I'm not sure if these 'Processing Revenue' updates really help. Seems like shareholders don't care or don't understand.
1. Labelled 'price sensitive' on the ASX and reporting record highs: still no reaction in SP
2. Even 'old' shareholders (see above) don't understand it and explain it wrong. Transaction revenue and processing revenue are different names for the same thing: Transaction Processing Revenue (see half year report)
Perhaps Novatti should change the metric that they report and use more commonly used ones like Monthly or Annual Recurring Revenue (MRR or ARR). These broken down by business units would be great valuation guidance to the sharemarket. (and a good way to include the recent acquisition of Emersion in future reportings)
