Novatti Group Ltd FY26 Results: Positive EBITDA, Margins Improve
Key points
- EBITDA of $2.0m, a $6.5m YoY improvement
- Net loss from operations of $0.2m, a $6.4m YoY improvement
- Group revenue of $29.9m, with 51% gross margin
Full summary
Novatti Group Ltd announced its FY26 results, showing a marked improvement in financial performance. The company reported an EBITDA of $2.0 million, a $6.5 million improvement from the previous year, and a net loss from operations of $0.2 million, a $6.4 million improvement. Group revenue stood at $29.9 million, with a gross margin of 51%, reflecting a significant improvement from the previous year's 30%. The company's strategic transformation, including exiting non-core and low-margin revenue streams and focusing on its core Payments AU/NZ business, contributed to these improvements.
Guidance
EBITDA $2.0m, Net loss from operations $0.2m, Group revenue $29.9m, Gross margin 51%
Outlook
Novatti is focused on executing its vision of integrated payments infrastructure and one regulated bridge across all forms of money to accelerate profitable growth.
Summary generated by a large language model. Please interpret with care.