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Etherstack Lands $1m WA Iron Ore Deal, Boosting Long-Term Recurring Revenue
9:21am on Wednesday 11th of June, 2025 AEST
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Technology
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Etherstack Lands $1m WA Iron Ore Deal, Boosting Long-Term Recurring Revenue
9:21am on Wednesday 11th of June, 2025 AEST
Key Points
New $1 million contract with WA iron ore giant via Radlink Communications
Majority of deployment revenue recognized in H1 2025, support revenue over 12 months from H2
Contracts contribute to long-term recurring revenues spanning 10-15 years
Record H1 cash receipts reported, with positive outlook for Defence and 3GPP MCPTX divisions
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