SNS 6.25% 5.1¢ sensen networks limited

Ann: SenSen raises $5m via placement, Wins $2m Edmonton contract, page-18

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  1. 74 Posts.
    lightbulb Created with Sketch. 22
    So it looks like the base recurring revenue for FY19 will be $750k+ on current contracts announced only - so this is a conservative figure. The major contributor contracts are:

    - Edmonton
    - Calgary (initial contract and addendum)
    - Brisbane City

    Potential upside includes NSW Roads, Changi Airport and other Aust based councils.

    In my opinion revenue for FY18 will be $3,790mil with $2mil in the second half (and $1.79 in the first half previously announced).

    Looks a pretty creditable first year as a listed company. All of the above is my opinion only and you should do your own research before investing.
 
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