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Mach7 Technologies Accelerates Recurring Revenue Growth and Launches Share Buy-Back

8:28am on Friday 31st of January, 2025 AEDT Healthcare
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Mach7 Technologies Accelerates Recurring Revenue Growth and Launches Share Buy-Back

8:28am on Friday 31st of January, 2025 AEDT
Key Points
  • Contracted Annual Recurring Revenue (CARR) rose 15.6% to A$31.8M
  • Annual Recurring Revenue (ARR) run rate increased 14.1% to A$25.1M
  • Q2 FY25 sales orders totaled A$14.0M, driven by subscription and maintenance fees
  • Cash reserves strengthened to A$23.6M with no debt
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