GAXC reported their Q4/ Year End 2009 results yesterday after the close and also had their conference call this morning.  I’m not going to get into Q4 results that much because you can read it for yourself.  I was paying more attention to guidance, RP (request for proposal count) for ATM and DVD, and any [...]

-Quarterly Revenue, Gross Profit, Gross Margin and Net Income Increase -
-Record Net Income for the Year of $2.8 Million Included Recognition of Deferred Tax Assets of $1.3 Million; Net Income Excluding Tax Benefit is a Record $1.5 Million -

Global Axcess Corp (OTC Bulletin Board: GAXC; the “Company”), an independent provider of self-service kiosk solutions, today [...]

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Global Axcess (GAXC) will be reporting their Q4 2009 earnings next week.  The numbers shouldn’t be surprising as it should be close to what they did in Q3 2009 even [...]

Companies Agree to 28-Day Window for DVD and Blu-ray Titles
BURBANK, Calif. & OAKBROOK TERRACE, Ill., Feb 16, 2010 (BUSINESS WIRE) — Warner Bros. Home Entertainment Group and redbox today announced a new multi-year distribution agreement that will make Warner Bros. new [...]

Redbox DVD kiosks are gaining significant traction with revenue jumping 73 percent in the fourth quarter and accounting for the bulk of Coinstar’s 2009 revenue.
Coinstar, which owns Redbox, has parlayed its distribution with grocery stores and other outlets into a boon for the Redbox kiosks. CoinStar, which made its name by presenting its green coin [...]

NCR ($2 Billion Mkt Cap)manages ATM’s and is also rolling out DVD Kiosks.   NCR is trading at 20x forward EPS.  Wait a minute….that’s exactly what GAXC ($20 Million Mkt Cap) is doing and it is trading at 6-7x forward EPS.  Once GAXC rolls out a material number of DVD kiosks 400-500, I believe it will [...]

2010 Guidance Provided; Revenue Growth of 2% to 5%; GAAP Earnings Per Share of $0.41 – $0.51
Baird analyst Reik W. Read upgraded NCR to “Outperform” from “Neutral” and raised his target price to $17 from $12.
My Comment: NCR at $12/share is trading at 20-30x FY 2010 EPS estimate. GAXC is trading at 7x [...]

- Macpherson’s proven experience with DVD and other consumer self-service kiosks strengthens aggressive Global Axcess initiative -
JACKSONVILLE, Fla., Jan. 26 /PRNewswire-FirstCall/ — Global Axcess Corp (OTC Bulletin Board: GAXC; the “Company”), an independent provider of self-service kiosk solutions, today announced that industry veteran Michele Dundas Macpherson has been retained as a consultant for driving demand [...]

Blockbuster moved even closer to BK  after forecasting a ~$200m net loss for the year.  This further illustrates the the turn in dvd distribution from brick and mortar to kiosk.  Redbox also announced that they will be taking a second pound of flesh out of the wounded Blockbuster by rolling out video game kiosks.  I [...]

I’m a fan of round lots, so I bought a few thousand more shares last week which also brought my stake up to 4% of the company.  I continue to believe this quarter (Q1 2010) is going to be a big one for the company as the DVD kiosk initiative gets launched.  Currently, their ATM [...]