Australia's Novatti gains on revenue growth, lower expenses

Novatti

31/01/2025 24:42

** Shares of Novatti Group  NOV.AX  rise 2.9% to A$0.036
    ** The fintech firm logs quarterly revenue of A$12.9 million
 ($8.01 million), up 30% year-on-year
    ** Co says expenses were further down by 7% Q-o-Q to A$5.1
million
    ** Stock rose as much as 5.7% earlier in the day, hitting
its highest level since Nov 15
    ** Stock up 24% this year, including the session's move

    ($1 = 1.6095 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))