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Novatti Group ( (AU:NOV) ) has shared an update.
Novatti Group Limited announced a significant milestone in its turnaround strategy by achieving a positive cash EBITDA of $100k for Q3 FY25. The company reported record quarterly revenue of $13.4 million, an 18% year-over-year increase, and improved margins in its core Payments AU/NZ business. The brand refresh has begun generating new inbound leads, and the company is focusing on securing larger commercial opportunities to drive growth.
More about Novatti Group
Novatti Group Limited is a leading fintech company that enables businesses to pay and be paid. The company focuses on providing payment solutions primarily in the Australian and New Zealand markets.
YTD Price Performance: 3.75%
Technical Sentiment Signal: Sell
Current Market Cap: $9.07M
Find detailed analytics on NOV stock on TipRanks’ Stock Analysis page.