Novatti Group Limited announced unaudited revenue results for the quarter ended December 2018. Transactional revenue has increased 21% from $881,000 to $1.06 million over the December quarter across Novatti's range of payment processing services. From the December 2017 quarter to the December 2018 quarter, growth in transaction processing was approximately 196%.

The company expects continued strong growth in its transaction processing revenues to continue in fiscal year 2019. From a strategic point of view, the continued growth is further welcomed because many of the customers currently using Novatti's transaction processing services will be primary customers for future banking services.