Key points
- Revenue from continuing operations decreased by 40.7% to $29,938,000
- Loss for the year attributable to owners increased by 97.8% to $(134,000)
- Underlying EBITDA improved by 61.8% with a reduced loss of $2,696,000
- The Group deconsolidated its 57% investment in AUDC following a loss of control
- No dividends were paid, recommended, or declared during the financial year
Full summary
Novatti Group Ltd released its Preliminary Final Report for the year ended 30 June 2026. The company reported a 40.7% decrease in revenue from continuing operations to $29,938,000. The loss for the year attributable to the owners of Novatti Group Limited increased by 97.8% to $(134,000). The Group's underlying EBITDA improved by 61.8% with a reduced loss of $2,696,000 compared to the prior year. The Group deconsolidated its 57% investment in AUDC following the loss of control on 12 September 2025, recognizing the investment in the statement of financial position under the equity method at a fair value of $7,000,000. As at 30 June 2026, the Group's interest in AUDC diluted to a 47% interest following the issue of shares by AUDC to external investors. No dividends were paid, recommended, or declared during the financial year.