Acusensus Reports 20% Revenue Growth, $376M Contracts, and $5.7M EBITDA in FY25

Strong Momentum in FY25

Acusensus Limited (ASX, ACE), a pioneer in road safety enforcement technology, has delivered a solid FY25 performance marked by a 20% increase in revenue to $59.4 million. This growth was underpinned by a series of new and expanded government contracts across Australia and internationally, including a landmark mobile speed camera contract in New Zealand and expanded real-time enforcement programs in the United States.

The company’s total contract value soared by 84% to $376 million, reflecting significant contract wins in Western Australia, New South Wales, Queensland, the Australian Capital Territory, and New Zealand. These contracts not only secure recurring revenue streams but also reinforce Acusensus’ position as a trusted provider of essential government services in road safety enforcement.

Navigating Profitability Amid Growth Investments

Despite the top-line momentum, Acusensus reported a 12% decline in adjusted EBITDA to $5.7 million, primarily due to increased operating expenses. The company has invested heavily in expanding its workforce and operational capabilities to support growth initiatives, particularly in the UK and US markets. This strategic spending reflects a deliberate focus on scaling the business and developing new product lines, including road worker safety technology and impaired driving detection solutions.

Gross profit rose 18% to $26.6 million, with a slight margin contraction to 44.8%, indicating efficient cost management despite the expansion phase. The company’s balance sheet remains robust, boasting $21.5 million in cash and term deposits and no external debt, providing a strong foundation for future investments.

International Expansion and Innovation Drive Future Growth

International revenues doubled to contribute 7% of group revenue, driven by new contracts and deployments in the US, UK, and New Zealand. Notably, Acusensus secured a five-year NZ mobile speed camera contract valued at up to NZ$92 million, with full deployment expected by mid-FY26. In the US, the company expanded its footprint to 12% of states with real-time enforcement contracts targeting distracted driving and seatbelt compliance.

Innovation remains a core pillar, with ongoing R&D efforts yielding new enforcement technologies such as railway crossing safety cameras, worker safety platforms, and next-generation AI imaging. The commercial launch of the road worker safety solution is anticipated in October 2025, signaling Acusensus’ commitment to addressing critical safety gaps beyond traditional enforcement.

Outlook, Ambitious Growth and Strategic Focus

Looking ahead, Acusensus projects FY26 revenue between $79 million and $84 million, representing a 33-41% increase over FY25. This forecast is supported by the full mobilization of the New Zealand contract, expanded US market penetration, and the commercial rollout of new safety technologies. The company’s strategy emphasizes long-term contract retention, geographic expansion, and continuous product innovation to sustain growth and enhance shareholder value.

While the company faces typical risks associated with contract mobilization and regulatory environments, its strong government client base and recurring revenue model provide a degree of stability uncommon in the technology sector. Acusensus’ disciplined management and investment in operational excellence position it well to capitalize on evolving road safety enforcement needs globally.