NOV
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3.13% 3.3¢ novatti group limited

Can someone help me understand what is the core source of...

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  1. 5hareholder
    6,294 Posts.
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    03/02/18
    17:47
    Post #: 30796714
    Can someone help me understand what is the core source of revenue here?

    I see $16M in manufacturing costs for flexi-pin for next quarter. I'm also seeing good correlation between COGS and revenue.

    I've been research flexipin and its seems to be well regarded by crypto-currency speculators to buy Bitcoin and Ethereum, but the transaction based revenue in this field seems to be a couple of hundred thousand. What is the source of the rest of the $8M revenue I'm seeing in this report?

    Who are the consumers of Novatti, apart from crypto traders?
    NOV Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
3.3¢ 		Change
0.001(3.13%) 		Mkt cap ! $22.41M
Open High Low Value Volume
3.3¢ 3.3¢ 3.3¢ $442 13.38K

Buyers (Bids)

No. Vol. Price($)
3 647821 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 26617 1
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Last trade - 12.18pm 27/11/2024 (20 minute delay) ?
NOV (ASX) Chart
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