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Findi Wins $80M Contract to Deploy 900 ATMs for Union Bank of India
5:28pm on Sunday 1st of June, 2025 AEST
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Financial Services
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Findi Wins $80M Contract to Deploy 900 ATMs for Union Bank of India
5:28pm on Sunday 1st of June, 2025 AEST
Key Points
900 new ATMs to be deployed across India within six months
Contract valued at A$75–80 million revenue and A$33–38 million EBITDA over 7+1 years
Expected annualised revenue boost of A$10–11 million and EBITDA of A$4.5–5 million
Capital expenditure of approximately A$12 million with an 18% IRR expected
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