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SenSen Networks Limited (ASX:SNS)

ALERT: Price-sensitive ASX Announcement for SNS
Current share price for SNS : $0.034 0.006 (21.43%)+
Announcement
Release
23 Jul 2026 10:05AM
Price at Release
$0.028
Full Release
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Summary
SenSen Networks Limited reported record quarterly and annual cash receipts for FY26, highlighting a 17% growth in Annual Recurring Revenue to $11.7 million. The company achieved positive operating cash flow of $0.4 million in Q4 2026, improving its net debt position significantly due to strong customer collections. SenSen secured several new contracts and renewals in Australia and North America, further expanding its business operations. The company also initiated trials with local government customers in Victoria, Australia, and continued to expand in North America with significant contract completions. SenSen's AI-driven solutions are yielding substantial savings for major fuel retail brands.
Key Points
  • SenSen delivered record Q4 and FY26 customer cash receipts exceeding $5 million for the quarter and $16 million for the full financial year.
  • Annual Recurring Revenue (ARR) grew by 17% compared to the previous corresponding period, reaching $11.7 million.
  • Operating cash flow for Q4 was positive at $0.4 million, marking a 254% improvement from the prior period.
  • The company improved its net debt position to $20,000 by the end of June 2026.
  • Significant contract renewals and new contracts were secured in Australia and North America, including a five-year extension with Las Vegas.
  • Paid product trials commenced with Darebin City Council and Port Phillip City Council in Victoria.
  • The company completed delivery on four out of five new city contracts in North America.
  • SenSen's AI-driven technology continues to save costs for major fuel retail brands.
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.