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Etherstack PLC (ASX:ESK)

ALERT: Price-sensitive ASX Announcement for ESK
Current share price for ESK : $0.620 0.12 (24%)+
Announcement
Release
20 Aug 2026 9:11AM
Price at Release
$0.500
Full Release
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Summary
Etherstack PLC, an Australian-owned business listed on the ASX, reported a record half-year revenue for 2026, equating to 84% of the previous year's full revenue. The company saw a 40% increase in revenue for H1 2026 compared to the same period in 2025, driven by key contracts such as a significant AT&T deal and a UK Government contract. The strategic review announced is meant to optimize long-term shareholder value, with completion expected by September 2026. The company is expanding its market presence with new MCX technology and successful defense project milestones in Australia. Etherstack's strong balance sheet and strategic investments are expected to sustain revenue and profit growth, with a positive outlook for the second half of the financial year 2026.
Key Points
  • Record half-year revenue in 2026, equal to approximately 84% of full-year revenue for 2025
  • H1 2026 revenue up 40% compared to H1 2025
  • Important contracts include a US$20m+ AT&T deal and GBP15m+ UK Government deal
  • Strong balance sheet with prudent investment in working capital and intellectual property
  • Management expects a strong performance in H2 as once-off costs abate
  • Etherstack’s new MCX technology bridges 4G/5G networks with government radio networks
  • Strategic review announced to maximize long-term shareholder value, expected to complete in September 2026
  • Major milestones in Australian defense project completed
  • Significant expected revenue contributions from UK Government, Commonwealth of Australia, and new product lines
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.