New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$21.6m market cap, or US$15.0m). New Risk • Mar 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (AU$44.8m market cap, or US$31.9m). Recent Insider Transactions Derivative • Sep 26
Founder exercised options to buy AU$474k worth of stock. On the 19th of September, Subhash Challa exercised options to buy 6m shares at a strike price of around AU$0.028, costing a total of AU$182k. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. Since June 2025, Subhash has owned 107.80m shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • Aug 31
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: AU$0.001 (up from AU$0.005 loss in FY 2024). Revenue: AU$15.4m (up 27% from FY 2024). Net income: AU$450.0k (up AU$4.05m from FY 2024). Profit margin: 2.9% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Aug 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 25% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$31.7m market cap, or US$20.7m). Ankündigung • Aug 25
SenSen Networks Limited, Annual General Meeting, Oct 28, 2025 SenSen Networks Limited, Annual General Meeting, Oct 28, 2025. New Risk • Apr 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$26.2m market cap, or US$16.6m). New Risk • Mar 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.2% per year over the past 5 years. Market cap is less than US$10m (AU$15.1m market cap, or US$9.60m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Ankündigung • Jan 29
SenSen Networks Limited Appoints Jenny Martin as Non-Executive Director and Chair of Audit & Risk Committee, Effective 28 January 2025 SenSen Networks Limited announced the appointment of experienced Finance executive, Ms Jenny Martin, as Non-Executive Director, effective 28 January 2025. Jenny will also take over as Chair of the Company's Audit & Risk Committee. This latest appointment comes as part of a Board renewal program following the arrival of Mr. Mark Brayan as Independent Chairman in May 2024, and the departure of Mr. Zenon Pasieczny in November 2024. Jenny is a Chartered Accountant with over 25 years' experience and a Graduate of the
Australian Institute of Company Directors. She brings significant experience in financial management of technology and professional services organisations. Jenny is currently Chief Financial and Shared Services Officer at Magentus, a privately owned technology company previously listed on the ASX as The Citadel Group Limited. Prior to Magentus, she was CFO and Company Secretary at Barristers' Chambers Limited and Money3 Limited (now Solvar) and held the positions of Group Financial Controller and Company Secretary at Southern Cross Media Group Limited. Jenny commenced her career at Deloitte. She has also held numerous directorships with the companies she has worked for as well as the charity Give Me 5 for Kids. Jenny has been the Chief Financial Officer of Magentus since 2018, and also leads the Shared Services team comprising of legal, people and culture, information technology and cyber security. Jenny was deeply involved in the delisting and take private of The Citadel Group Limited and has overseen the acquisition and integration of Wellbeing Software (a UK based company) and Genie Solutions under the Magentus brand, and creating a world class support function. New Risk • Jan 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$32.5m market cap, or US$20.2m). Ankündigung • Sep 20
SenSen Networks Limited, Annual General Meeting, Oct 22, 2024 SenSen Networks Limited, Annual General Meeting, Oct 22, 2024. Location: 2/570 city road, south melbourne vic 3205, Australia Reported Earnings • Aug 31
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: AU$0.005 loss per share (improved from AU$0.011 loss in FY 2023). Revenue: AU$12.1m (up 13% from FY 2023). Net loss: AU$3.60m (loss narrowed 51% from FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 3.9%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 13
Non-Executive Chairman recently bought AU$129k worth of stock On the 11th of June, Mark Ronald Brayan bought around 5m shares on-market at roughly AU$0.027 per share. This transaction increased Mark Ronald's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mark Ronald has been a buyer over the last 12 months, purchasing a net total of AU$159k worth in shares. Ankündigung • Apr 30
SenSen Networks Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 1.8 million. SenSen Networks Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 1.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,000,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing New Risk • Apr 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$16.3m market cap, or US$10.4m). New Risk • Apr 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (AU$14.7m market cap, or US$9.68m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$20.1m market cap, or US$13.1m). New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$86k net loss next year). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$23.2m market cap, or US$15.1m). New Risk • Dec 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$86k net loss next year). Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Market cap is less than US$100m (AU$28.0m market cap, or US$18.4m). Ankündigung • Oct 27
SenSen Networks Limited, Annual General Meeting, Nov 28, 2023 SenSen Networks Limited, Annual General Meeting, Nov 28, 2023, at 11:01 AUS Eastern Standard Time. Location: 2/570 City Road South Melboune Victoria Australia Agenda: To consider and approval to adopt the Remuneration Report; to consider and approval for the re-election of Mr Zenon Pasieczny as a Director; to consider and Shareholder approval of the additional 10% placement facility; to consider and Shareholder approval for the renewal of the SenSen Incentive Plan; and to consider other matter also. Reported Earnings • Oct 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: AU$0.011 loss per share (improved from AU$0.02 loss in FY 2022). Revenue: AU$10.8m (up 18% from FY 2022). Net loss: AU$7.41m (loss narrowed 39% from FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. New Risk • Sep 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: AU$7.4m Forecast net loss in 1 year: AU$244k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.9m free cash flow). Earnings have declined by 13% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$244k net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (AU$34.1m market cap, or US$21.9m). Reported Earnings • Sep 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: AU$0.011 loss per share (improved from AU$0.02 loss in FY 2022). Revenue: AU$10.8m (up 18% from FY 2022). Net loss: AU$7.41m (loss narrowed 39% from FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (AU$2.7m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (AU$34.7m market cap, or US$22.5m). New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.7m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (AU$38.1m market cap, or US$24.8m). New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.7m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (AU$38.1m market cap, or US$24.8m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.007 loss per share (vs AU$0.012 loss in 1H 2022) First half 2023 results: AU$0.007 loss per share (improved from AU$0.012 loss in 1H 2022). Revenue: AU$4.87m (up 64% from 1H 2022). Net loss: AU$4.57m (loss narrowed 34% from 1H 2022). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Chief Sales Officer of Casinos & Gaming and Executive Director Heather Scheibenstock was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Recent Insider Transactions • Nov 12
Insider recently bought AU$2.2m worth of stock On the 10th of November, Lev Mizikovsky bought around 35m shares on-market at roughly AU$0.064 per share. This transaction amounted to 84% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Ankündigung • Oct 21
SenSen Networks Limited, Annual General Meeting, Nov 23, 2022 SenSen Networks Limited, Annual General Meeting, Nov 23, 2022, at 11:01 AUS Eastern Standard Time. Location: 2/570 City Road South Melbourne VIC 3205 Melbourne Vic Victoria Australia Agenda: To consider remuneration report; to consider re-election of director. Ankündigung • Oct 06
SenSen Networks Limited Announces Resignation of Heather Scheibenstock as A Director, Effective 31 December 2022 SenSen Networks Limited announced the resignation of Ms. Heather Scheibenstock as a director of the company's board and executive of the company, effective 31 December 2022. Heather joined the company as a non-executive director in September 2018 with over 25 years' experience within the gaming and hospitality industries specialising in strategic planning, business development, stakeholder engagement and offshore growth.In July 2020, she was appointed as an Executive Director to focus on driving and managing key customer contracts with Crown Resorts in Australia, Solaire Resort in the Philippines and the Hippodrome Casino in the UK, as well as facilitating a large number of current trials with new casino customers. Reported Earnings • Oct 02
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: AU$0.02 loss per share (further deteriorated from AU$0.006 loss in FY 2021). Revenue: AU$9.15m (up 65% from FY 2021). Net loss: AU$12.1m (loss widened 300% from FY 2021). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 4.3%. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 01
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: AU$0.02 loss per share (down from AU$0.006 loss in FY 2021). Revenue: AU$12.1m (up 119% from FY 2021). Net loss: AU$12.3m (loss widened 307% from FY 2021). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 35%, compared to a 49% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • May 12
SenSen Networks Limited Appoints Dr. Roberto Mariani as Chief Technology Officer SenSen Networks Limited announced the strengthening of its management team with the appointment of leading AI and data analytics specialist Dr. Roberto Mariani as Chief Technology Officer. Dr. Mariani will commence his role at the company on 11 May 2022. Currently based in Singapore, Dr. Mariani's core expertise is in computer vision, video analytics, object recognition, face recognition, machine learning, machine translation and deep learning. He has a PhD in Industrial Physics, Computer vision, Pattern Recognition, Artificial Intelligence from the Université de Rouen, Institute Géographique National de Paris. Dr. Mariani has spent the past 25 years working in Singapore, Thailand, South Korea, India, China and Malaysia and is the winner of 18 International Awards in biometrics, media and video personalization technologies. In 2004, he was appointed by the Government of Singapore to the International Biometric Expert Committee at the National Institute of Standards and Technology in the USA. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Chief Sales Officer OF Casinos & Gaming and Executive Director Heather Scheibenstock was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Feb 28
SenSen Networks Limited Provides Revenue Guidance for the Year 2022 SenSen Networks Limited announced that the company is on track to achieve fiscal year 2022 revenue of ~$11 Million and grow monthly recurring revenue (ARR) to ~$0.65 Million (ARR ~$8.0 Million) by end of 2022. Ankündigung • Dec 22
Sensen Networks Limited Announces Secures Deal to Supply Automated Number Plate Recognition Solutions to the Queensland Revenue Office SenSen Networks Limited announced it has secured a deal to supply automated number plate recognition solutions to the Queensland Revenue Office. Commencing in January 2022, SenSen will earn a minimum of AUD 192,000 over the initial three-year period deploying its mobile automatic number plate recognition units. SenSen will earn upfront revenue and annual recurring revenues and fees for the software licence and support services under the terms of the contract. Reported Earnings • Sep 01
Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.009 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$5.53m (up 47% from FY 2020). Net loss: AU$3.02m (loss narrowed 18% from FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • May 26
SenSen Networks Limited (ASX:SNS) entered into a share purchase agreement to acquire Scancam Industries Pty Ltd for AUD 10.7 million. SenSen Networks Limited (ASX:SNS) entered into a share purchase agreement to acquire Scancam Industries Pty Ltd for AUD 10.7 million on May 26, 2021. The consideration consists of upfront payment of AUD 6.5 million i.e. AUD 1 million cash plus AUD 5.5 million in ordinary shares in SenSen (subject to shareholder approval). Approximately 49% of the Consideration Shares will be escrowed for 6 months from the Completion Date and the remaining 51% of the Consideration Shares will be escrowed for 12 months from the Completion Date and deferred consideration of up to a maximum of about AUD 4.1 million, should the audited ARR of the Scancam business reach AUD 3 million within a 24-month period post the Completion date – payable in cash or ordinary shares in SenSen at the election of the SenSen Board. The transaction is subject to SenSen shareholder approval under ASX Listing Rule 7.1 for the issue of the Consideration Shares, No breach by the Sellers or SenSen – as at Completion, the Sellers or SenSen have not materially breached any Warranties. Each Counterparty under each Material Contract has (if required under the express terms of the Material Contract) given written consent before Completion that it will not exercise its contractual right to terminate such Material Contract (if any) in respect of the Sale, on conditions acceptable to SenSen (acting reasonably). The Escrow Deeds containing the terms for the escrow of the Consideration Shares are duly executed and a copy delivered to SenSen. No Material Adverse Change has occurred with respect to either SenSen or Scancam. and completion of technical, financial and legal due diligence. Thomson Geer Lawyers acted as Legal Advisor to SenSen and Tenzing Partners acted as Legal Advisor to Scancam. Reported Earnings • Mar 03
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.004 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$2.50m (up 33% from 1H 2020). Net loss: AU$449.1k (loss narrowed 76% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 19
New 90-day high: AU$0.22 The company is up 122% from its price of AU$0.099 on 21 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. Ankündigung • Dec 03
SenSen Networks Limited (ASX:SNS) acquired Business and Business Assets of Snap Network Surveillance for AUD 1.1 million on December 1, 2020 SenSen Networks Limited (ASX:SNS) entered into a Business Purchase Agreement to acquire Business and Business Assets of Snap Network Surveillance Pty Limited for AUD 1.1 million on December 1, 2020. Under the terms, SenSen Networks will issue 9.88 million shares as consideration. 50% of the Consideration Shares are escrowed for 6 months from the Completion Date and the remaining 50% of the Consideration Shares are escrowed for 12 months from the Completion Date. The following conditions have been satisfied; no breach of the Business Purchase Agreement by Snap; no Material Adverse Change; two Snap employees have accepted offers of SenSen employment and Snap obtained special majority approval of its Board and the consent from all parties holding notes in the Seller to enter into the Business Purchase Agreement. The transaction is approved by the Board of SenSen. Thomson Geer Lawyers acted as legal advisor and Grannus Securities acted as commercial advisor to SenSen. Grannus Securities earned an AUD 0.05 million Success Fee, paid in cash (50%) and the balance to be paid in SenSen equity at the VWAP price as at the close of the market on May 19, 2020 (AUD 0.095 or 263,158 shares).
SenSen Networks Limited (ASX:SNS) completed the acquisition of Business and Business Assets of Snap Network Surveillance Pty Limited on December 1, 2020. Reported Earnings • Oct 03
Full year earnings released - AU$0.0085 loss per share Over the last 12 months the company has reported total losses of AU$3.71m, with losses narrowing by 30% from the prior year. Total revenue was AU$3.76m over the last 12 months, up 1.0% from the prior year.