SenSen Networks Limited (ASX: SNS) reported a third consecutive quarter of positive cash flow for Q2 FY25, with operating cash flow of AU$1.3 million, slightly down from AU$1.7 million in the prior corresponding period. The company achieved cash receipts of AU$2.9 million, comparable to the previous period, and reduced its net debt position from AU$0.5 million in September 2024 to a net cash position of AU$0.6 million as of December 2024. This improvement was driven in part by an annual R&D grant of AU$2.3 million, which helped pay down a loan from Rocking Horse.
SenSen is progressing on key Canadian projects in Calgary, Montreal, and Toronto, with expected revenue to be realized in H2 FY25. The company’s stable operating cost run rate and continued positive cash flow demonstrate the stabilization of its business model. Non-recurring costs during the quarter included audit fees and legal fees from the previous year.
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
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 21, 2025
Feb 20, 2025
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.
