Top Page
Elsight Ltd.
(Sydney:ELS)
Elsight Ltd. (ELS) vs. iShares MSCI Australia ETF (EWA)
Elsight Ltd. Business Overview & Revenue Model
Elsight Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.03M | 1.54M | 1.19M | ― | ― |
| Gross Profit | 1.17M | 807.52K | -564.98K | ― | ― |
| EBITDA | -3.19M | -2.60M | -3.97M | ― | ― |
| Net Income | -3.87M | -3.68M | -6.21M | ― | ― |
Balance Sheet | |||||
| Total Assets | 2.26M | 4.44M | 10.33M | ― | ― |
| Cash, Cash Equivalents and Short-Term Investments | 885.67K | 2.70M | 7.68M | ― | ― |
| Total Debt | 180.10K | 5.32M | 6.27M | ― | ― |
| Total Liabilities | 1.11M | 6.10M | 7.60M | ― | ― |
| Stockholders Equity | 1.15M | -1.66M | 2.73M | 2.82M | ― |
Cash Flow | |||||
| Free Cash Flow | -1.77M | -2.24M | ― | ― | ― |
| Operating Cash Flow | -1.77M | -2.19M | -5.30M | ― | ― |
| Investing Cash Flow | -16.89K | -44.08K | ― | ― | ― |
| Financing Cash Flow | -37.49K | -119.42K | 10.04M | ― | 11.48M |
Elsight Ltd. Technical Analysis
Elsight Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$473.15M | 16.33 | 15.36% | ― | 7.50% | 204.66% | |
68 Neutral | ¥228.96B | 14.53 | 7.50% | 2.69% | 9.28% | 6.70% | |
66 Neutral | AU$96.54M | 22.07 | 13.02% | 1.93% | 32.93% | -41.23% | |
58 Neutral | AU$355.30M | ― | ― | 31.98% | -5.15% | ||
56 Neutral | AU$177.88M | ― | -212.47% | ― | -54.10% | 82.31% | |
53 Neutral | AU$12.10M | ― | -127.39% | ― | -17.08% | -2263.16% | |
39 Underperform | AU$410.58M | ― | -46.55% | ― | 905.48% | 10.02% |
Elsight Ltd. Corporate Events
Elsight Ltd. announced the cessation of certain securities due to unmet conditions, impacting 190,000 options expiring in 2030 and 625,000 options expiring in 2029. This cessation reflects a strategic adjustment in the company’s financial operations, potentially affecting stakeholders’ interests and market perception.
Elsight Ltd. has announced a change in its Registered Office and Principal Place of Business to a new location in Carlton, VIC, effective 30 June 2025. This strategic move is part of the company’s ongoing efforts to enhance its operational efficiency and market presence, potentially impacting its stakeholders positively by aligning with its growth objectives.
Elsight Ltd. has demonstrated remarkable supply chain resilience by delivering a US$1.35M shipment ahead of schedule despite regional tensions in Israel. The company’s unaudited revenue for 2025 has already surpassed US$4.4M, more than doubling its total 2024 revenue, with further growth anticipated. Elsight’s strong cash position, bolstered by high-visibility contracts and favorable payment terms, positions the company for sustained growth and future expansion. This aligns with broader industry trends, such as NATO’s plans to expand military capabilities, and underscores Elsight’s ability to execute under challenging conditions, enhancing its industry positioning and stakeholder confidence.
Elsight Limited has secured a new US$5.08 million contract with a European defense OEM customer, marking a significant increase in demand for its Halo units. This contract is part of a larger trend, with the customer securing new downstream clients, resulting in a total of US$14.7 million in orders for 2025. The rapid expansion highlights Halo’s competitive advantage in the defense sector, particularly for unmanned systems, and demonstrates Elsight’s ability to deliver reliable connectivity solutions. The company’s expanding production capabilities and readiness to fulfill large orders position it well for future growth and deeper integration into the customer’s ecosystem.
Elsight Ltd. has announced the issuance of unquoted equity securities, specifically options expiring in 2030 with varying exercise prices. This move is part of an employee incentive scheme, indicating a strategic effort to retain and motivate key personnel, potentially impacting the company’s operational dynamics and market positioning.
Elsight Ltd. announced that all resolutions were passed at its Annual General Meeting, including the adoption of the Remuneration Report and the re-election of directors. This outcome reflects strong shareholder support and positions the company for continued growth and stability in its operations, potentially enhancing its market position and stakeholder confidence.
Elsight Limited has expanded its supply agreement with a European defense OEM, securing an additional contract worth US$5.35M, bringing the total commitment to US$9.63M for 2025. This expansion is expected to drive Elsight to profitability and cash flow break-even in 2025, highlighting the strategic importance of its Halo connectivity platform in modern defense operations. The company’s technology is gaining accelerated adoption due to its critical role in enabling unmanned defense capabilities, amidst a global shift towards increased defense budgets and infrastructure deployments.
Elsight Ltd. has announced the issuance of 150,000 Fully Paid Ordinary Shares following the exercise of Unlisted Options, complying with relevant sections of the Corporations Act 2001. This move signifies the company’s adherence to regulatory standards and may enhance its market position by increasing its share capital, potentially impacting stakeholders positively.
Elsight Ltd. has announced the issuance of 150,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ELS. This move is part of the company’s strategy to enhance its market presence and provide more liquidity to its stakeholders, potentially impacting its operations and positioning within the industry.
Elsight Ltd. has been selected for the prestigious 2025 Northrop Grumman Technology Accelerator, a program delivered by U.S. venture-builder FedTech. This selection, from over 225 applicants, highlights the strategic importance of Elsight’s Halo platform in defense applications. The program offers Elsight direct integration with Northrop Grumman’s technical and procurement teams, providing a fast-track to U.S. Department of Defense-funded pilots and strategic contracts. This opportunity marks a significant milestone for Elsight’s expansion into the U.S. defense sector, potentially translating into tangible growth for shareholders.
Elsight Ltd. has announced a significant increase in revenues within the defense sector, highlighting the importance of its upcoming first quarter results webinar. This development indicates a positive impact on the company’s operations and industry positioning, offering stakeholders insights into its growth trajectory.
Elsight Ltd. has announced its 2025 Annual General Meeting (AGM) scheduled for May 29, 2025, in Perth, Australia. The meeting will address standard business matters, including the adoption of the remuneration report and the re-election of a director. This AGM is a routine event for shareholders to review financial statements and make decisions on company governance, reflecting Elsight’s ongoing commitment to transparency and stakeholder engagement.
Elsight Limited has announced the release of an Appendix 2A and two Appendix 3Gs related to the issuance of Ordinary Shares and new Unlisted Options, confirming its capital structure. This announcement outlines the total quoted and unquoted securities on issue, reflecting the company’s strategic moves to enhance its financial structure, potentially impacting its market positioning and stakeholder interests.
Elsight Ltd. has announced the issuance of several classes of unquoted equity securities, specifically options with varying expiration prices and dates, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and retention, while also potentially strengthening the company’s financial position and market competitiveness.
Elsight Ltd. has announced the issuance of 550,000 Fully Paid Ordinary Shares following the exercise of 550,000 Unlisted Options. This move is part of the company’s compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements. The issuance of shares without disclosure under Part 6D.2 of the Act signifies Elsight’s commitment to maintaining regulatory standards, potentially impacting its market operations and signaling stability to stakeholders.
Elsight Ltd. has announced the issuance of 550,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of April 23, 2025. This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its financial standing and offering new opportunities for stakeholders.
Elsight Limited reported a record-breaking Q1 2025 revenue of USD $1.020 million, marking a 64% increase over Q1 2024 and a 113% rise from Q4 2024. This growth is attributed to a diverse customer base and significant orders, including a major USD $4.28 million order from a European defense OEM. The company’s strategic expansion into larger revenue orders and diverse market sectors positions it for continued growth, with defense revenues comprising 73% of the total. A small AUS $1M loan was secured to support working capital needs due to upcoming large projects.