Appendix 4D, Half-year Financial Report and Revenue Update

• Revenue from ordinary activities increased by 283% to $168.782 million
• Net loss after tax for the half-year was $32.922 million
• Underlying EBITDA from continuing operations was $21.6 million
• Contracted order book increased to approximately $846 million
• Net tangible assets per share decreased to 64.42 cents

Electro Optic Systems Holdings Limited (EOS) reported its half-year financial results for the period ended 30 June 2026. The company recorded revenue from continuing operations of $168.8 million, a significant 283% increase from the prior corresponding period. Despite this, the company reported a net loss after tax of $33.7 million, influenced by a $34.0 million non-cash fair value remeasurement loss related to the contingent consideration liability from the MARSS acquisition. Underlying EBITDA from continuing operations was $21.6 million, showing a substantial improvement from the prior period's loss of $14.9 million. The company's contracted order book stood at approximately $846 million, reflecting strong customer demand. The net asset position increased to $391.6 million, and cash and cash equivalents rose to $256.0 million. The company also drew down $70.0 million from a $100.0 million term loan facility, with $30.0 million remaining available.

Revenue for the half-year increased by 283% to $168.782 million

EOS anticipates continued growth in revenue and order book, driven by new contract wins and increased activity levels in its defence systems segment.