NOV 0.00% 5.3¢ novatti group limited

Key take aways I took from this, for those that CBS watching:-...

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    Key take aways I took from this, for those that CBS watching:

    - Agreements with external parties for bank license funding remains the same (i.e. BC Invest funding agreement)
    - Management are in the view that we're in the home straight for banking license
    - Cross border payments and settlements are the best performing part of the business, but all areas are growing well
    - A "significant" amount of Novatti's current costs are related to covering banking license application costs
    - Focus on keeping costs at current levels (not decreasing costs) and then increase revenues, efficiency and margins to reach cash flow positive
    - "Good take up" of RKN customers for the integrative payment services that Novatti is offering
    - Potential Ethereum connection for AUD stablecoin (Second largest blockchain)



 
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