M7T 2.78% 37.0¢ mach7 technologies limited

Highlight for me was the VA contract implementation is on track...

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    Highlight for me was the VA contract implementation is on track to be completed by June . I predict the market will start speculating before mid year re the 2nd phase being awarded to the consortium. I know I sound like a vinyl record with a scratch but here it is again , the release on July 3rd , 2023. Will JM Financial sell into the speculation and risk missing out on the award of a $48M contract ?

    The NextGen PACS program involves two major phases. Phase I will see Mach7’s VNA and eUnity viewer solutions form the core of NTP’s NextGen PACS. This phase has a potential TCV of A$11.7 million with a 12 month implementation/Professional Service fee period then a fee per study subscription license over a three year term. Phase II, which is contingent upon a number of success factors in Phase I, involves expansion into Veterans Affairs’ hospital network to support up to seven VISNs with migration, integration and software representing additional potential TCV of A$47.9 million over a five year term.
    Last edited by Ivanovich: 01/02/24
 
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