ENET Back - $2m+ Double Revenue Expected!2 Feb 2026 10:07
First green shoots right here, 2025 $1.05m revenue, 2026 $2m revenue expected + additions. IF this is not turnaround RNS statements…don’t know what is!
For the year ended 31 December 2025, the Company generated approximately US$1.03m in revenue (unaudited), derived from royalties, maintenance and support services.
For 2026, the Company anticipates generating approximately US$1.7m to US$2m of revenue from existing customers, driven by extended royalty income, continued business with a U.S. Broadband customer, and ongoing engagements with the Company's Tier-1 U.S. defense customer.
In addition, the Company expects to pursue further revenue opportunities through:
· collaboration with a semiconductor vendor, initially with an FPGA/IP offering, with a planned transition to ASIC at scale;
· the introduction of the Company's new high-capacity, ultra-low latency traffic manager, targeting 400Gbps performance on FPGA and above 1Tbps when implemented in ASIC, compared to the current ENET flow processor performance of 60Gbps on FPGA; and
· additional discussions and opportunities related to xPON solutions.