• Revenue increased 178% to $3.12M
• Profit after tax of $796,892, a significant turnaround
• Net cash from operating activities of $365,539

RemSense Technologies Limited has delivered an outstanding first half of FY2025, achieving record revenue growth, breakthrough profitability, and a strong financial turnaround. The company's revenue climbed by 178%, reaching $3.12M, up from $1.12M in the previous half-year. This extraordinary growth was primarily fuelled by heightened demand for virtualplant reality capture services across the oil & gas, mining, and industrial sectors. For the first time since its ASX debut in 2021, RemSense achieved a net profit after tax of $796,892, a dramatic turnaround from the prior period's $1.07M loss. The company recorded an EBITDA of $1,517,913, after eliminating the effect of non-cash share-based payment expenditures. This represents a substantial improvement from a loss-making operation in the prior comparative period. This transformation is further underscored by substantial improvement in cash flow, with net cash generated from operating activities increasing to $365,539 from a cash outflow of $857,075. RemSense remains focused on building strategic partnerships to expand its sales capacity both internationally and domestically, positioning the company for continued growth and market leadership.

RemSense's revenue climbed by 178%, reaching $3.12M, up from $1.12M in the previous half-year. The company achieved a net profit after tax of $796,892 and recorded an EBITDA of $1,517,913 for the half-year ended 31 December 2024.

RemSense is well-positioned to accelerate its global expansion, with surging customer receipts, strategic contract wins, and the continued evolution of its virtualplant technology. The company is actively exploring opportunities for expansion and diversification into new industries to further solidify its market position.