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An announcement from SenSen Networks ( (AU:SNS) ) is now available.
SenSen Networks Limited reported record cash receipts of $4.3 million for Q1 FY26, marking a 27% increase from the previous year. The company secured new contracts worth $2.2 million across Singapore, the USA, and Australia, contributing to positive operating cash flow and a strengthened net cash position. SenSen’s strategic investments in marketing and product innovation support its growth in the Smart City sector, with its scalable SenDISA platform facilitating expansion and customer adoption. The company has cleared most of its debt and plans to repay the remaining R&D tax incentive-backed loan upon receiving the FY25 tax credit, ensuring financial flexibility for future growth.
More about SenSen Networks
SenSen Networks Limited is a provider of Live Awareness AI solutions, focusing on Smart City applications. The company offers the SenDISA platform, which enables cities and enterprises to ingest data from multiple camera sources for various use cases, such as kerb compliance and enforcement. SenSen’s market focus includes cities and enterprises looking to enhance decision-making and operational efficiency through AI-driven insights.
Average Trading Volume: 1,266,443
Technical Sentiment Signal: Buy
Current Market Cap: A$55.97M
Find detailed analytics on SNS stock on TipRanks’ Stock Analysis page.