NOV 3.53% 8.8¢ novatti group limited

Ann: Appendix 4C and Quarterly Update, page-12

  1. 1,016 Posts.
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    Honestly it's easy to loo at the 37% growth and think OH MAN IT WAS WAY MORE LAST Quarter
    but fundamentally speaking in an unbiased way
    - Payment processing up more from a QoQ and YoY basis and is and will be the main driver of the business moving forward
    - QoQ growth is 9% whereas it was 6% last quarter
    - Total sales has a lumpy element to it, whereas payment processing is a lot more stable
    - Even the 37% growth was achieved despite multiple new revenue streams only recently being deployed

    Good report tbh, will it spike on this? who knows, but fundamentally it's a stronger business.

    DYOR
 
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