Cashbox narrows losses

Source: Cashbox

Cashbox (AIM:CBOX), the independent Automated Teller Machine ('ATM') installer and operator, announces its interim results for the six months ended 31 December 2007 (H1 07/08).

Highlights
  • Installed machines reach 1,820
  • Transaction revenues increased by 5% over H2 and 15% over H1 06/07
  • Gross profits increased and gross margin improved to 36%
  • Losses measured by EBITDA, operating loss, loss for the period, and loss per share all improved
  • Hanco litigation settled in October 2007 at a cost of £1.8m bringing the total settlement to £2.0m.
  • New funding of £1.0m in December 2007


Read the statement here:Download the document now 79.4 kb (PDF File)

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