Half Yearly Report and Accounts

• Revenue decreased by 23% to $13.65 million
• Loss after tax increased by 207.7% to $5.75 million
• Recurring revenue accounted for 78% of operating expenditure

Mach7 Technologies Limited reported a 23% decrease in revenue to $13.65 million for the half-year ended 31 December 2025, compared to the prior corresponding period. The loss after tax increased by 207.7% to $5.75 million. Recurring revenue, comprising Subscription and Maintenance and Support revenue, was $11.58 million, representing 78% of operating expenditure. Software licence revenue decreased by 68% to $1.12 million, and Professional Services revenue decreased by 39% to $0.95 million. Operating expenses decreased by 6% during the half-year, reflecting redundancy reductions and disciplined cost management. The company reported an adjusted EBITDA loss of $2.30 million, primarily due to the decrease in revenue. Mach7 continues to focus on strengthening its go-to-market effectiveness, expanding its Asia operations, and delivering competitively priced, globally relevant solutions.

Mach7 remains confident in its strategy and execution, underpinned by a re-energised sales and partner model, expanded marketing capability and early traction for its Flamingo solutions. The company continues to prioritise financial discipline and efficient capital allocation, positioning it well to deliver against its strategy and capture emerging market opportunities.