NOV 2.60% 7.9¢ novatti group limited

Ann: 31 December 2021 Half Year Presentation, page-10

  1. 422 Posts.
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    I like Novatti and am interested in investing. I have a few shares already.
    Is anyone else concerned with these two items concerning profitability.
    It seems to show that the direct services fees have increased proportionately (and quite significantly) to revenue.
    Normally in a fintech I would have thought that these should be going down with economies of scale.
    Does this not means their profitability is getting more expensive?
    Anyone have any insights here?
    IMO DYOR

    https://hotcopper.com.au/data/attachments/4147/4147977-b4c54bd5ab97b8a5762f74d8f39745e1.jpg
    Last edited by samkeil: 07/03/22
 
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