SenSen Networks (ASX: SNS)

Currency in AUD

Last close As at 06/12/2023

AUD0.04

0.00 (0.00%)

Market capitalisation

AUD27m

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 IoT 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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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)

3.9

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (12.5) (31.0) (49.7)
Relative (13.6) (28.7) (48.0)
52 week high/low A$0.1/A$0.0

Financials

SenSen has won a major contract with Australia’s National Heavy Vehicle Regulator (NHVR), generating A$1.5m in upfront revenue and c A$500,000 in annual recurring revenue. This is a major scale-up with an existing customer, providing important validation of both SenSen’s technology and its ‘land and expand’ strategy, while retaining significant upsell potential through expanding deployments across other NHVR jurisdictions. The deal provides good support for our FY24 forecasts and strengthens the company’s prospects for delivering sustained, scalable growth.

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 13.4 2.6 1.9 0.21 19.0 14.7
2025E N/A N/A N/A N/A N/A N/A

Thematics

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