M7T 2.91% 53.0¢ mach7 technologies limited

Ann: Mach7 Announces 1H 2021 Results, page-20

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  1. 3,449 Posts.
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    Morgan's updated this morning. For what its worth, they've increased TP to $1.68.

    They've also forewarned their clients of the depreciation/NPAT issue (as per my post above) ... and reminded them that this doesn't affect a DCF calc. Their FY21 revenue estimate is $22.8M culminating in a slightly lower EBITDA than FY20. Personally, I think their revenue is about right but conservative on gross margins of new business.

    Not that any of that matters for the SP tho - it's all about winning new business.
 
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