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Novatti Posts $6.5m EBITDA Turnaround Amid Revenue Drop and AUDC Deconsolidation
8:47am on Monday 31st of August, 2026 AEST
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Financial Services
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Novatti Posts $6.5m EBITDA Turnaround Amid Revenue Drop and AUDC Deconsolidation
8:47am on Monday 31st of August, 2026 AEST
Key Points
EBITDA improves by $6.5 million to $2.0 million
Revenue falls 40.7% to $29.9 million after exiting low-margin streams
Payments AU/NZ segment grows 15% in revenue and drives profitability
Loss of control over AUDC leads to equity accounting of 47% stake
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