Comments Criticisms Corrections welcome on the below thoughts …
As of 2024, Novatti has secured partnerships and client engagements with several significant entities across various industries. Notable clients include:
- QR Code Ordering Platform: Novatti partnered with a rapidly growing platform that supports QR code-based ordering in the hospitality industry, onboarding over 300 food and beverage merchants.
: A prominent wine distributor in Australia has integrated Novatti's digital wallet payment services, extending across 200+ retail locations nationwide.
: Novatti has expanded its collaboration with an existing fitness chain client, adding 46 new outlets to their payment acceptance platform.
- Education Sector: Novatti’s payment solutions have been integrated with a global education software provider servicing 33 universities across Australia and New Zealand. Additionally, a student union at a major university, with around 36,000 international students, is using Novatti's digital bill payment services.
These partnerships highlight Novatti's focus on integrating payment solutions across diverse sectors, driving their growth in the fintech space(Australian FinTech)(The Sentiment).
To estimate the possible annual revenue for Novatti from processing payments for the mentioned entities, we can make some educated assumptions based on industry standards for payment processing fees and typical transaction volumes.
1. QR Code Ordering Platform (300+ food and beverage merchants):
- Assumptions:
- Average transaction value: AUD 20
- Number of transactions per day per merchant: 100
- Payment processing fee: 1.5%
- Calculation:
- Daily transaction volume: 300 merchants * 100 transactions * AUD 20 = AUD 600,000
- Annual transaction volume: AUD 600,000 * 365 days = AUD 219 million
- Annual revenue to Novatti: AUD 219 million * 1.5% =AUD 3.29 million
2. International Wine Distributor (200+ retail locations):
- Assumptions:
- Average transaction value: AUD 50
- Number of transactions per day per location: 20
- Payment processing fee: 1.5%
- Calculation:
- Daily transaction volume: 200 locations * 20 transactions * AUD 50 = AUD 200,000
- Annual transaction volume: AUD 200,000 * 365 days = AUD 73 million
- Annual revenue to Novatti: AUD 73 million * 1.5% =AUD 1.095 million
3. Major Fitness Chain (46 new outlets):
- Assumptions:
- Average transaction value (e.g., membership fees): AUD 50
- Number of transactions per month per outlet: 500 (e.g., monthly memberships)
- Payment processing fee: 1.5%
- Calculation:
- Monthly transaction volume: 46 outlets * 500 transactions * AUD 50 = AUD 1.15 million
- Annual transaction volume: AUD 1.15 million * 12 months = AUD 13.8 million
- Annual revenue to Novatti: AUD 13.8 million * 1.5% =AUD 207,000
4. Education Sector (33 universities and 36,000 international students):
- Assumptions:
- Average tuition fee per student: AUD 20,000
- Payment processing fee: 1.5%
- Calculation:
- Annual transaction volume: 36,000 students * AUD 20,000 = AUD 720 million
- Annual revenue to Novatti: AUD 720 million * 1.5% =AUD 10.8 million
Total Estimated Annual Revenue for Novatti:
- QR Code Ordering Platform:AUD 3.29 million
- International Wine Distributor:AUD 1.095 million
- Major Fitness Chain:AUD 207,000
- Education Sector:AUD 10.8 million
Total:~AUD 15.39 millionannually.
These figures are rough estimates based on typical transaction values and volumes. Actual revenue could vary depending on the specific terms of Novatti's agreements with each client and any variations in transaction volumes or payment processing fees.
.
Cheers Anton
