Why did Etherstack (ASX:ESK) experience revenue growth in the first half of the 2026 financial year?

Etherstack (ASX:ESK) grew its first-half revenue by 39% because it secured material new contract awards and follow-on orders. These new agreements included deals with the Australian Border Force and the UK Home Office.

What are the specific first-half financial results for Etherstack (ASX:ESK)?

Etherstack (ASX:ESK) achieved a record first-half revenue of US$8.5 million for the period ended June 30. The result hit the absolute top end of the company's previously issued guidance range of US$7.6 million to US$8.5 million.

What does the current order book look like for Etherstack (ASX:ESK)?

Etherstack (ASX:ESK) announced new contract awards and follow-on orders that add to more than US$40 million, or approximately $60 million, in new sales from the second half of last year.

What is the future pipeline timeline for the new Etherstack (ASX:ESK) Communications-as-a-Service revenues?

Etherstack (ASX:ESK) expects its new Communications-as-a-Service revenues to expand through the 2026 and 2027 financial years. The company forecasts a more significant step up in the 2028 financial year when its UK project is expected to go live.

How is Etherstack (ASX:ESK) performing against its full-year financial forecasts?

Etherstack (ASX:ESK) remains on track to exceed last year's full-year revenue by 70%, with management reaffirming its full-year guidance range of US$17.2 million to US$18.9 million.

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Etherstack records US$8.5M first half revenue

Written by Jon CuthbertPublished Jul 12, 2026, 10:55 PM

Etherstack achieved a 39% increase in first-half revenue to reach US$8.5 million.
The company's share price remained unchanged at $0.53 following the market update.
Management reaffirmed its full-year revenue guidance backed by new material contract awards.

Etherstack (ASX:ESK) recorded a 39% increase in first-half revenue to US$8.5 million for the period ended June 30.

The revenue figure hit the top end of the company's previously issued guidance range of US$8.5 million.

This first-half performance represents over 80% of the full-year revenue achieved during the 2025 financial year.

New contract awards included agreements with the Australian Border Force.

Following the announcement, the Etherstack share price was unchanged at $0.53.

The company reaffirmed its full-year revenue guidance of between US$18.9 million for the 2026 financial year.

Management stated that recurring support revenues are expected to exceed US$5 million in the current financial year.

Etherstack records US$8.5M first half revenue

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