External broker reports(aggregated public sources), Wilsons Advisory

Wilsons Advisory

External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>Mach7 provided a Q124 update today. As expected from recently announced deals, the company reported $33.5M in total sales orders for the quarter, importantly representing 70% of their FY24 target sales orders of $48M.</li><li>It is becoming increasingly clear that both new and renewal customers are opting for a subscription-based license model, rather than a capital model, which bodes well for Mach7 in the long-term (reaching ARR covering 100% of their opex sooner), however, as we have pointed out, creates uncertainty in hitting their revenue target in the near-term.</li><li>Management appear confident in FY24 sales pipeline, already supported by a &gt;30% uplift in ARR in 12 months’ time (CARR reported at $25.5M).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Mach7 provided a Q124 update today. As expected from recently announced deals, the company reported $33.5M in total sales orders for the quarter, importantly representing 70% of their FY24 target sales orders of $48M.It is becoming increasingly clear that both new and renewal customers are opting for a subscription-based license model, rather than a capital model, which bodes well for Mach7 in the long-term (reaching ARR covering 100% of their opex sooner), however, as we have pointed out, creates uncertainty in hitting their revenue target in the near-term.Management appear confident in FY24 sales pipeline, already supported by a &gt;30% uplift in ARR in 12 months’ time (CARR reported at $25.5M).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mach7 Technologies (M7T) - Q124: First Look

<ul><li>We maintain our OVERWEIGHT rating and $1.15/sh PT on Mach7.</li><li>Going into 1Q24, the market was aware that the company would deliver record sales orders, owing to recent announcements.</li><li>What we took from the update is that increasingly, new contract signings as well as renewals will likely look to preference subscription contracts, despite previous assumptions of a slower transition away from capital contracts (particularly in regards to contract renewals). </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We maintain our OVERWEIGHT rating and $1.15/sh PT on Mach7.Going into 1Q24, the market was aware that the company would deliver record sales orders, owing to recent announcements.What we took from the update is that increasingly, new contract signings as well as renewals will likely look to preference subscription contracts, despite previous assumptions of a slower transition away from capital contracts (particularly in regards to contract renewals). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mach7 Technologies (M7T) - Utilising X-Ray Vision

<div><div><div><ul><li>We initiate coverage of Mach7 Technologies (M7T) with an OVERWEIGHT rating and PT of $1.15/sh. Mach7 is a new, and growing provider of Enterprise Imaging (EI) software, having only secured the ‘other half’ of their EI solution in 2020, through the acquisition of Client Outlook for their eUnity viewer product.</li><li>Since then, alongside servicing ‘the little guys’, Mach7 have established contracts with some of the top IDNs and imaging chains within the US, which serves as their core market.</li><li>Their solution is winning because it streamlines disaggregated patient data across the entire healthcare facility whilst saving their customers’ money. </li></ul></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We initiate coverage of Mach7 Technologies (M7T) with an OVERWEIGHT rating and PT of $1.15/sh. Mach7 is a new, and growing provider of Enterprise Imaging (EI) software, having only secured the ‘other half’ of their EI solution in 2020, through the acquisition of Client Outlook for their eUnity viewer product.Since then, alongside servicing ‘the little guys’, Mach7 have established contracts with some of the top IDNs and imaging chains within the US, which serves as their core market.Their solution is winning because it streamlines disaggregated patient data across the entire healthcare facility whilst saving their customers’ money. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mach7 Technologies (M7T) - New O/W: Stacks Up

Australia

Mach7 Technologies Limited designs and develops healthcare software solutions. The Company offers enterprise imaging platform, vendor neutral archive, communication workflow engine, and managed data solutions. Mach7 Technologies operates in Australia.

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Mach7 Technologies (M7T AU)

Mach7 Technologies (M7T) - Q124: First Look

Management appear confident in FY24 sales pipeline, already supported by a >30% uplift in ARR in 12 months’ time (CARR reported at $25.5M).

Wilsons Advisory

Mach7 Technologies (M7T) - Utilising X-Ray Vision

We maintain our OVERWEIGHT rating and $1.15/sh PT on Mach7. Going into 1Q24, the market was aware that the company would deliver record sales...

Wilsons Advisory

Mach7 Technologies (M7T) - New O/W: Stacks Up

We initiate coverage of Mach7 Technologies (M7T) with an OVERWEIGHT rating and PT of $1.15/sh. Mach7 is a new, and growing provider of Enterprise...

Wilsons Advisory

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