M7T 0.00% 69.0¢ mach7 technologies limited

The last quarterly bank balance (March 2023) is $19.3M. With a...

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    The last quarterly bank balance (March 2023) is $19.3M. With a quarterly cash burn rate circa $6.5M, excluding receipts, the bank balance reduces to $12.8M to June 2023.
    The opening bank balance as at 1 July 2022 is $25.7M.
    In order to be cashflow positive for the financial year customer receipts for the June 2023 quarter must exceed $12.9M (ie: $25.7M - $12.8M)
 
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