SenSen Networks (ASX: SNS)

Currency in AUD

Last close As at 25/03/2023


0.00 (0.00%)

Market capitalisation


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.

SenSen operates in the fast-growing, global artificial intelligence (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.

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



Equity Analyst

Kenneth Mestemacher

Kenneth Mestemacher

Director, TMT

Key Management

  • Christian Stevens


  • David Smith

    Executive director and COO

  • Subhash Challa


Balance Sheet

Forecast net cash (A$m)


Forecast gearing ratio (%)


Share Price Performance

Price Performance
% 1M 3M 12M
Actual 21.2 0.0 (49.6)
Relative 14.3 (8.5) (51.7)
52 week high/low A$0.1/A$0.0


SenSen Networks (SNS) maintained its streak of record year-on-year cash receipts in Q223, with customer receipts up 70% against Q222 to A$2.6m. SNS continues to see growth across its key verticals of smart cities, gaming, retail and surveillance, boosting annual recurring revenues (ARR) to c A$8m, and leaving the company well on track to meet management’s expected ARR of A$10m by the end of FY23. SNS’s operational restructuring and previously announced A$2.5m in cost saving efforts should support management’s goal of cash flow neutrality by the end of the fiscal year. These results lead us to maintain our forecasts and if SenSen can continue to grow ARR, then the valuation gap between peers can potentially close.

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 0.05 100.0 18.6


Digital Marketing and Internet Media Technology Platform


MediaWatch – January 2023


IPO apocalypse


ESG, moving beyond the box tick


Direct tech investors

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free