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).
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.
The company's shares are down 11% from a week ago.
You still need to take note of risks, for example - Mach7 Technologies has 1 warning sign we think you should be aware of.
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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.
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