SenSen Networks (ASX: SNS)

Last close As at 01/03/2024

0.00 (−3.57%)

Market capitalisation

AUD21m

SenSen Networks is an Australian live awareness company with a global presence. Its SenDISA platform uses AI to provide real-time insights across cities, retail and gaming, where its versatility provides opportunities across verticals and geographies.

Innovations in cloud technologies, mobile connected devices and Internet of Things are proliferating the amount of data available to companies and are primary drivers of AI technology. The popularity of platforms like ChatGPT underscore momentum in the sector and highlight rising public interest. SenSen operates in a less concentrated market with its live awareness technology but could still leverage this momentum with its proven software.

Latest Insights

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TMT | edison tv

SenSen Networks – executive interview

TMT | edison tv

SenSen Networks – executive interview

Digital signals flying over highway. Digital transformation. Internet of Things.

Sector

TMT

Equity Analyst

Max Hayes

Max Hayes

Associate Analyst

Dan Ridsdale

Head of Technology

Key Management

  • Christian Stevens

    CFO

  • David Smith

    Executive director and COO

  • Subhash Challa

    CEO

Balance Sheet

Forecast net cash (A$m)

2.3

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (7.1) (29.7) (51.6)
Relative (7.7) (35.6) (54.7)
52 week high/low A$0.1/A$0.0

Financials

In H124 SenSen delivered positive free cash flow for the first time, a key milestone. The group’s Smart Cities focus and standardised business model supported steady top-line progression, as well as strong gross margin expansion and loss reduction. As end-H1 cash was boosted by an annual Australian development grant, we believe reaching positive free cash flow from the group’s core operating assets remains a key target. Below we outline a pathway for SenSen to deliver this target in Q4, underpinned by consistent top-line growth on a lower cost base.

Y/E Jun Revenue (A$m) EBITDA (A$m) PBT (A$m) EPS (fd) (c) P/E (x) P/CF (x)
2022A 9.1 (7.6) (8.4) (1.40) N/A N/A
2023A 10.8 (5.1) (6.1) (0.91) N/A N/A
2024E 13.0 0.6 (0.3) (0.04) N/A 29.5
2025E N/A N/A N/A N/A N/A N/A