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The latest update is out from SenSen Networks Ltd. ( (AU:SNS) ).
SenSen Networks Limited announced a revision to its December 2024 Appendix 4C report, correcting a typographical error in the year-to-date column heading. The company also reported its third consecutive quarter of positive cash flow, with $2.9 million in cash receipts and a net cash position of $0.6 million at the end of December 2024. Significant revenues from ongoing Canadian projects are anticipated in the second half of FY25. Despite some non-recurring costs, the company’s operating cost remains stable, highlighting the stabilization of its business model.
More about SenSen Networks Ltd.
SenSen Networks Limited is a leading provider of smart urban management solutions through its Live Awareness AI Platform. This innovative system integrates data from cameras and sensors with digital enterprise data to enhance urban life, improve road and personal safety, and alleviate traffic congestion in cities like Chicago, Las Vegas, Vancouver, Calgary, Singapore, Adelaide, and Brisbane. The company’s AI technology also generates substantial savings for major fuel retailers such as AMPOL, Chevron, Liberty, and BP.
YTD Price Performance: 50.0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €18.09M
Find detailed analytics on SNS stock on TipRanks’ Stock Analysis page.
