Stock Analysis
- Australia
- /
- Healthtech
- /
- ASX:M7T
Mach7 Technologies Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Mach7 Technologies (ASX:M7T) Full Year 2024 Results
Key Financial Results
- Revenue: AU$30.0m (flat on FY 2023).
- Net loss: AU$7.97m (loss widened by AU$6.92m from FY 2023).
- AU$0.033 loss per share (further deteriorated from AU$0.004 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mach7 Technologies Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 7.9%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Healthcare Services industry in Australia.
Performance of the Australian Healthcare Services industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Mach7 Technologies that you need to be mindful of.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
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.
About ASX:M7T
Mach7 Technologies
Provides enterprise imaging data sharing, storage, and interoperability for healthcare enterprises in North America, the Asia Pacific, the Middle East, Europe and internationally.