Elsight's Year-to-Date Revenue Exceeds AU$6.7 Million, Says Supply Chain Remains Unaffected by Middle East Conflict

MT Newswires Live
Jun 23

Elsight (ASX:ELS) said its operations and supply chain remain uninterrupted from the Middle East conflict as it delivered a shipment of about AU$2 million this week, according to a Monday Australian bourse filing.

The company's year-to-date unaudited revenue exceeded AU$6.7 million, already more than double the company's total 2024 revenue, with further acceleration expected in the second half, the filing added.

The company reported a cash position of about AU$9.8 million, helped by high-visibility contracts and favourable payment terms.

The company added that its AU$22.8 million contract deployment is progressing ahead of the original timeline, with accelerated rollout now underway.

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