NOV
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3.13% 3.3¢ novatti group limited

Ann: Transaction Revenue Update, page-4

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  1. Brett M H
    197 Posts.
    lightbulb Created with Sketch. 18
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    16/07/18
    09:34
    Post #: 34360974
    Yep - very nice continued strong growth!!

    This should really see NOV SP back in the high twenties / low thirties over the next week or two IMO.

    Highlights

    Financial transaction processing revenue for the quarter increased 49% to $736k, giving an annualised run rate of approximately $3m
    • Comparing the June 2018 quarter to the June 2017 quarter gives growth of approximately 600% for the year
    • Strong growth delivered as a result of increased demand for remittance services, Chinese payments, Flexepin and bill payments, expected to continue in FY19
    NOV Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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