NOV 0.00% 4.1¢ novatti group limited

very debatable to say sales are increasing when YoY quarterly...

  1. 269 Posts.
    lightbulb Created with Sketch. 68
    very debatable to say sales are increasing when YoY quarterly growth in revenue is -6% and YoY quarterly growth in cash receipts from customers is like 2%

    if we look at entire financial year numbers:
    2022FY sales revenue: 32.5m
    2023FY sales revenue: 39.3m

    at least this shows ~20% growth, but this is only because we acquired ATX half way through FY22.
    ATX was making about $3.5m sales revenue per quarter when we purchased it,
    so if you added 2 quarters worth to the 2022FY to make it a more even comparison you’d get:

    2022FY: 39.5m
    2023FY: 39.3m

    so basically, organic growth is sweet F#%k all.
    what a shit year for the core business. Only good things that happened were RKN and getting the RADI.
 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
0.000(0.00%)
Mkt cap ! $14.58M
Open High Low Value Volume
3.9¢ 4.1¢ 3.8¢ $12.44K 316.8K

Buyers (Bids)

No. Vol. Price($)
1 540439 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 14540 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
4.1¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
4.0¢ 4.1¢ 4.0¢ 34875
Last updated 14.55pm 14/06/2024 ?
NOV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.