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Novatti Group Limited (ASX:NOV)

ALERT: Price-sensitive ASX Announcement for NOV
Current share price for NOV : $0.016 -0.009 (-36%)+
Announcement
Release
29 Apr 2026 8:55AM
Price at Release
$0.025
Full Release
download
Summary
Novatti Group Limited's recent quarterly report highlights a robust performance in its Payments AU/NZ segment, with a 4% increase in revenue and significant improvements in margins and EBITDA. The company has secured important commercial partnerships to expand its digital and card products, while preparing to address minimal impacts from upcoming regulatory changes by the Reserve Bank of Australia. Despite a slight operating cash deficit in the quarter, Novatti has sustained positive cashflows on a normalized basis for three quarters and has made significant strides in improving its group margin.
Key Points
  • Novatti Group Limited reported a 4% QoQ revenue increase in its Payments AU/NZ segment.
  • The company saw a 12% QoQ margin increase, driven by the Issuing business.
  • Novatti achieved a 29% QoQ EBITDA increase in its Issuing business.
  • New commercial deals were secured, including partnerships with a digital payment platform and a major international airline.
  • Novatti plans to address regulatory changes due to the Reserve Bank of Australia's review.
  • Despite a -$0.4m operating cash in Q3, the company maintained positive normalized operating cashflow in three consecutive quarters.
  • The Group's margin improved to 51% in Q3 FY25 from 31% YoY.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.