Novatti Group Ltd. · ASX:NOV
Novatti — Q3 FY2023 Earnings Presentation
9 slides from Novatti's earnings presentation, Apr 28, 2023
Slide 1: March Quarter FY23 Activities Report and Appendix 4C Presentation
For personal use only March Quarter FY23 Activities Report and Appendix 4C Presentation Peter Cook – Managing Director www.novatti.com 28 April 2023
Slide 2: Disclaimer
For personal use only The material contained in this document is a presentation of general information about Novatti Group Limited’s activities, current as at the date of this presentation on 28 April 2023. It is provided in summary and does not purport to be complete. You should not rely upon it as
Slide 3: End-to-end B2B Payments Provider
End-to-end B2B Payments Provider For personal use only Acquiring Issuing Cross Border Payments Omni-channel payment acceptance Visa prepaid, debit and gift cards, International transfer payments for merchants, eCommerce, digital wallets and end-to-end network for businesses. embedded and in-store pa
Slide 4: Highlights in numbers
For personal use only $9.2m $1.04b March quarter sales revenue* March quarter GTV** Highlights in +70% Acquiring revenue on prior quarter +67% Issuing revenue on prior quarter numbers $21.9m -14% End of quarter cash balance Headcount reduction across FY23 $15m (approx.) 70% confidence factor for add
Slide 5: March quarter performance
March quarter performance For personal use only o $9.2m – quarterly sales revenue ○ Down 1.6% on prior quarter ○ Lower revenue from one offshore channel partner – expect to return to growth shortly o Revenue momentum in future growth engines ○ Acquiring – up 70% on prior quarter ○ Issuing – up 67% o
Slide 6: Operations update
Operations update For personal use only o CFO Appointment – Dharsh Mendez ○ Outstanding experience in ecommerce, financial services, industrial services o Acquiring Solution scaling underway ○ Unified commerce offering – Ecommerce, In-store, Tap on Glass, Embedded payments ○ Migration of customers t
Slide 7: Underlying business growth remains strong
Underlying business growth remains strong For personal use only o GTV increased 56% YoY and 3% on quarter o Acquiring total GTV up 32% on prior quarter – fast becoming key growth driver o International client – margins down but GTV up 214% YoY and 15% on prior quarter o Strong exposure to returning
Slide 8: International Bank of Australia
International Bank of Australia For personal use only o Ongoing deployment of technology o Preparation for first products o Appointment of Chief Risk Officer o Ongoing management of Risk, Compliance & Regulatory matters o Progression of full licence application o Business development with strategic
Slide 9: Outlook
Outlook For personal use only ○ Strong growth in revenues from improving pipeline ○ Cash receipts expected to increase with underlying business growth ○ Cost reduction program in place ○ Rapidly scaling growth engines, including Acquiring and Issuing ○ IBOA focused on achieving full licence 9 This p