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EnSilica PLC on Tuesday expressed optimism in meeting its expectations for the full-year, as it posted interim advances in revenue and profit. The Oxford, England-based computer chip maker swung to a pretax profit of £120,000 for the six months that ended November 30, from a £1.4 million loss a year earlier. Driving the advance was a 37% top line gain, as revenue grew to £12.7 million from £9.3 million. EnSilica said this progress was reflective of growth across both chip supply and design-led revenues. Recurring revenue from chip supply was £3.9 million, rising 34%. EnSilica said NRE revenues grew ‘substantially’, owing to NRE contracts won during financial 2025, but the company noted consultancy revenue was ‘subdued’ at £3.0 million, as a result of the focus on key NRE projects won in financial 2025. Looking ahead, EnSilica said it has confidence in achieving management expectations for the full-year, as it noted 95% of business is already booked. The company said revenue is expected to be second-half weighted, owing to the timing of customer milestones and scheduled chip tape-outs. EnSilica added that it sees it achieving positively monthly operational cash generation by the end of 2026, as production revenues scale. Shares in the company were 2.5% higher at 52.88 pence around midday on Tuesday in London. ‘I am delighted by EnSilica’s strong first half performance, producing record revenues, profitability and clear evidence that our strategy of focusing on high-growth, differentiated, technology-led markets is delivering results. Growth in chip supply revenues, alongside robust design and NRE activity, reflects increasing customer confidence in our ability to deliver complex, safe-and-secure critical silicon into long-lifecycle applications,’ said Chief Executive Ian Lankshear. ‘Beyond FY26, the depth, quality and duration of our contracted order book and pipeline programmes give us confidence in the long-term scalability and resilience of the business, as EnSilica continues to build a high-quality, recurring revenue supply base.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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