Everything about NOV screams "solid / dependable / consistently growing" to me.
Not long now IMO before the market works it out too.
Announcement is below:
ASX Announcement 23 January 2020
Transaction Processing Revenue grows 45% YOY in Dec quarter to $1.55m
Highlights
• Financial transaction processing revenue increased to $1.55m for the December quarter, up 45% YOY1
Novatti Group Limited (ASX:NOV) (Novatti or ‘the Company’, an online financial transactions processor and fintech developer, is pleased to provide a financial update.
Transactions revenue has increased from $1.16m to $1.55m (unaudited) over the December quarter across Novatti's range of payment processing services.
From the December 2018 quarter to the December 2019 quarter, growth in transaction processing was approximately 45%.
‘Growing Novatti’s core transaction processing business remains a key focus for our team and we expect strong revenue growth to continue here in FY20.
From a strategic point of view, this is welcomed, as we believe many of Novatti’s existing transaction processing customers will be primary customers for future banking services, aiding broader growth for the company’, noted Peter Cook, CEO of Novatti.
NOV Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
, an online financial transactions processor and fintech developer, is pleased to provide a financial update.
