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SenSen Networks ( (AU:SNS) ) just unveiled an update.
SenSen Networks Limited has achieved its first-ever full-year positive operating cash flow, marking a significant financial milestone. The company reported record cash collections of $14.1 million, a 13% increase from the previous year, and a net cash position of $0.7 million. The Smart Cities segment, a key focus area, saw a 22% growth in cash collections, driven by successful project deliveries, including a major project for Agence de mobilité durable de Montréal. This financial performance underscores SenSen’s strategic focus on Smart Cities and positions the company for continued growth.
More about SenSen Networks
SenSen Networks Limited is a provider of Live Awareness AI solutions, focusing on Smart Cities. The company leverages its technology to enhance kerb management and has a significant market presence in Australia and North America.
YTD Price Performance: -16.67%
Average Trading Volume: 179,033
Technical Sentiment Signal: Sell
Current Market Cap: A$23.79M
For detailed information about SNS stock, go to TipRanks’ Stock Analysis page.