SenSen delivers strong Q2 revenue momentum

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Stock Sensen Networks Ltd (SNS.ASX)
Release Time 11 Dec 2025, 8:22 a.m.
Price Sensitive Yes
 SenSen delivers strong Q2 revenue momentum
Key Points
  • Five new city wins in North America, led by Pittsburgh and Mississauga
  • Significant uplift in variable licence fee revenue, up 115% YoY
  • Expanding fuel retail business, adding 33 additional sites across Australia
Full Summary

SenSen Networks Limited (ASX:SNS), a global provider of Live Awareness AI solutions, has reported a period of strong sales and revenue momentum through Q2 FY26. The company has secured five new city contracts in North America in the last two months, expanding its footprint to 27 Smart City customers in the region. This includes wins in Pittsburgh, Toronto, Birmingham, Kitchener, and Mississauga. Additionally, SenSen has recorded a significant increase in customer usage metrics and variable recurring revenue across its Smart City customer base in Australia, with revenue in the five months leading up to November 2025 increasing 115% to $1.1M compared to the prior corresponding period. This growth was driven by the company's innovative SenPIC solution, a cost-effective, rapidly deployable, solar-powered camera for fixed camera-based enforcement. SenSen has also received orders for more than 30 additional fuel retail sites in Australia in Q2, most notably an increase of over 25 sites from Ampol Australia. These results highlight the scalability of SenSen's products, the quality of its execution, and the growing global confidence of customers in its AI-powered solutions.

Guidance

The company expects the new city wins, increased variable licence fee revenue, and fuel retail site expansion to contribute an estimated $3.6M towards FY26 revenues, with ~$1.5M in upfront revenue and $2.1M in recurring revenue.