Etherstack Plc · ASX:ESK
Etherstack — H1 2025 Earnings Presentation
14 slides from Etherstack's earnings presentation, Aug 20, 2025
Slide 1: Half year results investor presentation
For personal use only 30 June 2025 Half year results Investor presentation Etherstack plc (ASX:ESK) 20 August 2025 Authorised for release by David Deacon, CEO and David Carter, CFO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Etherstack plc (ARBN 156 640 532) (“Etherstack” or “the Company”). The information in this presentation is for information purposes only and is not investment, financial product, legal or tax advice. For personal use only This presentation contains s
Slide 3: Our Three Core Markets
Our Three Core Markets Mission Critical PTT Technology and Solutions For personal use only Mission Critical Push to Digital Land Mobile Satellite Push to Talk Talk (MCPTX) over cellular Radio (LMR) networks (PTT) and Defence Systems networks (4G & 5G) Digital wireless terrestrial communication Missi
Slide 4: Etherstack
Etherstack Etherstack is a wireless technology provider that supplies our own mission critical wireless networks to the public safety, utilities and resource sector. The company also licenses key technology to over 20 other wireless equipment manufacturers globally For personal use only Snapshot 3 C
Slide 5: Financial & Business highlights H1 2025
For personal use only Financial & Business highlights H1 2025
Slide 6: Financial highlights H1 2025 (USD$)
Financial highlights H1 2025 (USD$) Revenue Record H1 EBITDA For personal use only 87% Record half year revenue in 2025 exceeds full year revenue for 42% 2024 Half year Revenue up 87% on pcp EBITDA USD $2.543m up 1537% to USD $6.1m on pcp Support KPI Record Deal Recurring revenue growth NPAT up 20%
Slide 7: Recurring revenues sustained upward trend
Recurring revenues sustained upward trend Key forecast assumptions/comments • The AT&T Master Service Agreement contract signing supports the recurring revenue forecasts made previously. • Recurring revenue comprising Support revenues For personal use only Revised Recurring Revenue Support & CaaS (U
Slide 8: Largest Sources of Revenues
Largest Sources of Revenues (past 3 years, including current) By Clients & Category For personal use only 1. AT&T One of the world’s largest telcos. Project and new CaaS revenues 2. Samsung World’s largest electronics companies, technology licensing and support revenues 3. Electric Utilities Austral
Slide 9: Income Statement
Income Statement Key changes US$'000 H1 2025 H1 2024 Revenue from Contract with Customers 6,079 3,258 • Project revenue up sharply on pcp For personal use only Recurring support and Royalty revenue 1,374 1,073 underpinned by AT&T contract • Recurring revenues – $ increased strongly Project and Produ
Slide 10: Balance Sheet & Cash Flow Statement
Balance Sheet & Cash Flow Statement Balance Sheet Cash Flow Statement US$’000 30-Jun-25 31-Dec-24 US$’000 Half year 2025 Half year 2024 For personal use only Cash and cash equivalents 1,671 136 Net cash generated / (used in) operating activities 3,378 869 Trade and other receivables 2,942 3,325 Net
Slide 11: Strong outlook driven by focus on key strategic initiatives
Strong outlook driven by focus on key strategic initiatives For personal use only Expansion of Commencement existing Australian License and supply of upgrades to & International of defence virtualised public safety communications switching solutions networks solution to other across installed nation
Slide 12: Questions
For personal use only Questions
Slide 13: Appendix 1: August 2025 Announcement
Appendix 1: 11 August 2025 Announcement Key Points ▪ Seven year deal plus optional extensions with AT&T Services Inc. For personal use only ▪ AT&T are one of the world’s largest telcos and company by revenue ▪ Minimum contribution per annum US$2.5m (~A$3.8m p/a) ▪ Additional revenues from subscriber
Slide 14: For personal use only
London New York 64 Rose Street, +44 207 734 0200 +1 917 661 4110 Chippendale NSW 2008 Info_eu@etherstack.com Info_na@etherstack.com Phone +61 2 8399 7500 For personal use only Sydney Yokohama David Deacon, CEO +61 2 8399 7500 +81 45 342 9050 david.deacon@etherstack.com Info_au@etherstack.com Info_jp