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Acusensus Ltd (AU:ACE)
ASX:ACE
Australian Market

Acusensus Ltd (ACE) AI Stock Analysis

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AU:ACE

Acusensus Ltd

(Sydney:ACE)

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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
AU$1.50
â–²(2.74% Upside)
Action:ReiteratedDate:11/19/25
Acusensus Ltd's stock score is primarily impacted by its financial performance challenges, particularly in profitability and cash flow management. Technical analysis shows some positive momentum, but valuation concerns due to a negative P/E ratio weigh heavily on the overall score.
Positive Factors
Revenue Growth
Acusensus reports meaningful top-line growth, which indicates rising adoption of its AI detection platform by customers. Durable revenue expansion supports scale, allows fixed-cost absorption, and creates runway to improve unit economics if margin drivers and contract renewals persist.
Conservative Balance Sheet
A low debt-to-equity profile and healthy equity ratio give management financial flexibility to fund deployments and weather multi-month tender cycles without excessive leverage, lowering bankruptcy risk and preserving ability to invest in product and operations.
Service-based, Recurring Contract Model
The company’s business model centers on recurring service and platform fees from government programs. Long-duration contracts and managed operations create predictable revenue streams, high switching costs and structural customer stickiness when programs are running.
Negative Factors
Negative Profitability
Persistent negative EBIT and net margins show the company is not converting sales into operating profits. Without a credible path to sustained margins, growth depends on external funding and profitability improvements, which can be hard to deliver in capital-intensive program rollouts.
Negative Free Cash Flow
Ongoing negative free cash flow constrains reinvestment and forces reliance on financing or equity issuance. This weakens the firm’s ability to self-fund new deployments, increases dilution or leverage risk, and reduces resilience through long tender/implementation cycles.
Dependence on Government Tenders
Revenue concentration in government contracts creates lumpy, competitive, and timing-sensitive sales. Program awards, renewals and regulatory approvals drive outcomes, making revenue visibility and growth contingent on external procurement cycles and policy, not pure product demand.

Acusensus Ltd (ACE) vs. iShares MSCI Australia ETF (EWA)

Acusensus Ltd Business Overview & Revenue Model

Company DescriptionAcusensus Limited, an intelligent traffic solutions (ITS) technology company, designs, develops, and commercializes technology focuses on the detection of distracted drivers in Australia. It offers s Acusensus Heads Up solution used to detect and capture prosecutable evidence of drivers illegally using mobile phones, whilst driving; Acusensus Heads-Up (Real Time Enforcement), a system for real-time enforcement of distracted driving and other offences; and Harmony enforcement camera system for use in developing economies. The company was incorporated in 2018 and is headquartered in Melbourne, Australia.
How the Company Makes MoneyAcusensus makes money primarily by providing automated road safety enforcement services and technology to government customers. Revenue is typically generated through contracts that can include: (1) supply, installation, and commissioning of detection units (hardware and associated setup); (2) ongoing operation of the system (e.g., running cameras in the field, monitoring, maintenance, and logistics); and (3) software and data services (AI detection, evidence capture/packaging, backend platforms and integrations used to support enforcement workflows). Depending on the specific contract structure, Acusensus may be paid via recurring service fees for operating the program, technology/platform fees for use of its detection and processing capabilities, and/or milestone and project-based payments for deployment and upgrades. Key factors influencing earnings are winning and renewing government tenders, expanding the number of deployed units/sites, contract duration and service scope (technology-only vs fully managed operations), and performance/availability requirements under service agreements. Specific revenue splits by stream and the exact payment mechanics for each customer contract are null.

Acusensus Ltd Financial Statement Overview

Summary
Acusensus Ltd shows revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with low leverage, but operational efficiency needs improvement.
Income Statement
45
Neutral
Acusensus Ltd has shown a consistent revenue growth rate, with a 10.57% increase in the latest year. However, the company is struggling with profitability, as indicated by negative net profit margins and EBIT margins. The gross profit margin has improved over time but remains moderate. The negative EBIT and net income suggest challenges in managing operational costs effectively.
Balance Sheet
55
Neutral
The company's balance sheet shows a relatively low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing profitability issues. The equity ratio is healthy, suggesting a solid capital structure, but the company needs to improve its return on equity to enhance shareholder value.
Cash Flow
40
Negative
The cash flow statement highlights significant challenges, with negative free cash flow and a declining free cash flow growth rate. The operating cash flow to net income ratio is positive, indicating some ability to generate cash from operations, but the negative free cash flow to net income ratio underscores the need for better cash management.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue70.84M59.35M49.63M42.00M28.65M6.27M
Gross Profit14.17M26.57M22.58M4.61M3.21M-1.18M
EBITDA-16.68M3.89M5.33M5.35M4.38M-2.97M
Net Income-22.93M-2.62M-1.52M55.37K1.43M-3.65M
Balance Sheet
Total Assets99.28M73.53M48.69M48.46M26.16M19.57M
Cash, Cash Equivalents and Short-Term Investments40.95M21.45M19.34M24.80M8.61M12.33M
Total Debt12.14M7.93M2.19M2.19M2.33M977.62K
Total Liabilities43.22M26.73M12.77M12.54M9.40M4.50M
Stockholders Equity56.06M46.79M35.92M35.92M16.76M15.07M
Cash Flow
Free Cash Flow-13.57M-7.23M-3.94M-1.12M-2.28M-3.85M
Operating Cash Flow3.25M8.27M3.58M4.26M4.97M-1.00M
Investing Cash Flow1.41M-13.71M-7.52M-17.37M-7.24M-3.17M
Financing Cash Flow26.40M9.25M-1.47M17.34M-1.44M15.38M

Acusensus Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.46
Price Trends
50DMA
1.65
Negative
100DMA
1.70
Negative
200DMA
1.39
Positive
Market Momentum
MACD
-0.06
Positive
RSI
36.64
Neutral
STOCH
46.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ACE, the sentiment is Negative. The current price of 1.46 is below the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.65, and above the 200-day MA of 1.39, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.64 is Neutral, neither overbought nor oversold. The STOCH value of 46.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ACE.

Acusensus Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
49
Neutral
AU$245.49M-2.91-44.58%―19.60%-59.17%
48
Neutral
AU$30.83M-17.78-64.64%4.99%-38.38%-275.50%
44
Neutral
AU$4.32M-0.75-53.27%―2.15%-900.00%
43
Neutral
AU$5.52M-3.48-658.94%―13.07%68.60%
42
Neutral
AU$6.38M-1.21-15.64%―-22.47%39.26%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ACE
Acusensus Ltd
1.46
0.37
33.49%
AU:FCT
FirstWave Cloud Technology
0.01
0.00
0.00%
AU:SEN
Senetas Corporation Limited
1.86
-0.34
-15.45%
AU:KNO
Knosys Ltd.
0.02
-0.02
-45.95%
AU:WHK
WhiteHawk Ltd.
0.01
-0.02
-66.67%

Acusensus Ltd Corporate Events

Acusensus Added as S&P Dow Jones Confirms March 2026 All Ordinaries Rebalance
Mar 10, 2026

Acusensus Limited has been confirmed for inclusion in the S&P/ASX All Ordinaries Index as part of S&P Dow Jones Indices’ March 2026 quarterly rebalance, reinforcing its profile as a listed Australian road safety technology provider. The updated index changes, effective prior to the open on March 23, 2026, reverse earlier plans affecting African Gold Limited and American Rare Earths Limited, and bring a broad cohort of additional small and mid-cap resource, technology, and media companies into the benchmark, potentially impacting their visibility, liquidity, and appeal to index-tracking investors.

The decision to retain American Rare Earths and not add African Gold, alongside the inclusion of Acusensus and numerous other issuers, reflects ongoing adjustments to market capitalization and liquidity within the Australian equity universe. For Acusensus and its peers, All Ordinaries membership can support increased trading volumes and institutional attention, strengthening their standing in the domestic capital markets and potentially lowering the cost of capital over time.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

S&P Dow Jones Indices Unveils March 2026 Rebalance of S&P/ASX Benchmarks
Mar 6, 2026

S&P Dow Jones Indices has announced its March 2026 quarterly rebalance of the S&P/ASX indices, reshuffling constituents across the 20, 50, 100, 200 and 300 benchmarks, effective before the market opens on 23 March. The changes bring Northern Star Resources into the S&P/ASX 20 in place of Santos, introduce Light & Wonder and PLS Group to the S&P/ASX 50, expand gold and resources exposure in the S&P/ASX 100 and 200, and add a raft of smaller resource, technology and specialty names to the S&P/ASX 300, moves that are set to influence index-tracking fund flows and portfolio reweightings across the Australian equity market.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Seeks ASX Quotation for New Employee Incentive Shares
Mar 2, 2026

Acusensus Ltd has applied for quotation of 240,164 ordinary fully paid shares on the ASX under its existing ticker ACE. The new securities, issued on 4 March 2026 under an employee incentive scheme, will be quoted and freely transferable, modestly increasing the company’s free float and aligning staff interests with shareholders.

The move reflects Acusensus’s ongoing use of equity-based remuneration to incentivise employees within the constraints of ASX Listing Rules. While the issuance is relatively small, it incrementally broadens the company’s capital base and may support liquidity in trading of ACE shares over time.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Wins $11.2m Expansion of WA Fixed Road Safety Enforcement Deal
Feb 25, 2026

Acusensus has expanded its fixed site multi-function enforcement agreement with Western Australia’s Road Safety Commission, adding new AI-enabled safety camera installations across the state from the second half of 2026 through 2027. The upgraded network will continue to detect offences such as illegal mobile phone use, seatbelt breaches, speeding, lane violations and unlicensed vehicles, strengthening the company’s role in digital road law enforcement.

The contract variation is expected to deliver approximately $11.2 million in additional revenue, excluding GST, and follows a separate $13 million expansion of Acusensus’ trailer-based enforcement program in the state earlier in the month. Together, the growing footprint of fixed and mobile systems underlines Acusensus’ deepening partnership with Western Australian authorities and reinforces its positioning as a key technology provider in the road safety enforcement sector, with implications for higher recurring revenues and stronger market credentials in similar jurisdictions.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus grows revenue 40% but swings to deeper half-year loss on legal settlement
Feb 25, 2026

Acusensus reported a 40% increase in half-year revenue to $40.3 million for the period ended 31 December 2025, driven by new enforcement contracts in New Zealand and Western Australia, higher unit deployments in Queensland and continued growth in the U.S. market. Despite the strong top-line performance, the company booked a net loss after tax of $20.8 million as higher operating costs to support expansion, strategic growth investments and $16 million in litigation settlement expenses weighed on profitability, while net tangible assets per share edged up to $0.33 and no dividend was declared for the period.

The inclusion of the Redflex Traffic Systems settlement within the latest half-year reflects a deliberate move to clear legacy legal overhangs in line with accounting standards and may help reduce uncertainty for investors in future periods. However, the expanded loss underlines the near-term margin pressures associated with Acusensus’ growth strategy, as the company balances international expansion and contract wins against the cost and risk profile of scaling its enforcement technology platforms.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus sets date for 1H FY26 results and investor webinar
Feb 10, 2026

Acusensus Limited, a Melbourne-headquartered AI road safety technology provider, specialises in automated enforcement and monitoring systems that generate digital evidence for law enforcement and workplace protection, serving government and commercial clients across multiple international markets. The ASX-listed company has built a portfolio that includes distracted driving detection, compliance monitoring for road rules, and the Forsite road worker safety system integrating sensors, wearables, and real-time analytics.

The company announced it will release its financial results for the first half of FY26, covering the six months to 31 December 2025, on 26 February 2026. Management will host an investor webinar the same day to discuss the performance, signalling continued efforts to engage the market and provide transparency around the business trajectory, which may be closely watched by stakeholders given its growth ambitions in global road safety technology.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus doubles WA enforcement trailer fleet in $13m contract expansion
Feb 9, 2026

Acusensus Limited has expanded and extended its multi-function road safety enforcement contract with Western Australia’s Road Safety Commission, doubling the number of trailer-based enforcement units deployed across the state. The new and existing trailers, which detect offences including mobile phone use, seatbelt breaches, speeding and unregistered vehicles, will be rolled out through September 2026, with the contract now running to at least October 2028 and delivering an incremental value of about $13 million, strengthening Acusensus’ recurring revenue base and its position in the road safety enforcement market.

The expanded fleet is expected to enhance regional coverage and support behavioural change on Western Australian roads by consolidating multiple enforcement functions into a single mobile platform. Management says the longer-term partnership underpins the effectiveness of Acusensus’ technology in improving road safety outcomes and reducing casualties, underscoring the company’s role as a key technology provider to government road safety authorities in Australia.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Plans New Share Placement of Over 6 Million Shares
Feb 5, 2026

Acusensus Ltd has notified the ASX of a proposed placement of up to 6,136,475 ordinary fully paid shares, with an expected issue date of 26 February 2026. The equity raising underscores the company’s continued use of share issuances to access capital, which may support future initiatives and growth, while signaling potential dilution for existing shareholders and a deepening of its engagement with equity markets.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Ends Patent Dispute with Redflex in AU$16m Global Settlement
Feb 5, 2026

Acusensus Limited has reached a global settlement with Redflex Traffic Systems and its parent Verra Mobility, resolving Federal Court proceedings initiated in June 2025 over intellectual property disputes. Under the agreement, which involves no admission of liability by any party, Acusensus will provide a settlement package valued at AU$16 million to Verra Mobility subsidiary VM Consolidated, comprising AU$6 million in cash and 6,136,475 new Acusensus shares to be held in voluntary escrow for 12 months, with the litigation to be dismissed with no order as to costs. Crucially for its business model, Acusensus IP Pty Ltd retains ownership of its worldwide patent portfolio and will continue to use its technology unencumbered, while granting Redflex and its affiliates a global non-exclusive licence over relevant patents and securing mutual worldwide releases and a commitment from Redflex not to challenge the patents’ validity. The resolution removes a major legal and financial overhang for Acusensus, allowing the company to focus on expanding its road safety technology operations without ongoing litigation costs or uncertainty, while also bringing Verra Mobility onto its share register as a significant stakeholder.

The most recent analyst rating on (AU:ACE) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Seeks ASX Quotation for Additional 160,000 Ordinary Shares
Jan 5, 2026

Acusensus Ltd has applied to the Australian Securities Exchange for quotation of 160,000 additional fully paid ordinary shares under the ticker ACE, to be issued on 7 January 2026. The small equity issuance, arising from the exercise or conversion of existing options or convertible securities, modestly increases the company’s quoted share capital and reflects ongoing utilisation of its equity-based instruments by holders.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Issues Additional Unquoted Performance Rights Under Employee Incentive Scheme
Jan 4, 2026

Acusensus Ltd has issued a total of 36,483 unquoted performance rights (ASX code ACEAAA) under its employee incentive scheme, with 28,524 rights dated 8 December 2025 and 7,959 rights dated 20 November 2025, none of which are intended to be quoted on the ASX. The move reflects the company’s ongoing use of equity-based incentives to remunerate and retain staff and align employee interests with shareholder value, without altering its quoted share capital.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Expands Share Capital Following Conversion of Unquoted Securities
Jan 1, 2026

Acusensus Limited has issued 377,352 new fully paid ordinary shares following the exercise or conversion of previously unquoted equity securities, effective 2 December 2025. The issuance of these additional shares modestly expands the company’s share capital base and reflects the conversion of unquoted options or other convertible instruments, which may indicate employee or stakeholder incentives being realised and a further alignment of interests between management, staff and shareholders.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Acusensus Announces Lapse of 380,275 Performance Rights
Jan 1, 2026

Acusensus Limited has reported the lapse of 380,275 performance rights, which have ceased due to the relevant vesting conditions not being met or no longer being capable of being satisfied as at 31 December 2025. The cessation of these rights modestly reduces the company’s pool of potential equity-based remuneration and may slightly lessen prospective dilution for existing shareholders, while signalling that certain performance or service hurdles tied to these rights were not achieved within the prescribed timeframe.

The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 19, 2025