Acusensus Limited reported a robust 40% increase in revenue to $40.3 million for the half-year ended December 2025, driven by new contracts and international growth. However, the company recorded a substantial $20.8 million loss, largely due to a $16 million litigation settlement and strategic investments in future growth.
- 40% revenue growth to $40.3 million driven by new contracts in Australia, New Zealand, and the USA
- Loss widens to $20.8 million, impacted by $16 million litigation settlement with Redflex Traffic Systems
- Secured $30 million equity raise and new debt facility to support expansion
- Significant contract expansions with Western Australia Road Safety Commission adding $24.3 million in value
- Forsite segment advances predictive safety technology with early market contracts
Strong Revenue Growth Amid Expanding Contracts
Acusensus Limited has delivered a notable 40% increase in revenue for the half-year ended 31 December 2025, reaching $40.3 million. This growth was underpinned by new and expanded contracts across multiple regions, including Australia, New Zealand, and the United States. Key contributors included the New Zealand mobile speed program, Western Australia's multi-function trailer enforcement, and an expanded Queensland distracted driving initiative. The international business now accounts for 22% of group revenue, reflecting the company’s growing global footprint.
Losses Widen Due to Litigation and Strategic Investments
Despite the revenue surge, Acusensus reported a significant loss after tax of $20.8 million, a sharp increase from a $511,000 loss in the prior corresponding period. The widened loss primarily reflects a $16 million settlement expense related to a legal dispute with Redflex Traffic Systems Pty Ltd, resolved in early February 2026. Additional costs arose from investments to support incremental revenue growth and strategic initiatives, including research and development in the Forsite predictive safety segment.
Capital Raising and Debt Facility Bolster Growth Prospects
To underpin its expansion plans, Acusensus successfully completed a $30 million equity raise in December 2025, strengthening its balance sheet. Complementing this, the company secured a new debt facility with Citibank N.A., providing access to revolving credit and other financial instruments to support ongoing growth opportunities. These financial moves position Acusensus to capitalise on its expanding contract portfolio and accelerate innovation.
Contract Wins and Extensions Signal Market Confidence
Since mid-2025, Acusensus has secured several material contracts, including a five-year $8.7 million fixed-site safety camera contract with the Western Australia Road Safety Commission and a $22.6 million automated speed enforcement contract in Connecticut, USA. Further expansions with Western Australia have added incremental contract values exceeding $24 million, reflecting strong client confidence in Acusensus’ technology and service delivery.
Forsite Segment Advances Predictive Safety Technology
The company’s Forsite business segment, launched in October 2025, focuses on predictive roadside worker safety solutions. While still in a high-growth investment phase, Forsite has secured long-term contracts with four customers and is conducting multiple pilots, signalling early market traction. This segment represents Acusensus’ strategic pivot towards connected, proactive safety technologies beyond traditional enforcement.
Bottom Line?
Acusensus’ strong revenue momentum is tempered by significant litigation costs and investment outlays, setting the stage for a critical period of operational execution and market validation.
Questions in the middle?
- How will the $16 million litigation settlement impact Acusensus’ cash flow and profitability in the coming quarters?
- What is the growth outlook and revenue contribution expected from the Forsite predictive safety segment?
- Can Acusensus sustain its contract momentum internationally, particularly in the competitive US market?