NOV 2.00% 4.9¢ novatti group limited

Honestly it's easy to loo at the 37% growth and think OH MAN IT...

  1. 1,016 Posts.
    lightbulb Created with Sketch. 85
    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
 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.001(2.00%)
Mkt cap ! $17.43M
Open High Low Value Volume
5.0¢ 5.0¢ 4.9¢ $15.54K 310.9K

Buyers (Bids)

No. Vol. Price($)
2 26388 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 217 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
5.0¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
5.0¢ 5.0¢ 5.0¢ 25643
Last updated 12.07pm 24/05/2024 ?
NOV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.