Etherstack (ASX:ESK) received over AU$11 million in first-half cash receipts as of Friday, mainly from project revenues delivered in the first five months of the year, according to a Friday Australian bourse filing.
The company expects first-half revenue to "significantly outperform" compared to last year and is on track for first-half revenue to exceed the full-year revenue of 2024.
The company's shares jumped 12% on Monday's close.
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