Brief: Senetas Corp Posts FY Consolidated Group Revenue A$29.3 Million

Senetas

31/08/2023 05:45

Aug 31 (Reuters) - Senetas Corp Ltd  SEN.AX :
    * FY CONSOLIDATED GROUP REVENUE A$29.3 MILLION VERSUS A$25.1
MILLION
    * FY CONSOLIDATED NET LOSS ATTRIBUTABLE A$7.3 MILLION VERSUS
LOSS
OF A$5.9 MILLION
    * BUILD-UP OF SALES PIPELINES FOR BOTH SENETAS & VOTIRO
BUSINESSES
IN FY2023 LEAVES BUSINESS WELL PLACED FOR GROWTH IN FY2024
    * CONSOLIDATED GROUP REVENUE IS EXPECTED TO GROW IN FY2024
WITH
STRONGER CONTRIBUTION FROM VOTIRO
    * SENETAS EXPECTS THAT THIRD PARTY SALES MOMENTUM TO
CONTINUE INTO
FY2024
    * INVENTORY SHIPMENTS TO THALES WILL REDUCE WITH A
CONSEQUENTIAL
IMPACT ON REVENUE AND PROFIT IN FY2024
    * ESTIMATE PRODUCT SALES REVENUE IN SENETAS BUSINESS SEGMENT
COULD
DECLINE BY UP TO 15% IN FY2024


Further company coverage:  SEN.AX 

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