Novatti reaches €1.2B quarterly transaction volume
Key points
- Novatti recorded €1.2 billion in regional transaction volume during the September quarter.
- Share price remained unchanged at $0.013 following the activities report.
- Strategy targets merchant acquiring growth following card surcharging policy updates.
Novatti (ASX:NOV) generated a regional gross transaction value of €1.2 billion in its September quarter activities report.
The figure surpassed €1 billion for the first time since the company streamlined its operations in 2025.
"New customers are moving through implementation, and we’re seeing fresh opportunities in Asian wallet acceptance, multi-currency card issuing and wholesale distribution," said Novatti CEO Mark Healy.
The group reported revenue of €6.9 million, down 6% quarter-on-quarter, along with a gross margin of €3.5 million and cash EBITDA of -€0.1 million.
Novatti stated that the temporary pause in international BPAY payments influenced revenue, with a planned service relaunch in early 2027.
Following the announcement, the Novatti share price was unchanged at $0.013.
The company reported increased inbound merchant enquiries following Reserve Bank of Australia card surcharging changes that took effect on Oct. 1.
Novatti stated that its coming quarters will focus on pipeline conversion, merchant acquiring expansion, and cross-border solutions.
