Novatti Group Ltd Announces FY2026 Financial Adjustments
Key points
- $1.7m ATX revenue adjustment
- Group Margin increased to 54%
- Group EBITDA improved to $2.8m
- Net profit from operations at $0.6m
- Basic earnings/(loss) per share at 0.108 cents
Full summary
Novatti Group Ltd (ASX:NOV) announced adjustments to its FY2026 financial statements, primarily due to revenue recognition changes attributed to ATX Fintech Holding SB Malaysia. The adjustments include a $1.7 million reduction in ATX revenue, an increase in Group Margin from 51% to 54%, an improvement in Group EBITDA from $2m to $2.8m, and a rise in Group net profit from operations from $0.8m to $0.6m. The basic earnings/(loss) per share improved from 0.148 cents to 0.108 cents. The Board stated these changes do not materially affect the Company's current or future performance.
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