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Elsight Ltd. ( (AU:ELS) ) has provided an announcement.
Elsight Ltd. has reported record-breaking revenue for the first half of 2025, driven by strong industry tailwinds and major contract wins. The company achieved a 340% increase in revenue compared to the first half of 2024, reaching approximately US$4.8 million. This growth is supported by a robust order book and strategic sales and marketing efforts, positioning Elsight as a critical enabler in next-generation defense programs. The company’s sustainable business model, characterized by favorable contract terms and strong cash flow, underpins its path towards profitability in the second half of 2025.
More about Elsight Ltd.
Elsight Ltd. is a company specializing in carrier-agnostic, multi-path connectivity solutions. The company focuses on providing connectivity solutions for defense and commercial markets, leveraging industry trends such as rising global defense budgets and the integration of commercial drones.
Average Trading Volume: 896,725
Technical Sentiment Signal: Buy
Current Market Cap: A$349.9M
For an in-depth examination of ELS stock, go to TipRanks’ Overview page.