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SenSen Networks Limited (ASX:SNS)

ALERT: Price-sensitive ASX Announcement for SNS
Current share price for SNS : $0.032 0.006 (23.08%)+
Announcement
Release
23 Jul 2026 8:36AM
Price at Release
$0.026
Full Release
download
Summary
SenSen Networks Limited reported robust financial results for Q4 and FY26, achieving record customer cash receipts of $5.3 million for Q4 and $16 million for the full year, marking a 31% and 14% increase respectively over the previous corresponding periods. The company reported an annual recurring revenue (ARR) growth of 17%, reaching $11.7 million, supported by new and expanding customer engagements, as well as a low churn rate of 1.4%. Positive operating cash flow of $0.4 million was recorded in Q4, a significant improvement from the previous period. SenSen also strengthened its financial position with a net debt reduction to $20,000 by the end of June 2026, aided by strong customer collections. Several long-term contracts and extensions were secured, including agreements with Las Vegas, Cairns Regional Council, Ipswich City Council, and Newcastle. The company has expanded in North America, completing contracts in four new cities and initiating trials in Australia, demonstrating its strategic growth in urban management solutions using AI technology.
Key Points
  • Record Q4 cash receipts of $5.3M, up 31% year-over-year.
  • Record FY26 cash receipts of $16.0M, up 14% year-over-year.
  • ARR growth to $11.7 million, a 17% year-over-year increase.
  • Positive Q4 operating cash flow of $0.4M, up 254%.
  • Net debt reduced to $20,000 by 30 June 2026.
  • Secured long-term contracts with major cities in Australia and the USA.
  • Expansion in North America and trials in Victoria and Western Australia.
  • Innovative AI solutions for urban management delivering substantial savings.
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.