M7T 3.01% 68.5¢ mach7 technologies limited

in the Tele call and the previous 4c they explained clearly that...

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    in the Tele call and the previous 4c they explained clearly that the drop in revenue was from upfront fees transferring to a subscription model. this is preferred as it takes out the lumps, gives better fwd looking projections and brokers love recurring rev.

    for phase one it's pushed to 2nd half fy 24, anytime from June. no reason given other than that was the VA call, phase 2 could drop anytime for and individual hospital as it's not directly linked to phase 1.

    60m rev and cash flow positive confirmed.

    at least 2 new contracts to drop over next 6 months.

    think that was the main points. seem to have a good handle on things. think they are very conscious that the market hates cash flow negative growth companies at the moment so they will be looking to control growth with revenue.

    he did make a comment that there is a top line to expenditure where growth with rapidly out weight expenditure, ie the cream will come.
 
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