Image source: © 2025 Krish Capital Pty. Ltd.

Highlights

  • SenSen shares rose 23% to 3.7 cents on 15 July 2025 after reporting record FY25 cash collections of AUD 14.1 million.

  • The company achieved its first full-year positive operating cash flow of AUD 1.9 million, a AUD 3.2 million turnaround from FY24.

  • Significant project deliveries in Canada, Australia, and the US supported Smart Cities growth and sustained cash flow momentum.

SenSen Networks Limited (ASX:SNS), a provider of AI-powered Smart City and mobility solutions, has announced its first-ever full-year positive operating cash flow in its FY25 Q4 update, marking a milestone in the company’s financial performance. Following the release, SNS shares surged 23% to 3.7 cents.

The company reported record full-year cash collections of AUD 14.1 million, up 13% from AUD 12.4 million in FY24. This increase contributed to an AUD 1.9 million positive operating cash flow, a notable AUD 3.2 million improvement from the previous year’s negative AUD 1.3 million. The company also maintained a net cash position of AUD 0.7 million, a reversal from a net debt position a year ago.

Smart Cities Segment Drives Growth

SenSen’s Smart Cities vertical played a key role in this result, with cash collections rising AUD 2.5 million or 22% year-on-year, excluding Gaming. This growth was attributed to expanding market share and enhanced capabilities in kerbside management—an area where the company holds a competitive edge, particularly in Australia and North America.

In Q4 FY25 alone, the Smart Cities division delivered several major projects, including the vehicle-mounted mobile enforcement systems for the Agence de mobilité durable de Montréal, with cash collection of approximately AUD 1.5 million expected in Q1 FY26. Q4 Smart Cities collections increased by AUD 0.1 million year-on-year, while operating cash flow from the segment improved AUD 4.0 million annually, reaching AUD 1.9 million.

Major Project Deliveries and Expansion

The June quarter also saw the completion of large-scale deployments across multiple regions:

  • In Canada, delivery and customer acceptance were achieved for a complex enforcement system project in Montréal.

  • In Australia, SenSen completed an expedited rollout of its SenPIC pole-insertable camera solution for Brisbane City Council within a single quarter.

  • In the Northern Territory, SenSen secured a contract with the Police, Fire and Emergency Services, adding to its client base alongside WA Police and ACIC.

International growth continued with expansion in North America, where the City of Tacoma (Washington, USA) and City of Richmond (British Columbia, Canada) adopted SenSen’s kerb management technologies. In India, trials were conducted in Pune, near Mumbai, as the company explored additional Smart City opportunities.

Positioned for FY26 Momentum

SenSen closed FY25 with positive operating cash flow for the fifth consecutive quarter, lower overheads by 11% year-on-year, and increased adoption of its AI solutions across police, municipal, and transport sectors. The company remains focused on further commercialisation of its Smart Cities platform and expanding its global footprint in FY26.