BPS Technology US operations expanding

Company News

by Jessica Ellerm


 
 
BPS Technology Limited (ASX:BPS) has announced its North American Bartercard operations grew by 50 percent in one month.
 
The company has reported opening six new franchises across the US, growing the current footprint to 18 franchises in total.
 
BPS has also indicated it achieved record levels of new monthly membership sales in August 2016, exceeding targets. 
 
The US Bartcard network now services 8 key states responsible for 25 percent of US economic output, and has its eye on continued expansion. 
 
BPS Technology reported a net profit of $7.4 million at 30 June 2016. 

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