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How Did Acusensus Achieve 40% Revenue Growth Despite a $20.8M Loss?
8:20am on Thursday 26th of February, 2026 AEDT
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Technology
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How Did Acusensus Achieve 40% Revenue Growth Despite a $20.8M Loss?
8:20am on Thursday 26th of February, 2026 AEDT
Key Points
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
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