Profitability EnhancementEBITDA margin should expand from operating leverage, shift of revenue from lower-margin hardware sales to higher margin outsourcing deals, and shift of some costs from operating expenses to capital expenses due to more full ATMaaS deals.
Revenue GrowthRevenue growth should improve due to increasing ATMaaS adoption, higher revenue per unit in the company’s owned ATM network (the Allpoint network), diminishing impact from declines in the Telecommunications & Technology segment and anniversary-ing the ending of contracts with NCR Voyix.
Strategic PositioningNATL is in a unique position to offer ATMaaS due to the combination of its internal ATM manufacturing, network of company-owned ATMs (the Allpoint network), and solid ATM software.