Ensilica Plc · LSE:ENSI
Ensilica — H1 2026 Earnings Presentation
12 slides from Ensilica's earnings presentation, February 2026
Slide 1: Investor Presentation H1 FY26 Results
Ian Lankshear, Chief Executive Officer Investor Presentation Kristoff Rademan, Chief Financial Officer H1 FY26 Results February | 2026
Slide 2: Disclaimer
►Disclaimer The information contained in this document (“Presentation”) and the presentation made to you verbally the Company that are difficult to predict, qualify and/or quantify . These forward -looking statements has been prepared by EnSilica Plc (the “Company”) . EnSilica Plc is a UK company qu
Slide 3: EnSilica Today
►EnSilica Today ENSILICA’S LOCATIONS UNITED KINGDOM: Oxford, Bristol, Sheffield & Cambridge GERMANY: Munich ▪ EnSilica is a fabless silicon chip maker HUNGARY: Budapest ▪ Our assets are our People, IP, Customers & Suppliers INDIA: ▪ Focused across the Communications, Automotive and Bangalore Industr
Slide 4: Strong Contract Momentum Across Key Growth Sectors
4 ►Strong Contract Momentum Across Key Growth Sectors ▪ Five ASICs in the supply phase generating recurring revenues ▪ Broader ASIC portfolio i n design phase supporting the growth of future chip supply ▪ Advancing multiple customer ASIC programmes towards tape -out – validating key design elements
Slide 5: H1 FY26 Income Statement
►H1 FY26 Income Statement £’millions H1 FY26 H1 FY25 ▪ Record H1 FY26 revenues up 37% to £12.7 million, driven by further supply revenue growth as well as REVENUES 12.7 9.3 NRE revenue growth from contracted customers GROSS PROFIT 4.9 3.4 ▪ Gross margins in H1 FY26 of 38% slightly outperformed the 3
Slide 6: H1 FY26 Revenue Split
►H1 FY26 Revenue Split £’millions H1 FY26 H1 FY25 ▪ Chip supply revenues increased 34% with increase CHIP SUPPLY 3.9 2.9 driven by growth in customer demand and in particular growing revenues from industrial ASIC which taped out at the end of FY24 NRE 5.8 2.2 ▪ NRE revenues more than doubled to £5.8
Slide 7: H1 FY26 Balance Sheet
►H1 FY26 Balance Sheet £’millions H1 FY26 FY25 ▪ Intangible assets increased due to investment capitalised of £3.1m offset by amortisation and INTANGIBLE ASSETS 25.1 22.8 impairment of £0.9m ▪ Cash movement detailed in cash flow slide below CASH 2.0 2.0 ▪ External loans decreased due to repayment of
Slide 8: H1 FY26 Cash Flow
►H1 FY26 Cash Flow £’millions H1 FY26 H1 FY25 ▪ Working capital movement positively impacted by large customer contract upfront milestone EBITDA 1.7 (0.2) payments received Working Capital 2.7 (1.4) ▪ Investment of £3.1m in customer ASICs and Intangibles and capex internal IP and £0.2m in IT and man
Slide 9: Revenues Growth Driven by Current Supply Wins
►Revenues Growth Driven by Current Supply Wins Market Design Post Tape Out Chip Supply Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 1 Hawk-Visteon Automotive 2 Ruby Aerospace 3 Firefly Industrial 4 Siemens IndustrialGolden Eagle 5 AST Space 6 Hanwha IndustialIP 1 7 Hanwha Space* IP 2 8 Tawny Space* (Vites) 9 Cass
Slide 10: Satellite Communication: Material, Silicon-led Opportunities
10 ►Satellite Communication: Material, Silicon-led Opportunities Market size: Sustained constellation investment $98bn (2025) • Major programmes across IRIS², Eutelsat, ViaSat, SES, Amazon Kuiper, Blue Origin $223bn (2033) and Telesat • Performance, cost and scalability increasingly defined by custo
Slide 11: Outlook
11 ►Outlook ▪ Revenue booked underpins the Board confidence in achieving guidance for FY26 ▪ Group’s outlook for FY26 and beyond continues to be supported by EnSilica's $250m diversified revenue model and growing base of recurring revenues Visibility of ▪ Strengthened financial position supported by
Slide 12: Thank You
EnSilica Thank You