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Elsight Ltd.
(Sydney:ELS)
Elsight Ltd. (ELS) vs. iShares MSCI Australia ETF (EWA)
Elsight Ltd. Business Overview & Revenue Model
Elsight Ltd. Earnings Call Summary
Elsight Ltd. Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.59M | 2.03M | 1.54M | 1.19M | 574.01K |
| Gross Profit | 16.09M | 1.17M | 807.52K | -564.98K | -935.29K |
| EBITDA | 6.17M | -3.19M | -2.60M | -4.40M | -5.92M |
| Net Income | 7.75M | -3.87M | -3.68M | -6.21M | -6.04M |
Balance Sheet | |||||
| Total Assets | 64.17M | 2.26M | 4.44M | 10.33M | 3.82M |
| Cash, Cash Equivalents and Short-Term Investments | 59.08M | 885.67K | 2.70M | 5.19M | 2.03M |
| Total Debt | 206.40K | 180.10K | 5.32M | 4.25M | 339.54K |
| Total Liabilities | 13.17M | 1.11M | 6.10M | 7.60M | 992.97K |
| Stockholders Equity | 51.00M | 1.15M | -1.66M | 2.73M | 2.82M |
Cash Flow | |||||
| Free Cash Flow | 20.39M | -1.78M | -2.24M | -5.30M | -5.76M |
| Operating Cash Flow | 20.44M | -1.77M | -2.19M | -5.30M | -5.72M |
| Investing Cash Flow | -226.88K | -16.89K | -44.08K | -3.53K | 106.03K |
| Financing Cash Flow | 38.34M | -37.49K | -119.42K | 6.96M | -252.07K |
Elsight Ltd. Technical Analysis
Elsight Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$1.04B | 82.12 | ― | ― | 191.25% | 19.43% | |
70 Outperform | AU$338.96M | 31.10 | 19.64% | 1.10% | 37.80% | 28.88% | |
68 Neutral | AU$464.65M | 18.23 | 8.20% | ― | 1.06% | -30.96% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | AU$1.05B | -22.87 | -50.48% | ― | 333.23% | 10.83% | |
50 Neutral | AU$17.72M | 15.77 | -135.89% | ― | -21.60% | -657.00% | |
43 Neutral | AU$110.19M | -14.55 | -140.76% | ― | -41.24% | 75.68% |
Elsight Ltd. Corporate Events
Elsight Limited has lodged its updated corporate governance statement for the financial year ended 31 December 2025, confirming that the document is current as of 25 February 2026 and approved by the board. The statement, accessible via the company’s website, outlines its adherence to ASX Corporate Governance Council recommendations, including board charters, director appointment processes and company secretary accountability, reinforcing transparency for investors and compliance with listing rules.
The company has also submitted a completed Appendix 4G to the ASX, which serves as a key for locating governance-related disclosures and as verification that Elsight has met the corporate governance disclosure requirements. By following these governance practices and clearly mapping where disclosures can be found, Elsight aims to provide stakeholders with better visibility into its management and oversight structures while demonstrating alignment with regulatory expectations.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Ltd. has disclosed that UBS Group AG and its related bodies corporate have ceased to be substantial shareholders in the company as of 5 February 2026, according to a statutory notice filed under Australian corporations law. The change reflects a reduction in UBS’s voting interest below the substantial holding threshold, signaling a shift in the company’s institutional investor base that may modestly alter its shareholder dynamics without detailing the underlying transactions.
The notice indicates that there have been changes in UBS’s relevant interests in Elsight’s voting securities since its last substantial holding notice dated early January 2026. While the filing does not specify strategic reasons for UBS’s exit, such movements by a global financial institution can affect market perceptions of liquidity and institutional support for the stock, and may prompt closer scrutiny of future changes in Elsight’s ownership structure.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight has scheduled a public webinar on 4 February 2026 to present its fourth-quarter 2025 results, positioning the event as a showcase of how the company is responding to major shifts in the global defense landscape. Management plans to outline how evolving operational and mission requirements are shaping its technology, strategy, operations, partnerships and market engagement, and will use a new company presentation to highlight its role in the rapidly changing uncrewed systems and defense connectivity market, with a recording to be made available on its website after the event.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Limited has issued 39,437 new ordinary fully paid shares on 2 February 2026 and has lodged a notice under section 708A(5)(e) of the Corporations Act 2001 confirming that the issue was made without a disclosure document. The company stated that it remains compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, signalling that the small equity issuance fits within its ongoing capital management while maintaining regulatory transparency for investors.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Limited has applied to the ASX for quotation of 39,437 new ordinary fully paid shares under its issuer code ELS. The additional securities, issued on 2 February 2026, arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and signalling ongoing utilisation of its equity-based instruments by holders.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight reported a record fourth consecutive quarter of revenue growth, with Q4 2025 sales of about US$9.3 million lifting full-year revenue to roughly US$22.8 million, an eleven-fold increase year-on-year, supported by software-like gross margins of around 77% and a growing order backlog of about US$22 million that provides strong visibility into 2026. The company secured a US$21.2 million contract for deliveries in the first four months of 2026, booked its first 2026 commercial order from a U.S. public safety customer, and grew high-margin recurring revenue from software, cloud and connectivity subscriptions to US$2.6 million, while ending the quarter with US$59 million in cash. Strategically, Elsight expanded its global sales and business development presence, advanced its Halo platform with selection by the U.S. Defense Innovation Unit for Phase 3 of Project G.I. (DRM2), and began delivering its new Aura products, moves that deepen its footprint in U.S. defence programs, support commercial adoption under evolving U.S. regulatory frameworks, and position the company for multi-year growth across defence, government and commercial connectivity markets.
The most recent analyst rating on (AU:ELS) stock is a Sell with a A$4.50 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Limited has applied to the ASX for quotation of 100,000 new fully paid ordinary shares, to trade under its existing ticker code ELS. The securities, issued on 14 January 2026 following the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s quoted capital base and may slightly enhance liquidity for shareholders once admitted to trading.
The most recent analyst rating on (AU:ELS) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight has secured a US$460,000 purchase order from a prominent U.S. commercial customer in the public safety sector, its first announced commercial deal for calendar 2026, underscoring growing demand for its Halo connectivity platform beyond defence. The order highlights public safety as a leading early-use market for Beyond Visual Line of Sight drone operations and reflects rising commercial engagement ahead of the expected finalisation of the FAA’s Part 108 BVLOS rules, which industry participants anticipate will accelerate broader adoption and deployment of unmanned systems in high-value, mission-critical environments.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Macquarie Group Limited has notified Elsight Ltd that it has ceased to be a substantial holder in the company, as disclosed in a regulatory filing dated 7 January 2026. The change removes a major institutional investor from Elsight’s substantial shareholder register, potentially altering the company’s shareholder base composition and reducing Macquarie’s direct influence over voting outcomes, although specific transaction details and volumes were not disclosed in the notice.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight has delivered the first batch of its newly developed Aura communications platform to a leading defence prime contractor, marking the transition of this strategically important program from research and development into production and initial deployment. Aura is designed to support both uncrewed systems and soldier‑level communications, significantly broadening Elsight’s addressable defence market beyond its core unmanned systems base and enhancing its positioning in global defence and security programs. The company is also deepening its U.S. presence by hiring two senior sales and business development executives with strong Department of Defense ties to accelerate pipeline conversion and win new government and defence contracts, while stating that proposed NDAA FY26 regulatory changes are not expected to hinder its operations. Taken together, these steps cap a year of operational and financial turnaround in 2025 and build momentum for 2026 by expanding order visibility into 2026 and reinforcing Elsight’s competitive footing in key defence markets, particularly in the United States.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Ltd. has issued 150,000 ordinary fully paid shares on 19 December 2025 and has notified the market that this capital issuance was conducted without a prospectus or other disclosure document under the relevant section of the Corporations Act. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no undisclosed excluded information, signalling that the small share issue is routine in nature and not accompanied by any material, non-public developments for existing shareholders or the broader market.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Limited has applied to the ASX for quotation of 150,000 new fully paid ordinary shares (ASX code: ELS), following the exercise or conversion of existing options or other convertible securities. The additional shares, issued on 19 December 2025, will modestly expand the company’s quoted capital base and may marginally enhance liquidity for shareholders once admitted to trading on the exchange.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
Elsight Ltd. has secured a significant US$21.2 million contract for the first four months of 2026, marking a substantial increase in demand for its Halo platform in the global defense and uncrewed systems market. This contract, from an existing European OEM customer, represents a 13.5-fold increase in orders compared to the same period in 2025, reinforcing Elsight’s position as a key connectivity provider for next-generation uncrewed platforms. The deal, structured with favorable upfront payment terms, is expected to support Elsight’s scale-up efforts and contribute to a strong start in 2026, with expanded opportunities in the defense and commercial sectors.
The most recent analyst rating on (AU:ELS) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.