Mach7 Technologies Limited (M7T) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.457 Good morning, everyone, and welcome to the Mark 7 third quarter FY25 00:00:05.457 -- 00:00:10.623 business update. My name is Françoise Dixon, and I'm Head of Investor Relations for Mark 00:00:10.623 -- 00:00:15.629 7. Today, our CEO, Mike Lampron, will provide an 00:00:15.629 -- 00:00:21.135 overview of our Q3 result. We will then open it up for questions, 00:00:21.135 -- 00:00:25.219 which can be submitted via the Q&A text box at the bottom of the screen. 00:00:25.219 -- 00:00:29.302 I'll now hand over to Mike. 00:00:29.950 -- 00:00:31.812 Thank you, Francoise. 00:00:31.812 -- 00:00:37.017 Good morning, everyone, and welcome to Mach 7's FY25 third quarter business 00:00:37.017 -- 00:00:42.343 update. We'll start off with some highlights and then go into a bit more detail on the 00:00:42.343 -- 00:00:44.465 third quarter results. 00:00:44.465 -- 00:00:49.851 So some highlights for us this quarter. CAR contracted annual recurring revenue 00:00:49.851 -- 00:00:56.736 of $30.8 million, slightly down on a constant currency basis by a little over 2%, 2.2%. 00:00:56.798 -- 00:01:01.785 annual recurring revenue run rate of 24.4 million at the end of March. 00:01:01.785 -- 00:01:07.252 That's down about just under 2%, 1.9%, again, constant currency basis. 00:01:07.252 -- 00:01:12.720 Sales orders of 5.1 for the quarter. Cash receipts 00:01:12.720 -- 00:01:16.525 were a highlight of 11.4 million, up a little over 28%. 00:01:16.525 -- 00:01:18.525 Remain 00:01:18.949 -- 00:01:24.576 operating cash flow positive in Q3 and for the nine months ending 31 00:01:24.576 -- 00:01:29.721 March. We remain to have cash on hand of just under $25 million, 00:01:29.721 -- 00:01:34.848 $24.9 million, up slightly from where we ended Q2, the first half 00:0...