SenSen Networks (SNS) H2 2025 earnings summary

Executive summary

• Achieved strong financial performance in FY25 with significant revenue and gross profit growth, a return to positive EBITDA and operating cash flow, and a focus on the Smart Cities market through new customer wins and expanded accounts.

• Expanded presence in North America, now accounting for 41% of revenue, driven by major customer wins and deployments, and added 12 new smart city customers globally.

• Rolled out new AI technology enabling rapid and scalable kerb enforcement solutions, accelerating sales momentum and swift delivery.

Financial highlights

• Revenue reached $15.4m, up 26.5% year-over-year, with gross profit rising 38.3% to $12.1m and gross margin improving to 79.1% from 72.3%.

• EBITDA improved to $1.7m, a 199.8% increase year-over-year; EBITDA excluding share-based payments was $3.1m.

• Operating cash flow was $1.7m, up 233.2% year-over-year, and operating expenses reduced by 8.4%.

• Net profit before tax was $0.5m, reversing a prior year loss.

• Net cash position at year-end was $0.7m, up from net debt of $0.7m in the prior year.

Outlook and guidance

• Continued focus on North American expansion, scalable AI deployments, and strategic investments to accelerate growth in FY2026 and beyond.

• Entering FY26 with strong momentum, solid recurring revenue, and a scalable business model.

• Investor roadshow planned for early Q2 FY2026.