NOV 2.56% 3.8¢ novatti group limited

With ATX included, I think another 'record quarter' is...

  1. 275 Posts.
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    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.
 
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