Mach7 Technologies Limited

ASX:M7T

Mach7 Technologies Limited

ASX:M7T
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$0.740 (+5.7%)
Last close price
#160
Rank
6
Held by
42
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Reports (8) My Report Forum Investors
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Consensus
Storge
Company Report
Last edited 5 years ago
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Performance (49m)
3.6% pa
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249
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#Bull Case
stale
Storge
Last edited 5 years ago
View author's company report

Similar to PME but at a much lower valuation.

Had it's largest contract win in Oct 18 with it supplying all of Hong Kong (HAHK) in a initial 5 year detail for A$15m. 

Contracted Annual Recurring Revenue (CARR) has been steadily increasing. 

Next 4C should show increased revenue and positive cash flow as none of the HAHK contract was billed in 1Q19. 

 

Contracted Annual Recurring Revenue (CARR) AUD $m

 

2Q19    7.2

FY18    5.3

FY17    4.4

FY16    3.3

FY15    2.0

#Risks
stale
Storge
Added 5 years ago
View author's company report

Has been CF negative so far.

1Q19 4C was considerably below 1Q18 (but 2Q19 should show considerable improvement)