Reported Earnings • Jul 02
Full year 2025 earnings released: US$0.001 loss per share (vs US$0.011 loss in FY 2024) Full year 2025 results: US$0.001 loss per share (improved from US$0.011 loss in FY 2024). Revenue: US$1.05m (down 24% from FY 2024). Net loss: US$5.73m (loss narrowed 1.8% from FY 2024). New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 53% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue has declined by 53% over the past year. Shareholders have been substantially diluted in the past year (over 20x increase in shares outstanding). Market cap is less than US$10m (UK£344.1k market cap, or US$455.5k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$1.4m revenue). Aankondiging • May 06
Ethernity Networks Ltd. Provides Earnings Guidance for 2026 Ethernity Networks Ltd. provided earnings guidance for 2026. The company now targets revenues in the range of $1.6 million to $1.8 million for 2026, based on existing customer engagements, principally the ongoing engagement with the Company's Tier-1 U.S. defence and aerospace customer. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Market cap is less than US$10m (UK£499.4k market cap, or US$675.1k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$1.4m revenue). Aankondiging • Feb 19
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.23 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.23 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,750,000,000
Price\Range: £0.00004
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 02
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.3675 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.3675 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,187,500,000
Price\Range: £0.00004
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 07
Ethernity Networks Ltd. announced that it expects to receive £0.1825 million in funding Ethernity Networks Ltd. announced private placement of Zero Coupon Unsecured Convertible Loan Note (CLN) due December 5, 2025 for gross proceeds of £182,500 on November 6, 2025. The CLN is unsecured and does not bear interest and matures on December 5, 2025. The transaction is subject to board approval in its EGM and If the EGM Resolutions are passed, the CLN will convert into approximately 4,284,037,559 new NPV Ordinary Shares at a conversion price of £0.0000426 (0.00426p), which represents a 65% discount to the closing mid-market price of an ordinary share on November 5, 2025. If the EGM Resolutions are not passed, the company will incur a 428% penalty charge under the CLN, raising the total amount due to £963,480. In this case, the CLN will convert at the current par value of 0.02249p, resulting in the issuance of the same number of shares (4,284,037,559) at the current par value. The total number of shares issued upon the CLN conversion (the "Subscription Shares"), along with the shares from the placing, will total approximately 4,995,464,860 Fundraising Shares, which represents 50% of the company's enlarged share capital post-fundraising. The Fundraising Shares will rank pari passu with the Company's existing ordinary share capital. Aankondiging • Nov 06
Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.160071 million. Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.160071 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 711,427,301
Price\Range: £0.000225
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 24
Ethernity Networks Ltd., Annual General Meeting, Nov 27, 2025 Ethernity Networks Ltd., Annual General Meeting, Nov 27, 2025. Location: the offices of the company, 3rd floor beit golan, 1 golan st corner hanegev, airport city 7019900, Israel New Risk • Oct 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.1m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Market cap is less than US$10m (UK£180.0k market cap, or US$242.5k). Minor Risk Revenue is less than US$5m (US$1.4m revenue). Reported Earnings • Jun 30
Full year 2024 earnings released: US$0.01 loss per share (vs US$0.044 loss in FY 2023) Full year 2024 results: US$0.01 loss per share (improved from US$0.044 loss in FY 2023). Revenue: US$1.38m (down 63% from FY 2023). Net loss: US$5.83m (loss narrowed 8.4% from FY 2023). Aankondiging • May 01
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.8 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 368,181,907
Price\Range: £0.00022
Security Features: Attached Warrants
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,268,181,726
Price\Range: £0.00022
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 7.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (271% increase in shares outstanding). Market cap is less than US$10m (UK£378.0k market cap, or US$495.3k). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$3.0m revenue). Aankondiging • Mar 20
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.08875 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.08875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 177,500,000
Price\Range: £0.0005
Transaction Features: Subsequent Direct Listing Aankondiging • Mar 14
Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.08875 million. Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.08875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 177,500,000
Price\Range: £0.0005
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 11
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.130029 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.130029 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 92,878,873
Price\Range: £0.00133
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,887,218
Price\Range: £0.00133
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 06
Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.130029 million. Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.130029 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 97,766,091
Price\Range: £0.00133
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 02
First half 2024 earnings released: US$0.009 loss per share (vs US$0.033 loss in 1H 2023) First half 2024 results: US$0.009 loss per share (improved from US$0.033 loss in 1H 2023). Revenue: US$582.0k (down 58% from 1H 2023). Net loss: US$3.54m (loss narrowed 2.1% from 1H 2023). Aankondiging • Sep 20
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.5405 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.5405 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 171,158,333
Price\Range: £0.003
Security Features: Attached Warrants
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,008,333
Price\Range: £0.003
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 19
Ethernity Networks Ltd., Annual General Meeting, Aug 28, 2024 Ethernity Networks Ltd., Annual General Meeting, Aug 28, 2024. Location: the offices of the company, 3rd floor, beit golan, 1 golan st, corner hanegev, airport city 7019900, Israel Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Richard Antony Bennett was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2023 earnings released: US$0.044 loss per share (vs US$0.10 loss in FY 2022) Full year 2023 results: US$0.044 loss per share (improved from US$0.10 loss in FY 2022). Revenue: US$3.78m (up 29% from FY 2022). Net loss: US$6.36m (loss narrowed 21% from FY 2022). Aankondiging • Apr 16
Ethernity Networks Ltd. Approves Board Appointments Ethernity Networks Ltd. announced that, further to the company's announcement on 9 April 2024, the adjourned general meeting of the company was held on April 16, 2024, following the passing of the resolutions, Julie Kunstler and Aviva Banczewski have been appointed to the Board of Directors of the Company as External Non-Executive Directors. Julie Kunstler has over 30 years' experience in the communications components, equipment, and software industry, having served as an executive, venture-fund investor, analyst, and board member. Most recently, Julie held the position of Chief Analyst - Broadband Access Intelligence Service for Omdia (a division of Informa Tech), covering the fixed broadband access industry ecosystem. Prior to joining Omdia, Julie served as VP Business Development for Teknovus, a venture-backed broadband access PON (Passive Optical Network) chip start-up, where she assisted with fundraising, corporate strategy, OEM agreements, and its acquisition by Broadcom. Aviva Banczewski has over 30 years of varied finance experience including audit, consulting, regulatory and compliance, business and strategic planning and acquisition due diligence assignments. She started her career working for Andersen in both Australia and then Israel for a total of 15 years. Since then, she has held both finance and investor relations roles in publicly traded companies, including ICL Group Ltd. and Evogene Ltd. She currently acts as Director of Investor Relations for Pluri Inc. Aviva has also been a board member of the Israel Australia Chamber of Commerce since November 2022. Julie Anne Kunstler (formerly Katzen) is 68 years old. Aviva Banczewski, aged 57, holds the following directorships and/or partnerships in the past five years: Current directorships and/or partnerships: Diagnosis and Rehabilitation Clinic - Functional Capacity Evaluation and Whiplash Center Ltd, Israel-Australia, New Zealand & Oceania Chamber of Commerce (RA) (Israel). New Risk • Apr 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (263% increase in shares outstanding). Market cap is less than US$10m (UK£2.64m market cap, or US$3.34m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (US$3.6m revenue). Aankondiging • Feb 14
Ethernity Networks Ltd. Appoints Ayala Deutsch as Chief Financial Officer Ethernity Networks Limited announced the appointment of Ayala Deutsch to the Board of the Company as Chief Financial Officer. Ayala joined Ethernity in January 2019 as Vice President of Finance and has been managing the Company's CFO duties since August 2023. Ayala has more than 15 years of financial experience in international high-technology companies. Previously she was a Corporate Controller at Glide, and prior to that, an auditor at KPMG. Ayala is a Certified Public Accountant in Israel and obtained her MBA, majoring in Financial Management, at the Hebrew University in Jerusalem. Ayala Dina Deutsch (formerly Langsam) is 36 years old. Aankondiging • Dec 20
Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.7 million. Ethernity Networks Ltd. has filed a Follow-on Equity Offering in the amount of £0.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,000,000
Price\Range: £0.01
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 05
Ethernity Networks Ltd. Provides Earnings Guidance for the Year 2023 Ethernity Networks Ltd. announced that subject to completion of the FY2023 audit, the Company anticipates that its headline results for 2023 will be: revenue of between USD 3.6 million and USD 3.8 million (2022: USD 2.97 million); underlying gross profit of between USD 2.4 million and USD 2.6 million (2022: USD 1.59 million) representing an underlying gross margin of 67%-68% (2022: 54%). Aankondiging • Nov 15
Ethernity Networks Ltd. Announces Director Changes Ethernity Networks Ltd. announced that, following the conclusion of their second three-year terms in office as external directors of the Company, Chen Saft-Feiglin and Zohar Yinon will cease to act as directors of the Company with immediate effect. Under Israeli Companies Law (‘Companies Law’), the term of office of an external director is three years, which can be extended for two additional three-year terms, subject to the approval of shareholders at a general meeting. Mrs. Saft-Feiglin and Mr. Yinon have informed the Company that they will not be seeking to extend their roles for a third term. In accordance with the Companies Law, the Company will be required to appoint two new external directors to the Board of Ethernity and such directors must meet certain statutory requirements of independence. Given the current financial constraints faced by the Company in the ongoing temporary suspension of proceedings (‘TSP’) process, the Company will seek to finalise the appointment of the new external directors within three months of the conclusion of the TSP and further updates will be made in due course. The composition of the Company's audit, nominations and remuneration committees will be finalised following the appointment of the new external directors. In the interim period, Yosi Albagli (Non-executive Chairman) and Richard Bennett (Independent Non-executive Director) remain as independent non-executive directors of the Company. Reported Earnings • Sep 26
First half 2023 earnings released: US$0.033 loss per share (vs US$0.046 loss in 1H 2022) First half 2023 results: US$0.033 loss per share. Revenue: US$1.40m (up 99% from 1H 2022). Net loss: US$3.61m (loss widened 3.2% from 1H 2022). Aankondiging • Jul 26
Ethernity Networks Ltd. Announces CFO Change, Effective 31 July 2023 Ethernity Networks Ltd. announced that by mutual agreement, Mark Reichenberg, Chief Financial Officer, will be stepping down from the Board with effect from 31 July 2023. The Board has commenced an internal and external search for a suitable candidate for the role of Chief Financial Officer and the Company will make a further announcement in due course. In the interim period, Ayala Deutsch, Vice President of Finance, will manage the CFO duties. Aankondiging • Jul 07
Ethernity Networks Ltd., Annual General Meeting, Aug 14, 2023 Ethernity Networks Ltd., Annual General Meeting, Aug 14, 2023, at 11:00 Israel Standard Time. Location: 3rd Floor, Beit Golan, 1 Golan St. Corner HaNegev Airport City Israel Reported Earnings • Jul 02
Full year 2022 earnings released: US$0.10 loss per share (vs US$0.14 loss in FY 2021) Full year 2022 results: US$0.10 loss per share (improved from US$0.14 loss in FY 2021). Revenue: US$2.94m (up 12% from FY 2021). Net loss: US$8.00m (loss narrowed 14% from FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.295167 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.295167 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,695,593
Price\Range: £0.1095
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 23
First half 2022 earnings released: US$0.046 loss per share (vs US$0.086 loss in 1H 2021) First half 2022 results: US$0.046 loss per share (improved from US$0.086 loss in 1H 2021). Revenue: US$704.9k (down 26% from 1H 2021). Net loss: US$3.50m (loss narrowed 20% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Sep 22
Ethernity Networks Ltd. Provides Revenue Guidance for the Year 2022 Ethernity Networks Ltd. provided revenue guidance for the year 2022. The management expect full year revenue to be in the region of $3.6 million. Aankondiging • Apr 28
Ethernity Networks Opens Remote Access 5G Core Setup Ethernity Networks announced it is offering access to a real 5G core network environment that includes the company's 5G UPF Hardware Offload solution supported by leading integrator Tietoevry's UPF toolkit and testbench. The environment enables telecom operators and system integrators to remotely access the setup to experience firsthand the possible performance improvements and CPU savings. Potential customers can connect directly to the setup, which sends data flows across the environment via company's ACE-NIC100 FPGA SmartNIC, configured with PFCP commands originated by SMF. The ACE-NIC100 embeds the ENET Flow Processor semiconductor technology ported on the FPGA to handle the offloaded data plane from the server CPUs, accelerating the network function virtualization infrastructure (NFVI) via a unique containerized architecture that uses standard DPDK RTE_Flow APIs that are untied from the NFV and the driver. The result is dramatic improvement in UPF deterministic performance and a significant reduction in the CPU workload, resulting with lower server cost and power consumption. By accessing the setup, users can experience how the ACE-NIC100 communicates with other containers of open source VPP with UPF software networking elements. The solution fully offloads the user plane traffic without changing the UPF NFVI application, releasing server CPU cores and reducing power consumption, enhancing scalability, and assuring deterministic performance. The setup also incorporates graphical and statistical representations of the performance in real-time to illustrate the power of offloading 5G UPF from server CPUs. Aankondiging • Apr 09
Ethernity Networks Ltd., Annual General Meeting, May 16, 2022 Ethernity Networks Ltd., Annual General Meeting, May 16, 2022, at 11:00 Israel Standard Time. Location: 3rd Floor, Beit Golan, 1 Golan St. Corner HaNegev Airport City Israel Aankondiging • Apr 08
Ethernity Networks Ltd. Appoints Richard Bennett as Independent Non-Executive Director, Effective from 7 April 2022 Ethernity Networks Ltd. announced that following due process of the Nomination Committee and the Board, Richard Bennett has been appointed by the board as Independent Non-Executive Director, effective from 7 April 2022. His appointment is subject to the ratification of shareholders, which will be tabled at the forthcoming Annual General Meeting. Aankondiging • Feb 25
Ethernity Networks Ltd. Announces New Edge Device Ethernity Networks Ltd. announced its forthcoming disaggregated UEP2025 Cell Site Router. The UEP2025 features clock sync, security, Power Over Ethernet, and the company's patented link bonding over a combination of wired or wireless links to any vendor's radio units. It will serve as an ideal disaggregated, all-in-one, wireless backhaul Indoor Unit and cell site router. UEP2025 is an upgrade on the existing and currently available Universal Edge Platform that represents Ethernity's line of programmable network appliances targeted for network edge infrastructure solutions. It supports multiple ports of 10/25GbE and is equipped with a single FPGA SoC implementing both the CSR data plane and the link bonding. Ethernity's link bonding solution differentiates itself from traditional L1 bonding in that it enables an open, unlimited connection that does not depend upon a vendor-specific radio unit. The result is a non-blocking, disaggregated appliance that overcomes vendor lock-in at the network edge in line with the specifications of the Telecom Infra Project (TIP) Open Optical Packet Transport group's Disaggregated Cell Site Gateway (DCSG). The UEP2025's programmability makes it futureproof and capable of incorporating any future feature requirements, as well as adaptable to include current add-ons such as GPS on-board, fronthaul interfaces, MACSec, IPSec, or any of the many other features from Ethernity's rich FPGA firmware IP. Moreover, the same FPGA firmware can also be integrated into the company's ACE-NIC product line of SmartNICs to support cloud-native environments. The UEP2025 will be available for testing in July, with volume shipments in Q4. Pre-ordering is currently available to secure delivery. Aankondiging • Dec 15
Ethernity Networks Ltd. Provides Revenue Guidance for the Year Ended 31 December 2021 Ethernity Networks Ltd. provided revenue guidance for the year ended 31 December 2021. For the year, the company expects revenues $2.8 million (subject to year-end accounting adjustments) with c. 74% gross margin. Executive Departure • Dec 03
Independent Non-Executive Director Neil Rafferty has left the company On the 1st of December, Neil Rafferty's tenure as Independent Non-Executive Director ended after 4.4 years in the role. As of September 2021, Neil still personally held only 7.14k shares (UK£1.2k worth at the time). Neil is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.33 years. Aankondiging • Sep 29
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £4.2 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £4.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,000,001
Price\Range: £0.35 Aankondiging • Sep 01
Ethernity Networks Releases New 5G Routing Device Ethernity Networks announced it has released the programmable UEP-60 Universal Edge Platform 5G router, positioned as an optimal wireless backhaul Indoor/Outdoor Unit. It offers up to 60Gbps of networking capacity and virtually unlimited flexibility in protocol and port configurations. UEP-60 is targeted for network edge infrastructure solutions. It is uniquely designed for 5G networks as a wireless backhaul indoor/outdoor unit with integrated Layer-1 bonding, fronthaul gateway, small cell aggregation, or cell site gateway. The device utilizes an FPGA SoC for handling the data path and is equipped with a quad-core ARM processor for running the control stack. By combining this control capability with the 1G and 10G ports, UEP-60 is perfectly suited to serve as a switch/router network appliance for aggregation and demarcation of the WAN from LAN networks. Moreover, the FPGA enables full routing functionality and security as add-ons, saving space and cost at the network edge. The beauty of UEP-60 is that it is fully customizable toward a specific purpose within the network. Both the hardware configuration and the FPGA can be customized to meet various demands, while achieving maximum performance in a compact, affordable device. Reported Earnings • Aug 22
First half 2021 earnings released: US$0.086 loss per share (vs US$0.089 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: US$955.4k (up 166% from 1H 2020). Net loss: US$4.40m (loss widened 51% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Jun 27
Full year 2020 earnings released: US$0.17 loss per share (vs US$0.16 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$1.85m (up 38% from FY 2019). Net loss: US$6.25m (loss widened 21% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 25
Ethernity Networks Ltd. Announces Earnings Guidance for the First Half of 2021 Ethernity Networks Ltd. announced earnings guidance for the first half of 2021. The company announced that subject to accounting and revenue recognition, revenue for first Half of 2021, is expected to be approximately $1 million, 2.5 times higher than revenue in first half of 2020. Aankondiging • May 28
Ethernity Receives $2 Million Orders from Tarana Ethernity announced that further to its RNS of 6 April 2021, it has now received a total of $2 million in customer orders from Tarana Wireless to supply the Company's ENET FPGA SoC (system-on-a-chip). The orders include $740,000 for delivery in 2021, which represents an increase of c. 50% over the previous expectations of the customer. The remaining $1.26 million in orders are for 2022, based on Tarana's current 2022 sales commitments, and this amount could increase as demand for Tarana's G1 fixed wireless product continues to grow. Additional orders are expected for 2023. Ethernity has provided Tarana with the Company's ENET 4820z FPGA SoC with unique silicon-tuned software. Working in concert with Tarana's radio technology in its tower-installed base nodes, the ENET Flow Processor provides advanced networking functions, traffic control, and management for up to 512 homes per ENET SoC. Aankondiging • May 10
Ethernity Networks Releases ENET Wireless Backhaul Solution with Integrated Wireless Bonding Ethernity Networks announced that it has released the ENET Wireless Backhaul solution, designed for standalone FPGA-based appliances. The solution combines up to 60Gbps of networking capacity with newly patented bonding technology for optimizing 4G and 5G network deployments. The ENET Wireless Backhaul solution utilizes Ethernity's ENET Flow Processor FPGA firmware coupled with Ethernity's newly patented bonding technology to run on an FPGA appliance. The integrated bonding technology evenly distributes wireless traffic over multiple 1GbE and 10GbE ports. It offers the ability to support fragmentation, reassembly, and reordering of packets for differential delay compensation as a means to connect wireless radio equipment. The solution also ensures optimum wireless performance and improves transmitted throughput by dynamically distributing data along multiple wireless links of different speeds and technologies. This enables operators to overcome interruptions or slow wireless transmission due to inclement weather, as well as to increase maximum transmission distance. ENET Wireless Backhaul is ideal for implementing within a 4G/5G Indoor or Outdoor Unit with complete Carrier Ethernet Switch/Router functionality and the embedded bonding feature. The ENET Wireless Backhaul solution is currently available on Ethernity's standalone UEP-20 (Universal Edge Platform) with 10Gbps traffic spread over 10GbE and multiple 1GbE ports, as well as on commercial off-the-shelf servers using Ethernity's ACE-NIC FPGA SmartNICs. The solution will also run on the upcoming UEP-60 platform, which is targeted for release in third quarter of 2021, for bonding of 40Gbps traffic. Aankondiging • Mar 11
Ethernity Appoints Joseph Albagli as Non-Executive Chairman Ethernity announced the appointment of Joseph Albagli as non-executive Chairman of the Board, with effect from March 10, 2021. Yosi Albagli has over 30 years of experience in engineering, business strategy and management, and entrepreneurship in the communications industry. Yosi also served as President and CEO of CTWARE Ltd., as a board member of ITGI Medical (TASE), and as President of the Satellite Communications division for Orbit Communication Systems (TLV: ORBI), where he changed the company's focus toward targeting high-end, complex solutions. Is New 90 Day High Low • Feb 10
New 90-day high: UK£0.39 The company is up 84% from its price of UK£0.21 on 12 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 3.0% over the same period. Aankondiging • Feb 10
Ethernity Networks Ltd. Announces Delivery of ACE-NIC100 to Major Server Vendors Ethernity Networks Ltd. announced that, following requests received from three Tier-1 server vendors, it has delivered its 5G Distribution Unit (DU) FPGA implementation on top of its ACE-NIC100 FPGA SmartNIC for telco OpenRAN trials. The server vendors will evaluate Ethernity's existing DU offering while the Company continues working with them on an upgraded version that will entirely account for the operator's specific NIC requirements within the OpenRAN deployment. The DU implementation is based on the same ACE-NIC100 hardware, but offers ten 10GE/25GE ports, which is a unique offering compared to the standard two-port NIC card. It is equipped with in-house Sync technology to deliver the required timing to the Radio Unit (RU), as well as support for nine RUs per single DU NIC. Moreover, the DU NIC comes with an option to include complete router functionality, enabling cascading of multiple virtual DUs at a single location. This eliminates the need for an external cell site router, resulting in substantial CAPEX savings for service providers. The server vendors will focus their efforts with Ethernity to prime an offering to service providers committed to an early rollout of OpenRAN technologies in order to achieve cost savings and world-class services. The Company believes that its Router-on-FPGA-NIC provides a unique offering that is capable of meeting telco operators' 5G DU demands. Is New 90 Day High Low • Dec 08
New 90-day high: UK£0.27 The company is up 69% from its price of UK£0.16 on 09 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 6.0% over the same period. Aankondiging • Nov 18
Ethernity Networks Ltd. Announces Board Changes Ethernity Networks announced that Graham Woolfman has tendered his resignation as Chairman and director of the Company and intends to step down prior to the end of the year in order to concentrate on his other business interests. A formal process to identify a successor is being initiated. In the event this process has not concluded before Graham steps down, during the intervening period David Levi, Chief Executive Officer, will assume the role of Interim Executive Chairman, and Neil Rafferty, UK independent non-executive director, will take on responsibility for corporate governance. Under Israeli law, the Chairman may not be a member of either the Remuneration or Audit Committees, and this will allow the three non-executive directors to remain as members of those committees. Is New 90 Day High Low • Nov 11
New 90-day high: UK£0.22 The company is up 52% from its price of UK£0.14 on 13 August 2020. The British market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 8.0% over the same period. Aankondiging • Sep 23
Ethernity Networks Ltd. Signs Contract with Indian Telecom OEM Ethernity Networks Ltd. announced that on 21 September 2020 it signed a contract to provide an Indian telecom OEM with end-to-end system functionality to enable up to 360Gbps Cell Site Router (CSR) appliances. Ethernity will provide a complete vRouter software stack running on top of its CSR FPGA firmware embedded on an FPGA system-on-chip that will be positioned by the manufacturer as a programmable router and security platform for Indian telco networks. The contract provides for stage payments totalling $1.5 million on a milestone basis during 2020 and 2021 and includes a committed order for design kit, initial design, FPGA, and software. Subject to successful execution, the OEM anticipates that the contract could lead to further significant annual revenues for Ethernity from the supply of additional ENET FPGAs and vRouter software licenses for large scale deployments. The new project responds to recent demand for hardware disaggregation of Indian telecommunications networks, in which operators are seeking Indian-manufactured networking hardware. As part of the contract, Ethernity will collaborate on a go-to-market partnership with the OEM that will facilitate the Company's ability to offer its technology to Indian operators. By licensing Ethernity's CSR firmware and Layer 2/Layer 3 stack, the OEM has the necessary underlying system to manufacture an FPGA-based disaggregated solution for routing within the mobile network for a variety of use cases. While this project was developed to address specific tenders already in process for the OEM, the ongoing collaboration will streamline the process for the OEM of bidding on new tenders using Ethernity technology. The OEM intends to use Ethernity's system to create server-based CSR appliances with an embedded programmable router data plane and Ethernity's vRouter software stack, which can later be programmed for different 5G deployment scenarios. The CSRs will support both legacy 3G/4G LTE networks and developing 5G networks. Aankondiging • Jul 17
Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.78 million. Ethernity Networks Ltd. has completed a Follow-on Equity Offering in the amount of £0.78 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,500,000
Price\Range: £0.12
Transaction Features: Subsequent Direct Listing 
