Novatti Group Ltd. · ASX:NOV
Novatti — Q1 FY2024 Earnings Presentation
9 slides from Novatti's earnings presentation, Oct 30, 2023
Slide 1: September Quarter FY24 – Activities Update
For personal use only Novatti Group Limited (ASX:NOV ) September Quarter FY24 – Activities Update 30 October 2023
Slide 2: Disclaimer
The material contained in this document is a presentation of For personal use only general information about Novatti Group Limited’s activities, current as at the date of this presentation on 30 October 2023. It is provided in summary and does not purport to be complete. You should not rely upon it
Slide 3: A Snapshot
A Snapshot* Novatti is an end-to-end payments provider with a growing international presence with $10.8m operations across Asia-Pacific, Europe, UK, US, Middle-East and Latin America. Q1 FY24 Group Revenue For personal use only New Leadership 20% Mark Healy Experienced global payments and software e
Slide 4: Our Mission
For personal use only Novatti enables businesses to pay and be paid from any device, anywhere. Our Mission From corner stores and start-ups to global organisations, our solutions will unlock your ambitions.
Slide 5: Deep and Inter-connected Ecosystem
Deep and Inter-connected Ecosystem Our assets, regulatory coverage and relationships are hard to replicate For personal use only Technology Licenses Partnerships High barriers to entry to digital and Opens jurisdictions, generates trust and Strong global relationships mobile platforms builds opportu
Slide 6: Payments AU/NZ the Growth Engine
Payments AU/NZ the Growth Engine Payments AU/NZ Growth ($ million) 4 For personal use only 3 AUD million 2 1 0 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 54% YoY quarterly revenue growth, $13.8m+ annualised exit run rate* Novatti Group Revenue ($ million) 12 10 8 AUD mil
Slide 7: Simplifying the Business - Delivering results
Simplifying the Business - Delivering results o Revenue Revenue For personal use only 12 10.8 10.5 10.2 10 9.3 8.9 o Growth continues with $10.8m in Q1 FY24 revenue AUD million ($10.2m prior quarter) 8 6 o Expenses (excluding International Bank of Australia) 4 2 o Enhanced focus on cost discipline 0
Slide 8: Unlocking margins
Unlocking margins For personal use only o Whole of business shift to focus on margin uplift Gross Margin Payments AU/NZ 50% 45% 43% 45% 40% o Seeing tangible results - Payments AU/NZ margin 40% 35% 33% increased to 45% from 40% against prior quarter 30% 25% 20% o Internal restructure implemented to
Slide 9: Path Forward
Path Forward Simplify the Business Market and Customer Led Lift Financial Performance For personal use only ○ Stage 1: Structured ○ Integrated go to market ○ Strong revenue growth business portfolio (complete) ○ Ecosystem cross selling ○ Increased gross margins ○ Stage 2: Strategic review This prese