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Acusensus Limited (ASX:ACE)

ALERT: Price-sensitive ASX Announcement for ACE
Current share price for ACE : $1.080 -0.64 (-37.21%)+
Announcement
Release
19 Nov 2025 8:33AM
Price at Release
$1.720
Full Release
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Summary
Acusensus Limited, an Australian technology company specializing in AI-enabled road safety solutions, presented its 2025 Annual General Meeting (AGM) and announced an upgrade to its FY26 revenue guidance. The revenue forecast for FY26 is now set between $83 million and $87 million, marking a 40% to 46% growth over FY25. This adjustment is attributed to the successful execution of a New Zealand speed enforcement contract, new contract acquisitions like the Connecticut Automated Work Zone Speed Control, and expansions of existing contracts in Western Australia and Queensland. Acusensus is focused on leveraging its technology to tackle distracted driving and enhance road safety globally, with significant operations in Australia, New Zealand, the UK, and the US.
Key Points
  • Acusensus upgrades FY26 revenue guidance to $83m - $87m.
  • Revenue growth driven by new contracts and expansions.
  • New Zealand speed enforcement contract mobilization successful.
  • Connecticut Automated Work Zone Speed Control contract valued at approximately $34m.
  • Expansion of Western Australia and Queensland contracts.
  • Focus on AI-enabled road safety solutions to combat distracted driving.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.