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25 July 2018
Australian Securities Exchange (ASX) Announcement

Highlights:

  • Record cash receipts from customers of US$2.1 million for the quarter, reflecting continued sales growth in location awareness solutions and microdevices
  • Achieved FY18 revenue of US$6.35 million, within guidance and representing a 420%
    increase over FY17
  • Raised FY19 revenue forecast to between US$10.5 million and US$11.5 million, updating
    previous forecast of 60% growth to 70% growth
  • Secured Harvard University’s Wyss Institute for Biologically Inspired Engineering as a
    revenue-generating client in the precision medicine and personalised health sector
  • Boosted financial flexibility in gaining access to US$2.3 million in new funding, including a US$1.2 million credit facility and US$1.1 million in cash through sale and leaseback of
    production equipment
  • Continued growth in demand for the Company’s sensor-based IoT solutions underpins
    target of positive cash flow in late FY19

Sensera Limited (ASX: SE1, “Sensera” or “the Company”), an Internet of Things (IoT) solution provider that delivers sensor-based products transforming real-time data into meaningful information, action and value, is pleased to report on its activities for the quarter ended 30 June 2018.