Novatti Reports Adjustments; Cash Balance Stable

Novatti Group Ltd. (AU:NOV) has released an update.

Novatti Group Limited has announced amendments to its preliminary financial report, which include non-cash adjustments for share-based payments and directors’ fees, with the overall cash balance remaining unaffected at $9.5 million. The company’s revised figures reflect a minor increase in loss after tax to $21.328 million. The Board asserts that these changes have no material impact on the company’s future financial performance or position.

For further insights into AU:NOV stock, check out TipRanks’ Stock Analysis page.