Advertisement
Australia markets open in 9 hours 20 minutes
  • ALL ORDS

    8,205.50
    -3.10 (-0.04%)
     
  • AUD/USD

    0.6599
    -0.0020 (-0.31%)
     
  • ASX 200

    7,963.70
    -7.40 (-0.09%)
     
  • OIL

    77.70
    +0.74 (+0.96%)
     
  • GOLD

    2,427.30
    +20.00 (+0.83%)
     
  • Bitcoin AUD

    101,411.38
    -457.18 (-0.45%)
     
  • CMC Crypto 200

    1,373.73
    +7.84 (+0.57%)
     

Mach7 Technologies First Half 2023 Earnings: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022)

Mach7 Technologies (ASX:M7T) First Half 2023 Results

Key Financial Results

  • Revenue: AU$16.5m (up 15% from 1H 2022).

  • Net loss: AU$130.4k (loss narrowed by 69% from 1H 2022).

  • AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mach7 Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Healthcare Services industry in Australia.

Performance of the Australian Healthcare Services industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Mach7 Technologies has 1 warning sign we think you should be aware of.

ADVERTISEMENT

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here