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Sensera (ASX:SE1) has today released its report for the quarter ended 31 March 2017, detailing its progress in achieving the goals the company set in February of 2017.

The company has made good progr ess in satisfying these objectives to date and has reaffirmed its revenue forecasts for both 2017 and 2018.

During the quarter ~US$2.7m was spent on operating activities, generating US$160k of initial cash inflows. The company holds ~US $5.6m in cash, which will be available to fund any acquisitions in the medium-term.