Company
Headquarters: Melbourne, VIC, Australia
CEO: Mr. Peter Samuel Cook BSc, GAICD., Gr.Dip Compng, Gr.Dip Secu
A$21.3 Million
AUD as of Jan. 1, 2024
US$14.5 Million
Novatti Group Limited, together with its subsidiaries, provides software technology, utility billing, and payment services worldwide. It operates through Technology, Business Automation, Acquiring, Alternative Payments, Banking Services, and Issuing segments. The Technology segment develops, deploys, and supports mobile and alternate payment technology, primarily through the deployment of the Novatti platform; and provides billing and CIS solutions to service providers in the utility industry. The Business Automation segment automates business processes, including customer engagement, billing, collections, subscription management, and embedded payments. The Acquiring segment enables businesses to accept payments online for e-commerce with a focus on mobile point-of-sales. The Alternative Payments segment offers a network that interconnects payment platforms, remittance operators, financial institutions, retailers, utilities, and other types of cross border payment settlement offerings; and alternative payment method in the form of a prepaid cash voucher. The Banking Services offers banking services to customers with a focus on the migrant demographic. The Issuing segment provides reloadable prepaid cards for international and local university and college students. Novatti Group Limited was founded in 1994 and is headquartered in Melbourne, Australia.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
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Novatti Group Limited has the following listings and related stock indices.
Stock: ASX: NOV wb_incandescent