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Digital Security Control Market is Booming Worldwide with Gemalto N.V., FireEye, Oberthur Technologies

Digital Security Control Market is Booming Worldwide with Gemalto N.V., FireEye, Oberthur Technologies
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SenSen Networks Ltd lifts FY2021 revenue guidance to between $5.3 and $5.5 million


SenSen Networks lifts FY2021 revenue guidance to between $5.3 and $5.5 million
Based on increasing demand for its smart data and AI solutions, the guidance represents a 40% increase on FY202 0.
Its outlook for FY2022 is even more positive - $8.1 million in unaudited total revenue and $5.5 in unaudited ARR
SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) has lifted its unaudited revenue guidance for the 2021 financial year to between A$5.3 and A$5.5 million as demand for its smart data and artificial intelligence (AI) solutions continues. 
Its outlook for FY2022 is even more positive - it is expecting A$8.1 million in unaudited total revenue and A$5.5 in unaudited annual recurring revenue. 

India , Chicago , Illinois , United-states , Subhash-challa , Las-vegas , Networks-surveillance , Network-surveillance , Chicago-parking-meters , Snap-network-surveillance , Sensen-smart-city , Small-caps

Sensen Networks Ltd's projected FY21 revenue set to increase more than 40% thanks largely to North American expansion


SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) continued its operational expansion in North America during the March quarter in line with accelerated growth plans that see projected FY21 revenue set to increase by more than 40% year-on year.
In the company’s March quarterly report, SenSen highlighted its strong performance through COVID-19 with expectations that the positive momentum will continue for FY22 and beyond.
After raising A$7.1 million early in the quarter with strong support from institutional and professional investors, the company continued its growth momentum and received customer receipts of around A$820,000 in the March quarter - a 9% increase over the previous corresponding period.

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SenSen: North American Operations and Expansion Update


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HIGHLIGHTS
SenSen's Annual Recurring Revenue (ARR) from North America to exceed A$1.5M per annum driven by new orders from Chicago Parking Meters and contract renewals from existing customers in the region.
Increases SenSen's current overall ARR guidance to ~A$4.5m for FY2022 and beyond, 
based on current confirmed orders and contracts.
Completed hiring of key marketing and sales executives to accelerate growth in the region; and additional staff hired to increase key account management and customer support in the region.
Opened North American headquarters in Las Vegas, Nevada, fitted with a range of SenSen solutions for demonstrations and customer sales

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SenSen Networks Ltd boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand


SenSen Networks boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand
The smart city and AI software solutions provider’s optimism is built on its rapidly expanding North American operations.
SenSen’s revenue base in North America now completely funds operations in the US and Canada.
SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) has boosted its outlook for the 2022 financial year off the back of continued growth in North America.
The company has lifted FY22 annual recurring revenue (ARR) guidance to A$4.5 million, as ARR from its North American operations is set to exceed A$1.5 million off the back of new orders and contract extensions.

Nevada , United-states , Melbourne , Victoria , Australia , Canada , Sydney , New-south-wales , Chicago , Illinois , America , American

SenSen Networks Ltd boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand

SenSen Networks Ltd boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand
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SenSen Networks Ltd boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand

SenSen Networks Ltd boosts annual recurring revenue guidance to A$4.5 million for FY22 on increasing North American demand
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SenSen: North American Operations and Expansion Update

SenSen: North American Operations and Expansion Update
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Sensen Networks Ltd sets targets to increase customer base and associated revenues after busy first half


SenSen Networks sets targets to increase customer base and associated revenues after busy first half
During the period, the company listed on the US OTC markets, completed its first-ever acquisition and welcomed high-conviction global equities fund manager VGI Partners Asian as shareholder.
It plans to add adjacent market verticals like smart buildings, retail stores, shopping centres, airports and other facilities
SenSen Networks Ltd (ASX:SNS) (OCTMKTS:SNNSF) has set itself near, medium and long-term targets following its recent capital raising as it kicks off recruitment for senior international, marketing and sales, and project management executives to join its team to execute its expansion plan.

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Sensen Networks Ltd sets targets to increase customer base and associated revenues after busy first half

Sensen Networks Ltd sets targets to increase customer base and associated revenues after busy first half
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

Brisbane , Queensland , Australia , Las-vegas , Sensen-networks , Partners-asian-investments-limited-fund , Nasdaq , Network-surveillance , Asian-investments-limited-fund , Sen-networks , Snap-network-surveillance , பிரிஸ்பேன்