Ensilica PLC (GB:ENSI) has released an update.
EnSilica PLC, an ASIC manufacturer, has reported a strong fiscal year with record revenues of £25 million and a profit after tax of £1.9 million, an improvement over the previous year, despite a changing business mix due to the slower economy. The company anticipates sustained growth, projecting over £30 million in revenue and £5.0 million in EBITDA for the next fiscal year, driven by demand in the communications, industrial, automotive, and healthcare sectors. EnSilica continues to expand its global presence, including the successful establishment of a new subsidiary in the United States.
For further insights into GB:ENSI stock, check out TipRanks’ Stock Analysis page.
