Global Axcess Corp. (GAXC.OB)
Interview with:
David Fann, President
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their
ATMs, turnkey ATM management solutions, network-based electronic commerce and transaction processing.

 

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Global Axcess currently owns and operates over 3500 ATMs in its national network spanning 42 states and provides proprietary branding and processing for over 70 financial institutions

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Technology
Computer Services
(GAXC.OB)

Global Axcess Corp.


David Fann
President

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
September 8, 2005



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“The market in the U.S. is growing at about 5% per year, but we are growing faster than that; we are growing organically at 15 or 20% per year. We also grow through acquisitions with consolidation going on in our industry. We acquired through companies last year almost eighteen hundred ATMs and have doubled the size of our company last year. This year, we announced our first acquisition of over fifteen hundred ATMs. We will continue our pace of the last three years, which is top-line growth of 40% in profit, and is doubling each year for the last three years and will continue this year and on into the next. Our theory is to grow this thing 40% a year, but while we are doing it, we are going to double the profits each year and we have been able to maintain that growth.” - David Fann

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