Webinar last years end of year report approximately (webinar),...

Webinar last years end of year report approximately (webinar), PC was asked about the pathway ti profitability and model for the future, from memory his response was-

August 2021 Approx-

Currently in Hyper growth phase & current recruiting team for expansion strategy- (went from 64-128) at the time.

Novatti to commence the banking business under the Novatti banner for approximately 3 years, whilst also diluting the SOI about 50%+ or so for the bank (whilst building the brand)

once the three year mark is completed, IBOA to separate to its own standalone entity whilst Novatti holding 20%-30% equity- IBOA possibly list as an ASX company.

Once complete SOI reduce and Novatti continue growth through to year 4

Year 5 profitability and dividends commencing (or working towards).

I know the above is vague but this is how I recall it- if anyone wants to add please do