Trade TransAct - TACT CFD

TransAct Company profile

About AGS Transact Technologies Limited

AGS Transact Technologies Limited is an integrated omni-channel payment solutions provider. It provides customized products and services comprising automated teller machines (ATM) and cash recycler machines (CRM) outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets. It segments include Payment Solutions, which comprises of ATM and CRM outsourcing and managed services, cash management services, Intelligent Cash deposit (ICDs), digital payment services which include toll and transit solutions, Fastlane, transaction switching services, services through point of sale machines and agency banking; Banking Automation Solutions segment comprises sale of ATMs and CRMs, currency technology products and self-service terminals and related services and upgrades; and Other Automation Solutions segment encompasses the sale of machines and related services to customers in the retail, petroleum and color segments.

Financial summary

BRIEF: For the fiscal year ended 31 March 2021, AGS Transact Technologies Limited revenues decreased 2% to RS17.97B. Net income decreased 34% to RS547.9M. Revenues reflect Revenue from operations decrease of 2% to RS17.59B. Net income also reflects Depreciation increase of 9% to RS1.35B (expense), Interest Exp-Net of Capitalized Interest increase of 8% to RS708.2M (expense), Dep of Fin Lease Right-of-Use Assets increase of 3% to RS1.12B (expense).