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Etherstack PLC (ASX:ESK)

ALERT: Price-sensitive ASX Announcement for ESK
Current share price for ESK : $0.540 0.04 (8%)+
Announcement
Release
20 Aug 2026 8:34AM
Price at Release
$0.500
Full Release
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Summary
Etherstack plc reported an increase in revenue by 40% to $8,498,000 for the half year ending 30 June 2026, compared to the previous year, driven largely by increased project and support revenues. Despite the revenue growth, the company's EBITDA decreased by 19% to $2,055,000, and net profit attributable to members decreased by 67% to $432,000. This decline was attributed to increased direct project costs and higher non-cash depreciation and amortization costs. The company's financial position remains stable with no dividends declared or paid, and positive cash flows from operating activities. The report highlights Etherstack's focus on standards-compliant technology, which aids in reducing costs and ensuring interoperability for its clients.
Key Points
  • Revenue increased by 40% to $8,498,000.
  • EBITDA decreased by 19% to $2,055,000.
  • Net profit decreased by 67% to $432,000.
  • Project and support revenues were major contributors to revenue growth.
  • Increased direct project costs impacted gross margin.
  • No dividends were declared or paid during the period.
  • Cash flows from operations remained positive.
  • Focus on standards-compliant technology for interoperability and cost reduction.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.