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iTWire - Quarterly revenue up, cash receipts highest since listing for SenSen

iTWire
Thursday, 29 July 2021 12:35
Quarterly revenue up, cash receipts highest since listing for SenSen
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SenSen CEO Dr. Subhash Challa
Artificial intelligence solutions provider SenSen Networks recorded cash receipts from customers in the fourth quarter 2021 of $1.6 million, which it says is the highest quarterly cash receipts since listing, and $200,000 more than in Q4 2020.
Releasing its results for the quarter ended 30 June 2021 SenSen
(ASX: SNS) said it expected revenue (unaudited) for the FY21 to be between $5.3 million and $5.5 million, representing a 40% increase over FY20.
During this period of growth, SenSen managed to reduce cash used in operating activities by 33% to $1.2m for Q4 FY21, when compared to the previous comparable period of $1.8m for Q3 FY21. ....

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Sensen Networks Ltd acquires Scancam Industries, Australia's leading provider of AI anti-theft solutions to fuel retailers

The company plans to integrate Scancam technology into its proprietary platform SenDISA to provide further value to new and existing retail customers. ....

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iTWire - SenSen inks agreement to acquire Scancam

iTWire
Wednesday, 26 May 2021 16:03
SenSen inks agreement to acquire Scancam
Featured
SenSen CEO Dr. Subhash Challa
Australian-listed AI data fusion enterprise solutions provider SenSen Networks is set to acquire Scancam Industries, a provider of AI solutions for fuel retailers in Australia.
SenSen (ASX:SNS) announced on Wednesday it has entered into a Share Purchase Agreement for the acquisition of 100% of the issued share capital in Scancam Industries.
The proposed acquisition follows the completion of technical, financial and legal due diligence by SenSen.
Scancam’s anti-fuel theft solution is designed to prevent drive-offs from motorists at service stations, and protects the profits of fuel retailers. ....

Northern Territory , Scancam Eoin Byrne , Woolworths Caltex , Subhash Challa , Ampol Caltex , Australia Police , Scancam Industries , Networks Surveillance , National Retail Association , Share Purchase Agreement , Euro Garages , Western Australia Police Force , Western Australia , Eoin Byrne , வடக்கு பிரதேசம் , கம்பளி வொர்த்ஸ் கல்டெக்ஸ் , சுபாஷ் சல்லா , ஆம்போல் கல்டெக்ஸ் , ஆஸ்திரேலியா போலீஸ் , தேசிய சில்லறை சங்கம் , யூரோ கேரேஜ்கள் , மேற்கு ஆஸ்திரேலியா போலீஸ் படை , மேற்கு ஆஸ்திரேலியா , எயாய்ந் பெயரனே ,

CONTAMINATION CONCERNS: Land register, Bundy site explained

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Subscriber only
The Department of Environment and Science (DES) is s considering whether a Bundaberg East property should be listed on the environmental management register after contamination concerns were raised.
Earlier this week DES was assessing the contamination status of potentially affected residential properties adjacent to the Ampol Caltex depot on Collins St in Bundaberg under the
Environmental Protection Act 1994.
A spokesperson told the
NewsMail this week the residential land at 2 Collins St Bundaberg was not on the Contaminated Land Register however the department was considering a potential EMR listing
DES s consideration follows the statutory process as set out in Queensland law which also affords review and appeal rights to the owners of land proposed to be listed, the spokesperson said. ....

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