Etherstack records US$8.5M first half revenue

• 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.