• Delivered 33% revenue growth and 28% recurring revenue growth
• Achieved positive EBITDA and NPATA, reflecting strong revenue growth and cost discipline
• Reaffirmed FY25 guidance for 15-25% growth in CARR and revenue, with OPEX growth less than revenue growth

Mach7 Technologies reported strong financial results for the first half of fiscal year 2025, with revenue growing 33% to A$17.7 million and recurring revenue increasing 28% to A$12.6 million. The company achieved positive EBITDA of A$0.5 million and NPATA of A$1.4 million, reflecting strong revenue growth and cost discipline. Mach7 also had a robust sales pipeline and diverse customer base across regions, care settings, and product offerings. The company reaffirmed its FY25 guidance, targeting 15-25% growth in Contracted Annual Recurring Revenue (CARR) and revenue, with OPEX growth to be less than revenue growth. Mach7 continues to invest in its three strategic pillars of cloud enablement, service and supportability, and integration and interoperability to drive the next phase of growth. The company's strong financial position, with no debt and A$23.6 million in cash at the end of December 2024, allows it to execute on its growth strategy and return capital to shareholders through an on-market share buyback of up to A$5 million.

Mach7 reaffirmed its FY25 guidance for 15-25% growth in CARR and revenue, with OPEX growth to be less than revenue growth.

Mach7 remains confident in its ability to execute and deliver value to customers throughout FY25. The company's sales pipeline remains robust and diverse, and it has realigned its sales team to focus on net new wins while also creating a customer success team to drive 'land and expand' opportunities with existing customers.