Market Alert : ASX 200 Faces Resistance at All-Time High, Experiences Pullback

SenSen Delivers Record 1H FY26 Revenue, Expands North America Footprint and Achieves Positive EBITDA

SenSen Networks Limited (ASX: SNS) reported record first-half revenue of AU$6.59 million, up 20.2% year-on-year, driven by new customer wins and a 115% surge in usage revenue. Annualised Recurring Revenue rose 24.7% to AU$10.6 million, while customer cash receipts reached a record AU$8.3 million, up 31%.

Gross margin improved to 85.2%, lifting gross profit by 32.6% to AU$5.62 million. EBITDA turned positive at AU$0.34 million, with EBITDA excluding share-based payments of AU$0.54 million. Net loss before tax narrowed significantly to AU$0.17 million.

Operational momentum continued, with five new Smart City wins in North America, expanding the footprint to 27 cities, alongside 33 additional fuel retail site orders in Australia. Proforma net cash at period end stood at AU$1.0 million following receipt of the R&D tax refund.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au