Key points
- Etherstack agrees to scope change for UK project
- Additional scope delivers £0.5m (US$0.7m) revenue uplift
- Expected to benefit H1 FY27 financials
Full summary
Etherstack Plc has announced an agreement to a scope change for its primary project in the UK, which was initially announced on 17th October 2025. The additional scope, which has been agreed upon with the government, will result in a revenue uplift of £0.5m (US$0.7m) and a corresponding increase in ongoing support and maintenance fees. Management anticipates that these additional project revenues will positively impact the first half of the financial year 2027. Etherstack is a wireless technology company that specializes in developing, manufacturing, and licensing mission-critical radio technologies for various sectors globally.
Guidance
Revenue uplift of £0.5m (US$0.7m) expected in H1 FY27
Outlook
Management expects the additional project revenues to contribute beneficially to the first half of FY27.