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Acusensus Ltd ASX:ACE

0 opened or increased2 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

20252026

29 Feb 2024 to today

Commentary Showing 2 of 18

DateManagerActionSummary

30 Sep 2026Cyan Investment ManagementHeldCyan Investment Management continues to hold Acusensus because it sees ongoing progress in the road-safety technology company's domestic footprint, despite the shares falling 18.3% in September 2026. Acusensus now operates across every state and territory except Tasmania and the NT, and entered an agreement to establish camera test sites in Victoria, its first pathway into that market. While not yet financially material, Cyan views this as a potentially important lead indicator. After month-end, Acusensus secured an extension to its NSW mobile speed-camera contract, which Cyan says largely de-risks FY27 revenue guidance of $100–106m, representing 16–23% growth. Cyan is watching for further catalysts in Australia and offshore, particularly the USA.

Monthly Report, price recorded $1.03

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31 Aug 2026Cyan Investment ManagementHeldCyan Investment Management continues to hold Acusensus without change, noting the stock rebounded strongly after a record FY26 result that beat top-end EBITDA guidance. The manager frames the traffic-camera operator as building a stable, recurring revenue base through expanding global camera deployments, pointing to ongoing contract negotiations, the rollout of new product Foresite, and roughly $26 million of net cash as reasons it continues to see upside in the stock.

Recurring RevenueMonthly Report, price recorded $1.26

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16 more comments on ACEPro shows every comment, with a link to each source document.

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First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 2 managers first commented on ACE.

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Articles

30 Sep 2026Acusensus Rallied 75% on Its First Major US Contract, Then Delivered a Record Result

About Acusensus Ltd

Information Technology, Software

Acusensus (ASX:ACE), the AI traffic camera company, is a high-conviction small-cap holding for Cyan Investment Management and Ellerston Capital. In August 2026, Cyan said the shares rebounded strongly after a record FY26 result beat the top end of EBITDA guidance, describing a business building a stable, recurring revenue base through expanding global camera deployments. Ellerston noted cameras are deployed across Australia, New Zealand, the UK and the US, with strong revenue growth expected. Acusensus operates in the Information Technology sector within the Software industry, and Thesis Tracker has captured 17 comments from 2 fund managers, Cyan Investment Management and Ellerston Capital. Founded in 2018 in Melbourne, Acusensus develops automated camera enforcement technology that uses artificial intelligence to detect mobile phone use, seatbelt non-compliance, speeding and red-light offences, helping governments reduce road trauma.

Market cap: $175m
Price to earnings: Loss-making
Return on equity: -44.0%
Dividend yield: 0.0%
Price to book: 3.56x
Net margin: -28.2%
52-week range: $0.97 to $2.13

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Acusensus Ltd (ASX:ACE)?

Fund managers including Cyan Investment Management and Ellerston Capital have invested in Acusensus Ltd (ASX:ACE).

What opportunities or catalysts do fund managers highlight for Acusensus Ltd?

Cyan highlights record results above guidance, growing recurring revenue from camera deployments and a pipeline of material new contracts it expects to land. Ellerston points to new operational contracts and international expansion across the UK and US as drivers of strong revenue growth.

What are the key risks to the Acusensus Ltd investment thesis, according to fund managers?

Both managers note significant share price volatility, with falls of 21% and 12% in single months amid weak sentiment toward small technology stocks rather than company news. Growth depends on the timing of government contract awards.

What does Acusensus Ltd (ASX:ACE) do?

Acusensus Ltd. is an Australian-based technology company founded in 2018 in Melbourne. The firm specializes in automated camera enforcement technology designed to reduce preventable road trauma. Acusensus provides comprehensive solutions that integrate data security and evidence-based case studies to support its enforcement systems. As an industry leader in road safety technology, the company focuses on deploying automated monitoring tools to enhance traffic law compliance and public safety.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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