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Elsight’s Revenue Soars 344% in H1 2025, Eyes Profitability Amid $39M Capital Raise
10:24pm on Friday 29th of August, 2025 AEST
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Technology
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Elsight’s Revenue Soars 344% in H1 2025, Eyes Profitability Amid $39M Capital Raise
10:24pm on Friday 29th of August, 2025 AEST
Key Points
Record H1 2025 revenue of US$4.85 million, up 344% year-on-year
Net loss reduced to US$761,112 from US$1.7 million in prior period
Strong order book of US$11.45 million to be delivered in 2025
Completed US$39 million capital raise led by top-tier institutional investors
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