results are available to view and download in PDF.For further information:
| Cashbox plc | |
| Carl Thomas, Chief Executive | Tel: +44 (0) 870 126 2274 |
| cthomas@Cashboxplc.co.uk |
| Seymour Pierce Limited | |
| Jeremy Porter, Corporate Finance | Tel: +44 (0) 20 7107 8000 |
| jeremyporter@seymourpierce.com | www.seymourpierce.com |
Media enquiries:
| Threadneedle Communications | |
| Josh Royston/Graham Herring | Tel: +44 (0) 20 7936 9606 |
E-mail this link to a friend
To e-mail this link to a friend, please complete the details below and click send.
