NOV 3.85% 5.0¢ novatti group limited

ATX acquisition, page-2

  1. 275 Posts.
    lightbulb Created with Sketch. 31
    With ATX included, I think another 'record quarter' is guaranteed.

    Roughly:
    Dec Qtr processing = $4.9 million
    + additional processing revenue, say $750k
    + non-processing revenue, say conservatively $0.9 million (same as last qtr)
    + 2.5 months of ATX at an annualised revenue of $3 million AUD = $625k
    = $7.3 million total revenue

    Which is +75% YoY quarterly increase, or +25% increase on last quarter by my rough calc.

    It will be interesting to see if
    (a) non-processing revenue is greater than $0.9 million (excl ATX)
    (b) ATX is greater than $625k - at at time of acquisition, from memory Peter C did talk about seeing "no reason why revenue from ATX couldn't keep growing at 60-70% per annum" (from memory).

    P.S. Screaming BUY at these prices.
 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.002(3.85%)
Mkt cap ! $17.78M
Open High Low Value Volume
5.1¢ 5.3¢ 5.0¢ $6.841K 134.8K

Buyers (Bids)

No. Vol. Price($)
1 37410 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 5933 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
NOV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.