Media ReleasesNovatti Group

View All Novatti Group News

Novatti Group - June Quarter FY21 Activities Report and Appendix 4C1


  • New record quarterly sales revenue of more than $4.9m, up 63% year-on-year
  • Payment processing business delivers 9th consecutive quarter of record sales revenue
  • Record $18.4m in total revenue – up more than 50% year-on-year
  • Record $16.4m in annual sales revenue – up around 50% year-on-year
  • Annual sales revenue growing at an average of 45% across the past 3 years
  • Cash balance at end of June quarter - $8.8m
  • $40m capital raise with strong support from highly-regarded institutional investors undertaken early July
  • Investment in ecosystem validated with Afterpay partnership in New Zealand
  • Strategic stake in Reckon creates new opportunities to explore synergies and deliver growth
  • Actively assessing a number of acquisition opportunities
  • New banking business launch ready - aiming for regulatory approval by end Nov 2021
  • Visa and Mastercard acquiring licences - aiming for end of Sept 2021

For more information, download the attached PDF.

Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.