Tillkännagivande • Aug 25
SenSen Networks Limited, Annual General Meeting, Oct 28, 2025 SenSen Networks Limited, Annual General Meeting, Oct 28, 2025. Tillkännagivande • 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. Tillkännagivande • 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 released: AU$0.005 loss per share (vs AU$0.011 loss in FY 2023) 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). 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 35% 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. Tillkännagivande • 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 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). Shares are highly illiquid. 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 Risk 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 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). Board Change • Jan 18
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. 3 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Zenon Pasieczny was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Tillkännagivande • 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 02
Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.02 loss in FY 2022) 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). 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. Board Change • Sep 26
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. 3 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Zenon Pasieczny was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.02 loss in FY 2022) 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). 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Shares are highly illiquid. 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). 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). 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 • Dec 12
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. Board Change • Nov 17
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. Reported Earnings • Oct 02
Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.006 loss in FY 2021) 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 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 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.006 loss in FY 2021) Full year 2022 results: AU$0.02 loss per share (down from AU$0.006 loss in FY 2021). Revenue: AU$9.15m (up 65% from FY 2021). Net loss: AU$12.3m (loss widened 307% from FY 2021). Over the next year, revenue is forecast to grow 80%, 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 5% per year, which means it has not declined as severely as earnings. Board Change • Aug 19
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. Breakeven Date Change • Apr 28
Forecast to breakeven in 2024 The analyst covering SenSen Networks expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$728.0k in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule. Board Change • Apr 28
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. Reported Earnings • Sep 02
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. 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 120% from its price of AU$0.10 on 22 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. 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.