NOV
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2.70% 3.8¢ novatti group limited

I like Novatti and am interested in investing. I have a few...

  1. samkeil
    420 Posts.
    lightbulb Created with Sketch. 28
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    07/03/22
    10:58
    Post #: 60026207
    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
    NOV Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.8¢ 		Change
0.001(2.70%) 		Mkt cap ! $13.51M
Open High Low Value Volume
3.7¢ 3.8¢ 3.7¢ $23.85K 639.6K

Buyers (Bids)

No. Vol. Price($)
1 80000 3.7¢
 

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Price($) Vol. No.
3.8¢ 38627 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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