Nuix Limited provided earnings guidance for the fiscal year ended June 30, 2022. For the period, the company expected Annualised Contract Value to be $160 - $163 million, statutory revenue to be $151 - $154 million. Statutory Revenue displays a greater degree of variability than ACV due to the impacts of multi-year deals.

Statutory Revenue is expected to fall on the prior corresponding period, driven by the recognition of revenue for some large multi-year contracts in the prior period, lower sales to new customers and slipped deals into the FY23 financial year.