• Record $14.3m quarterly revenue, up 9.1% QoQ
• 48% reduction in cash used in operations in H2 FY25 vs H1
• Streamlining of business with Emersion exit from US and closure of non-core entities

Novatti Group Limited (ASX:NOV) has released its June 2025 quarter (Q4 FY25) Activities Report and Appendix 4C, highlighting a pivot back to growth for the company. Q4 FY25 saw Novatti generate record quarterly revenue of $14.3m, up 9.1% quarter-on-quarter, and $52.4m revenue for FY25, representing a 22%+ increase on FY24. The company has continued to streamline its business, with a 48% reduction in cash used in operations in H2 FY25 compared to H1. This reflects the positive impacts of Novatti's previous cost reduction programs and its continued focus on streamlining, including the completion of Emersion's exit from the US market and the closure of several entities in Europe and Malaysia. Novatti has also accelerated investment in a payment platform upgrade, including the integration of a global tier-one processor, which is expected to enhance customer experience, uplift product capabilities, and enable the company to pursue larger-scale and higher-margin opportunities. Despite the pivot back to growth, Novatti's cash EBITDA position dipped slightly to -$0.2m in Q4 FY25, following the positive result milestone in the prior quarter. However, the company remains focused on its positive cash EBITDA goals in the near term.

Novatti is targeting positive cash EBITDA in the near term. The company has also set a three-year, 70%+ margin target as it focuses on improving revenue composition and growing its higher-margin Au/NZ core business.

Novatti expects its financial performance to continue strengthening in the coming quarters as it pursues larger-scale commercial opportunities through a leaner operating base and improving balance sheet. The company is also focused on securing continued commercial deals of significant size and scale in the coming quarters.