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SenSen Networks Limited (ASX:SNS)

ALERT: Price-sensitive ASX Announcement for SNS
Current share price for SNS : $0.022 -0.03 (-57.69%)+
Announcement
Release
26 Feb 2026 10:12AM
Price at Release
$0.052
Full Release
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Summary
SenSen Networks Limited reported strong financial results for the first half of FY26, ending 31 December 2025. The company achieved record first-half revenues of $6.59 million, marking a 20.2% increase compared to the prior period, driven by a 115% growth in usage revenue and onboarding of new customers. Annualized Recurring Revenue grew by 24.7% to $10.6 million, and cash receipts increased by 31% to $8.3 million. The gross margin improved to 85.2%, leading to a positive EBITDA of $0.34 million, a significant turnaround from the previous period. The company expanded its presence in North America, securing five new city clients, and increased its footprint in Australia with 33 new fuel retail sites. The company also rolled out SenPIC cameras for enforcement solutions in Victoria. Despite a net loss after tax of $171,805, this was a considerable improvement over the previous loss of $1.59 million.
Key Points
  • Record first-half revenue of $6.59 million with 20.2% growth.
  • 115% increase in usage revenue.
  • Annualized Recurring Revenue grew by 24.7% to $10.6 million.
  • Cash receipts increased by 31% to $8.3 million.
  • Gross margin improved to 85.2%.
  • Positive EBITDA of $0.34 million.
  • Expansion in North America with five new city clients.
  • 33 new fuel retail sites in Australia.
  • Rollout of SenPIC cameras in Victoria.
  • Improved net loss after tax of $171,805.
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.