Strategic investor to underpin growth strategy
| Stock | Novatti Group Ltd (NOV.ASX) |
|---|---|
| Release Time | 13 Nov 2025, 5:19 p.m. |
| Price Sensitive | Yes |
Strategic investor to underpin growth strategy
- Australian Wealth Advisors Group Ltd to provide $1m in growth funding via share placement
- Funding to support Novatti's pivot back to growth, particularly within Acquiring business
- Commitment provides potential for additional $500k capital injection by 31 March 2026
Novatti Group Limited (ASX:NOV), a payments leader bridging traditional payments and regulated digital finance, has announced that the local financial services and investment management firm, Australian Wealth Advisors Group Ltd (AWAG), has committed to provide $1m in funding to underpin Novatti's growth strategy. The funding will be allocated towards accelerating Novatti's pivot back to growth, particularly within its Acquiring business, which will now seek to replicate the recent growth seen in Issuing that is EBITDA positive. Key activities to follow this funding include increased marketing in targeted verticals, bolstering acquiring sales, and product feature enhancements. The $1m in funding will be provided via a share placement, with the issue of 36,363,636 fully paid ordinary shares at an issue price of 2.75 cents per share. The placement also includes the issue of 18,181,818 free-attaching options to subscribe for shares, with an exercise price of 2.75 cents expiring 31 March 2026, subject to shareholder approval, which provides potential for a further $500k capital investment by the end of March 2026 if exercised. This announcement follows a number of recent milestones and achievements for Novatti, including positive operating cashflow, positive EBITDA, and a 100% increase in Group margin after revenue base reform.
Novatti achieved positive operating cashflow of $0.2m and positive EBITDA of $0.1m in Q1 FY26.
The $1m in funding from AWAG will support Novatti's pivot back to growth, particularly within its Acquiring business, through increased marketing, bolstering sales, and product enhancements.