Ann: Transactional Revenue Update, page-3

Transactional Revenues continue strong growth

Highlights

• • Financial transaction processing revenue for the quarter increased to $856k, giving an annualised run rate of approximately $3.5m
• • Comparing the September 2018 quarter to the September 2017 quarter gives growth of approximately 374% for the year

Novatti Group Limited (ASX:NOV) (Novatti or ‘the Company’), an online financial transactions processor and financial technology developer, is pleased to provide a financial update.

Transactional revenue has increased 16% from $736k to $856k (unaudited) over the September quarter, as a result of continued growth in its Flexepin, remittance services and Chinese payments.

From the September 2017 quarter to the September 2018 quarter, transaction processing growth was approximately 374%.

The Company expects transaction revenue to continue to strongly grow in FY19 supported by the addition of new payments services agreements that will commence revenues in the December quarter. "

• Another strong result, the growth curve continues!
• Also like that they're adding more revenue streams, and clearly no negative 'trade war' impacts.