ACE - Acusensus Limited

[System]

Acusensus is an Intelligent Traffic Solutions (ITS) technology company that has designed, developed and commercialised camera technology focussed on the detection, capture and referral of motorists using mobile phones illegally whilst driving.

Acusensus provides hardware, software and service solutions which allow its clients to monitor unsafe road usage by distracted drivers through its cornerstone solution Acusensus Heads-Up. Acusensus Heads-Up is an enforcement camera solution which detects drivers using their mobile phones whilst driving.

It is anticipated that ACE will list on the ASX during January 2020.

Changing Behaviours, Saving Lives | Acusensus

Changing behaviours and saving lives, Acusensus pioneers in intelligent solutions that can be rapidly deployed to address road safety challenges.

www.acusensus.com

 

[UMike]

You'd think that an AI company with Government contact based on safety initiatives would be a sure winner. Any interest here?

In 2022-23 Acusensus posted revenue of $42 million, up 46 per cent and a slender $400,000 net profit. The year has started well, with September quarter revenue of $12.1 million (up 22 per cent) and $2.9 million of operating cash flow.

Somehow commsec has a 52 week high at $4 but I can't see why.

 

[Craton]

Interesting tech and state govts. are certainly buying or extending contracts. Feb 2024 stock tip comp. pick.

 

[UMike]

I agree it is a very interesting company.

But the volume is almost non-existent.

 

[UMike]

Preferred Vendor status gains it 6%.

Think I missed the boat on this.

 

[Dona Ferentes]

ACE is rebounding

 

[Craton]

ACE has taken a dive as it missed out on the European tender.

 

[UMike]

Back on the watch list for the resident Bottom picker.