middle.news

How RemSense’s Tier-1 Project Wins Are Shaping Its Turnaround in FY26

8:30am on Thursday 26th of February, 2026 AEDT Technology
Read Story

How RemSense’s Tier-1 Project Wins Are Shaping Its Turnaround in FY26

8:30am on Thursday 26th of February, 2026 AEDT
Key Points
  • H1 FY26 revenue declined 49% to $1.587 million due to milestone-based delivery timing
  • EBITDA turned positive at $109K, with cash EBITDA reaching $237.7K
  • Strong Q2 invoicing of $1.685 million from Tier-1 energy and resources projects
  • Recurring subscription revenue expanded with renewals from Woodside and Newmont
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about REMSENSE TECHNOLOGIES (ASX:REM)
OPEN ARTICLE