Stake logo


How to buy shares in Acusensus Limited

Acusensus is improving road safety through advanced imaging and AI-enabled solutions used in camera-based “enforcement units”.

Acusensus Limited is planning to further develop its camera technology and business reach through funds from their recent ASX listing. From its founding in 2018 they’ve seriously kept their eyes on the road ahead. 

The company uses radar to detect vehicles and is able to take high resolution images at exposure times of up to 50 microseconds. This allows them to capture details on those travelling up to 300 km per hour. Acusensus’ cameras are advanced enough to find illegal mobile phone use and those not wearing seatbelts in images. 

The cameras also have automatic number plate recognition (ANPR) capabilities, which can distinguish licence plates to identify unregistered or wanted cars. The radar can also catch speeding. There’s potential to look at other challenges such as drivers going the wrong way, illegal overtaking and incorrect use of lanes reserved for certain types of vehicles. 

This ‘Heads-Up’ solution was originally designed for night times, then the glare and reflections from sunlight were eliminated to adapt it for 24 hour use. It works in all weather conditions, coming in either fixed or movable configurations. 

The AI then comes into play during the processing of all this data, and they’ve emphasised the additional privacy this brings. Their technology does initial review, meaning that over 95% of images are not even seen by humans and are deleted in real-time. The footage is anonymised ahead of review by people, who take the final look over the flagged cases. The data is only used to provide authorities with evidence during prosecution for illegal driver behaviour. 

New South Wales (NSW) is currently hosting a world-first automated mobile phone enforcement program. They found over 30,000 drivers using their phones whilst driving in its first three months starting in December 2019. By expanding to 135 million annual vehicle checks by 2023, independent modelling showed they could prevent approximately 100 fatal and serious injury crashes over five years.

Acusensus have over 20 revenue-generating clients to date, 4 multi-year State or Territory Government contracts and 10 live pilot programmes overseas and domestically. FY23F revenue reached $37m and EBITDA amounted to $3.2m, representing a Compounded Annual Growth Rate (CAGR) of 153% from FY20.

The global market for traffic enforcement solutions is estimated to be worth $1.76b in 2021 and could grow to $7.56b by 2026. Acusensus has only just turned onto the highway.

Acusensus is available to trade on Stake under the ticker ACE.


Want more?

You know what to do

Insights, trends and company deep dives delivered straight to your inbox.

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2023 Stake. All rights reserved.