Exhibit 12.1

CARDTRONICS, INC. AND SUBSIDIARIES
RATIOS OF EARNINGS TO FIXED CHARGES
(In thousands)

	Years Ended December 31,
	2007			2006			2005			2004			2003
EARNINGS:
(Loss) income before income taxes and cumulative effect of accounting changes	$	(22,454	)	$	(19	)	$	(3,688	)	$	9,381		$	5,288
Minority interests		(376	)		(225	)		15			19			—
Fixed charges (as outlined below), less preferred dividends (a)		33,079			26,914			20,202			8,072			4,098
Total earnings, as defined	$	10,249		$	26,670		$	16,529		$	17,472		$	9,386
FIXED CHARGES:
Interest charges (b)	$	31,164		$	25,072		$	22,426		$	5,235		$	2,157
Less: Write-off of unamortized debt issuance costs (c)		—			(534	)		(5,038	)		—			(13	)
Plus: Interest component of rental expense		1,915			2,376			2,814			2,837			1,954
Plus: Preferred dividends (d)		—			—			1,770			3,735			3,314
Plus: Total fixed charges, as defined	$	33,079		$	26,914		$	21,972		$	11,807		$	7,412
Ratio of earnings to fixed charges		N/A			N/A			N/A			1.5	x		1.3	x
Amount of earnings insufficient to cover fixed charges	$	22,830		$	244		$	5,443			—			—

(a)	Excludes preferred dividends as such amounts were not deducted in arriving at the (loss) income before income taxes and cumulative effect of accounts changes amounts reflected above.
(b)	Includes the amortization of debt discount and the amortization and write-off of debt issuance costs.
(c)	Amounts included in the interest charges line above. As such, it is backed out separately from the computation of fixed charges.
(d)	Amounts have been grossed-up at the Company’s effective tax rate for each applicable period.