ASX-listed payments leader Novatti’s half yearly revenue exceeds $26 million
ASX-listed payments leader Novatti Group have announced their half yearly results with revenue reaching $26.2 million, up 22.3% year on year.
Novatti’s turnaround strategy continues as revenue increases and expenses decrease
Novatti’s Q2 FY25 results highlight how the business is closing in on a significant turning point, following the implementation of a turnaround strategy since the beginning of FY24.
Novatti Group announce quarterly revenue up 13% to $12.9 million
Novatti’s revenue increased to $12.9 million in the September 2024 quarter, up 13% on a preceding quarter basis.
Novatti completes tranche 1 of its share placement
Novatti Group have announced the completion of tranche 1 of its share placement as part of the company’s capital raising of up to $9.4 million.
Novatti announce capital raising initiative to raise up to $9.4 million
ASX-listed Novatti Group Limited, a leading fintech enabling businesses to pay and be paid, have announced a capital raising initiative to raise up to $9.4 million.
Novatti announce turnaround progress clear as full year revenue exceeds $42 million
ASX-listed fintech leader Novatti Group’s full year results for FY24 are starting to see its turnaround progress focus on cash flow making a deeper impact on the business.
Novatti’s turnaround measures deliver 41% reduction in quarterly cash use
Novatti’s results have started to show the impact of all the initiatives that have been undertaken as part of its turnaround strategy, implemented at the start of FY24.
Novatti to sell all of its interest in International Bank of Australia for $2.87 million
Novatti have entered into a binding agreement with Eurus Capital for the sale of 100% of its shares in International Bank of Australia for $2.87 million.
