ASX:ACE

2 stories mentioning ASX:ACEUpdated 21m ago

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Acusensus Extends New South Wales Mobile Speed Camera Services Agreement; Shares Up 9%

Acusensus (ASX:ACE) secured an extension to its mobile speed camera services agreement with Transport for New South Wales beyond its original June 30 expiry, according to a Monday filing with the Australian bourse.The extension is valued at around AU$16 million per six-month period, per the filing.The contract has been extended under a deed of variation for six months from July 1 to Dec. 31, with Transport for New South Wales retaining an option to extend it for a further six months into 2027, the filing said.The company stated that the tender process for a new long-term mobile speed camera services contract with Transport for New South Wales remains in progress, the filing added.The company's shares rose 9% in recent Monday trade.

ASX:ACE

Asia47d ago

Acusensus to Grow US Headcount Amid Record Sales Pipeline; Reaffirms Fiscal 2026 Guidance; Shares Down 6%

Acusensus' (ASX:ACE) sales pipeline in the US is broader than it ever has been, according to a Wednesday filing with the Australian bourse.In response, the company said it plans to grow its headcount in the country to about 50 employees by the end of the financial year.The company is advancing "a substantial US pipeline" with active opportunities at the state, community, and federally funded levels, it said, adding that multiple states have filed for federal funding to support real-time distracted driving and seat-belt enforcement programs.Acusensus also reported three concurrent operational programs now live in the UK, and its New Zealand mobile speed enforcement program operating at full run-rate.The company reaffirmed its fiscal 2026 guidance for revenue of AU$83 million to AU$87 million and adjusted earnings before interest, taxes, depreciation, and amortization of AU$7.2 million to AU$8.2 million.Acusensus' shares fell nearly 6% in recent Wednesday trade.

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