Mach7 Technologies Limited (ASX:M7T) Updates FY25 Guidance and Share Buyback
Financial Performance
Mach7 Technologies expects FY25 revenue to finalise at approximately A$33M-$34M, in line with guidance for 15-25% growth, driven by strong recurring revenue growth of about 20%. Contracted Annual Recurring Revenue (CARR) is expected to be A$30M-$31M, slightly below the guidance of A$32M-$35M. Operating expenses will grow at a slower rate than revenue.
Share Buyback
In H2 FY25, Mach7 commenced an on-market share buyback, acquiring approximately 6.3 million shares for A$2.2M.
Future Outlook
The company remains debt-free and expects to be operating cash flow positive for FY25, with closing cash of around A$21M-$23M at 30 June 2025. Q4 FY25 results will be released on 29 July 2025, followed by an investor webinar with new CEO Teri Thomas and CFO Dyan O’Herne at 9.30am AEST.
Motley Fool contributor Lauren Surplice has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Mach7 Technologies. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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