Not necessarily.
If they continue on this revenue growth trajectory, and with 2 new services announced (Stellar integration and chinapayments.com), there is a good chance they will break even next quarter (IMO). They seem to be foreshadowing a strong Q4 this June.
"Novatti remains on-track to deliver continued growth for 2H FY18"
"Novatti expects to deliver continued strong revenue growth in the final quarter, as it focuses on acquiring new merchants and driving increased consumer usage of its transactions-based technologies."
"Revenues from the basis2 billing division are in line with expectations from the acquisition. Revenues from the technology division are muted, however with seasonal factors and a robust sales pipeline are expected to grow in Q4."
Not necessarily. If they continue on this revenue growth...
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