https://www.londonstockexchange.com/news-article/ENSI/h1-fy-2026-trading-update/17401717
Excerpts…
’The Company is pleased to report that it generated solid new business momentum across the Period alongside producing strong levels of Non-Recurring Engineering (“NRE”) and recurring supply revenue from existing contracts, delivering revenue growth in excess of 35 per cent during the Period on a like for like basis.’
‘Outlook
The Board remains confident of delivering a substantial increase in revenues and EBITDA profitability in FY 2026 versus FY 2025 and reiterates its current guidance for the 12 months ending 31 May 2026 of revenues of between £28 million and £30 million, with more than 95 per cent of revenues already covered by existing customer contracts, and EBITDA profits of between £3.5 million and £4.5 million.
Importantly, the Group’s strong NRE order book, coupled with increasing profits from chip supply activities, is driving a phased reduction in cash consumption, with the Board anticipating positive monthly cash generation by the end of calendar year 2026.’
EnSilica: H1 FY26 Trading Update – Very Positive News In My Opinion
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