SenSen Video Analytics Company Profile
Australia's SenSen is a publicly-traded company that has made 2 acquisitions in the past year and aims to be the SAP of video, but what does that mean and how is the company positioned?
IPVM analyzes the public company's financials and speaks with SenSen founder and CEO Subhash Challa to profile the company
SenSen **********
****** *** ******* ** **** ** the********** ** ********** *************** ********* ************ ** ***** ********* ** 2014. ****** **** **** ****** *** 200 *********, *** ****-**** *** ** contractors. ********* *** *&* ** ***** in ********* ***** ** ********* *** located, *********** *** ******** ******* ** based ** ***** ***** *** ********* work, *** *** ********* ** **** in *****/******** *********** ********.
****** *** **** ****** ***** ** *** ********** ************* * *********** ******** ** ******* ******. *** ******* ** ****** ** roughly $** ******* ***** *** ********** *********** *** ******* *********/**** ******* ** $5 ******* ** * ***** ******* VSaaS ******* *** ****** *********. **** have $* ******* **** ** **** (unaudited *******) ***** ***** ***** * years ** ********* **** ** ***** FY2020 ****.
**** *-****** ***** ****************** ****** ******* ** *** *******'* start *** ******:
Recurring ******* *******
****** ****** *********** **** **** ******** ** ********* revenue **** ****** ** ****** **** more ********* ******. (******'* ********* **** FY **** **** ****.) **** ******* grew **** $*.* ******* ** ****** to $*.* ******* ** ****** ** $2.7 ******* ****** *** **** $* million ** ***** **** **** ****** for ** ****. $***,*** ** *** $5 ******* ** ********** ** ***** Scancam ***********, *** ******** ******* ********* revenue ****** ** ***** **% ***. This ******* ** * *-**** **** of **% *** ******* **** ** 30%. ****** **** ******* **** *****, a ***% *** ********* ****, *** said **** ***** *** *-**** *********.
Not **********
****** ** *** ********** *** **** not ****** ** ** ********** ** FY2022, ******* **** **** **** ****** to ***** ** ****** *******. ****** loss *** *** **** ********, *** they ******** *** **** ** **** loss ** $***,*** **** **% *** from $*.* *******. *******, **** *** before ***** ****** *********** ***** *** spending *** **** ********* ** * result.
Go ** ****** *** *** *******
****** **** **** **** **** ******** and ******* ******* ********. **** ***** that **% ** ******* ***** **** parking ***********, **% ********** *******, *** 20% **** ****** *********. **** **** 35 **** *** ****-**** *********, * airport, * *******, *** *** ****** stations. ****** **** **** *** ********* targeting ***** *******, *********, *** *******, and ********* ****.
SaaS *** *****
****** **** **** *********** ***** ********* are ***** ************ *** ***** ****** in * ********* *****. **** ***, Challa ***** ** ******* ********* *** different ********** ***** ** *** **** technology. ** **** ****** ** **** to ******* **** **** * ******* of ********* ******* *** ******* ******** for ******** ******** **** ******* **** to *******:
***** ********* ** ******* ************ *** over ****, **** **** **** ** hard *** ***** ********* ********* ** make ** ****** ** *** *****.
***** ** ** *********** ** ***** high ***** ******** ******** **** ***** cameras *** ** *** **********, **** of ***** **** ***** ******** ******** leading ** **********, ****** *****, ********** revenues ** ******** ******* *** ******* multi-cameras **** *** ***** ********* ** additional ******* ***** *****-****** **** ****** and ******** ************.
****** ** ***** ************* * ***** analytics, ** *** **** ************, ******* that ****** ****** *********** ** ***** input *** *******. *******, **** *** seen **** **** ********* ******* ******** compared ** *** *** ****** ************* and ******** ** ***** *** ********* markets **** ******* **** ** ******* could **** ******.
Homegrown ********* *** *******
****** **** **** ***** ******* ****** aggregation ******** ** *** **** *** their ***** **** ****/******* *** ****** solutions. ****** **** **** *** ******** was *** **** **** ** *********** and *** ** ******* ** **** different ******** *****. ********* *** ** displayed ** ******'* ********* ** ********* to ******* *** ***** *****.
******* *** *******/******** ********
*** ******* ***********, ****** **** **** the ********* ** ******* *** ** filmed *** **** ***** *** ****-********* by ***** **** ** *****. ****, cars **** ******* *** ***** *** ticketed **** ***. ****** **** ** an **** ******* *** ** ************** by *** ********, ***** **** ** relabel **** *******.
SenFORCE ******* *** **** ******
******** *** ** ******* ** *** of * *** ** * ***** Rack ** ******* ** *** ******. SenFORCE ******** $**,*** + ** ******** including **** ******* *** * ****** with ****** ****. ** ***** ******* more ******* ******* **** ** ***** for **** *** **** ********* *********, hardware ***** ***** ***** $***,*** ****** says. ****** **** **** **** ****** 10%-15% ** ****** ******* ** $**-$*** a ******* **** (*** ****** **** typically ****** *,***+ *****) * ***** for ********.
**** *-****** ***** **** ****** ******* on ********:
GeminEye/Mobile ******* ********
******** ** ** ******* ********** ******* of ***** ******* ******** **** *** be **** *** ******* *********. *** phone ** ****** *** ** **** by ** ******** ** ******* ** a ****. ****** **** ** *** automate ******* *********** *** ******** ******** if **** **** ******** ******* **** periods. ** ********, *** *** *** create * ****** ******* ********** ** to * ******* ** *** *****.
**** *-****** ***** **** ****** **** over ********:
****** **** **** ******* ****** **** method ** *** *** *** ** was ********** **** ** *** ****'* system. ***** ***** ******* **** ******** rapidly, **** ******** **** **** *** not ******** *** ******* *********** **** variable ******* *** ********, ** *** 24/7 *** **** ** ******* ** a ****.
SenGAME ******** *** *******
Acquisitions ** **** ************ *** *******
************** *** ******* ***** ******** ********* Scancam*** ***$*.* ******* ($*.** *******) ** equity *** ***$* ******* ($***,***) **** in *** **** *** *****-****** ******** company **** ******* ************ (******** ** **** ** ****) ******$* ******* ($***,***) ** ****** ******** 2020. ****** **** **** **** **** on ******* ********* ******* ******** *&*, but *** ******* ********* ** *** future ** **** *** * **** opportunity. **** ***** ********* ** ******** company ***** **** **** ******* *****'* goal ** ****** ******** *******.
******* ********
******* ***** * **** ******* ***** prevention ******** ***** ** ***/****. ****** of ****** *** **** **** **** a ****-***/*** ** **** **** *** do *** *** *** ***** ** a ******** *** ***** ** ****** the **** **** **** *** ****. SenSen **** ******* ** ***** **** by *** *** ******** ** *********.* ****** ***** ************ *** *********** **** ******* ** near *****-**** **** $*.* ******* ** annual *******, $***,*** ** ***** *** recurring.
******'* ***** *** *******
****** **** **** **** **** ** adapting *** ********** ** ****** ***** using ***** ******* ** ******* ******. They ***** **** **** **** ** keep *** ****** ********* ** **** alerting ***** ** ******* *******, *** matching ***** **** * **** ** previous *****. *******, ****** *********** ** more *********** **** *** *** **** controversial.
**** ******* ************ ********
**** ******* ************ ****** ********* ******* cameras **** ******* ********, ** **** relevant ***** *** ***** ******** ****** cameras (******** ** **** ** ****). ****** **** **** **** *** using **** ******** ************'* ********** ** expand ***** ******** ******** **** ********** a ****** ***** ** ******** ****** and ***** **** *****-**-***** ****** * Casino.
Hardware *************
****** **** **** **** *** ********** with "****, *********, *******, *******, *** and ******* ***** ******* *************" *** told **** **** ******* **** ****** drivers. **** ***** **** **** ********* use **** ******* **** **** ***** Axis ****** *** ********* ***** ******* it.
*** **********, ****** **** **** **** with ******, ******** **, **** *******, and ****** ***** ****.
External ********* ************
****** **** **** *** ********* **** "Milestone, ******* (*******), *********, ******** *** a *** ***** [****]", ****** ********** tools, ******* *****, *** ******* **** APIs ** ******** ** ***** *** interface.
Self ******* ****
****** ******** *** ********** ******** *** startup*** ******** ************ ***** ** ******* ********** ******** ********. ****** **** **** ********'* *******, bicycle, **********, ******* **** ***********, *** sign *********** ********* ** *** ********** to ********** ****. ****** ****** ** a "**** *** ***********" **** ** plans *** ********** ********** ** ***** part. *** **** **** **** ****** approached **** *** ***** ** ******* with *** ********** ********* ****** ** make *** ******* **********. *** **** they ****** *** **** ** *** road ** ********* ** *-* ***** and ****** **** *** ** ******* the ********. **** *** ********* **** trillion-dollar **** *********, **** ************* **** supply ****** *** ****** ** *****. And, **********, **** ********* **** **** the ***** *** ******* ** **** of *** **********.