Key highlights

  • Elsight Ltd (ASX:ELS) closed at $3.16 on 20 October 2026, down 3.07%.
  • The shares are up approximately 137.59% over the past year.
  • Elsight’s half-year report to 30 June 2026 showed Revenue up 383% to US$23.4 million and a profit of US$1.19 million.

Shares in Elsight Ltd (ASX:ELS) closed at $3.16 on 20 October 2026, fell 3.07% on the day from a previous close of about $3.2601.

Over the past 12 months the stock gained approximately 137.59%. Working back from the closing price, a 12-month change of approximately +137.59% implies a share price of about $1.33 a year earlier. The annual gain is much larger than the move in a single session, which is a reminder of how far a stock can travel over a year.

In dollar terms, the 12-month move amounts to about $1.83 per share, from roughly $1.33 to $3.16, while the move during the 20 October session was about 10.0 cents per share. The two figures measure different time frames and are reported here on their own terms.

About Elsight

Elsight Limited is a technology company whose principal activities are the development and commercialisation of its Halo platform, which provides resilient connectivity for unmanned and remote systems. Its shares are listed on the ASX under the code ELS and it reports in US dollars.

Latest development

The share price figures above are reported separately from the half-year report. In its interim financial report and Appendix 4D for the half year ended 30 June 2026, Elsight reported revenue from ordinary activities up 383% to US$23.4 million. Profit after tax attributable to owners rose 256% to US$1.19 million, compared with a loss of US$761,112 in the previous period, which the company attributed to higher sales revenue and improved gross profit.

Net tangible Assets per ordinary security were 27.70 cents, against 0.96 cents a year earlier. Cash and cash equivalents and other financial assets, including term deposits, were about US$63 million at 30 June 2026 compared with about US$59 million previously. No dividends were paid, recommended or declared.

The report noted that Halo was approved for inclusion on the Blue UAS Cleared List, the United States defence directory of approved unmanned aircraft system components, in April 2026.

Sector context

Unmanned systems and drones are an area of fast-growing Demand in defence and commercial applications, and approval for government procurement lists can be an important step for technology suppliers. Connectivity for unmanned systems is a niche that depends on regulation, customer programs and Supply chains.

Companies starting from small revenue bases can show very large percentage growth.

Risks

The 383% revenue increase is from a low base, and the profit of US$1.19 million is small relative to revenue. Revenue can be lumpy when it depends on a small number of large customer orders.

Customers in defence markets can change procurement plans, and the share price has risen approximately 137.59% over the year, so it could be volatile in both directions.

Share price movements add a separate layer of uncertainty. The stock’s one-day move of -3.07% on 20 October 2026 and its 12-month change of approximately +137.59% show how far the share price can move, and past movements do not indicate future direction.

Catalysts to watch

Items to watch include revenue and Margin in the next reporting period, the impact of the Blue UAS Cleared List approval on orders, cash and term deposit balances and any new customer announcements.