Australia's SenSen Networks rises on contract wins and monthly cash inflows

Sensen Networks

01/06/2022 02:14

** Shares of SenSen Networks  SNS.AX  rise as much as 5.8%
to A$0.092, highest since May 25
    ** Analytics service provider posts https://www.asx.com.au/asxpdf/20220601/pdf/459j8rzq7lqbtb.pdf
 monthly cash inflow in May of about A$1.1 mln  ($791,230.00)
    ** Co has won multiple contracts with new Smart Cities, one
of its verticals, customers generating consolidated upfront
revenues of about A$850,000 and about A$125,000 in annual
recurring revenues from FY23 
    ** Stock down ~42% this year as of last close 
    



($1 = 1.3902 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))