Mach7 Technologies Limited (ASX:M7T)
Mach7 Technologies Limited is an Australia-based company, which provides technology to healthcare enterprises. The principal activities of the Company include the provision of enterprise imaging data sharing, storage and interoperability for healthcare enterprises globally. The Company operates through two segments: sale of software and rendering of professional services. The sale of software segment engaged in selling software licenses. The provision of the software license is a distinct performance obligation as the customer can derive substantial benefits from the license on its own when the license is delivered and installed. Healthcare enterprises globally segment engaged in providing professional services, such as implementation, training and annual support services. The Company provides various solutions, including Enterprise Diagnostic Viewing, Enterprise Data Management and Enterprise PACS.