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Mach7 Technologies Ltd. (AU:M7T)
ASX:M7T
Holding AU:M7T?
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Earnings Data
Report Date
Mar 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2019
|% Change Since: -42.37%
|Next Earnings Date:Aug 24, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance with significant growth in sales orders and recurring revenue, achieving positive cash flow, and maintaining a robust cash position with no debt. However, concerns were noted regarding attrition, executive changes, and stagnant stock prices. Overall, the positive aspects appear to outweigh the negatives.Company Guidance
During the Q4 2024 earnings call for Mach7 (M7T.AX), CEO Michael Lampron provided detailed guidance and performance metrics. The company reported $4.4 million in sales orders for Q4, marking a 37% increase from the previous period. Contracted annual recurring revenue (CARR) reached $27.9 million, a 35% rise, while annual recurring revenue (ARR) was $22 million, up 29%. The company's cash on hand was $26.2 million, an increase of 12%, and it achieved a positive operating cash flow for the year, exceeding guidance with $3.2 million. Sales orders totaled $61.3 million for the fiscal year, a 52% growth, with renewals, new logos, and add-ons contributing to these results. The company successfully transitioned to a predominantly subscription model, with 80% of sales deriving from subscriptions. Revenue for Q4 was $7.6 million, bringing the fiscal year total to over $29 million, hitting the high end of their revised guidance. Cash receipts from customers totaled $34.9 million for FY '24, a 40% increase from FY '23. The company also capitalized $200,000 in R&D costs and maintained a strong financial position with no debt.Significant Growth in Sales Orders and Revenue
Sales orders were $4.4 million in Q4, up 37% on the prior corresponding period. Total sales orders for the fiscal year were $61.3 million, a 52% growth year-over-year. Q4 revenue was $7.6 million, leading to a fiscal year-end revenue of over $29 million, at the high end of the revised guidance.
Increase in Recurring Revenue
Contracted annual recurring revenue rose to $27.9 million, up 35% on the prior corresponding period. Annual recurring revenue ended at $22 million, up 29% on the prior corresponding period.
Cash Flow Positive Achievement
Mach7 reported operating cash flow positive for FY '24 with a $3.2 million surplus. Cash on hand increased to $26.2 million, up about 12% from the previous period.
R&D Capitalization and No Debt
Mach7 capitalized $200,000 of development costs related to specific R&D projects. The company ended the fiscal year with no debt and $26.2 million of cash on hand.
Positive Market Reception and Strategic Partnerships
Mach7 received over 50 leads at the SIIM '24 trade show, indicating strong market interest and successful partnerships.
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AU:M7T Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:M7T Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 27, 2024 | AU$0.59 | AU$0.56 | -5.08% |
| Feb 28, 2024 | AU$0.67 | AU$0.67 | -0.75% |
| Aug 30, 2023 | AU$0.76 | AU$0.78 | +3.31% |
| Feb 27, 2023 | AU$0.66 | AU$0.64 | -3.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mach7 Technologies Ltd. (AU:M7T) report earnings?
Mach7 Technologies Ltd. (AU:M7T) is schdueled to report earning on Mar 03, 2025, TBA Not Confirmed.
What is Mach7 Technologies Ltd. (AU:M7T) earnings time?
Mach7 Technologies Ltd. (AU:M7T) earnings time is at Mar 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Mach7 Technologies Ltd. stock?
The P/E ratio of Mach7 Technologies Ltd. is N/A.
What is AU:M7T EPS forecast?
AU:M7T EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.
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