Announcement • Jun 24
RemSense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.211633 million. RemSense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.211633 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,875,296
Price\Range: AUD 0.027
Discount Per Security: AUD 0.00162
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 03
First half 2026 earnings released: AU$0.001 loss per share (vs AU$0.005 profit in 1H 2025) First half 2026 results: AU$0.001 loss per share (down from AU$0.005 profit in 1H 2025). Revenue: AU$1.59m (down 49% from 1H 2025). Net loss: AU$140.6k (down 118% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Feb 27
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$863k 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$863k free cash flow). Market cap is less than US$10m (AU$9.88m market cap, or US$7.03m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (AU$1.8m revenue, or US$1.3m). Announcement • Oct 25
RemSense Technologies Limited, Annual General Meeting, Nov 25, 2025 RemSense Technologies Limited, Annual General Meeting, Nov 25, 2025. Location: at suite 0101, level 1, 5 mill street, wa 6000, perth Australia New Risk • Sep 15
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 Risks Earnings have declined by 2.2% per year over the past 5 years. Market cap is less than US$10m (AU$7.76m market cap, or US$5.17m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (AU$3.4m revenue, or US$2.3m). Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.005 loss per share (vs AU$0.019 loss in FY 2024) Full year 2025 results: AU$0.005 loss per share (improved from AU$0.019 loss in FY 2024). Revenue: AU$3.63m (up 118% from FY 2024). Net loss: AU$771.5k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. New Risk • Aug 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (AU$5.24m market cap, or US$3.42m). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (AU$3.7m revenue, or US$2.4m). Announcement • Aug 04
RemSense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.7506 million. RemSense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.7506 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,411,114
Price\Range: AUD 0.027
Discount Per Security: AUD 0.00162
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,388,886
Price\Range: AUD 0.027
Discount Per Security: AUD 0.00162
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Dec 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 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (AU$3.81m market cap, or US$2.42m). Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Announcement • Oct 29
RemSense Technologies Limited, Annual General Meeting, Nov 29, 2024 RemSense Technologies Limited, Annual General Meeting, Nov 29, 2024. Location: suite 173, level 4, equus building, 580 hay street, perth, wa 6000, Australia Reported Earnings • Oct 02
Full year 2024 earnings released: AU$0.019 loss per share (vs AU$0.036 loss in FY 2023) Full year 2024 results: AU$0.019 loss per share (improved from AU$0.036 loss in FY 2023). Revenue: AU$1.66m (down 20% from FY 2023). Net loss: AU$2.31m (loss narrowed 24% from FY 2023). Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.014 loss per share (vs AU$0.036 loss in FY 2023) Full year 2024 results: AU$0.014 loss per share (improved from AU$0.036 loss in FY 2023). Revenue: AU$1.84m (down 12% from FY 2023). Net loss: AU$2.31m (loss narrowed 24% from FY 2023). Announcement • Jun 06
Remsense Technologies Limited announced that it has received $0.3 million in funding Remsense Technologies Limited announced a private placement that it has received funding of $300,000 on June 4, 2024. The transaction will include participation from individual investors such as Richard Pace and John Clegg. The transaction has been approved by the board of directors of the company. After this capital increase, the total capital of the company increased to $883,526. Announcement • May 11
Remsense Technologies Limited Announces Resignation of Jillian Rosich as CFO RemSense Technologies Limited announced that Jillian Rosich on May 10, 2024 ceased to be the company's CFO. At this stage a replacement CFO is not being sought. Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Ross Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 04
Remsense Technologies Limited, Annual General Meeting, May 10, 2024 Remsense Technologies Limited, Annual General Meeting, May 10, 2024, at 10:30 W. Australia Standard Time. Location: Level 9, St Martin's Centre, 40 St George's Terrace, Perth, Western Australia Perth Western Australia Australia Agenda: To consider and approve the APPROVAL TO ISSUE LEAD MANAGER OPTIONS; APPROVAL OF ISSUE OF SECURITIES MR RICHARD PACE; APPROVAL OF ISSUE OF SECURITIES MR JOHN CLEGG; ISSUE OF OPTIONS TO DIRECTOR MR ROSS TAYLOR; ISSUE OF OPTIONS TO DIRECTOR MR RICHARD PACE; ISSUE OF OPTIONS TO DIRECTOR MR JOHN CLEGG; and to discuss other matters. Announcement • Mar 11
Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.883527 million. Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.883527 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,638,941
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,362,407
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordunary Shares
Security Type: Common Stock
Securities Offered: 21,175,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Feb 29
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$1.4m 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$1.4m free cash flow). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (AU$2.70m market cap, or US$1.76m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (AU$2.3m revenue, or US$1.5m). New Risk • Dec 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 51% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (AU$2.83m market cap, or US$1.91m). Minor Risk Revenue is less than US$5m (AU$2.1m revenue, or US$1.4m). Announcement • Dec 14
Stephen Brown Steps Down as Director of RemSense Technologies Limited RemSense Technologies Limited announced that Stephen Brown has stepped down as a Director of the Company. Announcement • Nov 24
Remsense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 2.113667 million. Remsense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 2.113667 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 105,683,339
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Rights Offering Announcement • Nov 07
Remsense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.29493 million. Remsense Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.29493 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,373,250
Price\Range: AUD 0.04
Discount Per Security: AUD 0.001366
Transaction Features: Subsequent Direct Listing Board Change • Nov 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Founder, MD & Executive Director Steve Brown is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 06
Remsense Technologies Limited, Annual General Meeting, Nov 16, 2023 Remsense Technologies Limited, Annual General Meeting, Nov 16, 2023, at 10:30 W. Australia Standard Time. Location: Level 1, 31 Cliff Street Fremantle Western Australia Australia Agenda: To receive and consider the annual financial report for the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider and, if thought fit, to pass, with or without amendment the resolution that, for the purposes of section 250R(2) of the Corporations Act and for all other purposes, approval is given for the adoption of the Remuneration Report contained within the Company's annual financial report for the financial year ended 30 June 2023; to consider, and if thought fit, to pass, with or without amendment, the resolution that Ms Susan Murphy, a Director, who retires in accordance with Article 14.3 of the Company's Constitution, and being eligible offers herself for election, is hereby re-appointed a director of the company; and to consider and discuss other matters. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.035 loss per share (vs AU$0.031 loss in FY 2022) Full year 2023 results: AU$0.035 loss per share (further deteriorated from AU$0.031 loss in FY 2022). Revenue: AU$2.17m (down 45% from FY 2022). Net loss: AU$3.03m (loss widened 24% from FY 2022). New Risk • Aug 30
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (AU$7.08m market cap, or US$4.59m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (AU$2.9m revenue, or US$1.9m). Announcement • Aug 25
Remsense Technologies Limited Appoints Warren Cook as Ceo, Effective September 7, 2023 RemSense Technologies Limited advised the appointment of Warren Cook as CEO of the Company. Warren will takeover from founder Steve Brown who will remain on the board as a director and continue to provide support and input into the development and growth of core product virtualplant. Warren has a Bachelor of Science (Geology) degree and more than 20 years experience in the development and sale of software solutions for the resources industries. Warren was the CEO of acQuire Technology Solutions from 2006 to 2013 which delivered information management software solutions for the resources industry and is currently the Country Manager for EarthSoft Inc. which develop and provide environmental data management software for government, mining and oil and gas companies. Warren will commence on 7th September 2023. Announcement • Aug 03
Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.540797 million. Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.540797 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,397,697
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0075
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,272,927
Price\Range: AUD 0.075
Discount Per Security: AUD 0.00375
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,540,000
Price\Range: AUD 0.075
Discount Per Security: AUD 0.00375
Transaction Features: Rights Offering Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. MD, CEO & Executive Director Steve Brown is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 29
Remsense Technologies Limited, Annual General Meeting, Jun 28, 2023 Remsense Technologies Limited, Annual General Meeting, Jun 28, 2023, at 10:00 W. Australia Standard Time. Location: Level 9, St Martin's Centre, 40 St Georges Terrace Perth Australia Agenda: To approve ratification of issue of placement shares; to approve ratification of issue of placement options; to approve issue lead manager options; to approve employee incentive securities plan; and to approve issue of options to director. Announcement • May 17
RemSense Technologies Limited Appoints Sue Murhpy as a Non-Executive Director RemSense Technologies Limited advised the appointment of Sue Murhpy as a non- executive director of the Company. Sue has over 40 years of experience in the resources and infrastructure industries. Holding a Bachelor of Civil Engineering from the University of Western Australia, Sue commenced as a Graduate Engineer with Clough Engineering in 1980. She went on to enjoy a 25-year career with Clough, progressing through a wide range of operational and leadership roles before being appointed to the Board of Clough Engineering Ltd. in 1998. After leaving Clough in 2004, Sue joined the Water Corporation of Western Australia as the General Manager of Planning and Infrastructure, before being appointed as Chief Executive Officer in 2008, a role she held for over a decade. Sue has received many accolades throughout her career including being awarded the prestigious Sir John Holland Civil Engineer of the Year Award by the Board of the College of Civil Engineers and is an Honorary Fellow of Engineers Australia. She was recognised for her work in water infrastructure with the International Water Association's 2014 Women in Water award and was the 2018/19 West Australian Business Leader of the Year at the AIM WA Pinnacle Awards. In 2019, Sue was made an Officer of the Order of Australia for distinguished service to the natural resources sector in Western Australia and to engineering. Sue is currently a Director of MMA Offshore Limited, Monadelphous Group Limited, the West Australian Treasury Corporation, and Pro Chancellor of the University of Western Australia. Announcement • May 06
Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.200297 million. Remsense Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.200297 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,397,697
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0075
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,272,927
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Rights Offering Reported Earnings • Mar 04
First half 2023 earnings released: AU$0.019 loss per share (vs AU$0.015 loss in 1H 2022) First half 2023 results: AU$0.019 loss per share (further deteriorated from AU$0.015 loss in 1H 2022). Revenue: AU$1.05m (down 49% from 1H 2022). Net loss: AU$1.55m (loss widened 63% from 1H 2022). Announcement • Feb 13
RemSense Technologies Limited Announce Resignation of Nicole O'connor as Director RemSense Technologies Limited announced that Nicole O'Connor has resigned as a director of the Company. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. MD, CEO & Executive Director Steve Brown is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 20
Remsense Technologies Limited, Annual General Meeting, Nov 21, 2022 Remsense Technologies Limited, Annual General Meeting, Nov 21, 2022, at 11:00 W. Australia Standard Time. Location: Level 9, St Martins Centre, 40 St Georges Tce, Perth, WA Perth Australia Agenda: To consider adoption of the remuneration report; to elect the director Mr Chris Sutherland; to consider the approval of 10% placement capacity; and to consider other business matters. Announcement • Oct 11
RemSense Technologies Limited Announces RemSense virtualplant Is Now Integrated with the IBM Maximo Application Suite RemSense Technologies Limited announced that RemSense virtualplant is now integrated with the IBM Maximo Application Suite (MAS) following a joint development by IBM and RemSense. This two-way integration enables the seamless use of our industry leading digital twin solution with IBM's powerful asset management system. This capability offers efficiency improvements for multiple asset management activities, enabling rapid localisation of plant assets from the MAS Manage application into our visually accurate virtual environment. Additionally, users can monitor MAS plant asset data directly within the photorealistic environment of virtualplant, providing unprecedented contextual relevance to remote asset monitoring and predictive maintenance activities. RemSense and IBM are working with a number of prospective first adopters in Western Australia. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.051 loss per share (vs AU$0.023 loss in FY 2021) Full year 2022 results: AU$0.051 loss per share (down from AU$0.023 loss in FY 2021). Revenue: AU$4.04m (down 6.5% from FY 2021). Net loss: AU$2.45m (loss widened 236% from FY 2021). Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. MD, CEO & Executive Director Steve Brown is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.