Mach7 Technologies Ltd. · ASX:M7T
Mach7 Technologies — H1 FY2021 Earnings Presentation
11 slides from Mach7 Technologies's earnings presentation, Feb 18, 2021
Slide 1: Mach7 Technologies First-Half FY21 Results
For personal use only Mach7 Technologies First-Half FY21 Results 31 December 2020 Issued 18 February 2021, approved by the Board 1
Slide 2: Important notice and disclaimer
For personal use only Summary of information: This presentation contains general and background information about Mach7 performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of Technologies Limited (“M7T”) activities current as at the date of the
Slide 3: Half-year highlights
For personal use only • Strong sales growth – first half 10.9M and second half YTD already at 12M • Strong demand for Enterprise Viewing solutions in COVID environment • Significant contract wins from US premier healthcare provides - Trinity Health (Q2) & Adventist (Q3) • First half revenue has been
Slide 4: Sales orders growth
For personal use only SALES ORDERS – AUD* Highlights: 12.0 M • Sales growth is continuing, despite COVID-19 10.9 M • $10.9M sales orders 1H 21 (up 24%, from $8.8M) 8.8 M • Strong start to 2H 21 - $12M orders so far (up 224% on 2H 20) • Sales orders to date will provide a significant contribution to
Slide 5: Strong eUnity growth offset by timing recognition of major contracts
For personal use only Strong eUnity growth offset by the timing recognition of major contracts 1H 2020 1H 2021 % Change Highlights: eUnity 0.5 M 2.7 M 418% • “eUnity” revenue up 418% following successful integration of Mach7 8.6 M 4.4 M -49% Client Outlook business Total 9.1 M 7.1 M -22% • Recurring
Slide 6: Improved gross margins and synergies will increase profitability for 2H21
For personal use only Improved Gross Margins & synergies realized will increase profitability for 2H 21 1H 2020 1H 2021 % Change Highlights: Revenues 9.1 M 7.1 M -22% • Gross margins have improved as the Group no longer Distributor Fees 0.9 M 0.3 M -200% incurs reseller fees on the client outlook pr
Slide 7: Cash and balance sheet
For personal use only - $14.4M in cash at 31 December - Debt-free - Positive cash flow (and EBITDA) expected for second half - Client Outlook acquisition has resulted in an additional $40.2M* of intangible assets net of related deferred tax liabilities. It is expected that $31.7M* of these will be a
Slide 8: Trinity Health
For personal use only Trinity Health Highlights: • Total contract value A$5.26 million • 7-year license for Mach7’s eUnity enterprise viewer and associated support services • Trinity Health is the fifth largest IDN in the United States, serving more than 30 million people through 92 hospitals across
Slide 9: Adventist Health System
For personal use only Adventist Health System Highlights: • Total contract value A$7.9 million, includes migration services & 5 years of support • Licensed Mach7 Enterprise PACS (Enterprise Imaging Platform, eUnity diagnostic viewer, Universal Worklist, QC Module, Clinical Portal) • Adventist Health
Slide 10: Outlook
For personal use only • Growing optimism within the Healthcare IT sector. Emphasized by continued M&A consolidation • Strong sales performance for 2H (compared to 1H) is expected due to timing of deals. As indicated, we already are seeing strong sales orders in Q3 • Travel bans, trade show cancellat
Slide 11: Thank you!
For personal use only Thank you!