NOV 5.56% 3.4¢ novatti group limited

Novatti - The $1 party, page-4350

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    Also…

    ”A major part of this EBITDA position is driven by Novatti’s continued investment in its core technology platforms with a view to long-term profit uplift from automation and scaling efficiencies. All expenses for platform development costs are expensed.”

    I take this to mean that the company is fully expending product development costs as they incur them …. Not good for short term view as thus adversely impacts the EBITDA.

    cheers Anton
    i
    Last edited by Anton: 31/08/23
 
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