SenSen Networks Limited

Contact

News & Updates

Corporate Directory

Board of Directors & Leadership

About Us

Governance

About

Invest in SenSen

Investor Presentations

Market Data

Share Registry

ASX Announcements

Company Reports

Research Coverage

Investors

Home

Lora

Click here to Read More

SenSen (SNS), an Australian-based artificial intelligence company, reported another quarter of record cash receipts, growing 109% y-o-y to A$1.7m in Q322. SNS’s ‘land and expand’ strategy generated contract wins with significant portions of higher-margin recurring revenues, resulting from its transition to a ‘pragmatic SaaS’ model. Monthly recurring revenue (MRR) remains on track to reach A$0.65–0.7m by the end of FY22, and we maintain our current forecasts. If SenSen can sustain this recent momentum of contract wins across geographies and verticals, we expect that it could lead to a reduction of the valuation gap.

Edison Group: SenSen Networks — Sensing another record quarter of AI SaaS