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Senetas Corporation Limited ( (AU:SEN) ) has issued an announcement.
Senetas Corporation Limited reported a significant net profit of $27.8 million for the year ending June 30, 2025, largely due to the sale of its Votiro business. This strategic move has allowed Senetas to focus on its profitable core network encryption operations, resulting in a strong cash position and a record sales pipeline. The company plans to propose a capital return to shareholders and a share consolidation, reflecting its confidence in future growth and commitment to delivering shareholder value.
More about Senetas Corporation Limited
Senetas Corporation Limited is a global leader in defense-grade high-assurance network encryption solutions. The company focuses on providing secure network encryption services, and it has recently streamlined its operations to concentrate on its core business, following the divestment of its Votiro business.
Average Trading Volume: 718,348
Technical Sentiment Signal: Sell
Current Market Cap: A$29.81M
Find detailed analytics on SEN stock on TipRanks’ Stock Analysis page.