Nuix boss Jonathan Rubinsztein has acknowledged the depressed share price could make it an attractive acquisition target once its legal woes wind up, but the new chief executive insists the embattled tech company needs to get some runs on the board before any serious bids emerge.

On Thursday, Nuix reported a net loss of $22.8 million, a 190.4 per cent fall on the prior year. Earnings before interest, taxes, depreciation, and amortisation is down a stunning 82 per cent to $12.1 million, with the company pointing to deals that will emerge in the coming financial year.