Novatti delivers €6.4M operational turnround in FY26
- Novatti Group achieved a €6.4 million operational improvement, shifting its full-year EBITDA into positive territory at €2 million for FY26.
- The structural turnround helped narrow the company's annual net loss from operations down to just €0.2 million.
- Future growth relies on expanding the core regional payments network following a broader restructuring to exit non-core revenue streams.
Novatti Group (ASX:NOV) reported a €6.4 million improvement in net operating losses, narrowing its FY26 deficit to €0.2 million as ongoing restructuring efforts took hold.
The result marks a significant rebound from FY25, when the digital finance firm registered a €6.6 million net loss alongside a negative €4.4 million EBITDA.
"The €6.4 million improvement from operations and €6.5 million improvement in EBITDA demonstrate that Novatti is a fundamentally stronger business," stated Novatti CEO Mark Healy.
The company stated that the ongoing benefits of its strategic transformation continue to flow through to its full-year performance.
Group revenue landed at €29.9 million, while gross margin expanded substantially to 51% compared to 30% in the previous period.
Following the announcement, the Novatti Group share price was down at $0.016.
The business repositioning began back in FY24 to simplify operations, upgrade technical infrastructure, and exit low-margin segments.
Its core regional payment division now serves as the primary revenue generator after posting a 522% direct EBITDA surge.
