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FY26 results presentation 27 August 2026 SenSen Networks Ltd. (ASX:SNS)
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Disclaimer This presentation (Presentation) has been prepared by SenSen Networks Limited (SenSen) on 27 August 2026 and is based on publicly available information. Summary information - This Presentation contains summary information about SenSen and its activities which is current only as at the date of this Presentation. SenSen may in its absolute discretion, but without being under any obligation to do so, update or supplement this presentation. The information in this Presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor may require in evaluating a possible investment in SenSen or that would be required in a prospectusor other disclosure document prepared in accordance with the requirements of the Corporations Act 2001 (Cth) (Corporations Act). Industry and market data – In this Presentation, SenSen refers to certain market, industry, and statistical data used in connection with this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither SenSen nor its representatives have independently verified any such data and no representation or warranty, express or implied, is made as to its fairness, accuracy, correctness, completeness or adequacy. Some data is also based on the good faith estimates of SenSen, which are derived its reviews of internal sources as well as the independent sources described above. Not an offer - This Presentation is not a prospectus or other disclosure document under the Corporations Act and will not be lodged with the Australian Securities and Investments Commission. This Presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. The distribution of this Presentation (including electronically) outside Australia may be restricted by law. If you come into possession of this Presentation, you should observe such restrictions and should seek your own advice. Any non-compliance with these restrictions may contravene applicable securities laws. Not investment advice - The information contained in this Presentation is not investment, financial product advice or recommendation to acquire Shares. This Presentation has been prepared without taking into account your investment objectives, financial situation or any other particular needs. This Presentation does not and will not form any part of any contract for the acquisition of shares. Each recipient of this Presentation should make its own enquiries and investigations regarding all information in this Presentation. Before making an investment decision, you should consider whether it is a suitable investment for you in light of your own investment objectives, financial situation and particular needs and having regard to the merits or risks involved. Independent financial advice is recommended. Future performance - This Presentation contains forward looking statements. Forward-looking statements generally relate to current expectations, hopes, beliefs, intentions, strategies or productions about future events or SenSen's future financial or operating performance. For example, statements regarding anticipated growth in the industry in which SenSen operates and anticipated growth in demand for SenSen's products and services, projections of SenSen's future financial results and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "pro forma", "may", "should", "could", "might", "plan", "possible", "project", "strive", "budget", "forecast", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward looking statements are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance and may involve known and unknown risks, uncertainties and other factors, many of which are outside the control of SenSen. You are cautioned not to place undue reliance on any forward looking statement. Forward looking statements in this Presentation are based on assumptions and contingencies which are subject to change without notice. Actual results, performance or achievementsmay vary materially from any forward looking statements and the assumptions on which statements are based. The forward looking statements in this Presentation are based on information available to SenSen as at the date of this Presentation and nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Except as required by law or regulation, SenSen undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Financial data – All dollar values in Australian dollars (A$ or $) unless otherwise stated. Recipients should note that this Presentation contains historical financial information. The historical financial information provided in this Presentation is for illustrative purposes only and is not represented as being indicative of SenSen’s views on its future financial condition and/or performance. Trademarks – This Presentation may contain trademarks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, trade names and copyrights referred to in this Presentation may be listed without the © or ® symbols, but SenSen asserts, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, trade names and copyright. Disclaimer - Except for any statutory liability which cannot be excluded, SenSen, its related bodies corporate and their respective officers, employees and advisers expressly disclaim all liability (including negligence) for any direct or indirect loss or damage which may be suffered by any person in relation to, and take no responsibility for, any information in this Presentation or any error or omission therefrom, and make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of this Presentation. 2
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O U R V I S I O N Safer Efficient Sustainable Live Situational Awareness for Cities Cities generate millions of separate signals every second. On their own they are fragments. SenDISA, our core Physical AI platform, turns those signals into understanding, and understanding into action. Officers off the traffic edge. Disability, school and bus zones enforced 24/7. One platform across six council departments. One procurement, one audit trail. Dumping, contamination and noise evidenced, not disputed. SenSen Vision 3
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16.7% ARR growth to $11.7M and strong customer retention ARR¹ $11.7M 16.7% ARR growth due to new contracts and expansion revenue from existing customers NRR² 111% Strong Net Revenue Retention due to additional services provided to existing customers GRR³ 94% Strong Gross Revenue Retention due to low customer revenue contraction and low customer churn ARR TREND ($m) 7.4 7.5 8.5 9.5 10.1 10.2 10.6 11.0 11.7 NRR 106% 113% 123% 114% 111% Jun 24 Dec 24 Jun 25 Dec 25 Jun 26 SenSen is focused on growing its recurring revenue base 1. ARR – Annualised Recurring Revenue consists of contracted recurring maintenance and usage revenue, calculated at period end. 2. NRR – Net Revenue Retention is the percentage of recurring revenue retained from existing customers including expansion/upsells. 3. GRR – Gross Revenue Retention is the percentage of recurring revenue retained from existing customers excluding expansion/upsells. 93% 93% 88% 89% 94% Jun 24 Dec 24 Jun 25 Dec 25 Jun 26 GRR 4
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FY26 Financials highlight growth in cash receipts, gross margin and EBITDA CUSTOMER CASH RECEIPTS A$16M ↑ 10.1% YoY GROSS MARGIN 81% ↑ 2.1pp YoY EBITDA A$2.0M ↑ 23.6% YoY GROSS MARGIN (%) 61.2% 69.3% 72.5% 78.9% 81.1% FY22 FY23 FY24 FY25 FY26 ($8.7) ($5.4) ($1.7) $1.6 $2.0 FY22 FY23 FY24 FY25 FY26 EBITDA ($M) CUSTOMER CASH RECEIPTS & NET OPERATING CASHFLOW ($M) $8.8 $11.2 $12.4 $14.5 $16.0 FY22 FY23 FY24 FY25 FY26 Cash Receipts Net Operating Cashflow REVENUE A$15.4M ↑ 0.2% YoY $9.2 $10.8 $12.1 $15.4 $15.4 FY22 FY23 FY24 FY25 FY26 REVENUE ($M) 5
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FY26 Commercial highlights CORE ENFORCEMENT SCALED North America is the growth engine Five new city wins (Pittsburgh, Toronto Exhibition Place, Birmingham, Kitchener and Mississauga) take region to 27 Smart City customers. Renewals locked in for five years Las Vegas, Cairns, Ipswich and Newcastle contracts all extended. Fuel retail scaling in Australia 54 new sites. $2.5m+ recovered for customers in FY26. NEW APPLICATIONS ON THE SAME PLATFORM Environment protection opened EPA Victoria signed 24 August 2026, adding a sixth application to the platform. Six council-facing applications now run on SenDISA Parking and compliance, local laws, asset management, roads and infrastructure, waste, and environment. One engine, one back office, one audit trail. NEW GEOGRAPHIES OPENED First India Smart City deployment Pune Rural Police, Pune Grand Challenge Tour 2026. First Victorian local-government trials Darebin and Port Phillip, plus a further trial in Western Australia. REVENUE MODEL TRANSITION ING Recurring revenue now 69% of total Up from 63% in FY25. The transition to more recurring platform revenue and less lumpy upfront revenue continues. Annualised Recurring Revenue up to $11.7M, up 17% year on year Customer contracts averaging around five years, with high retention and high margins. 6
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One platform. Six government revenue streams. SenDISA fuse · contextualise · remember · predict · reason SenBOS review, adjudicate, issue AI Review Layer 1 and Layer 2 filtering SenIQ dashboards, KPIs, reporting Parking & Compliance SenFORCE · SenPIC SenSCAN On-street and off-street enforcement with AI evidence capture. REVENUE AT SCALE Local Laws SenTRACK Illegal dumping detection with vehicle ID and prosecutable evidence. Asset Management SenMAP Digital Twin Digital twin of city infrastructure and curbside assets. Roads & Infrastructure SenMAP Detect Road condition monitoring and defect detection at scale. Waste SenTRACK Collection verification, contamination, route and bin asset management. PROPOSAL STAGE Environment Acoustic · Weather · IoT Class 1 noise fused with plate recognition and multi- sensor feeds. FIRST CUSTOMER Each column is a separate revenue stream on the same contract, the same install and the same back office. FIRST CUSTOMERPROPOSAL STAGEPROPOSAL STAGE 7
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From point solution to platform Every application after the first arrives on hardware already installed, through a contract already signed, into a back office already in use. S T A G E 1 POINT SOLUTION P I L L A R S L I V E 1 of 6 One department buys one application. Typically parking and compliance. R E V E N U E Upfront hardware and implementation, then recurring license, maintenance and usage. W H A T I T T O O K Full tender, hardware install, integration and training. › S T A G E 2 MULTIPLE SOLUTIONS, ONE CONTRACT P I L L A R S L I V E 3 of 6 The patrol vehicle or pole already in the street also returns road condition, asset and illegal dumping data on the same pass. R E V E N U E Little or no new upfront. Recurring license and usage on each application added. W H A T I T T O O K A variation to the contract already in place. › S T A G E 3 PLATFORM P I L L A R S L I V E 6 of 6 Every department on one engine, with the executive layer above them reading one view of city performance. R E V E N U E Recurring across every application, and a second buyer inside the same account. W H A T I T T O O K No new procurement at any point. WHY THE SE C O ND APPL ICATIO N IS E ASIE R TO SE L L Already installed · already integrated · already accredited · already contracted · already trained Growth inside an existing account needs no new customer, no new install and no new tender. Each pillar added is almost entirely recurring revenue at a much lower cost of sale, and the security accreditation the first sale required does not run a second time. 8
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SenSen investment proposition One platform, six government revenue streams, and the barriers that protect them. 70 cities 5 countries ~5 yrs average contract length 17 years of operation 20+ Patents pending, 2 granted 1 platform, SenDISA T H E B U S I N E S S T H E M O A T One platform, six revenue streams Six council-facing applications on a single AI engine. Expansion inside an existing account needs no new install and no new tender. Recurring, sticky and long-dated ARR $11.7M, up 17% year on year. Recurring revenue 69% of total, up from 63% in FY25. Contract length average ~5 years. Australian company, global revenue Seventeen years of research and development from South Melbourne, exported to North America, Singapore and India Platform breadth To displace SenSen a competitor has to win six departmental evaluations, not one, and match the back office and AI review layer underneath all of them. Data and training assets Fifteen years of by-law AI training across dozens of jurisdictions. 20+ patents, including the positioning technology that holds where GPS fails. Certification and sovereignty ISO/IEC 27001:2022 and SOC 2 Type II, both with zero findings. Data hosted in Australia. The barrier that keeps startups out of government procurement. Integration depth Live inside TechnologyOne, Civica Authority, SAP, Oracle, ArcGIS and Intramaps. One application is replaceable. Four wired into permits, payments and fines is not. W H E R E W E O P E R A T E Australia · Singapore · Canada · USA · India A C R E D I B L E R E F E R E N C E B A S E Brisbane 14 years, Calgary 18 years and Singapore Land Transport Authority 14 years, all ongoing. 9
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5 Year Financial Summary REVENUE ($M) $9.2 $10.8 $12.1 $15.4 $15.4 FY22 FY23 FY24 FY25 FY26 GROSS PROFIT ($M) $5.6 $7.5 $8.8 $12.1 $12.5 FY22 FY23 FY24 FY25 FY26 EBITDA ($M) ($8.7) ($5.4) ($1.7) $1.6 $2.0 FY22 FY23 FY24 FY25 FY26 14% 5-year CAGR 22% 5-year CAGR Commentary • Strong Revenue growth with 14% CAGR over five years — FY25 revenue includes $1.8M upfront revenue in relation to Montreal contract completed on 30 June 2025 • Gross Profit improvement with 22% CAGR over five years from the transition to more recurring revenue and less lumpy upfront revenue • Positive EBITDA in FY26 and FY25 10
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Revenue seasonality Revenue seasonality more in line with historical split 1H / 2H REVENUE SPLIT ($M) 3.0 4.9 5.4 5.5 6.6 6.2 5.9 6.7 9.9 8.8 9.2 10.8 12.1 15.4 15.4 FY22 FY23 FY24 FY25 FY26 1H 2H Total Commentary • 2H revenue in FY26 was lower than PCP due to several large North American contracts completed in the PCP generating $3.65M revenue, including $1.8M upfront revenue in relation to Montreal contract completed on 30 June 2025 • In addition, several upfront revenue contracts were delayed in 2HFY26 and will be completed in FY27 • 2H revenue is historically stronger than 1H revenue due to timing of contract award and completion • The growth in ARR and the transition to more recurring revenue and less upfront revenue is expected to reduce this seasonality in future years 11
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Income Statement Income Statement Movement Movement $000 FY26 FY25 $ % Revenue Upfront hardware and implementation services 4,778 5,757 (979) (17.0%) Recurring licence, maintenance and usage 10,615 9,602 1,013 10.5% Total revenue 15,393 15,359 34 0.2% Cost of sales (2,886) (3,216) 330 10.3% Gross profit 12,507 12,143 364 3.0% Gross profit % 81.3% 79.1% 2.2% Other income 3,012 2,017 995 49.3% Operating expenses (13,516) (12,540) (976) (7.8%) EBITDA 2,003 1,620 383 23.6% Depreciation and amortisation (540) (724) 184 25.4% EBIT 1,463 896 567 63.3% Net finance costs (459) (381) (78) 20.5% Net profit before tax 1,004 515 489 95.0% Commentary • 10.5% increase in recurring revenue due to new customer contracts, 67.9% growth in customer usage revenue and transition from lumpy upfront revenue • Reduction in upfront revenue compared to prior year due to several large North American contracts completed in the second half of FY25 generating $3.65M revenue, $1.8M upfront revenue in relation to Montreal contract completed on 30 June 2025 • 2.2pp Gross Margin improvement due to shift from upfront revenue to higher margin recurring revenue • Other income increase due to higher R&D tax incentive • Operating expenses increase due to investment in headcount to support growth initiatives, sales and marketing activity, and higher technology costs 12
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Opex increase reflects investment in scale and capability Operating Expenses Movement Movement $000 FY26 FY25 $ % Administration expense 853 1,058 (205) (19.4%) Advertising & marketing expense 746 634 112 17.7% Other expenses 2,294 1,638 656 40.0% Occupancy cost 180 219 (39) (17.8%) Staff cost 7,530 6,051 1,479 24.4% Technology costs 1,985 1,552 433 27.9% Share-based payments expense (72) 1,388 (1,460) (105.2%) Total 13,516 12,540 976 7.8% • Admin expenses were lower than PCP due to a reduction in insurance and travel costs. • Advertising & marketing expenses were higher than PCP due to greater investment in marketing activities including conferences and trade marketing activities to drive revenue growth. • Other expenses were higher than PCP due to higher consultant spend to cover vacant senior roles and higher contractor costs to deliver customer projects. • Staff costs were higher than PCP due to strengthened executive roles, and additional sales and technical support roles to support growth in North America and Singapore. • Technology costs were higher than PCP due to increased cloud and data costs from higher recurring revenue and customer growth, and higher cyber security costs to strengthen the Company’s cyber security. • Share-based payments expense was a credit writeback in FY26 reflecting the final year of the three-year LTI plan, higher amounts accrued in prior years and only the service period component being satisfied in FY26. Commentary 13
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Cash and Debt Management Cash flow statement Movement Movement $000 FY26 FY25 $ % Receipts from customers 16,003 14,540 1,463 10.1% Payments to suppliers and employees (17,734) (14,612) (3,122) (21.4%) Net interest (377) (430) 53 12.3% Government grants received 2,053 2,262 (209) 9.2% Income tax paid (147) (65) (82) (126.2%) Net cash (used) / provided by operating activities (202) 1,695 (1,897) (111.9%) Cash flows used in investing activities (123) (88) (35) 39.8% Cash flows used in financing activities (431) (316) (115) 36.4% Net increase / (decrease) in cash and cash equivalents (756) 1,291 (2,047) (158.6%) Forex impact (136) (29) (107) 369.0% Closing cash on hand 1,941 2,833 (892) (31.5%) Net cash / debt position Movement Movement $000 Jun-26 Jun-25 $ % Borrowings: Rocking Horse (1,200) (925) (275) (29.7%) Director Loans 0 (310) 310 100.0% Finanzor (formerly TP24) (744) (468) (276) (59.0%) Total borrowings (1,944) (1,703) (241) (14.2%) Cash on hand 1,941 2,833 (892) (31.5%) Net cash / (debt) (3) 1,130 (1,133) (100.3%) Unused finance facilities 1,756 997 759 76.1% Movements based on whole numbers per financial report Commentary Cashflow: • Record FY26 customer cash receipts of $16.0M, up 10.1% on PCP of $14.5M • FY26 operating cash flow was a modest outflow of $0.2 million, primarily due to staff payments being impacted by an additional pay cycle in H1, which was a timing difference only. • Excluding this payment, FY26 operating cash flow would have been approximately $0.4 million positive. Net debt position: • Rocking Horse loan to be repaid following receipt of FY26 R&D tax offset refund expected in 1HFY27 • Director Loans repaid in FY26 14
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Balance sheet Balance sheet strengthened with improved net current asset position and reduced borrowings Balance Sheet Movement Movement $000 Jun-26 Jun-25 $ % ASSETS Cash and cash equivalents 1,941 2,833 (892) (31.5%) Trade and other receivables 2,703 2,400 303 12.6% R&D refund receivable 2,875 1,970 905 45.9% Other current assets 1,373 779 594 76.3% Total Current Assets 8,892 7,982 910 11.4% Non-Current Assets Goodwill and Intangibles 5,806 6,018 (212) (3.5%) PPE, Right of use and other assets 404 626 (222) (35.5%) Total Non-Current Assets 6,210 6,644 (434) (6.5%) TOTAL ASSETS 15,102 14,626 476 3.3% LIABILITIES Current Liabilities Trade and other payables 2,247 2,452 (205) (8.4%) Borrowings 1,944 2,153 (209) (9.7%) Other current liabilities 1,789 1,524 265 17.4% Total Current Liabilities 5,980 6,129 (149) (2.4%) Non-Current Liabilities Other non-current liabilities 80 275 (194) (70.9%) Total Non-Current Liabilities 80 275 (195) (70.9%) TOTAL LIABILITIES 6,060 6,404 (344) (5.4%) NET ASSETS 9,042 8,222 820 10.0% Commentary • Decrease in cash from June-25 due to large customer receipt in prior corresponding period and reduction in borrowings • Debtors increase due to customer growth • Inventory increase due to investment in SenForce and SenPic ahead of customer deliveries • R&D accrual higher in line with higher R&D spend • Increase in contract liabilities due to customer growth 15
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The growth opportunity and addressable markets Six pillars sitting across five independently forecast markets, every one of them growing. T A M 12,000+ cities worldwide with 50,000 or more inhabitants S A M 2,000 cities, excluding the very smallest SOM 1,000 cities in our focus geographies: North America, ANZ, Singapore, India T O D A Y 70+ cities running SenSen, around 6% of the obtainable market T H E M A R K E T S O UR S IX P IL L A R S S E L L IN T O Parking management US$12.4B by 2030 · 11.4% CAGR MarketsandMarkets, Sep 2025 ANPR systems US$6.4B by 2030 · 9.3% CAGR Grand View Research, 2024 Infrastructure asset management US$63.8B by 2030 · 9.2% CAGR Grand View Research Smart waste management US$5.8B by 2030 · 14.4% CAGR Research and Markets, Apr 2026 Noise monitoring US$0.9B 2025 · 5 to 6% CAGR MarketsandMarkets, Sep 2026 W H Y T H I S C O M P O U N D S SenSen is not exposed to a single market cycle. Six pillars sit across five separately forecast markets, and all six are sold from one platform, one install and one contract. O U R H O M E M A R K E T A L O N E 537 councils $48B annual spend 678,000km of roads $643B of assets Australian local government, ALGA Facts and Figures City counts: UN World Urbanization Prospects 2025, cities of 50,000 or more inhabitants at a density of at least 1,500 per km2. Australian local government: ALGA Facts and Figures, expenditure 2023-24. Market sizes are third-party estimates from the sources named. They are not additive and they overlap, because a single SenSen deployment can serve more than one category. 16
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Fuel retail: a national network, not a site count Definitions: 1. TAM: Total Addressable Market 2. SAM: Serviceable Addressable Market 3. SOM: Serviceable Obtainable Market 254 387 522 576 Jun-23 Jun-24 Jun-25 Jun-26 Consistent growth momentum, on infrastructure law enforcement already runs on A US T R A L IA N F UE L R E T A IL S IT E S T H E N E T W O R K B E H IN D T H E S IT E S 3,400 bowsers protected nationally 5M vehicle detections every month 12 law enforcement agencies authorised, including AFP, QPS and the NHVR 2018 A state police force has run SenBLUE inside its operations command centre since 2018 M AR KET SIZ IN G : AUSTR ALIA TAM 6,500 fuel stations in Australia SAM 4,000 stations, excluding very regional SOM 2,500 major brands and multi-site operators Today 576 sites live, at $4K to $6K per site per annum 30% 4-year CAGR 17
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www.sensen.ai | investors@sensen.ai SenSen Networks Ltd. (ASX:SNS)