Have you read their Annual Report released a month or so ago?
SNS tech is not about cameras on poles or moving vehicles or eye in the sky cameras of casino's as you put it.
Its a software company with deep AI tech to ingest data from cameras and sensors like GPS and Lidar, whether they are moving around on top of the cars or on fixed poles or in the smart phones to deliver insights and drive productivity solutions. They have developed this software platform called SenDISA that is the backbone of their IP and used to solve many customer use cases of high value:
1. detect and track illegal parking on roads and automate backend processes to issue fines in highly automated manner
2. detect and track speeding vehicles
3. detect and track people using mobile phones while driving
4. track customer activity at betting table to the minute level of details like who is placing bets around gaming tables
They have solutions for airports, casinos, retail, smart cities and more applications.
More importantly, they have been able to execute a strong and growing ARR from their software as outlined in their Annual Report.
So what are you missing ... a lot of detail about the significant differentiators this company has developed and how they are slowly and steadily growing their ARR and global footprint.
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