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SenSen Networks Limited (ASX:SNS)

ALERT: Price-sensitive ASX Announcement for SNS
Current share price for SNS : $0.033 0.007 (26.92%)+
Announcement
Release
29 Aug 2025 10:54AM
Price at Release
$0.026
Full Release
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Summary
SenSen Networks Limited, a provider of live AI solutions, presented strong financial results for the fiscal year ending 30 June 2025, demonstrating significant growth in the smart cities market. The company achieved a 26.5% increase in revenue, reaching $15.4 million, supported by new customer acquisitions and expansion of existing accounts, particularly in North America. The gross profit improved by 38.3%, and the company turned around its financial performance with a positive EBITDA of $1.7 million. Operational efficiencies led to an 8.4% reduction in operating expenses. SenSen also reported a net cash position of $0.7 million, marking a significant improvement from the previous year's net debt status. The company's SenDISA platform, integrating advanced AI tools, played a crucial role in these achievements, enabling accelerated sales and enhanced product capabilities for smart city applications.
Key Points
  • Focused on the Smart Cities market.
  • 26.5% revenue growth from $12.1m to $15.4m.
  • Gross profit increased by 38.3% to $12.1m.
  • Improved gross margin to 79.1%.
  • North American expansion resulted in 159% revenue growth.
  • Reduced operating expenses by 8.4%.
  • Positive EBITDA of $1.7m, up $3.3m from the prior year.
  • Net cash position of $0.7m, improved by $1.4m.
  • Successful rollout of AI kerb enforcement solutions.
  • The upgraded SenDISA platform enhances smart city offerings.
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.