Brief: Mach7 Technologies Remains Confident Of FY23 Sales Order Forecast Of At Least A$36 Mln

Mach7 Technologies

28/10/2022 01:47

Oct 28 (Reuters) - Mach7 Technologies Ltd  M7T.AX :
    * QUARTERLY ACTIVITIES/APP 4C BUSINESS UPDATE
    * REMAINS CONFIDENT OF ACHIEVING FY23 SALES ORDER FORECAST
OF AT
LEAST A$36 MILLION
    * SALES ORDERS OF A$3.4M (TCV1) IN Q1 FY23 VERSUS A$16.2M IN
PCP
    * EXPECTS CASH BALANCE TO BUILD OVER BALANCE OF FY
    * EXPECTS 20% REVENUE GROWTH IN FY23

Source text for Eikon:  ID:nASX7LHgpC 
Further company coverage:  M7T.AX 
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