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SenSen Networks Ltd. ( (AU:SNS) ) has issued an announcement.
SenSen Networks Limited announced its third consecutive quarter of positive cash flow, with a reported operating cash flow of $1.3 million for the quarter ending December 31, 2024. The company has improved its financial position, moving from net debt to a net cash position of $0.6 million. Key projects in Canadian cities Calgary, Montreal, and Toronto are progressing well, with significant revenue expected in the latter half of the fiscal year. The company’s stable operating cost run rate and strategic management of non-recurring expenses reflect a strengthening business model, positioning SenSen well for future growth and continued financial stability.
More about SenSen Networks Ltd.
SenSen Networks Limited is a provider of live awareness AI solutions. The company focuses on delivering innovative technologies and services that enhance operational efficiency and situational awareness for businesses and governments.
YTD Price Performance: 50.0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €17.24M
For a thorough assessment of SNS stock, go to TipRanks’ Stock Analysis page.