Mach7 Technologies Limited provided revenue guidance for the year 2023. The company expects +20% revenue growth in fiscal year 2023, underpinned by a healthy pipeline and the recognition of revenue from the Trinity Health and Adventist Health sales orders as Mach7's software progressively goes live. Approximately 80-85% of the TCV associated with these contracts is yet to be recognised as revenue.

At approximately 70% towards its goal, Mach7 remains confident of achieving its fiscal year 2023 sales order forecast of at least $36 million, which represents a 20% increase on the fiscal year 2022 target of $30 million and +8% on the $33.2 million achieved.