A Dundee company that produces software which brings adverts and other content to ATM screens saw its revenues soar last year.
i-design Multimedia supplies software for ATM networks that enable marketing offers, coupons and advertising to be displayed.
The City Quay company’s turnover increased 28% to £6.7 million for the year ending December 31 2016, compared with £5.2m in 2015.
Pre-tax profit was £1.6m compared to £1m the previous year.
Director Jana Hile said third-party advertising offering up new revenue streams and personalised marketing was driving customer loyalty to network owners and banks.
Last year’s growth in sales was also a result of a major new international customer being secured.
Ms Hile said: “During the year the company secured an additional overseas client which, with additions from existing clients, took the number of licensed ATMs to 42,000; an increase of 5,000 on the previous year.
“The company continues to sell consultancy services and recognised revenues from both existing and new clients for these services.
“The number of ATMs available for third-party advertising increased by 4,000 to 14,000, including availability of ATMs from the UK banking client that was secured in 2015.”
i-design put the number of annual transactions available for advertising on the 14,000 ATMs at 1.45 billion.
The company generates revenue from advertising as well as through licence sales, maintenance fees and consultancy services.
The business held £726,000 in cash at the end of last year which it said would allow it to capitalise on short- and medium-term growth opportunities.
i-design was founded in 1991 by Duncan of Jordanstone graduate Ana Stewart, who grew the firm from a house in Newport, before floating it on the alternative stock exchange in 2007.
The company was then acquired by US cash machine giant Cardtronics Inc in 2013.
Ms Stewart resigned as a director of i-design in April.