Sensofusion (SENSO) Investor update summary
Event summary combining transcript, slides, and related documents.
Investor update summary
9 Oct, 2026Business and market
Finnish developer of software-led drone detection and countermeasure solutions; hundreds of Airfence systems deployed globally, with ~37,000 operational hours and ~8,000 drones detected per day.
FY2025 revenue was €35.1m and operating profit €23.3m, representing a 66.2% operating margin; 98.5% of FY2025 revenue came from defence and security authorities.
Global detection and countermeasure market forecast at €15.4bn in 2025, €22.8bn in 2030 and €25bn in 2035; civilian market forecast CAGR ~29% through 2030.
Demand drivers include evolving drone threats, defence-budget increases, rearmament programmes and protection needs for critical infrastructure.
Products and strategy
Airfence 7 and Airfence Mini anchor current sales; SensoC2 integrates sensor data, situational awareness, alerts and decision workflows.
Product pipeline includes Airfence Mini 2, Airfence Live, acoustic and active-radar sensors, NanoEMP, laser and directed-energy systems, and HiveMind swarm control at varying development stages.
Strategy targets an integrated detection-to-countermeasure portfolio, deeper direct relationships with defence customers, and scalable growth while maintaining high margins and capital efficiency.
Planned IPO proceeds are intended to accelerate R&D, expand production and testing capacity, and strengthen financial flexibility.
Financial profile
Revenue increased from €7.2m in 2023 to €11.7m in 2024 and €35.1m in 2025; LTM revenue to 30 June 2026 was €49.4m.
Operating profit was €4.8m in 2023, €6.7m in 2024 and €23.3m in 2025; LTM operating profit to 30 June 2026 was €30.1m, with a 60.8% margin.
At 30 June 2026, adjusted net cash was €71.7m and the equity ratio was 86.2%; LTM adjusted ROCE was 277.8% and cash conversion 87.2%.
Board targets continued revenue growth and a high-margin model; dividend policy prioritizes reinvestment in innovation and R&D, with any future distributions dependent on results, financial position and growth funding needs.
