Earnings call transcript: Mach7 posts fourth straight cash-flow gain in Q1 2026

Mach7 Technologies posted its fourth consecutive quarter of positive operating cash flow in Q1 2027, marking a milestone as the medical imaging software company seeks steadier growth. Operating cash flow rose to AUD 0.3 million, compared to an outflow of AUD 3.7 million a year earlier. Customer receipts increased 58% to AUD 7.3 million, while operating payments fell 17% to AUD 7.0 million.

Annual recurring revenue grew 8.5% in constant currency to AUD 23.5 million, while contracted annual recurring revenue fell 7.4% to AUD 25.3 million. Management highlighted the improvement in operating cash flow, noting it demonstrates progress on cost control despite the company still being in transition.