SenSen Networks Ltd. (AU:SNS) has released an update.
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SenSen Networks Ltd., an AI solutions provider, reports a robust start to FY25 with a second consecutive quarter of positive cash flow and record Q1 collections of $3.4M, marking a significant improvement over the previous year. The company has successfully secured another tender in Toronto, Canada, contributing to its rapid growth in the region where it now serves 12 cities. Cost reduction efforts have led to a decrease in annual operating expenses from $10.6M to $9.2M, strengthening SenSen’s financial position.
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