M7T mach7 technologies limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

  1. 294 Posts.
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    Maybe I'm too negative but I'm a little disappointed. It's good to see record sales, revenue etc. but they were predicting $15m in revenue for the first half but only delivered $14.3m, which isn't a huge miss but still underwhelming. But my bigger problem is that CARR hasn't grown at all from the previous quarter, and they've made a mistake by stating "up 6% (or 24% annualised) on Q4’21 $15.8M", 6% over the half annualises at 12% and it looks they copy and pasted this from the last report. I'm going to continue holding because the business is still tracking decently but I was hoping for more, at least one large contract in the next half.
    Last edited by trobe211: 31/01/22
 
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