.. stock prices rarely reflect the true value of companies -...

.. stock prices rarely reflect the true value of companies - Warren Buffett. In the case of Novatti, it is clearly mispriced based on fundamentals as often demonstrated through the high level analysis undertaken by Steve10 and moreover the most recent valuation by Emerald Financial from last month.

The company was growing organically at circa 50% YOY prior to the significant increase in staffing levels which is going to further accelerate growth, as referenced by Peter Cook in his most recent interview when he touched on the expansion of their sales function. On top of this, Novatti now receives $1.35M of annual dividend payments due to its 19.9% stake in Reckon and will also be adding $3m of additional revenue from the acquisition of ATX.

When factoring in a various entities within Novatti's ecostsyem which could potentially be listed as standalone entities in the future, Novatti offers investors a unique value proposition.