ESK 0.00% 19.0¢ etherstack plc

Another solid & positive update by ESK. It's not hard to see why...

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    Another solid & positive update by ESK.

    It's not hard to see why the SP increased by 5% today - when a large number of other microcaps were down.

    Based on this presentation (see statement below), their revenue run rate is now around $8m USD per annum, and should crank up further with the Samsung & other recently announced deals:

    ESK: Updated financial guidance, 27 May 2021

    • “The Company now expects revenue for the half year ending 30 June 2021 to be in the range of US$3.5m to US$4.0m, representing an increase over the corresponding H1 period in 2020 of between approximately 46% to 66%”

    • The company expects FY2021 (31 Dec) to significantly outperform FY2020
 
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