Australia-based technology company SenSen Networks operates in the field of sensor artificial intelligence (AI). By applying its SenDISA AI platform to physical space monitoring, it extracts real-time insights for customers. It provides solutions to customers in the smart city, gaming, retail and surveillance verticals.
More SenSen Networks content >Investment summary
SenSen Networks (SNS) reported accelerating growth in FY22, with operating results reflecting continued investments to support the company’s rapid, ongoing vertical and geographic expansion. Management’s expense rationalization efforts should stabilize SNS’s cost base. We adjust our forecasts to account for ongoing macro events and rising inflation, though we still forecast substantial growth through FY24. SenSen’s shift to a ‘pragmatic SaaS’ model should boost margins, and we see the company’s growth potential as underappreciated in the market.
Y/E Jun |
Revenue (A$m) |
EBITDA (A$m) |
PBT (A$m) |
EPS (c) |
P/E (x) |
P/CF (x) |
|---|---|---|---|---|---|---|
| 2021A | 5.5 | (2.2) | (3.0) | (0.62) | N/A | N/A |
| 2022A | 9.1 | (7.8) | (12.3) | (2.02) | N/A | N/A |
| 2023E | 15.5 | (2.8) | (5.6) | (0.83) | N/A | N/A |
| 2024E | 23.5 | 3.2 | 0.4 | 0.05 | 154.0 | 28.7 |
Industry outlook
SenSen operates in the fast-growing, global AI market, which is expected to expand at about a 43% CAGR and reach US$126bn by 2025 (source: Tractica). As it executes its ‘Land Grab’ strategy, SenSen should benefit as AI is increasingly used in verticals that involve monitoring physical spaces and as it expands its business across multiple geographies.
Last updated on 28/09/2022Content on SenSen Networks
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| Forecast net cash (A$m) | 2.5 |
| Forecast gearing ratio (%) | N/A |
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Key management |
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| Subhash Challa | CEO |
| Jon Cook | CFO |
| David Smith | Executive director and COO |