EnSilica has won a further large Design & Supply contract, underpinning our forecasts and adding to the diversification of EnSilica’s revenue streams. The $7m Design & Supply contract win comes in the e-mobility market, a sector projected to grow at a compound annual growth rate of over 14% from 2023 to 2030. The contract follows a recent €2.5m win in the Satellite Broadband space and also a high-end consultancy win worth $2.5m. We make no changes to our forecasts but note that the recent wins a ....
13 Sep 2023
Allenby Capital: EnSilica plc
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Allenby Capital: EnSilica plc
Ensilica PLC (ENSI:LON) | 56.0 0 0.0% | Mkt Cap: 47.6m
- Published:
13 Sep 2023 -
Author:
David Johnson | Matt Butlin -
Pages:
9
EnSilica has won a further large Design & Supply contract, underpinning our forecasts and adding to the diversification of EnSilica’s revenue streams. The $7m Design & Supply contract win comes in the e-mobility market, a sector projected to grow at a compound annual growth rate of over 14% from 2023 to 2030. The contract follows a recent €2.5m win in the Satellite Broadband space and also a high-end consultancy win worth $2.5m. We make no changes to our forecasts but note that the recent wins a ....