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Silex Systems Limited (ASX:SLX)

ALERT: Price-sensitive ASX Announcement for SLX
Current share price for SLX : $4.710 -2.05 (-30.33%)+
Announcement
Release
25 Feb 2026 8:49AM
Price at Release
$6.760
Full Release
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Summary
Silex Systems Limited reported its half-year financial results for the period ending 31 December 2025. The company achieved a significant increase in revenue from ordinary activities, amounting to $14.2 million, which was a 111.6% increase compared to the previous year. This growth was primarily due to milestone revenue linked to their SILEX uranium enrichment technology, recognized after achieving TRL-6 in October 2025. Despite the revenue increase, Silex reported a net loss of $17.9 million, slightly better than the $18.1 million loss in the previous period, attributable mainly to increased activity in their joint venture with Global Laser Enrichment (GLE). The company’s cash holdings rose to $201.7 million, facilitated by a successful capital raise of $142.7 million. Silex continues to focus on commercializing its laser enrichment technology across global markets, with significant investments in advancing the SILEX technology for nuclear fuel and quantum silicon production.
Key Points
  • Revenue from ordinary activities was $14.2 million, up by $7.5 million from the previous year.
  • Milestone revenue of $7.6 million was recognized from the SILEX uranium enrichment technology.
  • The net loss was $17.9 million, a slight improvement over the previous year's $18.1 million.
  • Silex's cash holdings increased to $201.7 million due to a capital raise.
  • The company is focused on the commercial deployment of the SILEX technology.
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.