The acquisitions made by listed financial technology and ATM company Stargroup Limited over recent years are beginning deliver - although shareholders will need to wait for at least another half year to see a profit. In a statement to the ASX, Stargroup disclosed a loss for the half year ended 31 December 2016 of A$1.5 million, reversing the $619,000 profit booked in the second half of 2015Nevertheless, the directors' report asserted that Stargroup was heading towards long-term profitability, as its various acquisitions are bedded down and economies of scale take effect.Todd Zani, Stargroup CEO and executive chairman, pointed out that "if not for a number of one off costs in the first half this would have been our first positive EBITDA result."Some of these included the costs associated with capital raising and settlement of the Cash My ATM network on 4 July, the establishment costs of Stargroup's new $15 million cash convenience facility with Goldfields Money and, more recently, the costs associated with upscaling of the business as part of the Indue ATM businesses acquisition.The were shown as an $879,966 "discount on acquisition" of iCash Payment Systems Limited and a "revaluation increment of $809,280 for the company's investment in Korean ATM maker NeoICP, respectively.