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Senetas Corporation Limited (AU:SEN)
ASX:SEN
Australian Market
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Senetas Corporation Limited (SEN) AI Stock Analysis

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AU:SEN

Senetas Corporation Limited

(Sydney:SEN)

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Neutral 57 (OpenAI - Gpt-5.6Sol)
Rating:57Neutral
Price Target:
AU$2.50
▲(6.38% Upside)
Action:Reiterated
Date:08/29/26
The score is primarily supported by improving financial performance (revenue rebound, return to profitability, positive free cash flow) and a strong, low-leverage balance sheet. It is held back by weak technical momentum (price below key moving averages, negative MACD) and a demanding valuation (very high P/E), only partly offset by the high dividend yield.
Positive Factors
Strong revenue rebound
The sharp revenue recovery indicates renewed demand for Senetas’ encryption products and services. Sustained adoption across enterprise, government and critical infrastructure customers could support a stronger operating base, although consistency remains important.
Negative Factors
Thin current profitability
Despite the revenue rebound, limited margins leave relatively little protection against pricing pressure, product mix changes or higher operating costs. Thin profitability also reduces the cash available for reinvestment and makes earnings more sensitive to modest revenue fluctuations.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue rebound
The sharp revenue recovery indicates renewed demand for Senetas’ encryption products and services. Sustained adoption across enterprise, government and critical infrastructure customers could support a stronger operating base, although consistency remains important.
Read all positive factors

Senetas Corporation Limited (SEN) vs. iShares MSCI Australia ETF (EWA)

Senetas Corporation Limited Business Overview & Revenue Model

Company Description
Senetas Corporation Limited, together with its subsidiaries, engages in the development, manufacture, and sale of information technology products which provide network data security solutions to businesses and governments worldwide. It develops an...
How the Company Makes Money
Senetas makes money primarily by selling its network encryption solutions and associated lifecycle services. Key revenue streams typically include: (1) Product revenue from the sale of encryption appliances and/or virtual encryption products that ...

Senetas Corporation Limited Financial Statement Overview

Summary
Turnaround progress is evident: 2026 revenue rebounded sharply (~+63% YoY), profitability returned, and free cash flow turned positive. The balance sheet is a strength with low leverage (2026 debt-to-equity ~0.07). Offsetting this, profitability quality is still modest (2026 net margin ~2%, EBITDA margin ~5.6%), ROE is low (~1%), and results have been volatile across prior years, reducing predictability.
Income Statement
54
Neutral
Balance Sheet
78
Positive
Cash Flow
63
Positive
BreakdownJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue20.16M19.25M31.25M29.35M25.11M
Gross Profit7.04M7.83M8.21M-1.23M2.23M
EBITDA1.12M1.43M-10.07M-10.93M-7.57M
Net Income429.48K27.82M-6.11M-7.31M-5.89M
Balance Sheet
Total Assets61.40M63.45M34.94M31.66M38.16M
Cash, Cash Equivalents and Short-Term Investments18.58M11.58M9.42M9.81M10.69M
Total Debt2.90M4.04M3.89M390.00K694.39K
Total Liabilities17.09M16.74M36.53M25.34M26.57M
Stockholders Equity41.27M42.05M11.43M11.56M16.84M
Cash Flow
Free Cash Flow4.00M-557.73K-6.64M-7.85M-6.11M
Operating Cash Flow4.44M-244.24K-6.49M-7.42M-5.79M
Investing Cash Flow6.28M4.32M-156.44K-441.97K-331.61K
Financing Cash Flow-3.71M1.44M6.17M6.60M4.89M

Senetas Corporation Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.35
Price Trends
50DMA
2.95
Negative
100DMA
2.68
Negative
200DMA
2.38
Positive
Market Momentum
MACD
-0.03
Positive
RSI
25.10
Positive
STOCH
51.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SEN, the sentiment is Negative. The current price of 2.35 is below the 20-day moving average (MA) of 3.05, below the 50-day MA of 2.95, and below the 200-day MA of 2.38, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 25.10 is Positive, neither overbought nor oversold. The STOCH value of 51.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SEN.

Senetas Corporation Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
57
Neutral
AU$42.44M98.841.06%4.99%4.73%
48
Neutral
AU$13.40M-14.94-432.52%-3.97%32.71%
45
Neutral
AU$22.03M-11.64-27.69%-42.68%32.10%
42
Neutral
AU$14.89M-3.18-15.64%-19.91%35.34%
38
Underperform
AU$16.21M-2.31227.07%74.49%-5.00%
34
Underperform
AU$8.98M-0.37-346.49%6.70%33.88%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SEN
Senetas Corporation Limited
2.56
0.41
18.96%
AU:FCT
FirstWave Cloud Technology
0.01
-0.01
-50.00%
AU:DWG
IXUP Ltd.
0.13
0.07
116.67%
AU:CYB
Sovereign Cloud Holdings Ltd.
0.04
-0.03
-39.44%
AU:EXT
Excite Technology Services
0.01
0.00
0.00%
AU:TAL
HSC Technology Group Ltd.
0.06
-0.01
-14.67%

Senetas Corporation Limited Corporate Events

Senetas Sets Date and Nomination Deadline for 2026 Virtual AGM
Aug 28, 2026
Senetas Corporation Limited has scheduled its 2026 Annual General Meeting as a virtual event on 13 November 2026, with full meeting details to be provided in October. The company has set 9 September 2026 as the deadline for director nomination sub...
Senetas Outlines High ASX Governance Compliance With Size-Based Exceptions
Aug 28, 2026
Senetas Corporation Limited operates within the Australian listed-company landscape and emphasises strong corporate governance practices as part of its obligations to investors and regulators. The company defines clear roles for its board and mana...
Senetas Delivers Cash Flow Turnaround and Flags Strong FY2027 Pipeline
Aug 28, 2026
Senetas reported FY2026 revenue of $20.2 million, up 4.7% year on year, with product sales climbing 22% and strong growth in its core EMEA and ANZ markets as well as initial traction in South America. Business segment operating EBITDA was slightly...
Senetas posts revenue growth, cash turnaround and flags strong FY2027 pipeline
Aug 28, 2026
Senetas reported full-year revenue of $20.2 million for FY2026, up 4.7% year-on-year, or 9.3% on a constant currency basis, driven by strong growth in EMEA and ANZ and its first sales in South America. Despite a slight decline in underlying operat...
Senetas profit slumps as discontinued gains roll off but capital returns continue
Aug 28, 2026
Senetas Corporation has reported a modest 4.7% increase in revenue from continuing operations to $20.2 million for the year ended 30 June 2026, but net profit after tax from continuing operations fell 71.9% to $429,475. The sharp decline in total ...
Senetas Returns $3.5m to Investors in Capital Management Move
Aug 7, 2026
Senetas Corporation Limited, an Australian-listed cybersecurity specialist, provides sovereign-grade encryption systems in hardware and virtual formats, alongside secure collaboration tools, to government, defence and enterprise customers worldwid...
Senetas Shareholders Approve Cash Return of Capital at Extraordinary Meeting
Jul 24, 2026
Senetas Corporation Limited has announced the results of its Extraordinary General Meeting held on 24 July 2026. Shareholders voted via poll on a single ordinary resolution concerning a cash return of capital.The resolution to return capital in ca...
Senetas Confirms Key Dates for Cash Return of Capital
Jun 22, 2026
Senetas Corporation Limited has updated its notification to the ASX regarding a planned cash return of capital to holders of its ordinary fully paid shares, confirming key dates for the transaction. The update specifies that security holder approv...
Senetas Calls July EGM to Approve $3.5m Capital Return to Shareholders
Jun 22, 2026
Senetas Corporation Limited has called an Extraordinary General Meeting of shareholders for 24 July 2026, to be held virtually, allowing investors to attend online, vote and submit questions in real time. The company has set record and effective t...
Senetas to Return $3.5m to Shareholders via Capital Reduction
May 31, 2026
Senetas Corporation plans an equal capital reduction of about $3.5 million, or $0.2111 per share, returning part of its surplus cash to shareholders pending approval at an extraordinary general meeting expected in late July 2026. The move follows ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 29, 2026