SenSen Networks — More focused, scalable and poised for growth

SenSen’s financial performance and commercial progress in H1 indicate that the business is well-placed to deliver scalable, cash-generative growth. Financially, the company has delivered three consecutive quarters of positive cash generation and moved to a net cash position. Significant H1 wins with Calgary and Montreal provide good visibility of an acceleration in growth and a move to profitability in H2. A healthy pipeline, progress with channel partners and scope for upselling into the enlarged customer base support prospects for a continuation of operationally geared growth beyond this.